Blackrock chief: ‘How Covid could help save the planet’
26/01/2021 | news | business | 228
Larry Fink, boss of the world's biggest money manager, says the pandemic could help in fighting a bigger crisis.
1
26/01/2021 14:10:37 36 8
bbc
In the end, once we have gorged ourselves on the worlds resources and used them up, we will die out as a species and hopefully something more considerate to the planet will flourish.
5
26/01/2021 14:25:49 10 2
bbc
Hopefully we will see the importance of hydrogen in this plan. Water is not going to run out soon.
31
26/01/2021 15:29:14 0 2
bbc
No the parasites of are species will die out, the productive, the smart, the resourceful will survive. Hopefully in a few years we can go asteroid mining, then resource problems will be over.
2
26/01/2021 14:16:31 1 1
bbc
A very useful insight.
3
26/01/2021 14:20:11 38 7
bbc
We need to realise that perpetual economic growth is the enemy, not what’s desirable (a doctor would describe such growth as cancer). This is what’s driving an increasing population and consumption of resources, behaviour which isn't just fuelling climate change, but arguably brought about this pandemic as well.

Therefore the whole system needs changing to focus on sustainability all round.
22
sfc
26/01/2021 15:13:41 16 7
bbc
The wealthier a country is the lower the birth rate. look at the statistics. Then use your brain!! This is a benefit of economic growth!!!
27
26/01/2021 15:27:04 1 6
bbc
Growth is to fight entropy, You either grow and move forward or you decay and die, the economy has to grow or we all die as we are the economy. The economy is not some disconnected abstraction, you are apart of it.

we need to be both sustainable and grow or we die, and you can't separate them.
4
26/01/2021 14:25:36 72 6
bbc
Governments, businesses and people need to realise that wealth and population can't keep growing exponentially. Even with environmentally responsible practices we are at some point going to run out of resources or planet for everyone.

We need a new sustainable economic approach and with it a sustainable population for the planet. Being a wealth hoarder is no longer something to be proud of.
11
26/01/2021 14:48:37 35 8
bbc
The world’s 10 richest people have amassed £400bn since the start of the pandemic.
28
26/01/2021 15:28:17 5 0
bbc
Agree, population is the bigger problem but maybe a virus of some description will change things. Most economist about 100 years ago thought that war or disease would keep population growth under check
77
26/01/2021 16:38:16 2 0
bbc
Hi Klaus Schwab
99
AMc
26/01/2021 17:16:14 9 0
bbc
The awful truth is that the only way we stand of reversing the damage we're doing is reducing human population by at least 50%, but of course that will not happen, well at least not by our hand. Mother nature one way or another will do that for us

The planet will survive and indeed thrive once we're gone, human life will have been a mere blip on the multi billion year cycle of this blue gemstone.
145
26/01/2021 20:04:14 2 1
bbc
How do you jump off the runaway train?
Progress has been made (population growth is not exponential) but any one country making significant sacrifices will simply give advantage to someone else.
So, many small steps and lots of genuine international cooperation can work - but not fast enough for many.
While economic suicide is pointless.
Of course, leaving the influential EU was a backwards step.
1
26/01/2021 14:10:37 36 8
bbc
In the end, once we have gorged ourselves on the worlds resources and used them up, we will die out as a species and hopefully something more considerate to the planet will flourish.
5
26/01/2021 14:25:49 10 2
bbc
Hopefully we will see the importance of hydrogen in this plan. Water is not going to run out soon.
29
26/01/2021 15:29:03 3 1
bbc
In the form of deuterium and tritium, if they will ever get it to work.
6
26/01/2021 14:28:32 8 4
bbc
Unless we all make major changes to how we treat our planet there may come a time, much sooner than we would like, when the survivors begin to envy the dead
Removed
64
26/01/2021 16:23:00 2 2
bbc
Planetary warming is a NATURAL occurrence/ cycle that been going on for million of years.

You could clean up ALL industry/ business but it WON'T stop the natural cycle of warming.

The world will get warmer with or without humans & their activities until it goes into it's next cycle of cooling & an Ice Age.

We can clean up the pollution we make BUT WE CAN'T stop the natural cycle of warming...
7
MVP
26/01/2021 14:35:05 16 7
bbc
This is positive from Blackrock.

It needs someone with their clout to be able to drive real change. Mr Fink should be applauded for this.
8
26/01/2021 14:37:38 14 0
bbc
I would agree if only it had happened 10 years ago. They are not leaders, but are being forced to take action by their investors and government legislation
72
26/01/2021 16:34:55 1 0
bbc
Mr Fink is now a very wealthy man off the back of asset stripping and investing in non-eco friendly companies.
He only makes these comments as he is in a position to do so but he won't make a personal sacrifice to make a difference he'll wait for govt's to legislate change so he can make more money.
And I benefited from this parasites funds as well until I knew better.
7
MVP
26/01/2021 14:35:05 16 7
bbc
This is positive from Blackrock.

It needs someone with their clout to be able to drive real change. Mr Fink should be applauded for this.
8
26/01/2021 14:37:38 14 0
bbc
I would agree if only it had happened 10 years ago. They are not leaders, but are being forced to take action by their investors and government legislation
9
26/01/2021 14:43:25 2 5
bbc
Humans have spent years destroying the planet. The planet, in the shape of viruses will destroy humans
55
MVS
26/01/2021 15:57:41 3 1
bbc
Humans have hardly made a tiny dent in the planet's history. It was here for millions of years before we arrived and will be here for millions of years after we have departed.
10
26/01/2021 14:47:19 2 5
bbc
Its all greenwashing
Want my investments to return me money.
Need to address climate issues but its not an emergency as such
18
26/01/2021 14:55:39 2 1
bbc
There are many ways to invest sustainably. In specialised green funds as well as in individual companies in established or emerging green industries.

