this post was submitted on 20 Nov 2023
597 points (97.9% liked)

News

23014 readers
3 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 30 points 1 year ago* (last edited 1 year ago) (6 children)

I wonder if there's some simple way to completely halt the emissions from those twelve.

[–] [email protected] 21 points 1 year ago

I can think of only one (or twelve, depending on how you look at it)

[–] [email protected] 14 points 1 year ago* (last edited 1 year ago)

End carbon emissions with this one strange ~~trick~~ brick!

[–] [email protected] 6 points 1 year ago (1 children)

The carbon footprints of the investments were calculated by examining the equity stakes that the billionaires held in companies. Estimates of the carbon impact of their holdings was calculated using the company’s declarations on scope 1 emissions – direct emissions from sources owned or controlled by a company – and scope 2, indirect emissions.

Scope 2 emissions are those from the products sold by the company. For example, if you fill your car up at Exxon, the emissions from you driving on that tank of gas is part of Exxon's scope 2 emissions. The fossil fuel industry is mostly scope 2 emissions, while a company like Amazon is mostly scope 1 emissions.

(The Gates foundation has $1.4 billion invested in fossil fuel companies like BP)[https://www.theguardian.com/environment/2015/mar/19/gates-foundation-has-14bn-in-fossil-fuels-investments-guardian-analysis]. If you look at that article, Gates has the second- highest carbon footprint on that list of billionaires. Reading that article, it seems very likely that Gate's emissions are mostly scope 2.

Completely halting Gates emissions, as calculated this way, would involve just shutting down whatever percentage of BP he owns. Gas prices would get higher, without actually solving any of the underlying issues causing that demand, like car-centric urban design. It'd likely do nothing, as other gas companies would start to pump more in the medium term and emissions would quickly go back up.

[–] [email protected] 2 points 1 year ago

Minor correction, scope 2 emissions are indirect emissions from the use of purchased energy (generally electricity). What you are describing (driving your car that was filled at Exxon) is scope 3 emissions for Exxon.

[–] [email protected] 4 points 1 year ago (1 children)
[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

The secret's in the sauce....

[–] [email protected] 1 points 1 year ago

since they included pollution from the companies those people own (which is a very weird way to attribute it) not a thing will change as long as there's demand for what those companies produce

[–] pan_troglodytes 0 points 1 year ago

sure, just have to close down all the industry. the millions of people employed in those industries will just have to find a different job. simple, innit?