Jump to content
Washington Football Team Logo
Extremeskins

I want to sue the republican party for willful denial of scientific evidence about climate change.


Mad Mike

Recommended Posts

1 hour ago, twa said:

 

for that price and it's limitations it better be. :ols:

 

just remember how many Chinamen suffered to get ya there

 

If we are going to talk about places where there are weak environmental laws that contribute to pollution related to obtaining natural resources is there a reason that the Chinese are special as compared to people in Niger:

 

http://www.dw.com/en/nigeria-oil-spills-lead-to-increased-newborn-mortality-in-the-niger-delta/a-41052670

 

Or Louisiana:

 

https://en.wikipedia.org/wiki/Health_consequences_of_the_Deepwater_Horizon_oil_spill

 

Edited by PeterMP
Link to comment
Share on other sites

4 minutes ago, AsburySkinsFan said:

So this is where twa is hiding out.

we’ve missed you in the three other political meltdown threads. 

 

It is good to be missed. 

Is that your way of saying I need to post more?

Link to comment
Share on other sites

  • 3 weeks later...
  • 1 month later...

https://www.theguardian.com/us-news/2018/jan/10/new-york-city-plans-to-divest-5bn-from-fossil-fuels-and-sue-oil-companies

 

New York City plans to divest $5bn from fossil fuels and sue oil companies

 

Quote

New York City is seeking to lead the assault on both climate change and the Trump administration with a plan to divest $5bn from fossil fuels and sue the world’s most powerful oil companies over their contribution to dangerous global warming.

 

City officials have set a goal of divesting New York’s $189bn pension funds from fossil fuel companies within five years in what they say would be “among the most significant divestment efforts in the world to date”. Currently, New York City’s five pension funds have about $5bn in fossil fuel investments. New York state has already announced it is exploring how to divest from fossil fuels.

 

“New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels,” said Bill de Blasio, New York’s mayor.

 

Court documents state that New York has suffered from flooding and erosion due to climate change and because of looming future threats it is seeking to “shift the costs of protecting the city from climate change impacts back on to the companies that have done nearly all they could to create this existential threat”.

 

The court filing claims that just 100 fossil fuel producers are responsible for nearly two-thirds of all greenhouse gas emissions since the industrial revolution, with the five targeted companies the largest contributors.

 

The case will also point to evidence that firms such as Exxon knew of the impact of climate change for decades, only to downplay and even deny this in public. New York’s attorney general, Eric Schneiderman, is investigating Exxon over this alleged deception.

 

New York was badly rattled by Hurricane Sandy in 2012 and faces costs escalating into the tens of billions of dollars in order to protect low-lying areas such as lower Manhattan and the area around JFK airport from being inundated by further severe storms fueled by rising sea levels and atmospheric warming. De Blasio’s office said climate change is “perhaps the toughest challenge New York City will face in the coming decades”.

 

  • Like 1
  • Thanks 1
Link to comment
Share on other sites

On 1/11/2018 at 9:28 AM, PleaseBlitz said:

https://www.theguardian.com/us-news/2018/jan/10/new-york-city-plans-to-divest-5bn-from-fossil-fuels-and-sue-oil-companies

 

New York City plans to divest $5bn from fossil fuels and sue oil companies

 

 

 

Couple of interesting things about that

 

Are they informing folk buying bonds of the 'disaster' that they allege is coming in the suit? :ols:

Are they going to get lower returns by divesting?

 

Quote


http://www.washingtonexaminer.com/financial-performance-not-politics-matters-most-to-americas-pension-holders/article/2645630

Sadly, large funds are increasingly being used for activism, with members' retirement treated as a subordinate concern. For example, CalPERS and NYCERS have both embarked on strategies investing heavily in alternative energies at the expense of more traditional energy resources, despite the fact that many renewable energy stocks continue to underperform. According to a recent report by the American Council for Capital Formation (ACCF), four of the nine worst performing funds of 238 private equity investments in the CalPERS portfolio in March 2017, focused on Environment, Social and Governance (ESG) ventures. In contrast, none of CalPERS’ 25 top-performing funds were in the ESG asset category.

As the ACCF report notes, “Over the past ten years, CalPERS has increased its ESG investing and activism while converting a $3 billion pension surplus in 2007 to a $138 billion deficit today. This performance lag comes as the value of the S&P 500 index has increased by more than 275 percent over the past eight years.”

