I only post about climate change, so why am I posting a video of a gate?
Watch the gate carefully.
It's a perfect metaphor for how an incentive system should work. So here's how we can align incentives to reduce emissions! π§΅π
Watch the gate carefully.
It's a perfect metaphor for how an incentive system should work. So here's how we can align incentives to reduce emissions! π§΅π
Think of the gate as being the tap for greenhouse emissions.
The default position is closed. The spring on the hinge exerts a force on the gate, pushing it to shut.
We need to exert pressure on fossil fuel producers to close the taps.
Here's how we do that.
The default position is closed. The spring on the hinge exerts a force on the gate, pushing it to shut.
We need to exert pressure on fossil fuel producers to close the taps.
Here's how we do that.
Governments subsidise fossil fuels by $11 million a minute.
Removing subsidies will make fossil fuels compete with renewables, and they will lose.
At the same time as removing subsidies, we need to alleviate the hardship caused by the temporary higher fuel prices on citizens.
Removing subsidies will make fossil fuels compete with renewables, and they will lose.
At the same time as removing subsidies, we need to alleviate the hardship caused by the temporary higher fuel prices on citizens.
The IEA estimates that 95% of all new power capacity will be renewables.
Power is essential for raising living standards across the world.
If we want to increase access to power, raise living standards and retire fossil fuels, we need to supercharge investment into renewables.
Power is essential for raising living standards across the world.
If we want to increase access to power, raise living standards and retire fossil fuels, we need to supercharge investment into renewables.
Supercharging investments in renewables will reduce demand for fossil fuels, causing prices to drop, making many producers unprofitable.
Falling profits will incentivise investors to move capital out of fossil fuel companies and into renewables.
Locking the gate shut for good.
Falling profits will incentivise investors to move capital out of fossil fuel companies and into renewables.
Locking the gate shut for good.
You can help shut and lock the gate on fossil fuels by moving your pension and savings out of fossil fuel companies.
Check with your pension company where they invest your money.
If you have a company pension, ask your employer what the default investment choice is.
Check with your pension company where they invest your money.
If you have a company pension, ask your employer what the default investment choice is.
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