Planet Earth’s Future Now Rests in the Hands of Big Business

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TIME's new cover: Governments are failing. How business is taking on the climate flight

charging, and commercialize new green technologies, among a range of other initiatives. In total, the agency is gearing up to spend tens of billions of dollars on public-private partnerships to speed up the energy transition. “I’m here to extend a hand of partnership,” Granholm told the crowd. “We want you to power this country for the next 100 years with zero-carbon technologies.”

It’s increasingly hard to imagine how we find such a policy in time. In February, the IPCC, the U.N.’s climate science body,a “rapidly closing window of opportunity to secure a livable and sustainable future.” Emissions need to peak by 2025 in order to have a decent chance of limiting warming to 1.5°C.

The launch of a key climate coalition for businesses in 2017 with Bill Gates, Michael Bloomberg, and othersBut around that time, many business leaders began to feel pressure to do something on climate for the first time. Prioritizing environmental, social, and corporate governance concerns in investing, or ESG for short, had risen from a niche idea in the early 1990s to a mainstream approach to investment two decades later.

With the U.S. government on the sidelines, these investors joined together to send a signal. When French President Emmanuel Macron hosted a climate summit in Paris in December 2017, he brought together a group of investors controlling $68 trillion in assets to launch Climate Action 100+. In the beginning, this consortium used their status as high-profile investors to push emissions reductions in 100 publicly traded companies through one-on-one engagements with high-level executives.

Last December, just a few weeks after returning to the U.S. from Glasgow, I caught a flight from Chicago to Washington, D.C., on what United Airlines billed as the first flight operated with an engine running on only a lower-carbon alternative to jet fuel. As we approached Reagan Airport,, the airline’s CEO, told me about the coalition—including companies like Deloitte, HP, and Microsoft—he has formed to help bring the fuel to market.

I met Shah, who previously ran a clean energy investment fund, in a small conference room in Houston where he had been taking meetings with a range of companies to convince them to do business with his agency—and more broadly the federal government. Shah has $40 billion at his disposal to invest in promising companies and projects.

 

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We need a new approach to making clean energy. The fastest way is to ask existing oil & gas companies to make a new non-polluting liquid fuel that can be transported, dispensed, & used like regular gasoline to power the grid, EVs, & all modes of transportation.

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'Ethiopians planted more than 353,633,660 trees in just 12 hours, the country's minister of innovation and technology announced on Twitter.' AP reported. Scientists say 1 trillion new trees would absorb 2/3 of CO2. Trees love CO2 and emit Oxygen. Win Win

In 2019, US hit CO2 emission levels from 1993. Simple solution. 1. Plant trees 2. Focus on CCP, India & Russia who have been increasing CO2 emissions for years.

Why the hell are they fighting the climate?

Governments: we are controlled by the interests of capitalist businesses folk, and frequently are busted from being 'progressive' due to the interest of greedy business insiders Corporate America and Global Corporate: Time to save the day with our business insiders in green hats

The real issue

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