Patrick Greenfield and Jonathan Watts, The Guardian »
The JP Morgan report on the economic risks of human-caused global heating said climate policy had to change or else the world faced irreversible consequences.
The study implicitly condemns the US bank’s own investment strategy and highlights growing concerns among major Wall Street institutions about the financial and reputational risks of continued funding of carbon-intensive industries, such as oil and gas.
JP Morgan has provided $75bn (£61bn) in financial services to the companies most aggressively expanding in sectors such as fracking and Arctic oil and gas exploration since the Paris agreement, according to analysis compiled for the Guardian last year.
Richard Partington, The Guardian »
The G20 group of the world’s wealthiest nations have agreed for the first time to collectively sound the alarm over the threat to the financial system posed by the climate emergency.
Overcoming objections from Donald Trump’s US administration, G20 finance ministers and central bank governors meeting in Saudi Arabia over the weekend agreed to issue their first ever communique with references to climate change, according to reports from Reuters.
Read the whole article to get a better picture of the Trump’s Administration’s obstruction.
More » NY Times (paywall)
Oliver Milman, The Guardian »
The stunning levels of Twitter bot activity on topics related to global heating and the climate crisis is distorting the online discourse to include far more climate science denialism than it would otherwise.
An analysis of millions of tweets from around the period when Donald Trump announced the US would withdraw from the Paris climate agreement found that bots tended to applaud the president for his actions and spread misinformation about the science.
The study of Twitter bots and climate was undertaken by Brown University and has yet to be published. Bots are a type of software that can be directed to autonomously tweet, retweet, like or direct message on Twitter, under the guise of a human-fronted account.
More » BBC