in an Oxford University paper to identify environmentally friendly public investments with quick positive economic effects. The authors, including Nobel laureate Joseph Stiglitz, examined 700 stimulus policies enacted since 2008 and surveyed 230 finance ministers, central bank officials, academics and other experts from 53 countries.
John Hoeppner, who heads sustainable investing for Legal & General, said that broader preparation has been a critical factor in companies coping with Covid-19, because almost no-one “had really thoughtful data that thought through the true effects of a pandemic.” Another big wake-up call for investors and activists should be 2020 emission trajectories. Emissions are set to drop by at least 5 percent in 2020, but “to get to zero by 2050 we will have to keep dropping at the rate we’re dropping this year,” Gorte said. But this year emissions are dropping because of exceptional economic shutdown rather than effective ongoing policy.
Yet realDonaldTrump is planning to give bailout money to the oil industry. Because they're so strapped for cash 🙄 VoteBlue2020