this post was submitted on 03 Nov 2024
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Climate - truthful information about climate, related activism and politics.

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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

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[–] [email protected] 15 points 1 day ago (10 children)

Where are you seeing this?

The article claims that she has total stock market index funds in her retirement account and not individual oil and gas shares…

They even link the full financial disclosure that reveals as much: https://www.dropbox.com/scl/fi/un8w34x8anzochjjik2dw/2024-Stein-PFD.pdf?rlkey=no0vsygaof1096tgm3843kwup&st=10vwoc8x&dl=0

This is literally insulting to anyone with any understanding of “investments”:

In January 2024, Stein reported having between $250,001 and $500,000 invested in the Vanguard Total International Stock Index Fund (VXUS), which invests in TC Energy Corp, owner of the Keystone XL Pipeline. Stein profits from the Keystone XL Pipeline she claims to oppose.

This is a super sketchy way to portray a very normal total market index funds…

[–] [email protected] 27 points 1 day ago* (last edited 1 day ago) (6 children)

Surely, if you're the Green party leader, you would simply not invest in that particular index fund, and probably would not invest at Vanguard either. When people say you should "divest from fossil fuels", it obviously also means taking your money out of these index funds.

[–] [email protected] -5 points 1 day ago (4 children)

This is literally the entire stock market, excluding US. All publicly traded companies worldwide. It's the epitomy of the "set it and forget it" investment strategy. If you don't know how to invest, this, coupled with VTI and a bond ETF or two, would be exactly what you would own, and nothing more.

[–] [email protected] 5 points 21 hours ago (1 children)

This is also what you would invest in if you don’t want any appearance of conflict of interest with your political aspirations. Y’all gotta let this one go

[–] [email protected] 3 points 20 hours ago

Yeah, people here clearly do not understand that this is the most benign investment strategy that could exist.

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