Investors Against Climate Change

	<a href='http://www.truthdig.com/banners/www/delivery/ck.php?n=a9cd87eb&cb=536734715' target='_blank'><img src='http://www.truthdig.com/banners/www/delivery/avw.php?zoneid=1&cb=536734715&n=a9cd87eb' border='0' alt='' /></a>	June 18, 2013
		Text Size

Trending: chris hedges economy nsa politics robert scheer

The Terror Con

The FBI May Have Finally Found Jimmy Hoffa

Say Hello to the 'Super Rich'

The Making of a Global Security State

This Will Not End Well

REPORTS

Bank of America Lied to Homeowners and Rewarded Foreclosures, Ex-Employees Say
By Paul Kiel, ProPublica

The Making of a Global Security State
By Tom Engelhardt, TomDispatch

Climate Change Puts Lake Life at Risk
By Tim Radford, Climate News Network

The Terror Con
By Robert Scheer

Ear to the ground

U.S. and Taliban Anounce Direct Negotiations

IRS Conspiracy Theory Debunked, Rand Paul Answers Cheney Criticism, and More

Bill Ayers: Try Obama, Bush for War Crimes

Experts Don’t Buy Claim Syria Used Chemical Weapons

Brazil Erupts in Protest Over Services and Soccer Costs (Video)

New Iranian President Wants to Heal ‘Old Wound’ With U.S.

A/V Booth

GOP Congressman: Abortions Should Be Banned Because Male Fetuses Masturbate

The Campaign to Ignore Sarah Palin

Did Progress Leave Christians Behind?

Watch: Rick Perry Blunders Jab at Obama’s Benghazi Reaction

Arts & Culture

Ernest Hemingway: Dud KGB Spy?

The Joy of Singing Out of the Spotlight
By Richard Schickel

Let Nicholas Kristof Damage Your Mind

The Unwinding
By Marc Fisher

Digs

The Questions Education Reformers Aren’t Asking

Dig led by Mike Rose

Gore Vidal: His Life and Legacy

Dig led by Truthdig Staff

‘No More Mr. Nice Guy: A Novel’

By Howard Jacobson

Investors Against Climate Change

polarice.com

“Climate change has quite rightly been framed as the greatest market failure ever,” says Rob Tacon, head of the U.N. Environment Program’s Financial Initiative.

We normally think of capitalists as ravaging the Earth with profit in their eyes. While that still might be true, 181 of the world’s largest investors have issued a united call for action against climate change, most importantly a binding treaty to cut pollution and boost funding for low-carbon technologies.

ChinaView

The world’s largest investors—collectively managing over 13 trillion U.S. dollars in assets—have issued a United Nations-backed call for concrete action in the fight against climate change, UN officials said here Thursday.

The statement signed by 181 investors on Wednesday in New York called for a strong binding treaty to reduce pollution and catalyze global funding for low-carbon technologies, the officials said.

They signed the statement just less than one week before UN Secretary-General Ban Ki-moon convenes the UN Summit on Climate Change on Tuesday to generate momentum for a deal at the UN talks in Copenhagen, Denmark, where nations are expected to “seal the deal” on a new pact to curb greenhouse gas emissions.

Read more

More Below the Ad

Advertisement

TAGS: capitalism capitalists climate change environment environmentalism investors kyoto treaty united nations

Related Entries

Email to a friend

Get truth delivered to
your inbox every week.

Previous item: To Catch a Polluter

Next item: Yet Another Reason Why War in Afghanistan Is a Bad Idea

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

By hsr0601, September 20, 2009 at 7:11 am Link to this comment
(Unregistered commenter)

Nowadays, the world-wide overpopulation growing consistently is using up tremendous fossil fuel at an alarming pace as the own conventional resources in some dense countries is facing drastic dent.

For that reason, it is widely accepted that the price of fossil fuel is expected to go up and up simply, which is behind major states taking a bold and speedy action in a bid to put the global economy on a solid ground.

Relying on worthless, painful and wasteful oil wars, that is, the original source of this great recession, to waste time bickering on meaningless things and drag feet on a defining energy bill are sure to shake the embryonic effect of stimulus package that is an interim measure for build-out of a new foundation.

As with “Inaction” cost, $9trillion over the next decade in health care and social security, supposedly the same is of inaction on the most-needed energy bill.

Report this

By stcfarms, September 18, 2009 at 9:58 am Link to this comment

If the environment is to be saved it will not be the corporations, investors,
government or god that will do it. If you want something done right, do it
yourself.

Report this

By BlueEagle, September 17, 2009 at 11:58 pm Link to this comment

Don’t beleive the hype. All the elite are doing is formulating a new form of Ecocide and Genocide, namely through such govermental control measures as Cap & Trade or carring out Adgenda 21 line items.

Report this