Over the last few years these companies have far out grown the rest of the market while old fossil fuel hegemons have been plummeting in value. See the decline of almost all the Oil majors who have dropped out of the Dow Jones as on example.
4
26/01/2021 14:25:36 72 6
bbc
Governments, businesses and people need to realise that wealth and population can't keep growing exponentially. Even with environmentally responsible practices we are at some point going to run out of resources or planet for everyone.

We need a new sustainable economic approach and with it a sustainable population for the planet. Being a wealth hoarder is no longer something to be proud of.
11
26/01/2021 14:48:37 35 8
bbc
The world’s 10 richest people have amassed £400bn since the start of the pandemic.
37
vk
26/01/2021 15:33:12 12 0
bbc
Their assets increased in value, mostly shares in their businesses, that's like saying your house price has gone up. Useless until you decide to be homeless.
49
26/01/2021 15:46:23 5 1
bbc
Not really. What has happened is that Governments have debased the value of everything else. It's not the same thing.
79
26/01/2021 16:41:46 3 0
bbc
No they haven't. The value of their share holdings has risen significantly. But it is a imaginary till they try to sell it, but it is only worth so much because they aren't selling it. It is not real money, just a potential value tht will never be realised. .
143
26/01/2021 19:49:17 6 2
bbc
would you rather that capital was controlled by socialists/fascists/communists?

or succesful open business people whom you know who they are and there intentions?
12
26/01/2021 14:49:00 16 4
bbc
Now you see who really runs the world.
13
26/01/2021 14:49:29 15 4
bbc
For years the fossil fuel lobby & other vested interests have peddled a myth that prosperity & returns on investment will only arise from over exploitation of the planets resources.

Finally however this dangerous conceit is being seen for what it is & paths to align sustainability & economic development are opening up a long - but prosperous - journey to real sustainable future.
214
27/01/2021 09:15:29 1 0
bbc
Yes, children in Africa humping around all those sacks of rare earth minerals. A veritable utopia.
14
26/01/2021 14:49:42 7 3
bbc
“The value of companies with better environmental, social and governance profiles increased faster than others during 2020.” The country that increased at all in 2020 ( the ONLY country ) was China. Is he suggesting China follows the environmental, social and governance profile that the world should follow ?
25
26/01/2021 15:23:42 4 0
bbc
Vietnam grow 3.5% in 2020, But I do not see them leading the way either.
76
26/01/2021 16:37:35 0 0
bbc
South East Asia’s coal consumption was up significantly from 2019 to 2020 as well.
15
26/01/2021 14:50:11 11 11
bbc
Why did Global Warming change to Climate Change ? Global Warming is/was based on very small selected data sets and was losing credibility. It ignored periods such as the Jurassic period when the earth was much warmer than now . Climate Change is much more convenient . The earth's climate has continued to changed every millisecond since the earth came into existence. Easy to blame someone.
43
26/01/2021 15:35:54 5 5
bbc
In the 1960's both terms were used at the same time.
There has never been a loss of credibility, the predictions have been bang on since then, probably at the more alarming end of the scale.
Where do you get such nonsense?
16
26/01/2021 14:54:14 4 4
bbc
Companies like Blackrock have done well out of Covid. Central banks set out to protect the global economy with QE at the start of the outbreak. This has proved much to the advantage of Blackrock and others. They have made huge financial gains as a consequence.

It is time for an excess wealth tax in the region of 60%. There are wartime precedents.

Capitalism is far more than asset appreciation.
17
26/01/2021 14:54:38 17 2
bbc
GDP needs to be replaced by GPI (Genuine Progress Indicator).
75
Tim
26/01/2021 16:36:56 6 0
bbc
Perfect - I think Martin is very sensible.
10
26/01/2021 14:47:19 2 5
bbc
Its all greenwashing
Want my investments to return me money.
Need to address climate issues but its not an emergency as such
18
26/01/2021 14:55:39 2 1
bbc
There are many ways to invest sustainably. In specialised green funds as well as in individual companies in established or emerging green industries.

Over the last few years these companies have far out grown the rest of the market while old fossil fuel hegemons have been plummeting in value. See the decline of almost all the Oil majors who have dropped out of the Dow Jones as on example.
21
26/01/2021 15:13:05 1 1
bbc
but do they give the same return, its all about the financial return
19
26/01/2021 14:56:02 4 0
bbc
"Last week, the Church of England dumped shares in FTSE stalwart BP despite the new bosses pledges to make the energy company carbon neutral by 2050."

I had to re-read that, twice. Thought I was imagining things.
23
26/01/2021 15:15:30 8 2
bbc
Hope they kept their tobacco shares, and stakes in Payday Loan companies. For the sake of their portfolio.
47
26/01/2021 15:43:42 4 1
bbc
It's actually the Church of England that is based on imaginary things. An irrelevant organisation.
48
26/01/2021 15:45:39 1 0
bbc
Don't forget they have their own inhouse oilman.
118
26/01/2021 18:03:54 2 0
bbc
Guess they must have some expensive legal cases that need defending. Can't think what they would be though.
6
26/01/2021 14:28:32 8 4
bbc
Unless we all make major changes to how we treat our planet there may come a time, much sooner than we would like, when the survivors begin to envy the dead
20
sfc
bbc
Removed
18
26/01/2021 14:55:39 2 1
bbc
There are many ways to invest sustainably. In specialised green funds as well as in individual companies in established or emerging green industries.

Over the last few years these companies have far out grown the rest of the market while old fossil fuel hegemons have been plummeting in value. See the decline of almost all the Oil majors who have dropped out of the Dow Jones as on example.
21
26/01/2021 15:13:05 1 1
bbc
but do they give the same return, its all about the financial return
3
26/01/2021 14:20:11 38 7
bbc
We need to realise that perpetual economic growth is the enemy, not what’s desirable (a doctor would describe such growth as cancer). This is what’s driving an increasing population and consumption of resources, behaviour which isn't just fuelling climate change, but arguably brought about this pandemic as well.

