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<font size="+2"><i><b>December 10, 2021</b></i></font><br>
<i></i><br>
<i>[ Bill McKibben comments on COP26 ]</i><br>
<b>Banksliding and CalPERSiflage</b><br>
Adventures in High-End Greenwashing<br>
Bill McKibben<br>
A long time ago, in a mythical realm called Glasgow COP 26, the
world’s banks and assorted financiers piously assured us all that
they were deeply serious about solving the climate crisis—many of
them had even worked out an acronym, GFANZ, or Global Finance
Alliance for Net Zero, to serve as the vessel for their concern.<br>
<br>
Now they’ve left behind that fantastical kingdom, however, and
Gulfstreamed back to the mundane world where avarice rules. And so
they’ve begun to, as it were, bankslide. A few developments:<br>
<br>
Global banks have turned on the money spigot for big oil. GFANZ
stalwart Chase Bank “has underwritten some $2.5 billion in bond
deals for companies like Gazprom PJSC and Continental Resources
Inc., equivalent to the same period in previous years,” while Wells
Fargo has managed to double the amount of cash it’s handing over to
the climate-wreckers.<br>
<br>
Blackrock, world’s largest pile of cash, has decided to lead a group
that will invest $15.5 billion in Saudi Arabia’s natural-gas
pipelines as the kingdom, in Bloomberg’s words, “opens up more to
foreign companies and looks to fund a huge increase in fossil-fuel
production.”<br>
<br>
And to make their greenwashing job a little easier, Exxon released
another cloud of smoke, promising to reduce emissions 20 % by 2030.
No, wait, they promised to reduce “Scope 1 and Scope 2 emissions” by
20% by 2030, which is to say the emissions from their, operations,
not their, you know, product. Look for a lot of electric Ford F-150
pickups prowling the Permian.<br>
<br>
It’s very clear that these guys have not committed to the public
good—that so far their words are worthless. All of which means,
basically, that civil society has no option but push harder—much
harder—on the financial system.<br>
<br>
And the perfect place to begin would be California, where a new
report from Stand.earth makes clear that the public employee pension
fund—CalPERS—and the teachers pension fund—CalSTRS—are the two
biggest pension funds in the country, and among the biggest
investors in the fossil fuel industry. Other big players: the
Chicago teachers pension fund, Massachusetts public employees, and
New York teachers; taken together, pension funds like these have
about $81 billion invested in wrecking the planet. California
teachers cannot seriously want their money fueling forest fires—and
indeed county by county educators are standing up to the grandees
that manage their retirement accounts. But they need to prevail
soon, because climate change is happening now.<br>
<br>
And it can happen. Inspired campaigns have freed pensioners from
this moral burden (and financial drag) in New York City, Maine,
Boston, San Diego, Quebec, Holland—on and on. Divestment has been
the most widespread, and among the most effective, manifestations of
the public demand for climate action, and it can keep spreading.<br>
<br>
We just need to cut through the tangle of duplicitous verbiage that
has become the weapon of choice for the fossil fuel industry and the
financiers that orbit them. Yes to plain-speaking.<br>
<a class="moz-txt-link-freetext"
href="https://billmckibben.substack.com/p/banksliding-and-calpersiflage?r=10305&utm_campaign=post&utm_medium=email">https://billmckibben.substack.com/p/banksliding-and-calpersiflage?r=10305&utm_campaign=post&utm_medium=email</a><br>
<br>
<p><br>
</p>
<i>[ Los Angeles is pretty seriuos about climate change - items
from a weekly newsletter ] </i><br>
<b>Newsletter: Climate change is transforming how Angelenos live,
breathe and escape the heat</b><br>
BY SAMMY ROTH - -STAFF WRITER <br>
DEC. 9, 2021 <br>
This is the Dec. 9, 2021, edition of Boiling Point, a weekly
newsletter about climate change and the environment in California
and the American West. Sign up here to get it in your inbox.<br>
<br>
If you’re looking for evidence that the climate crisis is taking a
toll, look no further than a new survey of Angelenos.<br>
<br>
Fifty-one percent of Los Angeles County residents avoided going
outside at some point between summer 2020 and summer 2021 because of
concerns about breathing wildfire smoke, the University of Southern
California survey found. More than one-quarter of Angelenos said
they had suffered psychological distress due to a disaster such as a
fire, flood or extreme heat during that time.<br>
<br>
Heat storms in particular are taking a toll on quality of life.
