this post was submitted on 03 Nov 2024
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Climate - truthful information about climate, related activism and politics.

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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

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[–] federalreverse@feddit.org 28 points 5 days ago* (last edited 5 days ago) (2 children)

Surely, if you're the Green party leader, you would simply not invest in that particular index fund, and probably would not invest at Vanguard either. When people say you should "divest from fossil fuels", it obviously also means taking your money out of these index funds.

[–] averyminya@beehaw.org 2 points 4 days ago

It's funny how easy it is, but no, let's jump through hoops to justify it.

[–] canihasaccount@lemmy.world -5 points 5 days ago (3 children)

This is literally the entire stock market, excluding US. All publicly traded companies worldwide. It's the epitomy of the "set it and forget it" investment strategy. If you don't know how to invest, this, coupled with VTI and a bond ETF or two, would be exactly what you would own, and nothing more.

[–] federalreverse@feddit.org 15 points 5 days ago

You would, if you don't give a shit, yes.

But if you're actually fighting for a green transition, this is definitely not what you buy. Especially if you have the kind of money available to you that she has. Putting your money where your mouth is incredibly important. I don't even know why I am repeating this — the article put it quite succinctly.

[–] ProdigalFrog@slrpnk.net 13 points 5 days ago

She could've used fossilfreefunds.org to pick something that wasn't invested in oil or prison slave labor.

[–] AA5B@lemmy.world 5 points 4 days ago (1 children)

This is also what you would invest in if you don’t want any appearance of conflict of interest with your political aspirations. Y’all gotta let this one go

[–] canihasaccount@lemmy.world 4 points 4 days ago

Yeah, people here clearly do not understand that this is the most benign investment strategy that could exist.