Sometimes it’s not WHAT is said, it’s WHO is saying it. When large (OK, very large, perhaps ginormous) banks are saying this, perhaps Paul Gilding is right that Victory is in sight for the climate movement.
London-based HSBC is a banking and financial services company, very old and very large — the sixth largest public company in the world. Greenpeace it ain’t. So it’s striking that the latest report from the financial giant sounds strikingly like the hippie alarmism of a Bill McKibben, a Joe Romm, or a … me. Then again, our hippie alarmism sounds a lot like the science surveys put out by the International Energy Agency, the World Bank, MIT, and the U.S. National Climate Assessment.
So I guess we’re all hippies now.
The report is called “Peak Planet” (you gotta pay for it, unfortunately — Giles Parkinson has a great write-up) and it’s about the threat of climate change and “the next upswing in the climate agenda.”
The broad story HSBC sketches is familiar. If we want to hold warming below 2 degrees…
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