Fifty-four percent of local residents said they had gone to a mall,
library, community center or other cool location for the sole
purpose of getting out of the heat — a startling number, at least to
me.<br>
<br>
Rising temperatures don’t affect everyone equally. The survey found
that 27% of Black Angelenos work outdoors with no cover, much more
than any other racial group. And whereas 62% of white survey
respondents said their neighborhoods have enough trees to provide
adequate shade for walking on a hot, sunny day, only 51% of Latino,
Asian and Black residents said the same.<br>
<br>
Overall, more than three-quarters of respondents said climate change
is a threat to the well-being of Angelenos.<br>
<br>
It’s not hard to see what’s giving people that idea. Los Angeles
County recorded a record-high 121-degree temperature during an
excruciating heat wave in summer 2020, following a decade in which
heat killed an estimated 3,900 Californians, with the death count
rising over time, according to an L.A. Times investigation. Southern
California officials have issued air quality advisories due to
wildfire smoke on 17 days so far this year — and 55 days last year,
when the Bobcat fire raged in the San Gabriel Mountains.<br>
<br>
Kelly Sanders, an energy and climate expert at USC who was not
involved with the survey, told me it’s more than wildfires to blame
for filling the air with smoke and keeping people indoors.
California is in drought — and lack of rainfall not only primes the
landscape for fire but also allows lung-damaging particles to linger
in the air longer. High temperatures, too, can exacerbate smog.<br>
<br>
All those forces — heat, drought, wildfires, air pollution — are
made worse by the burning of fossil fuels.<br>
<br>
Sanders pointed to the growing number of Californians who have
experienced ash falling out of the sky.<br>
<br>
“It’s not just a one-off — it’s happening every year, multiple times
a year at this point,” she said. “We always talk about these
apocalyptic events in the future, but ash falling out of the sky —
it doesn’t get more apocalyptic than that.”<br>
- -<br>
The USC survey offers reasons for hope, too. I was encouraged that
40% of Angelenos say their next car is likely to be electric. (I
wasn’t one of the 1,244 people to take the survey, but I would have
said the same.) Large majorities of Angelenos also try to limit
their electricity and water use, the amount of time they spend
driving and how much meat they eat — all good for the climate.<br>
<br>
Interestingly, older people were more likely to say their individual
actions can make a difference in tackling global warming — a sign
that younger generations, such as my own, are fed up with decades of
inaction by corporations and government and are sick of being told
their lifestyles are to blame. Fifty-seven percent of survey
respondents ages 18 to 39 said their actions can make a difference,
compared with 75% of respondents in their 40s, 71% in their 50s and
65% age 60 and older.<br>
<br>
Younger people “have a different idea about who are the humans that
are causing climate change,” said Kyla Thomas, director of the
LABarometer survey at the USC Dornsife Center for Economic and
Social Research, which conducted the polling.<br>
<br>
One other key finding: Just 17% of Angelenos said local government
is doing enough to fight climate change.<br>
<br>
To be fair, I don’t know of any local government that’s truly doing
enough, given the science showing that global emissions need to be
cut roughly in half in less than a decade. But it’s not hard to
point to places where Los Angeles is falling short. Just to offer
one example from my previous reporting, the city still doesn’t have
a plan for reducing planet-warming emissions from residential gas
heating and gas stoves, despite Mayor Eric Garcetti setting targets
for net-zero-carbon buildings way back in April 2019.<br>
<br>
Garcetti did join with three City Council members this week to
introduce a motion instructing L.A.'s climate emergency office to
develop recommendations for slashing emissions from gas appliances
in homes, with a focus on affordability. Environmental justice
activists have raised concerns that requiring electric heating and
cooking could raise energy and housing costs.<br>
<br>
The new initiative “will ensure that the people who are most
impacted by climate change and housing insecurity are the ones
leading the conversation, and that the solutions proposed lead to
