Kate Mackenzie"The cruise industry, far less necessary to the global economy than air travel, is vulnerable to a similar change in consumer sentiment — and may not be prepared for it." Rings true, I'm not aware of any particular scrutiny or movement on this.
Leading UK environmentalist Jonathon Porritt calls his years working on green energy projects with Shell and BP a ‘painful journey’ that have led him to believe no major fossil fuel company will commit to renewables in the near future
Kate Mackenzie@SEI_Sydney@ChristopherWr11@TanyaFiedler (CSR = corporate social responsibility)
This from Jonathan Porritt is worth a read. "I so badly wanted to believe that the combination of reason, rigorous science and good people would enable elegant transition strategies to emerge in those companies."
Climate change is the highest priority ESG issue facing investors. The PRI is working to help investors protect portfolios from risks and to expose them to opportunities in the shift to a low-carbon global economy.
A survival skills teacher says that in order to survive in post climate-change apocalypse, we’ll need empathy, generosity, and courage to survive. Kindness and fairness will be more valuable than any survival skill.
Kate Mackenzie“No tragic yet convenient event will allow us to discard our complex, messy, and ever-changing social reality and live out our rugged individualistic fantasy.”
Kate MackenzieMartin Weitzman, a brilliant climate economist, passed away unexpectedly last week. Bill Nordhaus, on receiving the Nobel economics award last year, said he was very surprised that his co-recipient was not Weitzman, or Nicholas Stern [about 31:50].
Kate MackenzieRE hydrogen will be cost-competitive with coking coal by 2030, according to BNEF. "Any shift to hydrogen would pose a danger to coking coal producers and their investors. The material has few uses other than in blast furnaces."