In 2017, the costs of unpriced externalities and the direct subsidies for fossil fuels (USD 3.1
trillion) exceeded subsidies for renewable energy by a factor of 19.

https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2020/Apr/IRENA_Energy_subsidies_2020.pdf

TUHO: aneb "we are fucking fucked"

since Paris, $3 trillion have been lent to the coal and oil & gas industry since the Paris Agreement was signed, of which $750 billion in the last year alone. The quantum of capital that's been lent by banks like JP Morgan Chase has gone up. It hasn't gone down. It's gone up. Our own research shows that fossil fuel companies have raised nearly 10 times more capital than renewable energy companies in the last decade or so through public markets in the form of IPOs.

In the late 90s and early 2000s, with my good friend and co-founder Nick Robins, we started asking simple questions: What happens if Exxon and Shell and all the other companies were to burn all their reserves? How much would that increase atmospheric CO2? And how much would the planet warm by? After years of looking, we just couldn't find anybody who had done that research. So we pulled the analysis together ourselves.

In essence, we found that there's enough proven reserves already in the world today to take us way past four degrees of warming – and one and a half degrees is the threshold the science tells us we shouldn't exceed. So, this “unburnable carbon” creates what we call “stranded assets”. We describe it as a carbon bubble, a massive overhang of unusable fossil fuels, that has financial consequences for financial regulators and for investors.

We’re Living Through A Carbon Bubble—Here’s What We Can Do About It
https://www.forbes.com/sites/ashoka/2021/03/26/were-living-through-a-carbon-bubble--heres-what-we-can-do-about-it/?sh=3b94da581b62

Carbon bubble?

- Already in 2011, the world has used over a third of its 50-year carbon budget of 886GtCO2, leaving 565GtCO2

- All of the proven reserves owned by private and public companies and governments are equivalent to 2,795 GtCO2

- Fossil fuel reserves owned by the top 100 listed coal and top 100 listed oil and gas companies represent total emissions of 745GtCO2

- Only 20% of the total reserves can be burned unabated, leaving up to 80% of assets technically unburnable

Unburnable Carbon: Are the World's Financial Markets Carrying a Carbon Bubble? - Carbon Tracker Initiative
https://carbontracker.org/reports/carbon-bubble/

TUHO: mimo to je otazka, jak by stabilita klimatu a stav ekosystemu mely byt ustavne zakotveny, coz by se odrwzelo i v roli techle instituci. a vpastne nevim, jakej vztah ma parizska dohoda k ustave? je ji nadrazena jako nejaka mezinarodni smlouva?

SHEFIK: Ne, takovejch dokuemntu nejsou tisice. IPCC je globalni autorita, ktera sdruzuje vedce z celyho sveta, ktery delaj obri resersi soucasnyho vedeckyho poznani a venuje tisice clovekohodin nejlepsich mozku sveta, aby zmackla doporuceni do par srozumitelnejch stran pro policymakery.

Pokud to policymakeri nejsou schopny udelat, tak je to znamka uplne bazalni pohrdani vedou, ci neorientace a ignorance. Coz jsou vlastnosti, ktery mi prijde, ze jsou mezi ekonomomama dost rozsireny .]]

Ad kralovna: ekonomie je plna totalniho axiomatickyho bullshitu, ktery si vymysleli gentlemani u sklenky whisky, zatimco je obskakovalo sluzebnictvo. Pulka jejich teorii je nekonzistentni matematicky, druha je vyvracena antropologii a etnografii. Ale ekonomove zhusta ostatni vedy nectou, takze o tom nevi a tak spokojene vymejvaj mozky dalsim a dalsim generacim nebohejch studentu ekonomie .]]

Jinak o problematice vycislovani mas samozrjeme pravdu, nicmene treba takovej neoklasickej mainstream to resi elegantne - tvari se, ze vycislit jdou a tim to hasne .]]

Ad optimum: problem je, ze neexistuje nic jako jedno "optimum". Pri nejlepsi snaze muzem mluvit o multidimenzionalni krajine, kde jsou rozesety lokalni optima v zavislosti na ruznejch cilech a potrebach, politickejch preferencich, technologickejch moznostech, klimatickejch a ekosytemovejch vlivech etc.

TUHO: Jo a ten dokument je btw tady (a ackoliv filmarsky je dementni, tak jsou tam dobry rozhovory .)

https://vimeo.com/ondemand/symbioticearthhv

#interventions

Relativne vyvazenej clanek na tema proc by narodni banky mely/nemely resit klimatickou zmenu

Artur Linhart: Klimatická změna a Česká národní banka - proč se vytrhovat ze spánku - Ekolist.cz
https://ekolist.cz/cz/publicistika/nazory-a-komentare/arturn-linhart-klimaticka-zmena-a-ceska-narodni-banka-proc-se-vytrhovat-ze-spanku

UPDATED ANALYSIS | Is the Czech Recovery and Resilience Plan for the EU Recovery Facility #NextGenerationEU aligned with the green transition? Read our analysis of the new plan, with thanks to @AMO_cz
https://twitter.com/GreenRecTracker/status/1400384727857741825?s=19


Country Report | Green Recovery Tracker
https://www.greenrecoverytracker.org/country-reports/czech-republic

In May 2021, after a contentious process, the Czech government adopted the national Recovery and Resilience Plan (RRP), with significant changes relative to previously released drafts. Throughout the process, civil society actors have criticized the lack of opportunities for effective participation. Overall, we find that the measures included in the plan, with investments of €7.9bn, can make a positive contribution to the green transition, though there are several specific shortfalls.

‍Green Spending Share

We find that Czechia’s recovery plan (RRP) achieves a green spending share of 25%, below the EU’s 37% benchmark. Furthermore, we find that 15% (€1.1bn) may have a positive or negative impact on the green transition depending on the implementation of the relevant measures, illustrating the importance of further scrutiny during the further planning, review and implementation of the recovery measures. According to the government, the plan’s climate spending share is 37% (see page 5 of the full country report for more details).

Our calculation of the green spending share aims to mirror the approach used for the official assessment of national recovery plans.