My latest #COP26 #illustration takes inspiration from a Reuters article by George Hay.
'COP background chatter supports Greta’s bad vibes.'
'GLASGOW, Nov 8 (Reuters Breakingviews) - Greta Thunberg looks to have COP26’s number. The 18-year-old Swedish environmental activist opened her speech to green protesters on Friday by declaring the global climate shindig a failure. If some business leaders and policymakers in Glasgow were prepared to express openly what they were saying behind the scenes, that might be a more widely held view.
The first of two conference weeks ended on a nuanced note. Former banks regulator Adair Turner said that government pledges made thus far would only shave 9 billion tons off the 43 billion tons of carbon dioxide emitted annually by 2030. To keep global warming to the targeted 1.5 degrees Celsius they must halve. On the other hand, former Bank of England boss Mark Carney, Standard Chartered (STAN.L), (2888.HK) chief Bill Winters and other A-list financiers rejoiced that $130 trillion of banking, insurance and investment assets were now signed up to achieve the same target...'