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imf.org

Player2 , to news in Global Fossil Fuel Subsidies Surged to Record $7 Trillion in 2022, the IMF says

Pretty disgusting

Quexotic ,

I know I’m angry. Anybody believes that representative democracy exist needs to be shown this number.

gravitas_deficiency , to world in Benefits of Accelerating the Climate Transition Outweigh the Costs | Climate Change Indicators Dashboard shows that avoiding physical damage from climate change can have sizable benefits

But the costs include direct costs to the bottom line of the energy industry, which pretty much all banks invest in, so basically all energy companies and banks will fight the transition because it directly negatively impacts their business model’s profitability, and thus dividend payouts. And god forbid they make marginally less money in a way that has far more long-term sustainability and profitability in pretty much every single meaningful metric

Gradually_Adjusting ,
@Gradually_Adjusting@lemmy.world avatar

Nothing engenders in me more violent feelings than hearing about the preferences of banking executives.

gravitas_deficiency ,

I heartily agree.

Skies5394 , to world in Benefits of Accelerating the Climate Transition Outweigh the Costs | Climate Change Indicators Dashboard shows that avoiding physical damage from climate change can have sizable benefits

I think this is obvious to anyone that has viewed the damage that the extreme weather has brought in recent years

The issue was, is and will continue to be whose pocketbook it’s hurting.

Almost exclusively the damages will be suffered by poor and middle class, and paid out by public coffers while the profits made by NOT making these changes will be private and for the rich.

We’re not going to see any change until this starts hurting the rich.

fartington , to worldnews in Most disruptions of trade came after the formation of Operation Prosperity Guardian, and in particular right after the US started bombing Yemen on January 12th. Disruptions were minimal previously.

Thanks for the doctorate level analysis.

wildbus8979 , to worldnews in Most disruptions of trade came after the formation of Operation Prosperity Guardian, and in particular right after the US started bombing Yemen on January 12th. Disruptions were minimal previously.

u/[email protected] quoting the IMF is next level 4d chess ;)

yogthos OP ,
@yogthos@lemmy.ml avatar

I pretty much always quote mainstream western sources.

wildbus8979 ,

I know but I think you get what I’m saying friend :)

TheAnonymouseJoker ,
@TheAnonymouseJoker@lemmy.ml avatar

deleted_by_moderator

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  • NoIWontPickAName ,

    Ferrets are worse, so are regular weasels, I would go so far as to say the damn any animal in human skin ranks higher than the damn human originally occupied

    wildbus8979 ,

    Hmmmmm I think you read me wrong buddy, I’m on OP’s side. If you’d been following here a bit, that should be immediately obvious. I think they do a bang up job on here.

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