• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
NewslettersGreen, Inc.

We’re facing a climate crisis. What comes next?

By
Katherine Dunn
Katherine Dunn
and
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
By
Katherine Dunn
Katherine Dunn
and
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
February 27, 2020, 5:57 AM ET
Add Fortune on Google for similar content.

Good morning. 

This is Katherine here, filling in for Eamon from London on this edition of The Loop. 

This week we published an interview with Christiana Figueres and Tom Rivett-Carnac, two of the key architects of the Paris Agreement, coinciding with the release this week of their new book, The Future We Choose: Surviving the Climate Crisis. 

I got a chance to read the book last week before it came out, and I had the unusual feeling that I was reading something that felt revelatory, and new. That’s a rare feeling when you closely follow climate change—especially because the book is more of a rallying cry, and a how-to guide, than a breaking news exposé. (We’re all pretty aware that climate change is happening.) 

The book takes the approach of marrying both the big picture, and the small, and spans thinking on climate change across areas as diverse as gender equality, artificial intelligence, and political polarization. After the initial chapter listing the undeniably grim future we’re facing, the authors take a practical, clear-eyed tone, imbued with what they call “gritty” optimism. That’s a brand of positive thinking that Figueres says isn’t about disregarding the pain caused by climate change, but is about realizing that, “if we put ourselves into a little box, the dark box of pain and grief and helplessness, we’re not going to do anything differently.”

Advocating gritty optimism means providing options for what comes next. The Future We Choose offers step-by-step suggestions on sustainable action for individuals (plant a tree; make a climate budget; vote) as well as for businesses, including prompts about what companies need to do even if they’re at the front of the pack. 

“I’ve walked into many companies where they are exemplary on their climate action, and they say some version of, we’re doing everything we can, and policy needs to go further and faster,” says Rivett-Carnac. “And then I’ve said to them some version of, well, did you know that you are actually a member of several trade associations who are still lobbying against more aggressive policy?” 

In our interview, Figueres and Rivett-Carnac also talk about why sovereign wealth funds are the next step in shifting climate finance; the “before” and “after” of the Australian bushfires; and why it’s okay to commit to net-zero—without knowing exactly how you’re going to do it. You can read the whole interview here. 

Katherine Dunn
katherine.dunn@fortune.com 

CARBON COPY

Letter heads

Senator Elizbeth Warren published a letter urging BlackRock CEO Larry Fink to support her Climate Risk Disclosure Act—a bill Warren introduced in 2019 that would require companies to disclose their climate risk—and to provide more details on how BlackRock will achieve its new sustainability goals. Last month, in his own letter to CEOs, Fink said that climate change will reshape financing and that BlackRock will place “sustainability at the center of our investment approach.” CNBC

Coal cuts

JPMorgan said it will stop financing some coal mines and coal-fired power plants, but most of the bank’s clients won’t be ruled out by the new restrictions. According to the Rainforest Action Network, the U.S. bank is the world’s largest lender to oil, gas and coal companies, financing some $196 billion worth of fossil fuel projects between 2016 and 2018. The strictest prohibition—no loans for companies with over 50% of revenues from coal—would only rule out 0.6% of that $196 billion loan sheet. Axios

Flight of fancy

London’s Heathrow Airport says it has become carbon neutral. The London airport has managed to reduce and offset its building, ground transport, and business travel emissions completely and plans to eliminate emissions altogether by 2030. There's just one catch: it doesn't count the emissions from the actual planes. However, earlier this month the U.K.’s aviation industry pledged to achieve net zero carbon emissions by 2050—a commitment that will presumably mean planting a whole lot of trees. Meanwhile, plans for a third runway have been scuttled after a court ruling said, in part, that the plan conflicted with the U.K. government's commitment to the Paris Agreement. Sky News

IN CASE YOU MISSED IT

Oil demand was set to rise in 2020, then the coronavirus outbreak hit by Katherine Dunn

Germany, the engine of Europe, plans to ditch nuclear and coal—regardless of whether renewables can fill the void by Christiaan Hetzner 

Did the ‘techlash’ kill Alphabet’s city of the future? by Robert Hackett

CLOSING NUMBER

25%

A study from Brown University found that roughly 25% of all tweets about climate change come from bots, according to The Guardian, which has seen a draft of the report. The study analyzed 6.5 million tweets in the weeks around President Trump’s decision to withdraw the U.S. from the Paris Agreement and found that the bots are overwhelmingly climate change deniers. About 5% of tweets in favor of climate action came from bots, while bots contributed 38% of tweets calling out “fake science.”

About the Authors
By Katherine Dunn
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
By Eamon Barrett
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Newsletters

Inside Larry Culp’s playbook for fixing GE
NewslettersCFO Daily
Inside Larry Culp’s playbook for fixing GE
By Sheryl EstradaJuly 24, 2026
4 hours ago
Three people sitting on stairs
Startups & VentureTerm Sheet
Neo raises $100 million to hunt the zombie AI agents haunting your company
By Amanda GerutJuly 24, 2026
5 hours ago
U.S. Rep. Ted Lieu (D-CA) during the Democratic National Convention on August 22, 2024 in Chicago, Illinois. (Photo: Justin Sullivan/Getty Images)
NewslettersFortune Tech
An ‘AI Kill Switch Act,’ engaged
By Andrew NuscaJuly 24, 2026
5 hours ago
Photo: President Trump.
NewslettersMarkets
Trump weighs ‘massive attack’ on Iran as Tehran’s chokehold on oil gets tighter
By Jim EdwardsJuly 24, 2026
5 hours ago
From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
NewslettersCEO Daily
From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
By Shawn TullyJuly 24, 2026
6 hours ago
OpenAI Sam Altman sitting on a chair waving.
NewslettersEye on AI
AI labs have a trust problem, and the Hugging Face hack just proved it
By Beatrice NolanJuly 23, 2026
22 hours ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
9 hours ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
1 day ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.