Bank of England boss says global finance is funding 4C temperature rise

The governor of the Bank of England has warned that the global financial system is backing carbon-producing projects that will raise the temperature of the planet by over 4C – more than double the pledge to limit increases to well below 2% contained in the Paris Agreement.

we've been warmer than 4C

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Sir Dave Ramsden, deputy Bank of England Governor: 'The world is becoming a more uncertain place to do business in'As the Bank of England rate-setters attempt to peer through the fog of Brexit, it’s handy that one of its most senior officials is used to low visibility and climbing mountains. I can never remember a time when the world was a “certain” place! And he gets paid how much for such sage commentary?
Source: The Telegraph - 🏆 41. / 63 Read more »