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hatrack

(59,585 posts)
Mon Dec 10, 2018, 08:47 AM Dec 2018

Shitstain's Advisors Arrive At COP 24 For "We Love Coal" Sideshow, And Absolutely No One Cares

EDIT

According to a statement from the US State Department, the event will "showcase ways to use fossil fuels as cleanly and efficiently as possible, as well as the use of emission-free nuclear energy". Last year's event was disrupted by singing protesters keen to point out that the pro-coal and gas lobby were not welcome at the UN event. This year's meeting has environmentalists questioning its relevance.

"The event is going to further undermine the credibility of the US as a party in these talks," said Lou Leonard with WWF. "It is going to have virtually no impact on the actual talks - it's a sideshow, it's a side event, its not something related to what the parties are negotiating right now."

The White House-endorsed event does indeed seem to be out of step with the wider conference, where green campaigners are likely be cheered by the news that 415 investors with around $32tn of assets under management are calling for greater action on climate change and an end to coal as a source of energy. Released here in Katowice, the global investor statement is said to be the largest intervention by investors on the issue of rising temperatures, and represents some of the world's biggest funds including Schroders plc, BNP Paribas Asset Management, Aberdeen Standard Investments and UBS Asset Management.

"Despite the misguided policies of the Trump administration, global efforts to address the very real threat climate risk presents to the economy, financial markets and investment returns are ongoing," said Thomas P. DiNapoli, the New York State Comptroller who oversees the New York State Common Retirement Fund, responsible for a $207bn pension fund.

EDIT

https://www.bbc.com/news/science-environment-46502210

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