Thread by @Karmageddon67

The IMF says we can increase economic growth over the next 15 years and decrease emissions to net zero by 2050

Hey ⁦@GrogsGamut⁩ I don’t think I’d be relying on IMF for advice on climate change. They’ve financed a vast array of ecocidal projects. theguardian.com/business/comme…

The World Bank & IMF have been involved in literally dozens of ecocidal projects with disastrous outcomes, in the name of economic growth. These have caused massive loss of C sink forests & have contributed to climate change. Eg $600m loan for Indonesia’s transmigration.

About Transmigrasi see the details here. It was known to have severe ecological impacts at the time but of course World Bank financed it in the name of ‘growth’. Now we’re all paying the price. @dynamat

timorarchive.ca/uploads/r/null…

'Green Economic Growth' Is a Myth

There are 'no realistic scenarios' to make the economic growth demanded by capitalism compatible with a safe climate, researchers who advised the United Nations found.

@GrogsGamut Economic growth is unsustainable.

vice.com/amp/en/article…

“the IMF's loans & policies with their foci on export-oriented growth caused deforestation in member countries like Indonesia”
We find that deforestation increases when governments participate in IMF programs, even after controlling for nonrandom selection
researchgate.net/publication/28…

There are now literally dozens of papers & publications pointing to the fallacy of green growth. Why do you follow what the IMF says on this, which is contrary to what many experts are now saying, and which simply does not stack up with observations.

boell.de/sites/default/…

And we also know that continued deforestation, which is what IMF policies & lending have contributed significantly towards, is enough to cause runaway climate change & end of civilisation WITHOUT emissions from fossil fuels.

amp.theguardian.com/environment/20…

This is the result of Transmigrasi

“But flying well below the radar in all of this is Indonesia, currently the world’s fifth biggest emitter of greenhouse gases, which come mainly from land use, land use change, and forestry.” Land use change = ecocide.

google.com.au/amp/s/www.vox.…

Biofuels has been dressed up now as #BECCS

Palm Oil Was Supposed to Help Save the Planet. Instead It Unleashed a Catastrophe.

A decade ago, the U.S. mandated the use of vegetable oil in biofuels, leading to industrial-scale deforestation — and a huge spike in carbon emissions.

“In the mid-2000s, Western nations, led by the United States, began drafting environmental laws that encouraged the use of vegetable oil in fuels — an ambitious move to reduce carbon dioxide and curb global warming.”

We never learn.

google.com.au/amp/s/www.nyti…

Fires from land and forest fires across Indonesia this year have pumped at least 708 million tons of greenhouse gases into the atmosphere — almost double the emissions from the fires that swept through the Brazilian Amazon this year.

google.com.au/amp/s/news.mon…