Fossils
Companies making their wealth from fossil fuels may go extinct sooner than we think. According to Christiana Figueres, former head of the United Nations Framework Convention on Climate Change, “the shelf life of these companies in their current form may be more than five years – but is certainly no more than 30.” I’m convinced they will adapt rather than die. How soon depends on pressure – from governments and civil society. Already we see Shell planning to be the world’s largest electricity company by the early 2030s. But we urgently need a global carbon price to speed the necessary transition.
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 1. Buy on Lulu ↗