Sunday, January 26, 2020

Greta Thunberg tells World Leaders to End Investment in Fossil Fuels

Greta Thunberg tells World Leaders to End Fossil Fuel ‘madness’

Failure to end investment ‘would be a betrayal against life itself’, say climate activists

Damian Carrington, Environment editor | Fri 10 Jan 2020  | The Guardian

Greta Thunberg and fellow youth climate campaigners are demanding that global leaders immediately end the “madness” of huge ongoing investments in fossil fuel exploration and enormous subsidies for coal, oil and gas use.

The 21 young activists are also calling on the political and business leaders who will be attending the World Economic Forum in Davos to ensure investment funds dump their holdings in fossil fuel companies.

“Anything less would be a betrayal against life itself,” said Thunberg and colleagues in an article in the Guardian. “Today’s business as usual is turning into a crime against humanity. We demand that you play your part in putting an end to this madness.”

The burning of fossil fuels is the biggest driver of the climate emergency. Scientists predict catastrophic impacts unless deep cuts in emissions are made rapidly, but global emissions are still rising.

“Young people are being let down by older generations and those in power,” the climate strikers said. “To some it may seem like we are asking for a lot. But this is just the very minimum effort needed to start the rapid sustainable transition.”

Much of the world’s existing coal, oil and gas reserves must be kept in the ground to avoid the worst impacts of global heating. But investment in fossil fuel exploration and extraction remains high.

Read more at The Guardian


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