Richmond Vale

Local communities taking action against Climate Change

Taking action against climate change Where many governments have been slow to act against climate change, cities and localities where the community has more direct influence on politicians have started to act to limit greenhouse gasses. In July 2015, Pope Francis gathered mayors from big cities around the world, who discussed how they could make cities sustainable such as planting trees, providing public transportation, making room for bicycles, installing solar panels etc. Because local communities for some time have acted on their own, this has started to push national governments towards more action. We see a change where cities and local communities are taking action for climate change. Financial capitalists begin to see the writing on the wall The pressure to move away from fossil fuels is finally having an effect on the financial capitalists, who are the major force behind the capitalist system. The governor of the Bank of England that issues the British currency warned investors in September 2015. He simply said that the vast reserves of fossil fuels could never be burnt and thus investors will end up owning useless oil or coal reserves and making huge financial losses. Goldman Sachs, the leading investment bank in the USA and the ultimate insider whose chief executives go on to become leaders of government agencies and central banks in North America and Europe, announced in...
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