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Those numbers also tell us that the very thing we must do to avert catastrophe—stop digging—is the very thing these companies cannot contemplate without initiating their own demise. They tell us that getting serious about climate change, which means cutting our emissions radically, is simply not compatible with the continued existence of one of the most profitable industries in the world. And the amounts of money at stake are huge. The total amount of carbon in reserve represents roughly $27 trillion—more than ten times the annual GDP of the United Kingdom. If we were serious about keeping ...more
This Changes Everything: Capitalism vs. The Climate
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