Therefore the whole system needs changing to focus on sustainability all round.
22
sfc
26/01/2021 15:13:41 16 7
bbc
The wealthier a country is the lower the birth rate. look at the statistics. Then use your brain!! This is a benefit of economic growth!!!
82
26/01/2021 16:44:31 7 0
bbc
It is about education, particularly women's education, and culture, not so much wealth. Some cultures even today insist on keeping their women ignorant.
101
AMc
26/01/2021 17:22:41 2 0
bbc
sfc - you're right in part but it's not growth pre se but sustainable Economic Maturity that we need to achieve.

In a world 'dominated' by economic growth there are always going to be extremes, rich v poor, and therein lies the challenge.

That said anyone who believes that a utopian world of total equilibrium will be bitterly disappointed as that will never happen, it's not in the human DNA.
140
26/01/2021 19:41:01 3 0
bbc
Too little too late. The undeveloped must not be permitted to raise their lifestyles as the planet already can not sustain them. Just those existing now if they go up towards western consumption we are all doomed. No good them eventually having a stable population when it is tens of times too big already. That include a ban on 'up lifestyle' movement of people, migration. Must end completely.
199
27/01/2021 00:18:10 0 2
bbc
The lower the birth rate the more immigration is needed to pick up the slack. Where is the benefit?
19
26/01/2021 14:56:02 4 0
bbc
"Last week, the Church of England dumped shares in FTSE stalwart BP despite the new bosses pledges to make the energy company carbon neutral by 2050."

I had to re-read that, twice. Thought I was imagining things.
23
26/01/2021 15:15:30 8 2
bbc
Hope they kept their tobacco shares, and stakes in Payday Loan companies. For the sake of their portfolio.
24
26/01/2021 15:21:21 61 12
bbc
Many comments here about treating our planet better which are perfectly true. The biggest problem though is uncontrolled population growth - that is what fuels ever-increasing demand for more energy, more properties, more food, more goods. Population growth needs to be significantly restrained.......................
36
vk
26/01/2021 15:31:24 12 3
bbc
It's already happening, see what's happening with the fertility rate and global population decline. Might be outweighed by lockdown babies though!
39
26/01/2021 15:33:21 4 10
bbc
Nope, Population growth is not an issue, its resource efficiency, with GMO tech and building up instead of out, I don't see any reason why we could not support 20bn people. Also Every person is not just another mouth to feed, it's another mind to help solve every issue of the day including how to feed 20 bn people and keep the planet liveable.
40
26/01/2021 15:33:24 4 5
bbc
It has been so that's good news.
Now to manage the mega-corporations ripping the earth apart to profit the 0.01%.
60
P2
26/01/2021 16:03:48 3 2
bbc
That’s one view but you could argue that capitalism needs growth and that needs people which is why populations are allowed to grow....all problems stem back to greed really!
109
26/01/2021 17:40:11 1 0
bbc
Although population growth is a major issue, the environmental footprint of the rich is much much greater than that of the poor. Getting the 1% at the top to reduce their footprint by 50% probably has a greater overall impact than getting the poorest 50% to reduce their impact by 1%
132
26/01/2021 19:00:44 1 0
bbc
And along comes something that threatens to reduce world population. What does humanity do? Goes into self-preservation overdrive whilst wailing loudly that humans dying is wrong and shouldn't happen.
158
26/01/2021 20:46:46 1 0
bbc
So Malthus was right 200 hundred years ago?
190
26/01/2021 23:05:09 1 0
bbc
I agree that population growth is causing many problems - in fact, it’s probably gone beyond being controllable. At some point in the future (could be near, could be far, but it will definitely come) we will be forced to work together as a race to survive. Survival will be key, but until then, things will never change and we will continue to fight amongst ourselves over pointless possessions.
14
26/01/2021 14:49:42 7 3
bbc
“The value of companies with better environmental, social and governance profiles increased faster than others during 2020.” The country that increased at all in 2020 ( the ONLY country ) was China. Is he suggesting China follows the environmental, social and governance profile that the world should follow ?
25
26/01/2021 15:23:42 4 0
bbc
Vietnam grow 3.5% in 2020, But I do not see them leading the way either.
26
26/01/2021 15:24:18 3 4
bbc
This virus or something similar could wipe us all out long before any adverse effect from climate change or global pollution
3
26/01/2021 14:20:11 38 7
bbc
We need to realise that perpetual economic growth is the enemy, not what’s desirable (a doctor would describe such growth as cancer). This is what’s driving an increasing population and consumption of resources, behaviour which isn't just fuelling climate change, but arguably brought about this pandemic as well.

Therefore the whole system needs changing to focus on sustainability all round.
27
26/01/2021 15:27:04 1 6
bbc
Growth is to fight entropy, You either grow and move forward or you decay and die, the economy has to grow or we all die as we are the economy. The economy is not some disconnected abstraction, you are apart of it.

we need to be both sustainable and grow or we die, and you can't separate them.
4
26/01/2021 14:25:36 72 6
bbc
Governments, businesses and people need to realise that wealth and population can't keep growing exponentially. Even with environmentally responsible practices we are at some point going to run out of resources or planet for everyone.

We need a new sustainable economic approach and with it a sustainable population for the planet. Being a wealth hoarder is no longer something to be proud of.
28
26/01/2021 15:28:17 5 0
bbc
Agree, population is the bigger problem but maybe a virus of some description will change things. Most economist about 100 years ago thought that war or disease would keep population growth under check
5
26/01/2021 14:25:49 10 2
bbc
Hopefully we will see the importance of hydrogen in this plan. Water is not going to run out soon.
29
26/01/2021 15:29:03 3 1
bbc
In the form of deuterium and tritium, if they will ever get it to work.
Isn’t it ironic that both the virus and climate change come from China? They need to be held to task on the terrible impact they are having on the world. If they don’t listen then we should bomb them. Removed
1
26/01/2021 14:10:37 36 8
bbc
In the end, once we have gorged ourselves on the worlds resources and used them up, we will die out as a species and hopefully something more considerate to the planet will flourish.
31
26/01/2021 15:29:14 0 2
bbc
No the parasites of are species will die out, the productive, the smart, the resourceful will survive. Hopefully in a few years we can go asteroid mining, then resource problems will be over.
32
26/01/2021 15:29:52 9 1
bbc
One current sustainable trend appears to be that the ultra-rich are buying up farmland like it was on clearance. They believe that controlling food production is very important. Bill Gates and Jeff Bezos are large farmers apparently.
42
26/01/2021 15:35:31 5 4
bbc
At the moment it is the only thing worth investing is as governments have all but destroyed or restricted anything else worth investing in.
123
26/01/2021 18:32:22 0 0
bbc
Also, there are tax benefits. In the UK:
“You can pass on some agricultural property free of Inheritance Tax, either during your lifetime or as part of your will.”

