The right thing would be to stop geoengineering and pray that
it's stopped in time to stop the chain-reaction toward man
kinds destruction. Men and women scientist/geoengineers have
intruded on Nature's natural right to be left alone. The elite
can only hinder people worldwide from knowing the history that has
brought humanity to this day; a day when fear overrides the
commonsense of many ... History has long been rewritten to serve the
elite. I hope the sincerity of my heart gets through to
those in position to stop solar radiation management and all the
other geoengineering experiments that poison the very air we
need to live. Thank you for visiting ...I can only post
information .It's up to you what you choose or choose not to
believe. I can tell you this : When I first saw what geoengineering
did in the sky I had lived under for over 30 years- it shook my
whole world. And because of that day I created this site. -Jan
Tetstone (April 18, 2021 4:18am)
Bill Gates optimistic about climate policy under Biden WH
A 2x2 grid split screen showing Donald Trump and Joe Biden and
energy industry equipment.
The future of renewable energy could look very different under Biden
New York (CNN Business)America's largest bank is adding some serious
firepower to the fight against climate change and inequality.
JPMorgan Chase (JPM) announced Thursday that it aims to finance or
facilitate investments of $2.5 trillion over 10 years to support
solutions that address climate change and contribute to sustainable
development. The target includes $1 trillion for green initiatives
such as renewable energy, new clean technology, waste management and
conservation.
The announcement, believed to be the largest of its kind by a major
bank, is the latest in a string of pledges by financial institutions
to help the world pivot toward a cleaner energy future.
"This is about us not just saying the right thing, but actually
doing the right thing," Marisa Buchanan, JPMorgan's global head of
sustainability, told CNN Business.
The $2.5 trillion goal through the end of 2030 marks an acceleration
of JPMorgan's short-term target. Last February, JPMorgan committed
to deploying $200 billion in 2020 to support climate solutions and
sustainable development. The bank says it exceeded that goal,
including $55 billion in green initiatives alone.
Jamie Dimon sounds the alarm on the future of American prosperity
Jamie Dimon sounds the alarm on the future of American prosperity
"Technology has to be such a huge piece of the puzzle when it comes
to meeting the Paris climate goals. This is a big opportunity for us
as a bank," said Buchanan.
Rival Bank of America (BAC) announced last week a $1.5 trillion
sustainable finance goal, including $1 trillion alone for
climate-related investments.
The financing pledges come after JPMorgan, Bank of America, Wells
Fargo (WFC) and other big banks set goals of net zero greenhouse gas
emissions, including in the companies and projects they finance, by
2050.
The announcements underscore how much pressure banks are under to
show that they are part of the solution to the climate crisis. And
it demonstrates how Wall Street increasingly views clean energy as a
viable investment, not merely a feel-good initiative.
'Banks are still net negatives'
However, climate groups argue the steps by big banks do not go far
enough, especially given their ongoing support for fossil fuels.
Since the Paris climate agreement was reached in 2015, the world's
60 biggest banks have provided $3.8 trillion in financing to fossil
fuels, according to a report released by climate groups last month.
'Immediate and drastic.' The climate crisis is seriously
spooking economists
'Immediate and drastic.' The climate crisis is seriously spooking
economists
"Banks are still net negatives in the overall sustainable finance
horizon," said Vanessa Fajans-Turner, executive director at BankFWD,
a network that aims to persuade banks to phase out fossil fuel
financing.
For instance, JPMorgan alone financed $51.3 billion in fossil fuels
projects in 2020, according to the climate group report. That is
roughly even with the $55 billion in green initiatives the bank said
it supported last year.
"That's not a coherent sustainable finance strategy, and the bank's
clients and competitors know it," said Fajans-Turner. "We welcome
the announcements by banks to be increasingly engaged climate
actors. But banks still have a long way to go."
Dimon: We can't just walk away from fossil fuels
JPMorgan has also reportedly bankrolled projects that have been
fiercely opposed by environmentalists, including the Dakota Access
Pipeline.
"The fact is we're long past debating whether climate change is
real," JPMorgan CEO Jamie Dimon said in his annual shareholder
letter last week. "But we need to acknowledge that the solution is
not as simple as walking away from fossil fuels. We will need
resources such as oil and natural gas until commercial, affordable
and low-carbon alternatives can be developed to meet all of our
global energy needs."
https://www.cnn.com/2021/04/15/business/jpmorgan-climate-crisis-inequality/index.html
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