strong labor, housing, and health protections,” said Martha Dina
Argüello, executive director of Physicians for Social
Responsibility-Los Angeles, in a written statement...<br>
- -<br>
Shifting from gas cooking to induction stoves will be especially
important as wildfire smoke and higher temperatures force people to
spend even more time sheltered at home with the windows closed,
Sanders said. That’s because cooking with gas can lead to high
levels of indoor air pollution. And gas stoves aren’t the only
problem — the air outside has a big effect on the air inside.<br>
<br>
“We need to focus more on improving our homes and buildings to
promote safe indoor air quality, as well as access to adequate air
conditioning. People are spending a lot more time at home,” Sanders
said. “Communities living closer to pollution sources like highways,
wildfires, industrial centers, the ports — they’re really
disproportionately impacted by this poor air quality.”<br>
- -<br>
They’ve really got me thinking about how many politicians still talk
about climate change as a problem to be solved for the sake of
future generations, as opposed to a disaster that is here now and
making the planet progressively less livable for current
generations. President Biden, for instance, recently pitched his
“Build Back Better” legislation by describing the fight against
global warming as an “obligation to our children and to our
grandchildren.”<br>
<br>
That attitude is admirable but behind the times. We live in a world
where large and growing numbers of people are staying indoors to
protect their lungs from wildfire smoke, going to the mall to stay
cool and feeling anxiety from climate calamity.<br>
<br>
If the survey says anything, it says people want action, and they
want it now.<br>
<br>
Here’s what else is happening around the West:<br>
TOP STORIES<br>
California’s biggest source of water supply — the Sierra Nevada
snowpack — could be close to zero for five straight years as soon as
the 2040s, new research finds. Here’s the story by my colleague
Hayley Smith, which speaks to the critical importance of using water
more carefully. And as scary as conditions might get in a few
decades, they’re already bad now. Just 6% of the contiguous U.S. was
covered in snow as of Friday, the lowest coverage since researchers
started tracking that figure, according to AccuWeather’s Mark Puleo.
There’s so little powder in the Rocky Mountains that one Colorado
ski town is holding a four-day “snow dance” to ask Ullr, the Norse
God of Snow, to please help them out, the Associated Press’ Thomas
Peipert and Brittany Peterson report.<br>
<br>
President Biden’s “Build Back Better” bill includes the largest-ever
federal investment in U.S. forests — $27 billion overall, with $14
billion for fuels reduction to limit wildfire severity. This would
mark a sea change from the current approach of throwing tons of
money at firefighting and neglecting prevention, The Times’ Jennifer
Haberkorn reports. Here in California, meanwhile, Pacific Gas &
Electric has agreed to pay $125 million for sparking the Kincade
fire, Gregory Yee reports. And in fire news of a different kind,
local officials say the awful smell in the city of Carson was caused
by a warehouse fire ignited by illegally stored flammable materials,
including hand sanitizer and antibacterial wipes, Hailey
Branson-Potts and Andrew J. Campa report.<br>
<br>
As part of a settlement agreement with environmental groups, a
massive home development at Tejon Ranch in northern L.A. County
won’t have natural gas hookups. Instead, homes will be built with
electric heat pumps and induction stoves; details here from my
colleague Louis Sahagún. At the same time, many Tejon Ranch
residents will probably drive several hours each day commuting to
and from Los Angeles, spewing carbon into the atmosphere. State
lawmakers have tried to reduce emissions (and make housing more
affordable) by promoting density, but some cities are racing to
restrict new housing ahead of a law that would require them to allow
duplexes and fourplexes in single-family neighborhoods, The Times’
Liam Dillon reports. L.A.'s City Council overwhelmingly opposed that
law, despite new polling from The Times showing a strong majority of
voters support the idea.<br>
<br>
DROUGHT CENTRAL<br>
It looks like California will again mandate water-saving measures
such as not watering lawns after it rains, with $500 fines for
noncompliance. In the meantime, conservation is ticking up —