See UK Government website:
https://www.gov.uk/guidance/agricultural-relief-on-inheritance-tax
209
27/01/2021 08:39:45 0 0
bbc
do you have any proof of that? or did stacey on facebook tell you that (in which case it has to be true!)
33
26/01/2021 15:28:51 0 1
bbc
..... second last word should be "it's" -- otherwise all good!
34
26/01/2021 15:30:47 2 1
bbc
In other words carrying out the WEF's reset agenda .
35
26/01/2021 15:30:53 18 4
bbc
Spin & BS to take advantage, never trust an investment banker.
41
26/01/2021 15:34:02 14 1
bbc
Even the ones managing your private pension pot?
24
26/01/2021 15:21:21 61 12
bbc
Many comments here about treating our planet better which are perfectly true. The biggest problem though is uncontrolled population growth - that is what fuels ever-increasing demand for more energy, more properties, more food, more goods. Population growth needs to be significantly restrained.......................
36
vk
26/01/2021 15:31:24 12 3
bbc
It's already happening, see what's happening with the fertility rate and global population decline. Might be outweighed by lockdown babies though!
111
26/01/2021 17:42:33 3 1
bbc
This is answer - that allows you to look away from your own behaviour - is complacent and shameful.

Repeating your expression 'global population decline' 12 times doesn't turn bollocks into truth. The human population has been rising by 200,000 of us every single bloody day for years while berks like you spout this guff.

2 million Covid-19 deaths has stopped us for 10 days in the whole past yr.
129
26/01/2021 18:55:12 4 0
bbc
Still not enough if you want people to think you are serious about environmental impact.

All incentives to have children should be removed, steadily.

The world worked fine when the population was 3bn. And it can do so again.
215
27/01/2021 09:20:23 1 0
bbc
Recent studies point to a 2021 "baby bust" in the UK, as a result of the poor outlook for many people's finances. Presumably that translates to other economies where Covid has had a major impact, and birth control is readily available.

Plus nearly a year into juggling homeschooling whilst working, every parent I know has no desire to add to their brood!!
11
26/01/2021 14:48:37 35 8
bbc
The world’s 10 richest people have amassed £400bn since the start of the pandemic.
37
vk
26/01/2021 15:33:12 12 0
bbc
Their assets increased in value, mostly shares in their businesses, that's like saying your house price has gone up. Useless until you decide to be homeless.
54
26/01/2021 15:54:40 3 2
bbc
I realise it's not cash in the bank, my comment was simply pointing to those at the top amassing even more wealth during a pandemic.
7
MVP
26/01/2021 14:35:05 16 7
bbc
This is positive from Blackrock.

It needs someone with their clout to be able to drive real change. Mr Fink should be applauded for this.
24
26/01/2021 15:21:21 61 12
bbc
Many comments here about treating our planet better which are perfectly true. The biggest problem though is uncontrolled population growth - that is what fuels ever-increasing demand for more energy, more properties, more food, more goods. Population growth needs to be significantly restrained.......................
39
26/01/2021 15:33:21 4 10
bbc
Nope, Population growth is not an issue, its resource efficiency, with GMO tech and building up instead of out, I don't see any reason why we could not support 20bn people. Also Every person is not just another mouth to feed, it's another mind to help solve every issue of the day including how to feed 20 bn people and keep the planet liveable.
51
26/01/2021 15:49:32 10 0
bbc
Goodman,
Do you own a pr factory or something?
We’re is all this resource efficiency going to come from? More roads, more large buildings, more energy use, more soil destruction?
A continuous building programme until the limit of 20b is reached and then slam the breaks on? Can all these people have dogs and unspoilt places to holiday? How many species will it cost? What will we make things of?
221
27/01/2021 10:10:57 0 0
bbc
you obviously dont live in Croydon where the whole world are being stuffed into on a daily basis...near East Croydon you can hardly see the sky where they keep building more and more......so no population growth is the issue
24
26/01/2021 15:21:21 61 12
bbc
Many comments here about treating our planet better which are perfectly true. The biggest problem though is uncontrolled population growth - that is what fuels ever-increasing demand for more energy, more properties, more food, more goods. Population growth needs to be significantly restrained.......................
40
26/01/2021 15:33:24 4 5
bbc
It has been so that's good news.
Now to manage the mega-corporations ripping the earth apart to profit the 0.01%.
35
26/01/2021 15:30:53 18 4
bbc
Spin & BS to take advantage, never trust an investment banker.
41
26/01/2021 15:34:02 14 1
bbc
Even the ones managing your private pension pot?
45
26/01/2021 15:39:10 5 0
bbc
Most of all managing my pension pot, keep an eye on those management fees.
32
26/01/2021 15:29:52 9 1
bbc
One current sustainable trend appears to be that the ultra-rich are buying up farmland like it was on clearance. They believe that controlling food production is very important. Bill Gates and Jeff Bezos are large farmers apparently.
42
26/01/2021 15:35:31 5 4
bbc
At the moment it is the only thing worth investing is as governments have all but destroyed or restricted anything else worth investing in.
74
26/01/2021 16:35:59 1 1
bbc
They’re not buying it because ‘it’s worth investing in’. They’re buying because they have an interest in controlling the supply of food.
15
26/01/2021 14:50:11 11 11
bbc
Why did Global Warming change to Climate Change ? Global Warming is/was based on very small selected data sets and was losing credibility. It ignored periods such as the Jurassic period when the earth was much warmer than now . Climate Change is much more convenient . The earth's climate has continued to changed every millisecond since the earth came into existence. Easy to blame someone.
43
26/01/2021 15:35:54 5 5
bbc
In the 1960's both terms were used at the same time.
There has never been a loss of credibility, the predictions have been bang on since then, probably at the more alarming end of the scale.
Where do you get such nonsense?
63
26/01/2021 16:17:42 3 1
bbc
Call it what you want but the simple FACT is...

