So, Jamie Dimon the CEO of @jpmorgan thinks "it is not against #climate [change] for America to boost more oil & gas".
Which could not be more wrong!
Here's a🧵on some science he (& his colleagues in the banking sector) may want to try to pass through their cranium... 1/20
@jpmorgan Firstly, #climate action is incredibly urgent, the @IPCC_CH reports tell us we have a 'rapidly closing window to secure a livable & sustainable future for all!' 2/20
It is "Now or never" if we are to have a chance of meeting the 1.5C climate target agreed at Paris.
As Prof. Jim Skea, Co-Chair of @IPCC_CH WG3 explains, we need "deep emissions reductions across all sectors". Starting NOW! 3/20
A @UCL team showed that to reach the 1.5C carbon budget 60% of gas & oil mustn't be burnt.
What's this mean for the fossil fuel industry? Even allowing for billions of tonnes of carbon removal, we'd need to leave most of our reserves in the ground 4/20 nature.com/articles/s4158…
@RHULEarthSci This is not at all scientifically controversial.
In a report commissioned by @AlokSharma_RDG ahead of #COP26, @fbirol, Executive Director of the @IEA, said there "can be no new investment in oil, gas and coal"! 6/20
@UNEP New research by @Global_Witness & @RystadEnergy found that just 20 oil and gas companies look set to invest almost $1,000,000,000,000 (a trillion💲!) in developing NEW oil and gas over the next decade!
@jpmorgan The world renowned climate economist Lord Stern warned (over 15yrs ago!🤦♂️) that climate change was the "greatest market failure" the world has ever seen.
But banks like @jpmorgan are blindly ignoring these enormous risks (🙈🙉🙊) & continue to pour fuel on the fire! 🔥 10/20
By continuing to invest in fossil fuels the banks are inflating a financial 'carbon bubble' that threatens to tank the economy - if it doesn't pop, it tanks the planet! 11/20
So desperate have scientists become to stop these ecocidal loans, that are financing death & destruction around the planet, that they are now joining climate activists in protests against banks like @jpmorgan@Chase... 13/20
Doctors have also felt compelled to risk arrest to protect their patients by taking part in civil disobedience, so as to draw attention to @jpmorgan's immoral banking practices… 15/20
These protests are part of a much wider movement of resistance against the power of fossil capital that is rising around the globe to force banks to @StopMoneyPipe to oil & gas, in protection of life on earth 🌍
... to disruption of shareholder meetings, speaking truth to power ... 18/20
…to courageous acts of civil disobedience by people from all walks of life, who have heard and understood the scientific warnings & are trying to protect their loved ones futures 19/20
These movements will continue to grow & adopt new tactics until these banks get it through their thick skulls that it is not an investment if it is killing the planet💀!
Are you a banker reading this? What are you going to do about it?
DMs open.
/end
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We typically talk of global average temp rise - but shifts in the mean can have big impacts on the distribution of extremes as this @NASAClimate video shows.
Here's a short🧵on what this means for future extremes... 1/n
@NASAClimate As the average temperature increases we see a corresponding shift in the extremes, so that previously rare heat extremes become common.
These extremes are temperatures to which we are not well adapted and can stress our infrastructure to breaking point. 2/n
One way to class the severity of an extreme is by statistics of the probability of occurrence.
A 2 sigma event is experienced ~2% of the time (or 2% of the surface in any year) - or on average once per 50yrs.
A 3 sigma event has 0.1% chance or 1 in every thousand years! 3/n
First things first. I was asked to participate in this debate, as I'd been arrested taking part in this protest with @ScientistsX at @beisgovuk. Our demand was simple & science led, that the UK end all NEW oil and gas exploration.
The sociological imagination can help us answer "why climate change is happening, how we are being impacted, why we have failed to successfully respond so far, and how we might be able to effectively do so." says Kari Norgaard
So, @BorisJohnson has warned that unless leaders at #COP26 address the #ClimateEmergency, we risk the collapse of civilization. Is this really a possibility?
Unfortunately, yes, many leading climate scientists are indeed warning of collapse 1/n 🧵
@BorisJohnson The following quotes are from some of the world's most distinguished climate and earth-system scientists warning of the risks we now face due to decades of inaction… 2/n
@BorisJohnson “...virtually all of us are now convinced that global warming poses a clear & present danger to civilization”
Prof. Lonnie Thompson, former Director of @ByrdPolar 3/n
This🧵examines the prominence given to the climate &ecological crises in top tier research journals in the fields of management, business, finance, economics & international relations.
The conclusion is there's a staggering dearth of journal articles across all these fields 1/n
The alarming findings of earth-system sciences make plain that human activities have disrupted our environmental life-support systems to such an extent that we are now in a ‘planetary emergency’ 2/n nature.com/articles/d4158…
How well is academic research in other disciplines such as the social sciences responding to the need for knowledge on the climate emergency and the responses it demands? 3/n
A couple of weeks ago @ChathamHouse, The Royal Institute of International Affairs, published a crucial new ‘Climate change Risk Assessment’, which barely made the papers let alone the front pages.
As stated on the cover of the report we have now reached a stage in the #climatecrisis where:
“The risks are compounding, and without immediate action the impacts will be devastating” 2/n
The report highlights that failure to act means that “cascading climate impacts can be expected to cause higher mortality rates, drive political instability and greater national insecurity, and fuel regional & international conflict” 3/n