Saturday, February 1, 2020
Links to Articles from DeSmog
This week Nick Cunningham reports that the Bank for International Settlements, aka the central bank for central banks, has warned that the climate crisis will cause “green swan” events, or sudden and major financial disasters, and that unaddressed climate risks remain “uninsurable and unhedgeable.”
While bankers are sweating the climate crisis, Julie Dermansky has striking photos and reporting from the Permian oilfields, where activists are exposing how the fracking boom continues to leak invisible but potent pollution that is worsening global warming, often with apparent impunity.
And Justin Mikulka reports that New York isn’t handling well an early test of its ambitious climate plans when state officials voted to raise electricity rates to pay for more natural gas infrastructure.
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