We as human beings and flourishing societies (ok some not so flourishing) are only here today BECAUSE we live in an era of planetary warming.

Had the planet not begun to warm then the last great Ice Age would never have ended and none of us would be here let alone the world we have built.

Get used to that simple fact & nothing we do can stop it...
44
26/01/2021 15:38:38 35 6
bbc
Too many people.. we need to restrict birth rate. Only 2 per woman would do it, the population would gradually decline as some die young and some choose not to have kids. Can't see that happening world wide though. The Human race is doomed and the planet won't care.
46
26/01/2021 15:41:05 11 18
bbc
Look up the facts. It is already happening.
161
26/01/2021 21:06:44 2 0
bbc
We need to support education and development in the places with growing populations. The moment you educate women, give someone a stake in the economic game, you stop them needing to breed to give themselves a chance in life.
41
26/01/2021 15:34:02 14 1
bbc
Even the ones managing your private pension pot?
45
26/01/2021 15:39:10 5 0
bbc
Most of all managing my pension pot, keep an eye on those management fees.
182
26/01/2021 22:46:00 1 0
bbc
Damn I thought these investment managers and actuaries came into their offices every day on a voluntary basis to look after our hard earned dosh and make life good in our dotage. Are you telling me they might be more in it for themselves? Surely not.
44
26/01/2021 15:38:38 35 6
bbc
Too many people.. we need to restrict birth rate. Only 2 per woman would do it, the population would gradually decline as some die young and some choose not to have kids. Can't see that happening world wide though. The Human race is doomed and the planet won't care.
46
26/01/2021 15:41:05 11 18
bbc
Look up the facts. It is already happening.
57
26/01/2021 16:00:07 3 0
bbc
And please quote the source of your "data"
88
26/01/2021 16:50:42 5 0
bbc
Not where it should be though!
19
26/01/2021 14:56:02 4 0
bbc
"Last week, the Church of England dumped shares in FTSE stalwart BP despite the new bosses pledges to make the energy company carbon neutral by 2050."

I had to re-read that, twice. Thought I was imagining things.
47
26/01/2021 15:43:42 4 1
bbc
It's actually the Church of England that is based on imaginary things. An irrelevant organisation.
19
26/01/2021 14:56:02 4 0
bbc
"Last week, the Church of England dumped shares in FTSE stalwart BP despite the new bosses pledges to make the energy company carbon neutral by 2050."

I had to re-read that, twice. Thought I was imagining things.
48
26/01/2021 15:45:39 1 0
bbc
Don't forget they have their own inhouse oilman.
11
26/01/2021 14:48:37 35 8
bbc
The world’s 10 richest people have amassed £400bn since the start of the pandemic.
49
26/01/2021 15:46:23 5 1
bbc
Not really. What has happened is that Governments have debased the value of everything else. It's not the same thing.
50
26/01/2021 15:47:34 2 1
bbc
Pardon me, I know that climate change is big issue, but just at moment I feel much more confidence about saving planet than solving devastation and broken lives Covid19 is going to cause us
70
26/01/2021 16:34:26 3 2
bbc
Not much point in saving the world from Covid if we continue with our current policies towards climate change.
39
26/01/2021 15:33:21 4 10
bbc
Nope, Population growth is not an issue, its resource efficiency, with GMO tech and building up instead of out, I don't see any reason why we could not support 20bn people. Also Every person is not just another mouth to feed, it's another mind to help solve every issue of the day including how to feed 20 bn people and keep the planet liveable.
51
26/01/2021 15:49:32 10 0
bbc
Goodman,
Do you own a pr factory or something?
We’re is all this resource efficiency going to come from? More roads, more large buildings, more energy use, more soil destruction?
A continuous building programme until the limit of 20b is reached and then slam the breaks on? Can all these people have dogs and unspoilt places to holiday? How many species will it cost? What will we make things of?
52
MVS
26/01/2021 15:53:25 5 1
bbc
There is much wrong with how Capitalism has evolved over the past 50 years, and the control that a very few people have over the levers of power, but...I still cannot see a better system on the horizon to replace it with.
A bit more effort on behalf of US and EU to curtail some of the behemoths from exercising monopoly controls on some markets would be a good start.
71
26/01/2021 16:34:53 3 1
bbc
We don’t really have capitalism. The government in the US and UK has got gradually bigger and bigger as time has elapsed. This continuing burden on the private sector is actually detrimental to society in the long-term.
93
26/01/2021 17:04:56 1 0
bbc
Yes exactly - that is a big difference between capitalism, and monopoly and financialized capitalism which is what we have now.
53
26/01/2021 15:54:17 5 0
bbc
The article seems like a rehash of a quote about not wasting a good crisis. We also need to update the other old capitalism favourite to "Buy shares when there is Covid in the streets".
37
vk
26/01/2021 15:33:12 12 0
bbc
Their assets increased in value, mostly shares in their businesses, that's like saying your house price has gone up. Useless until you decide to be homeless.
54
26/01/2021 15:54:40 3 2
bbc
I realise it's not cash in the bank, my comment was simply pointing to those at the top amassing even more wealth during a pandemic.
66
26/01/2021 16:26:59 6 0
bbc
Those at the very top will always amass wealth in good or bad times, it's the very reason they have that wealth to begin with as they take advantage of every situation to make themselves wealthier...

