The @IPCC_CH report states clearly that we have a "brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all"
3/n
The co-chair of @IPCC_CH WG3 Prof. Jim Skea concluded that "It is now or never" and that we need "deep emissions reductions across all sectors" if we are to meet our climate targets and avoid catastrophic impacts
@Barclays Since 2015 (when the Paris climate agreement was signed) & up to the end of 2021, @Barclays has financed around US 💲167 billion💵in fossil fuels!!!
Making it the bank the BIGGEST financier of fossil fuels in Europe and the 7⃣th largest in the world!
Barclays talk of needing to take "a considered & pragmatic approach to near-term energy requirements" - but there's nothing 'pragmatic' about fueling climate catastrophe!
Banks have also fought against climate regulation.
The anti-corruption watchdog @InfluenceMap found @Barclays are a member of "financial industry associations that have lobbied to weaken key sustainable finance policies"
"We need to hold fossil fuel companies & their enablers to account. That includes the banks, private equity, asset managers and other financial institutions that continue to invest & underwrite carbon pollution"
We must wake up every morning with it foremost in our minds that we are being governed by dangerous extremists whose actions are eroding the basis of our future survival!
Morality demands we oppose the death project of fossil capital!
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So hold the Barclays Seven in your hearts tonight💚 and give thanks to:
‼️Breaking news
Scientists occupy the lobby of the Prudential Regulation Authority, responsible for the regulation of around 1,330 banks, building societies, credit unions, insurers & major investment firms
The insurance industry must stop propping up fossil fuel investments
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2. THE REGULATOR'S DUTY IS TO PROTECT THE ECONOMY
As a matter of financial duty, expected credit loss ('ECL') from climate breakdown should be front and centre for the Prudential Regulation Authority (PRA). They
3. If the PRA has a duty to protect the economy, why does it continue to allow insurers and reinsurers to drive climate breakdown?
Scope 3/category 15 emissions, due to investment activities, aren't even mentioned in their own Climate-related Financial Risk Disclosure.
Today scientists came back to parliament to talk to their MPs about New Oil&Gas.
Let’s start with a clear statement:
No one is asking that the current supplies of Oil&Gas are turned off overnight.
Not JSO, not the International Energy Agency, no Scientist, not the UN. No one!🧵
Let’s be clear, from the exchange we had so far with our MPs, it is clear that there is sometimes a knowledge gap (regardless of the party) on what New Oil&Gas licences really mean.
So starting where we are heading…
/2 tinyurl.com/3t95afzk
New Oil&Gas does not help the transition towards green energy
Extracting just the fossil fuels from EXISTING sites globally would result in 140% more carbon pollution than the allowed budget for 1.5°C
Adding planned NEW extractions will be 190% over
/3 tinyurl.com/47vvyj39
Nature is in crisis, nationally & internationally. @ScientistsX took to the streets to share some hard, scientific facts about the state of biodiversity decline & loss, and the failure of governments, including @DefraGovUK & the UK government, to address this. #TheBigOne
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A global, intergovernmental assessment of biodiversity and ecosystems concludes that up to 1 million animal & plant species are now threatened with extinction, many within decades. @IPBES (2019) ipbes.net/news/Media-Rel…
Recent rates of extinction of plants and animals are running hundreds to thousands of times faster than in pre-human times and are growing. The Royal Society @royalsociety (2021) royalsociety.org/topics-policy/…
1/ To commemorate the life & work of Prof. Will Steffen (1947-2023), we have compiled a thread of clips with some of his key insights.
He was a pioneering Earth-system scientist, science communicator & powerful advocate for climate action with a vital message for the world... 🧵
2/ Prof. Steffen was one of the originators of the planetary boundary framework which provided a science-based analysis of the risk that human perturbations will destabilize the Earth system at the planetary scale🌍🚨
3/ "As the science improves the future looks much riskier at lower temperature increases, and this is really solid scientific evidence for the fact that we are actually in a #ClimateEmergency"
Four members of Scientists for Extinction Rebellion vindicated by Crown Court following appeal.🧵
2/ The defendants were part of a group of scientists who took part in an act of nonviolent civil disobedience at the Department for Business, Energy & Industrial Strategy to highlight the danger posed by new oil & gas exploration
3/ The outcome of this appeal highlights once again the inconsistencies of the legal system. The five other scientists who took part in the same action at BEIS were separately tried in October, and were found to have no case to answer.