Californians cut their water use by 13.2% in October, up from 3.9%
in September, Hayley Smith reports for The Times. Out in the desert,
Cadiz Inc. has pitched its plan to pump groundwater and ship it to
coastal cities as a drought solution — but the Biden administration
isn’t buying it. Officials are trying to reverse a Trump
administration decision clearing the way for the Cadiz pipeline,
which has long been opposed by critics as an environmentally
damaging water grab, my colleagues Alex Wigglesworth and Ian James
report. Columnist Michael Hiltzik was pleased by the federal
government’s change of course, writing of the Cadiz project, “It’s
time to bury it in the desert grave where it belongs.”...<br>
- -<br>
THE ENERGY TRANSITION<br>
Southern California Edison is tearing down the San Onofre nuclear
plant, in a process expected to take eight years and cost $4.5
billion. The San Diego Union-Tribune’s Rob Nikolewski has a detailed
explainer on the teardown, with critics questioning whether Edison
will manage it safely. In other nuclear news, the Biden
administration is looking for communities that might want to store
the nation’s spent nuclear fuel. And President Biden’s energy
secretary said she might talk with California officials about
extending the life of the state’s last nuke, Diablo Canyon, Reuters’
Timothy Gardner reports. Supporters of keeping the plant open past
2025 held a rally last weekend, Rachel Showalter reports for KCBX;
see also my deep dive on Diablo from earlier this year.<br>
<br>
The Interior Department has issued more onshore oil and gas drilling
permits per month under President Biden than it did during any of
President Trump’s first three years in office. Here’s the story from
the Washington Post’s Maxine Joselow. You may recall that last week
in this newsletter I wrote about the Biden administration’s slow
pace of approving solar and wind farms on public lands, which makes
for an interesting contrast. And although the timing is probably a
coincidence, the day after that newsletter was published the federal
Bureau of Land Management announced it’s planning to lower the fees
paid by solar and wind farms...<br>
- -<br>
Hollywood helped make Los Angeles what it is today — and so did oil.
“Oil, motion pictures and real estate were like the trifecta of
forces that were attracting migrants to come west to L.A. Oil was
kind of right up there with the glamor of Hollywood,” one expert
told my colleague Rachel Schnalzer, in the latest entry in our
series answering reader questions about local business. While oil
brought wealth and jobs for some, there were also safety hazards for
workers, many of whom died falling into oil tanks.<br>
<a class="moz-txt-link-freetext"
href="https://www.latimes.com/environment/newsletter/2021-12-09/climate-change-is-transforming-how-angelenos-live-breathe-and-escape-the-heat-boiling-point?utm_id=44241&sfmc_id=948181">https://www.latimes.com/environment/newsletter/2021-12-09/climate-change-is-transforming-how-angelenos-live-breathe-and-escape-the-heat-boiling-point?utm_id=44241&sfmc_id=948181</a><br>
<br>
<p><br>
</p>
<br>
<i>[ podcast -- <b>throughline</b> - modern culture tries to
connect with the Hyperobject sounds of Radiohead ] </i><br>
DECEMBER 9, 2021<br>
<b>History Is Over</b><br>
As the end of the 20th century approached, Radiohead took to the
recording studio to capture the sound of a society that felt like it
was fraying at the edges. Many people had high hopes for the new
millennium, but for others a low hum of anxiety lurked just beneath
the surface as the world changed rapidly and fears of a Y2K meltdown
loomed.<br>
<a class="moz-txt-link-freetext"
href="https://www.npr.org/podcasts/510333/throughline">https://www.npr.org/podcasts/510333/throughline</a><br>
<p>- -</p>
<i>[ important to know the concept of the Hyperobject ]</i><br>
<b>Climate Change is Too Big for our Brains feat. Mike Rugnetta |
Hot Mess</b><br>
What can a bunch of circles and squares from a 19th century novella
tell us about Climate Change? Its metaphor time!<br>
<a class="moz-txt-link-freetext"
href="https://www.youtube.com/watch?v=9Pqp_8XLC6c">https://www.youtube.com/watch?v=9Pqp_8XLC6c</a><br>
<b>Why is it so hard to fully address climate change? It’s a
hyperobject.</b><br>
Climate change despite being so definitely caused by humans is so
profoundly non-human; so expansive that our understanding is
continually outpaced by its total seepage into our environment.
