dgoosens, to random
@dgoosens@phpc.social avatar

Today, I learned about a very interesting project put together by Data For Good and éclaircies: https://www.carbonbombs.org

It explains the concept of #carbonBombs and provides transparent data and visualization about the world's biggest #fossil fuel extraction projects, and their links with #companies and #banks !

It comes with maps, graphs and figures that highlight the 425 fossil fuel projects around the world that will generate more than 1 gigatonne of CO₂ emissions during their lifetime.

MBergmann, to random German
@MBergmann@mstdn.social avatar

Heraus zum #Klimastreik am 1.März! #WirFahrenZusammen.
Denn die #CarbonBombs ticken weiter während der Atlantik sich verlangsamt und die Polkappen immer schneller schmelzen.
In Bremen geht’s um 10 Uhr am Marktplatz los ➡️ BSAG (Neustadt) und wieder zurück!

CelloMomOnCars, to Insurance
@CelloMomOnCars@mastodon.social avatar

Insurers’ #LNG Support at Odds With Their Climate Ambition, Report Says

"The report highlights an irony in the #insurance industry: While some underwriters are pulling back from traditional coverage areas as #ClimateChange exacerbates wildfires, storms and flooding, they are also continuing to support new fossil-fuel projects expected to operate for decades."

https://www.bloomberg.com/news/articles/2024-02-21/insurers-lng-support-at-odds-with-their-climate-ambition-report-says

No, it's just business: they're losing money on home insurance but LNG insurance brings in good revenue.

CelloMomOnCars,
@CelloMomOnCars@mastodon.social avatar

" Environmentalist movement Extinction Rebellion is leading a week-long campaign in the UK targeting the global #insurance industry.

Without insurance cover, drilling for oil and gas would struggle to continue.

“However, what’s really worrying is that they are also insuring new projects that are referred to as #CarbonBombs like the East Africa Crude Oil Pipeline,” says Tooze."

https://www.euronews.com/green/2024/02/23/the-achilles-heel-of-the-fossil-fuel-industry-why-climate-activists-are-targeting-insuranc

lostsettler, to random
@lostsettler@mastodon.scot avatar

Really pleased I ditched HSBC over their failure to exit Russia. Looks like they're still totally unethical and are investing in everyone's death.

Relentless short termism - money is a Ponzi scheme: no matter how much money they accrue, it won't save them once the earth becomes uninhabitable.

#BankersAreStupid
#HSBC #CarbonBombs #BankingFail #BoycottHSBC #SwitchGuarantee

https://www.theguardian.com/environment/2023/oct/31/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022

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