At the end of the day does it matter how much wealth they have, they all die in the end just like everyone else and their wealth wont prevent that or be of any good to them in the end...
146
Bob
26/01/2021 20:07:16 1 0
bbc
And as someone who doesn't spend all of my income my bank balance has also increased during the pandemic. The point is what exactly?

Owners of profitable companies continue to make a profit, who knew.
9
26/01/2021 14:43:25 2 5
bbc
Humans have spent years destroying the planet. The planet, in the shape of viruses will destroy humans
55
MVS
26/01/2021 15:57:41 3 1
bbc
Humans have hardly made a tiny dent in the planet's history. It was here for millions of years before we arrived and will be here for millions of years after we have departed.
56
26/01/2021 15:59:44 15 1
bbc
Fink identifies a positive to come out of the pandemic.

Well I can identify a positive as a result of climate change?.................The English Channel!

Let's also not forget that the greatest initiative to cut the carbon footprint was inadvertently carried out by China.................. the one-child policy has reduced the growth in their population by 200 million over two generations
106
Rob
26/01/2021 17:26:31 3 8
bbc
actually, China's birth rate was already falling rapidly before the one-child policy.

It probably had very little impact on China's population.

Birth rates are falling just about everywhere - but alas consumption (which is the real elephant in the room) is not.
46
26/01/2021 15:41:05 11 18
bbc
Look up the facts. It is already happening.
57
26/01/2021 16:00:07 3 0
bbc
And please quote the source of your "data"
58
26/01/2021 16:00:22 1 0
bbc
Well it has certainly helped demolish the conviction that WFH is impractical, even that faster BB speeds are a prerequisite. That this has been demonstrated to both workers & managers means that there should be fewer arguments between them about what is & isn't possible. I just hope that local & central government got the message too, although I suspect they already knew or should have known.
59
MVS
26/01/2021 16:00:54 24 1
bbc
Humans have hardly made a tiny dent in the Planet Earth's history. It was here for millions of years before we arrived and will be here for millions of years after we have departed.
Too many of us now competing for essential resources are beginning to make it increasingly likely that we will be the authors of our own demise.
24
26/01/2021 15:21:21 61 12
bbc
Many comments here about treating our planet better which are perfectly true. The biggest problem though is uncontrolled population growth - that is what fuels ever-increasing demand for more energy, more properties, more food, more goods. Population growth needs to be significantly restrained.......................
60
P2
26/01/2021 16:03:48 3 2
bbc
That’s one view but you could argue that capitalism needs growth and that needs people which is why populations are allowed to grow....all problems stem back to greed really!
61
26/01/2021 16:03:57 6 6
bbc
Well seeing it's ALL ABOUT MONEY to this Mr Fink.

If he thinks "global warming" is worse than a pandemic that has killed countless people and all but destroyed livelihoods & economies then he's living in Lalaland and probably high on the smell of money.

You could clean up every business & industry there is BUT it wont stop the natural cycle of global warming which is the only reason we are here.
68
26/01/2021 16:30:29 5 3
bbc
Do you truly believe that the current speed of climate change is part of a natural cycle, the planet has seen many ice ages, prolonged droughts and deserts where there were once oceans but the changes are made over hundreds or in some cases thousands of years not in decades like we are seeing now.
92
26/01/2021 17:01:35 3 2
bbc
Are you a climate scientist?
62
26/01/2021 16:14:46 1 1
bbc
China experiencing big inward investment, great shame those investors don't invest in the countries in which they live.
43
26/01/2021 15:35:54 5 5
bbc
In the 1960's both terms were used at the same time.
There has never been a loss of credibility, the predictions have been bang on since then, probably at the more alarming end of the scale.
Where do you get such nonsense?
63
26/01/2021 16:17:42 3 1
bbc
Call it what you want but the simple FACT is...

We as human beings and flourishing societies (ok some not so flourishing) are only here today BECAUSE we live in an era of planetary warming.

Had the planet not begun to warm then the last great Ice Age would never have ended and none of us would be here let alone the world we have built.

Get used to that simple fact & nothing we do can stop it...
6
26/01/2021 14:28:32 8 4
bbc
Unless we all make major changes to how we treat our planet there may come a time, much sooner than we would like, when the survivors begin to envy the dead
64
26/01/2021 16:23:00 2 2
bbc
Planetary warming is a NATURAL occurrence/ cycle that been going on for million of years.

You could clean up ALL industry/ business but it WON'T stop the natural cycle of warming.

The world will get warmer with or without humans & their activities until it goes into it's next cycle of cooling & an Ice Age.

We can clean up the pollution we make BUT WE CAN'T stop the natural cycle of warming...
188
26/01/2021 23:05:57 0 0
bbc
Ok 'Mad' Franko!
207
27/01/2021 08:34:24 0 0
bbc
Irreverent. Nobody is bothered or even taking about the long term natural warming / cooling cycles. As you know, they aren't the problem. You comments could easily mislead the ill informed
65
26/01/2021 16:25:30 5 1
bbc
Hogwash, this bloke goes where the profits are otherwise he doesn't have a business.
Until the takers of this world start giving some back this will just continue, pandemics, natural disasters etc....
Tipping point is coming from which they'll be no return so I hope he's going to enjoy living in his bunker.
54
26/01/2021 15:54:40 3 2
bbc
I realise it's not cash in the bank, my comment was simply pointing to those at the top amassing even more wealth during a pandemic.
66
26/01/2021 16:26:59 6 0
bbc
Those at the very top will always amass wealth in good or bad times, it's the very reason they have that wealth to begin with as they take advantage of every situation to make themselves wealthier...

At the end of the day does it matter how much wealth they have, they all die in the end just like everyone else and their wealth wont prevent that or be of any good to them in the end...
67
26/01/2021 16:27:59 12 4
bbc
Once again the BBC news photo showing at least 8 cooling towers and only one chimney , this in my opinion is sensationalism, I do not know who the scientific correspondent is but I wish he would read a little about coal and oil fired power stations and not show any more misleading photos like this one.
61
26/01/2021 16:03:57 6 6
bbc
Well seeing it's ALL ABOUT MONEY to this Mr Fink.

