• Mojojojo1993@lemmy.world
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    1 year ago

    This is the most depressing point. Why would they. They will be long gone. Why risk their profits now. Fuck humanity I want mine now.

    • silence7@slrpnk.netOPM
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      1 year ago

      Leah Stokes’s book, Short Circuiting Policy, goes down what actually gets utilities to act: renewable portfolio standards, requiring them to generate a certain fraction of their energy via non-emitting sources. When the state public utilities commissions are given teeth to enforce those, they’re incredibly effective.

  • EndOfLine@lemm.ee
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    1 year ago

    Whaaaaaat? Corporate leaders don’t care about honoring costly changes that will fundamentally change their industry when making those changes isn’t tied to their compensation and the deadline for achieving them isn’t until after they retire or are even dead?

    I, personally, am shocked.

  • Twentytwodividedby7@lemmy.world
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    1 year ago

    2050 is so far into the future its meaningless. If they were serious, it would be early to mid 2030s. What’s worse is that renewable energy is very viable and there are tons of tax credits to offset the investment, so it also seems like poor corporate strategy to not invest.

    • nvermind@lemm.ee
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      1 year ago

      Exactly! In the report, the companies that do have meaningful goals of at least 80% emissions reductions by 2030 do WAY better than the rest of the companies! But a 2050 goal is meaningless, and “net” zero by 2050 is even more meaningless because they can claim to fill it with carbon capture or carbon credits.

    • WalrusDragonOnABike@kbin.social
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      1 year ago

      If they were serious, they’d be making quarterly goals. Maybe not net zero this quarter or the next, but the immediate target would certainly not be more than a couple years from now at max.

  • kaibae@lemmy.world
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    1 year ago

    2050 was always meant to be a kick the can down the road kind of idea. Appeasement for those concerned - status quo for the people making money in those businesses now. There was never any idea to change, perhaps only a hope that by 2050 other solutions would have presented themselves.

    • silence7@slrpnk.netOPM
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      1 year ago

      The thing about “says 2050” that is that you need to look at more: what are they doing now and over the next few years.

      People can “say 2050” and be taking action now…or not.

  • MrMakabar@slrpnk.net
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    1 year ago

    If they promise it already, there should be no problem when banning all fossil fuel power plants by 2050. See no problem.

    • Sonori@beehaw.org
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      1 year ago

      No problem with a tax five hundred percent cost to caputre all emitted carbon being placed on all fossil plants by 2040 two. I mean they won’t still make up a major source of revenue in fifteen years, right.