Climate change is both a thing and much much more sign that a mere
thing could ever be.”<br>
<a class="moz-txt-link-freetext"
href="https://www.pbs.org/wnet/peril-and-promise/video/climate-change-impact-hyperobject/">https://www.pbs.org/wnet/peril-and-promise/video/climate-change-impact-hyperobject/</a>
<p>- -</p>
[ a few movie reviews...]<br>
<p><b>Is 'Don't Look Up' a Movie That's Impossible to Review?</b><br>
In Adam McKay's new satire the world is doomed and the jokes are
flat, but maybe that's the point<br>
By Miranda Collinge -- 8/12/2021</p>
<a class="moz-txt-link-freetext"
href="https://www.esquire.com/uk/culture/film/a38458321/is-dont-look-up-impossible-to-review/">https://www.esquire.com/uk/culture/film/a38458321/is-dont-look-up-impossible-to-review/</a><br>
<p>- -</p>
<i>[ 2 min video - you will probably see the movie, and it will
motivate discussion ]</i><br>
<b>Leonardo DiCaprio on What Lured Him to Star in Comet-Collision
Satire "Don't Look Up"</b><br>
Andrew Revkin<br>
Leonardo DiCaprio describes how filmmaker Adam McKay lured him to
star with Jennifer Lawrence in the comet catastrophe satire "Don't
Look Up."<br>
<a class="moz-txt-link-freetext" href="https://youtu.be/DrWAdZw_k_Q">https://youtu.be/DrWAdZw_k_Q</a><br>
<p> - - <br>
</p>
<i>[ 2012 video - mentions the metaphor of asteroid approaching
Earth ] </i><br>
<b>James Hansen: Why I must speak out about climate change</b><br>
Mar 7, 2012<br>
TED Talk<br>
<a class="moz-txt-link-freetext" href="http://www.ted.com">http://www.ted.com</a>
Top climate scientist James Hansen tells the story of his
involvement in the science of and debate over global climate change.
In doing so he outlines the overwhelming evidence that change is
happening and why that makes him deeply worried about the future.<br>
<a class="moz-txt-link-freetext"
href="https://www.youtube.com/watch?v=fWInyaMWBY8">https://www.youtube.com/watch?v=fWInyaMWBY8</a><br>
<p>- -<br>
</p>
<i>[ NYTimes article from 1981 ]</i><br>
<b>STUDY FINDS WARMING TREND THAT COULD RAISE SEA LEVELS</b><i><br>
</i> By Walter Sullivan<br>
Aug. 22, 1981<br>
A team of Federal scientists says it has detected an overall warming
trend in the earth's atmosphere extending back to the year 1880.
They regard this as evidence of the validity of the ''greenhouse''
effect, in which increasing amounts of carbon dioxide cause steady
temperature increases.<br>
<br>
The seven atmospheric scientists predict a global warming of
''almost unprecedented magnitude'' in the next century. It might
even be sufficient to melt and dislodge the ice cover of West
Antarctica, they say, eventually leading to a worldwide rise of 15
to 20 feet in the sea level. In that case, they say, it would
''flood 25 percent of Louisiana and Florida, 10 percent of New
Jersey and many other lowlands throughout the world'' within a
century or less.<br>
<br>
Workings of Greenhouse<br>
<br>
The forecast, which also envisions widespread disruption of
agriculture, is the fruit of analyses and computer simulations
conducted by the Institute for Space Studies of the National
Aeronautics and Space Administration. The institute, which is in New
York City, is part of the space agency's Goddard Spaceflight Center
in Greenbelt, Md. The forecast is in an article in the Aug. 28 issue
of the journal Science.<br>
<br>
Carbon dioxide in the atmosphere, which is primarily a result of
mankind's burning of fuels, is thought to act like the glass of a
greenhouse. It absorbs heat radiation from the earth and its
atmosphere, heat that otherwise would dissipate into space. Other
factors being equal, the more carbon dioxide there is in the
atmosphere, the warmer the earth should become, according to the
theory.<br>
<br>
A century ago the amount of carbon dioxide in the air was 280 to 300
parts per million. It is now 335 to 340 parts per million and it is
expected to be at least 600 parts per million in the next century.<br>
<br>
The possibility that the greenhouse effect could alter the earth's
temperature has long been debated. Scientists have agreed that
carbon dioxide is increasing, but disagree on whether temperatures
are also increasing.<br>
<br>
The major difficulty in accepting the greenhouse theory ''has been
the absence of observed warming coincident with the historic carbon
dioxide increase,'' the scientists wrote.<br>
<br>
Researchers were further confounded by an apparent cooling trend
since 1940. As a result, many atmospheric scientists concluded that
the climatic effects of increased carbon dioxide might not become
detectable for many decades. But the Government scientists say they
see clear evidence that carbon dioxide added to the atmosphere since
the Industrial Revolution has already warmed the climate.<br>
<br>
If fuel burning increases at a slow rate with emphasis on other
energy sources, the study predicts a global temperature rise in the
next century of about 5 degrees Fahrenheit. If fuel use rises
rapidly, which some believe may occur as the developing countries
industrialize, the predicted rise is from 6 to 9 degrees.<br>
<br>
Even the more moderate rise of 5 degrees, the authors say, would
result in higher average temperatures than were reached in the
period between the last two ice ages. At that time sea levels were
30 feet higher than they are today, probably because West Antarctica
was ice free. The climate ''would approach the warmth of the
Mesozoic, the age of dinosaurs,'' the report says.<br>
<br>
The study's conclusions are likely to be challenged on two counts:
their detection of a trend of temperature increase and linking it
with a carbon dioxide increase, and their projections of the
consequences of the increase.<br>
<br>
A leading participant in past carbon dioxide studies has been Dr.
