Surprise! Corporations are reneging on their public climate pledges.
' Lang’s group examined more than 1,000 companies that have pledges to zero out their emissions by 2050. It found that [only] 38 of them ... are doing the bare minimum required under the Paris agreement’s goal of limiting warming to 1.5 degrees Celsius. The rest are not meeting the “starting line criteria” laid out by the United Nations ... '
#ClimateChange #corporations #GlobalWarming
https://www.washingtonpost.com/business/2023/12/03/climate-corporate-cop28/
@sarahc Thoughts:
1) We are being smashed between the hammer of the GOP and the anvil of corporations.
2) My economist colleague is a big believer in markets, but also says the thing governments are good at is forcing us to do the right thing in this sort of Prisoner's Dilemma situation. We need regulation!
3) The "former chief investment officer for sustainable investing at BlackRock" is literally named Mr. Fancy. #NominativeDeterminism