If he thinks "global warming" is worse than a pandemic that has killed countless people and all but destroyed livelihoods & economies then he's living in Lalaland and probably high on the smell of money.

You could clean up every business & industry there is BUT it wont stop the natural cycle of global warming which is the only reason we are here.
68
26/01/2021 16:30:29 5 3
bbc
Do you truly believe that the current speed of climate change is part of a natural cycle, the planet has seen many ice ages, prolonged droughts and deserts where there were once oceans but the changes are made over hundreds or in some cases thousands of years not in decades like we are seeing now.
86
26/01/2021 16:47:39 1 2
bbc
I suspect that the poster is a mate of Piers Corbyn and his anti vaxxers.
134
26/01/2021 19:14:16 1 0
bbc
Simple fact as proven by the geological record is that cycle of warming and cold have been going on since the planets crust formed and developed an atmosphere.

The fact that only a few thousand years ago the Sahara for example was a green oasis and is now mostly desert is due to NATURAL change & not industrial man made pollution prove that.

It's not what I simply believe it's just PROVEN FACT...
69
26/01/2021 16:31:40 5 1
bbc
Whilst I agree we should all be more considerate of the environment I am not sure rolling out the WEF’s ‘build back better’ or ‘reset’ agenda is the best strategy. People have to realise if we want to reset from capitalism (which we don’t really have now, Gov spending as a poch of GDP is 50%) , it will come with the loss of private property, individual freedoms and living-standards.
90
26/01/2021 16:59:49 1 3
bbc
Not sure why you say private property? But certainly we need to curb our individual freedom to destroy the planet. 'Individual freedoms' is often just a fancy way of saying 'being selfish'
50
26/01/2021 15:47:34 2 1
bbc
Pardon me, I know that climate change is big issue, but just at moment I feel much more confidence about saving planet than solving devastation and broken lives Covid19 is going to cause us
70
26/01/2021 16:34:26 3 2
bbc
Not much point in saving the world from Covid if we continue with our current policies towards climate change.
52
MVS
26/01/2021 15:53:25 5 1
bbc
There is much wrong with how Capitalism has evolved over the past 50 years, and the control that a very few people have over the levers of power, but...I still cannot see a better system on the horizon to replace it with.
A bit more effort on behalf of US and EU to curtail some of the behemoths from exercising monopoly controls on some markets would be a good start.
71
26/01/2021 16:34:53 3 1
bbc
We don’t really have capitalism. The government in the US and UK has got gradually bigger and bigger as time has elapsed. This continuing burden on the private sector is actually detrimental to society in the long-term.
96
26/01/2021 17:10:04 0 0
bbc
Quite the reverse. It is the corporations that have got bigger and bigger - Apple, Google, Facebook, and you can't vote them out like you can your government. Governments have to do what corporations say. The EU is the only organisation that is prepared to stand up to them. (I know no-one here will believe this - but try some actual research)
7
MVP
26/01/2021 14:35:05 16 7
bbc
This is positive from Blackrock.

It needs someone with their clout to be able to drive real change. Mr Fink should be applauded for this.
72
26/01/2021 16:34:55 1 0
bbc
Mr Fink is now a very wealthy man off the back of asset stripping and investing in non-eco friendly companies.
He only makes these comments as he is in a position to do so but he won't make a personal sacrifice to make a difference he'll wait for govt's to legislate change so he can make more money.
And I benefited from this parasites funds as well until I knew better.
73
26/01/2021 16:35:56 4 1
bbc
About sums it up really, the rich liberal globalists see this as a necessary inconvenience, it does not really affect them, meanwhile millions have their lives destroyed. Covid may get you if you are
vulnerable, if not, lockdowns more likely to finish you off. But you are replaceable with cheap labour from migrants
42
26/01/2021 15:35:31 5 4
bbc
At the moment it is the only thing worth investing is as governments have all but destroyed or restricted anything else worth investing in.
74
26/01/2021 16:35:59 1 1
bbc
They’re not buying it because ‘it’s worth investing in’. They’re buying because they have an interest in controlling the supply of food.
17
26/01/2021 14:54:38 17 2
bbc
GDP needs to be replaced by GPI (Genuine Progress Indicator).
75
Tim
26/01/2021 16:36:56 6 0
bbc
Perfect - I think Martin is very sensible.
14
26/01/2021 14:49:42 7 3
bbc
“The value of companies with better environmental, social and governance profiles increased faster than others during 2020.” The country that increased at all in 2020 ( the ONLY country ) was China. Is he suggesting China follows the environmental, social and governance profile that the world should follow ?
76
26/01/2021 16:37:35 0 0
bbc
South East Asia’s coal consumption was up significantly from 2019 to 2020 as well.
4
26/01/2021 14:25:36 72 6
bbc
Governments, businesses and people need to realise that wealth and population can't keep growing exponentially. Even with environmentally responsible practices we are at some point going to run out of resources or planet for everyone.

