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The head of one of the world's biggest oil companies has been named to lead the COP28 global climate talks in Dubai, later this year. [0] Hydrocarbon fuels wil
by DoingIsLearning 3y ago
The head of one of the world's biggest oil companies has been named to lead the COP28 global climate talks in Dubai, later this year. [0]
Hydrocarbon fuels will continue to lead the agenda and pace, read stiffle action, for climate emergency mitigation through lobbying and media narrative.
The end game is obvious but there is still a long runway of profit that can be extracted until it is no longer palitable for public opinion.
I see three possible tipping points:
- Climate change erodes US hegemony to a point that is no longer palitable to US national interests [1]
- People mass suing companies for climate damage in a magnitude that impacts the bottom line or charges C-levels criminally.
- Environmental groups start taking out Oil & Gas Board members and lobbyists, subsequent 'terror' precipitates an actual sunsetting.
At least the geometric shape building in America seems to be ahead of this in contingency plans for some tipping points.
[0] https://www.bbc.com/news/science-environment-64240206 https://www.bbc.com/news/science-environment-64240206
[1] https://www.washingtonpost.com/national-security/intelligence-pentagon-climate-change-warnings/2021/10/21/ea3a2c84-31d3-11ec-a1e5-07223c50280a_story.html https://www.washingtonpost.com/national-security/intelligenc...