Manila Electric Co and San Miguel Corp lead the country’s energy giants in increasing their coal portfolios, locking in consumers to rely on the fossil fuel over the next few decades, a Greenpeace report has revealed.
Sally Jewell –
Although most countries have acknowledged the threat posed by climate change and established targets for reducing greenhouse-gas emissions, the international community still has not made the same level of commitment to environmental conservation. Yet it is our natural ecosystems that will save us from catastrophe—if we let them.
Werner Hoyer –
In addition to visionary leadership and a mobilisation of businesses, citizens, and civil-society groups, confronting climate change will require massive investments. We cannot count on governments alone to put up the money; rather, we must use public finance to leverage the power of private capital.
Angela Valenzuela and Luisa Naubauer Greta Thunberg –
After more than a year of grim scientific projections and growing activism, world leaders and the public alike are increasingly recognising the severity and urgency of the climate crisis. And yet nothing has been done.
International oil companies have been the main target of the global divestment movement. National oil companies on the other hand, are often spared, even though they have a higher carbon footprint on average.
The only realistic solution to the climate crisis is to replace fossil-fuel-based energy with renewables quickly and cost-effectively enough to keep the engines of economic growth running. A global carbon market would do just that.
Zafirah Zein –
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.