Well, there's a headline that certainly captures the moment: Big banks predict catastrophic warming, with profit potential.

“We now expect a 3°C world,” Morgan Stanley analysts wrote earlier this month."

"The stunning conclusion indicates that the bank believes the planet is hurtling toward a future in which severe droughts and harvest failures become widespread, sea-level rise is measured in feet rather than inches and tropical regions experience episodes of extreme heat and humidity for weeks at a time."

"Morgan Stanley’s climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17."

https://www.eenews.net/articles/big-banks-predict-catastrophic-warming-with-profit-potential/

h/t @ai6yr
#GlobalWarming #Climate #ClimateChange #Capitalism #Banking

Waiting for #politicians ...
is like
... waiting for #Godot

or

If #GlobalWarming could be stopped by discussions, the earth would now be completely frozen ...
#ClimateAction is necessary!

> Edition #COP29, #Baku, #Azerbaijan

(Edit: added the climate stripe color for 2024)

https://fitzlab.shinyapps.io/cityapp/

What does the world look like for your late retirement and your children's adulthood?

If we continue this trajectory, by 2080 Alaska will feel like New Mexico does now. New York will feel like Mississippi. Check out the map.

This isn't a foregone conclusion. We can still make changes now.

Climate change is destroying coastal homes; from flooding, erosion..., & some home owners are unable to sell their multi-million$ homes.

"Rising Risks: Impact on Coastal Real Estate Values. Rising sea levels and coastal erosion are devastating real estate values in some of the nation’s highest-profile luxury housing communities."

#GlobalWarming #ClimateEmergency #ActOnClimate #ClimateChange

https://www.cnbc.com/video/2024/06/14/rising-risks-impact-on-coastal-real-estate-values.html?&qsearchterm=real%20estate

#GlobalWarming EXTRAORDINARY HEAT IN MEXICO
19 STATES >45c !
Incredible 48.0C at Valle Nacional, hottest day ever recorded in Oaxaca State
Also stunning 48.0C in Veracruz State
There has never been anything remotely close to this.
Map by SMN

https://x.com/extremetemps/status/1795267402613342678?s=46

Key Findings of Oil Change International's "Big #Oil Reality Check" - Oil majors fail to align with international agreements to phase out #FossilFuels and to limit global temperature rise to 1.5ºC ... Combined, 8 ('oil majors') companies’ current oil and #gas extraction plans are consistent with more than 2.4°C of global temperature rise, likely leading to global devastation."
...
- Every company is “Grossly Insufficient” or “Insufficient” on a majority of criteria.

- Three companies (Chevron, ConocoPhillips, and ExxonMobil) are “Grossly Insufficient” — our lowest rating — on all criteria.

- These 8 companies alone are on track to use 30% of our remaining carbon budget to limit global temperature rise to 1.5°C.

- Of the 8 analyzed companies, 6 have explicit goals to increase oil and gas production. Even those without such plans are advancing new #FossilFuel projects and selling polluting assets rather than shutting them down, masking their actions as contributing to an energy transition while perpetuating #climate pollution.

- Integrity: None of the companies we analyzed have set comprehensive targets to ensure their total emissions decline rapidly and consistently, starting now. Every company intends to rely on carbon capture and storage (CCS), offsets, and/or other methods that delay and distract from ending fossil fuels, and prolong the health and community safety impacts of dirty energy.

People-Centered Transitions: All companies fail to meet basic criteria for just transition plans for workers and communities where they operate. All companies fail to meet basic criteria on upholding human rights."

You can download the full report here - https://www.oilchange.org/borc/

Major bad #ClimateCrisis news just published in today's #Guardian - "Exclusive: Planet is headed for at least 2.5C of heating with disastrous results for #humanity poll of hundreds of scientists finds - World’s top #climate scientists expect #GlobalHeating to blast past 1.5C target.

Hundreds of the world’s leading climate scientists expect global temperatures to rise to at least 2.5C (4.5F) this century, blasting past internationally agreed targets and causing catastrophic consequences for humanity and the #planet, an exclusive Guardian survey has revealed.