A similar picture emerges in New York, where pension managers have consistently increased holdings in the Developed Environmental Activist class over the last three years, despite those investments consistently underperforming overall market returns. Indeed, the 12 worst-performing private equity funds in the New York City Retirement System in 2016 focused on renewable and clean energy assets.

 

 

Link to comment
Share on other sites

3 minutes ago, twa said:

 

Couple of interesting things about that

 

Are they informing folk buying bonds of the 'disaster' that they allege is coming in the suit? :ols:

 

Well, the coming disaster is public knowledge for any bond buyers that get their news outside of the right wing anti-science bubble. :)

 

3 minutes ago, twa said:

Are they going to get lower returns by divesting?

 

 

 

Seems like it.  There is no rule to my knowledge that a pension fund must aggressively pursue the highest returns, with no other considerations.

Link to comment
Share on other sites

  • 4 weeks later...

Satellite observations show sea levels rising, and climate change is accelerating it

 

(CNN)Sea level rise is happening now, and the rate at which it is rising is increasing every year, according to a study released Monday in the Proceedings of the National Academy of Sciences.

 

Researchers, led by University of Colorado-Boulder professor of aerospace engineering sciences Steve Nerem, used satellite data dating to 1993 to observe the levels of the world's oceans.
 
180212125612-01-sea-level-changes-exlarg
Changes in sea level observed between 1992 and 2014. Orange/red colors represent higher sea levels, while blue colors show where sea levels are lower.
 
Using satellite data rather than tide-gauge data that is normally used to measure sea levels allows for more precise estimates of global sea level, since it provides measurements of the open ocean.

The team observed a total rise in the ocean of 7 centimeters (2.8 inches) in 25 years of data, which aligns with the generally accepted current rate of sea level rise of about 3 millimeters (0.1 inches) per year.

But that rate is not constant.

Continuous emissions of greenhouse gases are warming the Earth's atmosphere and oceans and melting its ice, causing the rate of sea level rise to increase.

"This acceleration, driven mainly by accelerated melting in Greenland and Antarctica, has the potential to double the total sea level rise by 2100 as compared to projections that assume a constant rate, to more than 60 centimeters instead of about 30," said Nerem, who is also a fellow with the Cooperative Institute for Research in Environmental Science.
 
Click on the link for the full article
Link to comment
Share on other sites

The administration's position on global warming continues to evolve 

 

Quote

EPA Administrator Scott Pruitt's assertion that global warming might be beneficial because "humans have most flourished" during warming trends is drawing heavy skepticism from many climate-change experts.

 

Pruitt, in an interview with KSNV-TV in Las Vegas this week, acknowledged that "human activity" contributes to global warming, thus walking back his previous statements questioning whether carbon dioxide levels driven higher by human pollution play a role in climate change.

 

"No one disputes the climate changes," Pruitt said. "We obviously contribute to it ... our activity contributes to it."

<more at link>

https://www.usatoday.com/story/news/nation/2018/02/08/epa-chief-scott-pruitt-global-warming-may-good-thing/318850002/

 

 

baby steps... baby steps, baby!  

Link to comment
Share on other sites

If there is climate change, who cares? What's the point in talking about it? You'll never change the outcome of it. If it happens,it happens. No amount of recycling or awareness or changing this or that will stop so called mother nature. Industrial plants didn't didn't speed it up or slow it down. If the elites know it exists and are lying,you aren't going to do anything about it anyway.Youre screwed. Gossiping in a forum won't change anything about it. They'll get in their huge space ships with their hot rich women while you get nothing 

Edited by thinwhiteduke
Link to comment
Share on other sites

1 hour ago, thinwhiteduke said:

If there is climate change, who cares? What's the point in talking about it? You'll never change the outcome of it. If it happens,it happens. No amount of recycling or awareness or changing this or that will stop so called mother nature. Industrial plants didn't didn't speed it up or slow it down. If the elites know it exists and are lying,you aren't going to do anything about it anyway.Youre screwed. Gossiping in a forum won't change anything about it. They'll get in their huge space ships with their hot rich women while you get nothing 

Bang up post Bowie. Hey, I wanted to get your thoughts on the school shooting.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...