[✔️] Jan 23, 2024 Global Warming News | Wallace-Wells, Exxon stockholders, ClimateGPT, Major hardships, 2007 GW Bush
Richard Pauli
Richard at CredoandScreed.com
Tue Jan 23 09:34:01 EST 2024
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/*January*//*23, 2024*/
/[ Wallace-Wells interview, "we are NOT YET sufficiently alarmed by
climate change" ]/
*Here's What You Need To Know About Climate Change (with David
Wallace-Wells) | TNL Sunday*
The Bulwark
Jan 21, 2024
In a special climate episode of TNL Sunday, David Wallace-Wells, author
of The Uninhabitable Earth: Life After Warming, joins Tim to discuss the
current state of climate change and efforts to reverse the damage that's
been done.
0:00 - Intro
1:18 - How David Wallace-Wells Became Climate Change Journalist
4:17 - How Alarmed Should we be about Climate Change
7:19 - Biggest Attributors to Slowing Global Warming
11:23 - What Will Daily Life Look Like as Climate Change Deniers
Become Less Prominent
19:28 - Why People Aren’t Migrating Away from Extreme Weather
26:55 - What Will Be The Turning Point Climate Event
33:21 - Conspiracies of Climate Change Skeptics
35:51 - Innovations versus Degrowth and Caps
46:46 - Younger Generation’s Fear of the Future Because of Climate
Change
51:34 - Most Encouraging Aspects of Inflation Reduction Act
🚨 Want to listen without ads? Join Bulwark+ for an exclusive ad-free
version of The Bulwark Podcast. For a limited time, we're offering 30
days completely free: https://thebulwark.com/freetrial
https://www.youtube.com/watch?v=EnVSgVcoVv8
/[ Stockholder anger ]/
*Exxon throws a fit over shareholders exercising their rights*
Tim De Chant at tdechant
January 22, 2024
It's a dirty little secret in business that everybody has a boss, even
the bosses. Top executives report to the CEO, the CEO answers to the
board, and the board serves at the whim of the shareholders.
Exxon’s management has now decided that it doesn’t like what its bosses
have to say.
On Sunday evening, the oil supermajor filed a lawsuit in federal court
asking for permission to ignore a shareholder resolution at its next
annual meeting. The resolution was proposed by Arjuna Capital and Follow
This, two activist investors that are seeking to compel Exxon to rein in
its vast carbon emissions.
Hang on a minute, aren’t shareholders supposed to be sacrosanct? Isn’t
the whole point of a corporation to please its shareholders? That’s what
Milton Friedman said when he argued in favor of shareholder primacy back
in 1970:
In a free‐enterprise, private‐property system, a corporate executive
is an employee of the owners of the business. He has direct
responsibility to his employers. That responsibility is to conduct
the business in accordance with their desires, which generally will
be to make as much money as possible while conforming to the basic
rules of the society, both those embodied in law and those embodied
in ethical custom. (Emphases added.)
The new shareholder resolution calls on the oil company to reduce its
Scope 3 emissions or those that result from the use of its products. In
Exxon’s case, that’s mostly the burning of fossil fuels.
The problem Exxon faces is that the “basic rules of society,”
specifically “those embedded in ethical custom,” are changing, and the
company now finds itself on the wrong side of them. Two-thirds of
Americans say we should prioritize alternative energy over fossil fuels,
and 69% say the U.S. should move toward net-zero emissions by 2050,
according to the Pew Research Center. Internationally, most people want
their governments to do something about climate change.
Exxon would normally take its grievances to the SEC, filing a request
with the regulator to omit the proposal from this year’s proxy
statement. But under the Biden administration, the SEC has been siding
more frequently with shareholders. After all, who’s the boss?
Years ago, the only shareholders who were a thorn in managements’ sides
were activist investors who would amass substantial positions in a bid
to gain board seats and steer company strategy. Other shareholders
tended to be deferential to management, letting them run their business
as they saw fit...
https://techcrunch.com/2024/01/22/exxon-sues-activist-investors/
/[ Artificial Intelligence on climate ask ClimateGPT ]/
*ClimateGPT*
Alien from a planet that has stopped global warming, here to share
unique insights in climate change and climate tech.
By LEE CHERN WEI
Sign up for ChatGPT Plus to chat with ClimateGPT
https://chat.openai.com/g/g-mALBt24dr-climategpt
/ [ looking ahead ]/*
**Many Folk Expect Major Hardships Like Losing Their Homes as Climate
Change Worsens. What do we do?
*Paul Beckwith
Jan 21, 2024
An IPSO poll conducted last year just before COP28 surveyed people about
how they personally expected to be affected by ongoing climate change.
The results are fascinating. Many people expect climate destruction to
affect them in the near term (less than 10 years). People get it more
than any governments and policymakers.
Here are the links that I chat about in this video:
1) “Two Billion People Are Prepared to Lose Their Homes”:
https://www.newsweek.com/two-billion-people-prepared-lose-their-homes-climate-change-1847694
2) IPSO poll results article: “Seven in ten people anticipate
climate change will have a “severe effect” in their area within the
next ten years”:
https://www.ipsos.com/en-ca/seven-in-ten-people-anticipate-climate-change-will-have-severe-effect-their-area-within-next-ten-years
3) Cognitive Dissonance: “Climate Change is Happening. Why do so
many of us still act like it’s not?”:
https://www.fastcompany.com/90987246/...
4) How to Prepare to Lose Your Home in a Climate Disaster:
https://medium.com/@climatesurvivor/preparing-for-a-climate-disaster-9701e3c644a4
One thing is for sure: we are living in a new world, soon to be
unrecognizable compared to the old world. You can grab the popcorn and
buckle your seatbelts, but expect that one day you will not be the
bystander. You will be the one affected.
https://www.youtube.com/watch?v=7UzaHBmRWBw
/[The news archive - ]/
/*January 23, 2007 */
January 23, 2007:
• After six years, President George W. Bush finally addresses global
climate change in his State of the Union address.
https://www.youtube.com/watch?v=zqoM1AgE9ig
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