Stephen H. Schneider of the National Center for Atmospheric Research
in Boulder, Colo. Reached by telephone there, he said the
conclusions about the extent of warming and how quickly it will
occur would be reasonable if the assumptions on which they are based
prove valid, but that many can be challenged.<br>
<br>
One of these is the space agency group's contention that a cooling
trend in recent decades was caused by dust from volcanic eruptions
high in the atmosphere. If that was not the case, their model might
be seriously flawed.<br>
<br>
Other assumptions open to challenge include such uncertain factors
as population growth rates, energy-consuming trends in the
developing world, new developments in solar energy and other
alternative energy sources, trends in energy conservation and lack
of knowledge regarding the extent to which oceans might remove
carbon dioxide from the air.<br>
<br>
These uncertainties are, to a large extent, recognized in the new
report, signed by Dr. James Hansen and six colleagues at the space
studies institute.<br>
<br>
In their analysis, the scientists seek to respond to an outspoken
skeptic regarding the carbon dioxide threat, Dr. Sherwood B. Idso, a
climate specialist with the Federal Department of Agriculture in
Phoenix. Last March he circulated an analysis saying that a doubling
or tripling of atmospheric carbon dioxide would have little effect
except to increase global agricultural productivity by 20 to 50
percent.<br>
<br>
Plants grow by converting carbon dioxide and water into
carbohydrates and other compounds, aided by solar energy. One
proposed strategy to limit the growth of atmospheric carbon dioxide
would be to plant extensive forests.<br>
<br>
Dr. Hansen and his colleagues cite the observed surface temperatures
of Mars and, particularly, Venus as support for their predicted
greenhouse effect. The surface of Venus, with an atmosphere formed
largely of carbon dioxide, is at about 900 degrees Fahrenheit.<br>
<br>
Their conclusion that the climate has warmed by almost one degree in
the last century is based on a re-analysis of global observations,
paying special attention to the Southern Hemisphere. ''The common
misconception that the world is cooling,'' they say, ''is based on
Northern Hemisphere experience to 1970.''<br>
<br>
As ''an appropriate strategy,'' the report proposes emphasis on
energy conservation and development of alternative energy sources
while using fossil fuels ''as necessary'' in the coming decades.<br>
<br>
<i>A version of this article appears in print on Aug. 22, 1981,
Section 1, Page 1 of the National edition with the headline: STUDY
FINDS WARMING TREND THAT COULD RAISE SEA LEVELS.</i><br>
<a class="moz-txt-link-freetext"
href="https://www.nytimes.com/1981/08/09/world/ancient-ice-yielding-secrets-of-climate.html">https://www.nytimes.com/1981/08/09/world/ancient-ice-yielding-secrets-of-climate.html</a><br>
<br>
<br>
<p><br>
</p>
[The news archive - looking back]<br>
<font size="+1"><b>On this day in the history of global warming
December 10, 2007</b></font><br>
December 10, 2007: Al Gore officially accepts the Nobel Peace Prize.<br>
<a class="moz-txt-link-freetext"
href="http://www.nytimes.com/2007/12/11/world/11nobel.html?_r=0">http://www.nytimes.com/2007/12/11/world/11nobel.html?_r=0</a>
<br>
<p><br>
</p>
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