Almost 80% of the respondents, all from the authoritative Intergovernmental Panel on Climate Change ( #IPCC), foresee at least 2.5C of global heating above preindustrial levels, while almost half anticipate at least 3C (5.4F). Only 6% thought the internationally agreed 1.5C (2.7F) limit will be met."

Many of the scientists envisage a “semi-dystopian” future, with #famine, #conflicts and mass #migration, driven by #heatwaves, #wildfires, #floods and #storms of an intensity and frequency far beyond those that have already struck.

Numerous experts said they had been left feeling hopeless, infuriated and scared by the failure of governments to act despite the clear scientific evidence provided.

“I think we are headed for major societal disruption within the next five years,” said Gretta Pecl, at the University of Tasmania. “[Authorities] will be overwhelmed by extreme event after extreme event, food production will be disrupted. I could not feel greater despair over the future.”

https://www.theguardian.com/environment/article/2024/may/08/world-scientists-climate-failure-survey-global-temperature

This is what #globalwarming looks like if you remove the effect of El Niño, volcanic eruptions and solar activity.

The author is a professional statistician with much experience in climate data analysis. The method is described here: https://tamino.wordpress.com/2024/02/16/adjusted-global-temperature-data/

We're fucked

How massive were last summer's Canadian wildfires?

So massive that the area of forest destroyed--18.5 million hectares--is triple the previous record.

So massive that the carbon emissions from the destroyed tree bodies dwarfed Canada's annual GHG emissions from all other sources.

In fact, the emissions from Canadian wildfires in 2023 were roughly equivalent to 6% of global emissions for 2021.

In normal conditions, the lost carbon from wildfires is recuperated by forest regrowth within a few years. But with temperatures continuing to increase, there's less time between fires for such regrowth to occur. So, we're balanced on the edge of a major tipping point, where wildfires in Canada, Siberia, and Australia [edit: and THE AMAZON!! How could I forget the Amazon rainforest, tsk tsk) could turn forests from net carbon sinks into net carbon sources.

This article does a pretty good job discussing how scientists are integrating wildfire emissions into global carbon budget thinking, and carbon budgets generally.

#Climate #ClimateChange #ClimateCrisis #wildfires #CarbonBudget #Forests #Environment #GlobalWarming

https://www.abc.net.au/news/2024-01-22/are-megafires-contributing-to-climate-change/103219876

Alarm Bells Sounded For Greenland's Ice Sheet, After The Collapse of 3 Ice Shelves
#AureFreePress #GlobalWarming #climatecrisis #climatechange

https://www.sciencealert.com/alarm-bells-sounded-for-greenlands-ice-sheet-after-the-collapse-of-3-ice-shelves

Don't want to admit we've blown handling the #ClimateCrisis? Just change the definition! In 2021, the official definition of more than 1.5 °C of #GlobalWarming changed, did you know that? Exceeding the #ParisAgreement no longer means "in any given year", but
"... the Paris agreement target was clarified in 2021 as being the middle of a 20-year period during which the average global temperature hits 1.5 °C above the average temperature between 1850 and 1900. “This data doesn’t mean that we have breached the lower 1.5 °C safety limit of the Paris agreement, because that will apply to the long term,” says Rogelj."

https://www.nature.com/articles/d41586-023-02995-7

"Earth’s average 2023 temperature is now likely to reach 1.5 °C of warming - But to breach the Paris agreement’s limit, the heating must be sustained for many years."

"Earth is hurtling towards its average temperature rising by 1.5 °C above pre-industrial levels. One climate model suggests that the likelihood of reaching that threshold in 2023 is now 55%.

The 1.5 °C figure was a preferred maximum warming limit set by the United Nations in the landmark 2015 Paris agreement on climate change. Climate scientists use different models to make predictions. In Breaching the Paris limit requires a long-term trend of warming of 1.5 °C or more, but some research groups tracking average annual temperatures in isolation are already predicting 1.5 °C of warming this year. In May, a World Meteorological Organization report said that there was a 66% chance that the average annual temperature would breach 1.5 °C of warming between 2023 and 2027."