this post was submitted on 27 Aug 2023
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Climate - truthful information about climate, related activism and politics.

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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

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A lot of big polluters are publicly traded companies. Owning shares of US public companies means you can go to shareholder meetings, vote, and other rights.

What do all think of a non profit that runs and is funded with an endowment composed of big polluters like oil companies and using the dividends to fund climate initiatives? In the mean time, using the seat at the table to influence other shareholders to reduce emissions, which is in their long term interest anyways.

If the endowment dries up, mission accomplished. If it grows, more money to act with.

What do all think?

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[โ€“] neanderthal@lemmy.world -1 points 1 year ago (1 children)

They will kill to protect their money.

Good point. So in order to go the shareholder route, it would require finding them a way to bring in more profits than fossil fuels.

[โ€“] Excrubulent@slrpnk.net 4 points 1 year ago

The problem is that they've already thought of that, and they diversify their portfolios. You would be just another company vying for their investments.

Whilst you're working on your alternative, as long as fossil fuels have anything left to offer them, they will keep burning them until there is nothing left. They won't just throw away their existing investments. Your alternative will not exhaust their money, no matter how good it is. If your alternative did exhaust their ability to invest, they wouldn't invest. The risk would be too high, and capitalists are extremely risk averse.

The other problem with this is, no matter what solution you come up with, if it's in the hands of capital then it will be optimised for financial return over everything else. That means everything else is sacrificed as an externality, including the climate. They won't just give you money and let you sacrifice their profits for the environment, they will demand you make the greediest decisions possible and ignore all other considerations until whatever you've developed is as bad for humanity as fossil fuels.

If you won't do that, they'll remove you from the equation, probably by just stealing your work and getting someone less scrupulous to do it in your stead. Property means nothing in reality, it is only a convenient fiction that serves the interests of the powerful, and they don't respect it when it gets in their way.

The reality is that every measure that has been successful in curbing their power has been direct action by organised groups of people. We have things like the weekend, child labour laws, health & safety regulations, and so many more things not because people worked within the system, but because they refused to be governed by it. People went on strike, demonstrated, sabotaged critical infrastructure - like pipelines - and sometimes waged actual wars, just to displace the power of capital & the state.

Any law we have that protects us was given as a concession in response to these actions, and every one of those laws can stop protecting us the moment our rulers decide they don't need to do it anymore.

However, people are building a better world now, in the shell of the old and dying world, but one of the things you need to do to be part of that is to stop waiting for permission. Capitalists won't give it to you, because on some deep systemic level they know that that better world has no place for their way of life.