Climate change/ climate action

That study looked at the financial holdings of the big tech companies, Google, Apple, and so on because (a) these guys have a lot of money, and (b) they’ve all pledged to go net zero. Well, it turns out the money these tech companies have sitting in the bank is producing far more carbon than anything they’re doing with their operations, because

American industry uses less energy per dollar’s worth of stuff it produces, but it produces so much more stuff each year that our carbon emission totals keep rising.

You get more food per acre with small farms; more food per dollar with big ones.

Fighting Exxon is key, and we’ve done it with some success, but we’re well aware that Exxon is going to fight to the last breath. Their business model depends entirely on digging stuff up and setting it on fire. And so they’ll fight for the right to combust. But there’s no reason for Chase or Citi to fight to the end. They make some money off this

McKinsey estimates that getting to net zero is a more than $12 trillion (trillion!) opportunity.

The deepest problem that local-food efforts face, however, is that we’ve gotten used to paying so little for food. It may be expensive in terms of how much oil it requires, and how much greenhouse gas it pours into the atmosphere, and how much tax subsidy it receives, and how much damage it does to local communities, and how many migrant workers it

Of more than 500 global companies, 69% report higher-than-expected financial returns on climate initiatives.

When that BankFWD analysis factored in these new numbers, Google’s carbon emissions went up 111% overnight. Microsoft’s financed emissions were even higher than Google’s. And Netflix has more carbon coming from its cash than from all the servers around the world dishing out TV every night.