As Amazon Watch reports, investments of $46bn were spent by the world's three largest asset management firms on Amazon oil companies that are linked to Indigenous rights abuses, environmental pollution and climate warming. Investments in drilling for crude oil in the rainforest - or investments in drilling in general - must be penalized. There has to be an immediate switch from all fossil to renewable energy resources.
International Press Articles
The WCRE welcomes a new member, as scientific institution and member to its executive structure. The Energy Research Centre (ERC) of the National University of Lesotho (NUL) is now Country Representative for Lesotho, Southern Africa. Dr. Moeketsi Mpholo is the ERC Administrator and main contact person for the Kingdom's presence at the WCRE.
You can see the development work of the new WCRE member for the implementation of renewable energies in Lesothos's rural areas at its Open Day held recently: https://drive.google.com/file/d/1i9I3DvFxIR8P4Rq9mMGAB6FDyIUYhSvC/view?usp=sharing - the next Open Day is planned for September 2021.
Although the G7 countries make a lot of green promises, the countries (UK, US, Canada, Italy, France, Germany and Japan) actually spent more money on fossil fuels than on green technology ($189bn vs. $147bn) between January 2020 and March 2021, as an article by The Guardian outlines. The Covid-19 response was teased for supporting a more sustainable economy, but actually just 1 in 10 dollars were spent on renewables and energy efficiency measures. It must be clear that it's time for the 'Dirty 7' to become the 'Green 7'. You can help reaching that goal by donating to WCRE or becoming a member.
As The Guardian points out, renewable energies saw a rapid growth in 2020 despite the ongoing Covid-19 pandemic. According to data by IEA, the renewable energy industry grew at the fastest pace since 1999. One reason for the continuing growth of solar and wind energy is the growing interest of governments and companies regarding the transition to clean energy and economic recovery from the pandemic's impacts.
Robinson Meyer comments in The Atlantic on US President Joe Biden's climate policy: "As decarbonization progresses, I think more officials will naturally understand the climate challenge in the frame of coalition building, not free riding. The question for me is whether—during this transition period—the politics of free riding help or hinder Biden’s attempt to forge a stronger pro-decarbonization coalition. If Biden commits to slashing greenhouse-gas emissions by 2030, will that make the public pay more attention to—and feel more skittish about—the rest of his climate-policy playbook? Will nervousness about his policies kick in before the policies themselves pass Congress? I suppose we’ll start to find out this week".