“Our Democracy Has Been Hacked” — Al Gore On Climate Change
Al Gore is back with a sequel to An Inconvenient Truth. Ten years on, what have we learned about climate change and those who decry it as a myth?
Al Gore is back with a sequel to An Inconvenient Truth. Ten years on, what have we learned about climate change and those who decry it as a myth?
It was a victory for climate change action and support for the Paris Climate Agreement, for sure. But the G20 Communique at the end of the Hamburg summit was much more than that: A statement about sustainability, income inequality, and human rights as well.
The G20, at the moment, is very much a G19 — and it appears Donald Trump couldn’t care less.
While President Trump was blowing off the G20 session on climate change to spend more than 2 hours chilling with Vlad Putin, California Governor Jerry Brown crashed the party in Hamburg (via video) to announce that California (with an economy bigger than France, bigger than the UK) would take the lead on hosting a Global Climate Summit in San Francisco next year.
Renewable energy sources like wind and solar are already as cheap or cheaper than traditional fuels in about half of G20 countries, and are soon to be the cheapest form of electricity in every G20 country, according to a new report from Greenpeace in advance of the upcoming G20 Summit in Hamburg.
G20 countries continue to spend billions in public financing for fossil fuels, spending nearly four times as much than on clean energy, averaging more than $70 billion annually, totaling $215.3 billion in deals for oil, gas, and coal between 2013 and 2015.
Nearly 400 global investors who together manage more than $22 trillion in assets have written to G20 leaders in advance of the G20 summit, urging them to commit to the Paris Agreement and help drive its implementation.
Leaders from three of the G20’s working groups representing the business sector, civil society organizations, and think tanks, have signed a joint statement encouraging the G20 nations and leaders to support a sustainable energy transition.
The upcoming G20 (Group of 20) talks will see finance ministers from the US, China, Germany, and others scale back — and back away from — earlier commitments to “combat” climate change, going by reports.
A group of leading investors with a total of $2.8 trillion in assets under management have called on the governments of the G20 to end fossil fuel subsidies by 2020.