“You always think it is impossible until it is done” Nelson Mandela
Unless we take action on climate change future generations will be “roasted, toasted, fried and grilled” as Christine Lagarde, acting president of the International Monetary Fund (IMF), has put it. Scientists are telling us that we need to leave the vast majority of our fossil fuel reserves safely under ground so that we avoid this fate. But those reserves are already accounted for on the balance sheets of companies active in the fossil fuel sector, contributing to a large part of their market capitalisation.
Unless we take action on climate change future generations will be “roasted, toasted, fried and grilled” as Christine Lagarde, acting president of the International Monetary Fund (IMF), has put it. Scientists are telling us that we need to leave the vast majority of our fossil fuel reserves safely under ground so that we avoid this fate. But those reserves are already accounted for on the balance sheets of companies active in the fossil fuel sector, contributing to a large part of their market capitalisation.