"The reason we’re net zero is that we have this enormous renewables business ... all the avoided emissions that come with that" compensate for emissions in other investments.
Houston, we have a problem... This from climate finance champion Carney.
1/
bloomberg.com/news/articles/…
Houston, we have a problem... This from climate finance champion Carney.
1/
bloomberg.com/news/articles/…
2. "Most large asset managers have a renewable energy fund. Simply having one does not make you net zero. ... Such commitments are not credible & represent greenwashing" @bencaldecott
3. "It’s virtually impossible for a company to be a net-zero company now" @FarsanAlexander
"It won’t matter how many solar panels one installs if we don’t reduce actual CO₂ emissions." @UlfErlandsson
"It won’t matter how many solar panels one installs if we don’t reduce actual CO₂ emissions." @UlfErlandsson
4. This is perhaps a problem with a company / individual focus for net-zero.
In the short-term, it is virtually impossible to be true net-zero. It is more important that companies have a credible pathway to true net-zero.
In the short-term, it is virtually impossible to be true net-zero. It is more important that companies have a credible pathway to true net-zero.
5. If a company or individual says to me they are net-zero I know it is complete crap. I wish our climate leaders would say the same. Demonstrate the climate challenge, not the art of the greenwash.
6. Original article by @Jess_Shankleman & @AkshatRathi, but also see @AkshatRathi's earlier article bloomberg.com/news/articles/…
HT @kmac
/end
HT @kmac
/end
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