Thread by @climatelegacyca

"As pressure to clean up #corporate environmental performance mounts and companies increasingly look to shed dirty assets, how do we ensure we’re not just rearranging deck chairs on the Titanic?"

corporateknights.com/responsible-in…

"We need an equitable wind-down of fossil fuels and the funding that supports it."

"According to 2 recent reports from @GoldmanSachs, the cost of developing #FossilFuels has surpassed the cost of #renewable energy projects. '(...) This year will mark the first time in history that renewable power will be the largest area of #EnergyInvestment,'"

"These developments are critical. But even in the face of these tectonic shifts, #national governments still plan to produce twice the fossil fuels than what is in keeping with limiting average warming to 1.5°C above pre-industrial levels, according to the @UNEP."