Healthy planet, anyone?
A reminder of the premise behind Healthy planet, anyone?: Out-of-whack global systems create unknowns with complexities that are, first, difficult to understand… then collectively to agree that the understandings are accurate, then collectively to create and operationalize plans to address the out-of-whackiness, then to convince diverse humanity collectively to adhere to those plans.The out-of-whack system, meanwhile, increasingly squeezed by human exploitation, creates environments whereby pathogens can easily cross from animals to humans and spread with devastating results, including HIV/AIDS, Ebola, SARS, Covid-19….
Healthy planet, anyone? seeks to highlight efforts both to address and highlight this new reality and efforts to stymie growing threats.
Today, how “…the banking industry’s pledges to help fight global warming are vague and unenforceable.”
Banks and other financial institutions took over COP26’s main stage Wednesday as companies holding assets totaling more than $130 trillion committed to hit net-zero emissions by 2050, a deadline scientists say is critical to limiting global temperature increases to 1.5 degrees Celsius. Under auspices of the Glasgow Financial Alliance for Net Zero, a coalition led by U.N. special envoy Mark Carney, the industry has pledged to shift trillions of dollars away from fossil fuels as part of a global effort to keep temperatures below the catastrophic level.It’s not only about banks, or fossil fuel companies, or multinational corporations, or political systems despoiled by mega-donors, or even out-of-whack political systems that allow politicians supported by mega-donors to hold entire nations hostage. It’s all the above, and much more.
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But absent regulation, banks are establishing their own voluntary guardrails, which environmental advocates and some shareholders are eyeing with suspicion. Within their own ranks, banks are debating how to build reporting frameworks that will give credibility to their net-zero efforts. That could include imposing rules on the companies they finance.
Read “A $130T climate promise is greeted with suspicion” >>
Humans try to fight back. Most recently, a crowd of angry climate protestors spotted Democrat “Joe Manchin, West Virginia senator - and mascot for America’s well-heeled but clueless political class - driving his silver Maserati” . Protesters also confronted Manchin aboard his luxury yacht .
It's the system that's corrupt and not just Joe. But good to know who is good ole bought off Joe.
Systems out-of-whack allow the rise of people out-of-whack….
Systems out-of-whack allow the rise of people out-of-whack….
Meanwhile, back at the ranch…
South Africa, Nov 7, 2021 California, Nov 7, 2021 |
Let there be light: California has successfully transitioned to Standard Time.