We need a new sustainable economic approach and with it a sustainable population for the planet. Being a wealth hoarder is no longer something to be proud of.
77
26/01/2021 16:38:16 2 0
bbc
Hi Klaus Schwab
78
26/01/2021 16:40:08 16 3
bbc
insanely rich man,tells other insanely rich men.we could earn off this pandemic rodney,this time next year we could be more insanely rich.
213
27/01/2021 09:12:51 1 0
bbc
All Blackrock can see is a gamed system which will see another flood of subsidies into the renewables scam. They intend to get their snouts in the trough.
The fake climate emergency is going to be very profitable for them and gleeful green activists are too dumb to realise they are being used.
11
26/01/2021 14:48:37 35 8
bbc
The world’s 10 richest people have amassed £400bn since the start of the pandemic.
79
26/01/2021 16:41:46 3 0
bbc
No they haven't. The value of their share holdings has risen significantly. But it is a imaginary till they try to sell it, but it is only worth so much because they aren't selling it. It is not real money, just a potential value tht will never be realised. .
80
26/01/2021 16:44:22 1 0
bbc
Dear Mr Elite go on I dare you.
81
26/01/2021 16:46:33 23 4
bbc
He's got a point, population needs reducing, not by 100,000 or so, but a few million, in the uk alone
87
26/01/2021 16:48:47 16 16
bbc
Looks like Brexit has gone some way to helping with that. One of many reasons I backed it.
89
26/01/2021 16:53:39 4 4
bbc
Not it doesn't. Its not the size that matters its the composition. You could have a small population with a high percentage of over 70s which would be unsustainable, or you could have a larger population with a higher proportion of working age adults which would be sustainable. Working age adults pay taxes for hospitals and care etc., old people don't, even though they are lovely.
Let’s hope you contribute to it Removed
95
OwO
26/01/2021 17:09:33 1 3
bbc
Go on then, tell us all your master plan whereby this somehow happens.
108
26/01/2021 17:38:37 0 0
bbc
Population; people and dogs.
22
sfc
26/01/2021 15:13:41 16 7
bbc
The wealthier a country is the lower the birth rate. look at the statistics. Then use your brain!! This is a benefit of economic growth!!!
82
26/01/2021 16:44:31 7 0
bbc
It is about education, particularly women's education, and culture, not so much wealth. Some cultures even today insist on keeping their women ignorant.
83
26/01/2021 16:47:10 6 3
bbc
Is there anyone here who doesn’t think the lockdown response to Covid has killed us all and ruined the many years of our lives left to live.
100
Rob
26/01/2021 17:18:57 3 1
bbc
Covid and Brexit are small beer compared to the economic cost, and threat to liberty, of climate change.

That's why even 'line-my-pockets-first' financiers have finally acknowledged that their futures are under threat. And the richer you are, the more you can insulate yourself from reality. If you get my point.
105
AMc
26/01/2021 17:26:21 1 1
bbc
Oh get a grip. Had the lockdowns not been implemented the figure would have been in the many hundreds of thousands.

It beggars belief that some idiots still don't get it.
84
26/01/2021 16:49:01 32 4
bbc
Economic growth has been a Ponzi scheme requiring more consumption and a bigger population. Time to change the model.....
110
26/01/2021 17:40:43 8 8
bbc
Only one problem with your statement - it is completely wrong where population is concerned. If you look at actual evidence, the rich countries have the lowest birth rates. It is poverty which drives population growth and economic growth reduces it.

As for consumption no one is forcing you to buy things. Although you cannot have excess consumption without money!
112
26/01/2021 17:51:37 2 0
bbc
Spot on! - and while this understanding continues to elude the greater part of the population, we'll continue on our path to doom.

So since we aren't smart enough to act for ourselves (just as we weren't capable of cutting plastic bag use till the charge arrived) it requires leadership to cut subsidies for kids (child benefit) and to make having more than 2 kids as unfashionable as smoking now is
85
26/01/2021 16:50:01 0 3
bbc
A sensible comment at last
FOLLOW THE MONEY !!!
68
26/01/2021 16:30:29 5 3
bbc
Do you truly believe that the current speed of climate change is part of a natural cycle, the planet has seen many ice ages, prolonged droughts and deserts where there were once oceans but the changes are made over hundreds or in some cases thousands of years not in decades like we are seeing now.
86
26/01/2021 16:47:39 1 2
bbc
I suspect that the poster is a mate of Piers Corbyn and his anti vaxxers.
135
26/01/2021 19:17:46 1 0
bbc
As with most folk who make unfounded assumptions then sadly for you , you're wrong... very wrong...

Can't wait to get my vaccine and I have no idea who "Piers Corbyn" is, nor do I care who he is or was...

That's the thing about making unfounded assumptions it often make the one doing so look rather foolish...
81
26/01/2021 16:46:33 23 4
bbc
He's got a point, population needs reducing, not by 100,000 or so, but a few million, in the uk alone
87
26/01/2021 16:48:47 16 16
bbc
Looks like Brexit has gone some way to helping with that. One of many reasons I backed it.
104
26/01/2021 17:25:57 6 4
bbc
The only impact Brexit will have is the origin of migration. Fewer Romanian nurses but more Filipino ones. The Bulgarians will be here in the summer picking Fruit and Veg. Chinese in the fishing industry. More Indians in IT less from the Baltic countries. Maybe North Africans in the care sector other than eastern Europeans. UK needs to import workers as not enough people here to do the jobs.
46
26/01/2021 15:41:05 11 18
bbc
Look up the facts. It is already happening.
88
26/01/2021 16:50:42 5 0
bbc
Not where it should be though!
81
26/01/2021 16:46:33 23 4
bbc
He's got a point, population needs reducing, not by 100,000 or so, but a few million, in the uk alone
89
26/01/2021 16:53:39 4 4
bbc
Not it doesn't. Its not the size that matters its the composition. You could have a small population with a high percentage of over 70s which would be unsustainable, or you could have a larger population with a higher proportion of working age adults which would be sustainable. Working age adults pay taxes for hospitals and care etc., old people don't, even though they are lovely.
69
26/01/2021 16:31:40 5 1
bbc
Whilst I agree we should all be more considerate of the environment I am not sure rolling out the WEF’s ‘build back better’ or ‘reset’ agenda is the best strategy. People have to realise if we want to reset from capitalism (which we don’t really have now, Gov spending as a poch of GDP is 50%) , it will come with the loss of private property, individual freedoms and living-standards.
90
26/01/2021 16:59:49 1 3
bbc
Not sure why you say private property? But certainly we need to curb our individual freedom to destroy the planet. 'Individual freedoms' is often just a fancy way of saying 'being selfish'
81
26/01/2021 16:46:33 23 4
bbc
He's got a point, population needs reducing, not by 100,000 or so, but a few million, in the uk alone
91
bbc
Let’s hope you contribute to it Removed
61
26/01/2021 16:03:57 6 6
bbc
Well seeing it's ALL ABOUT MONEY to this Mr Fink.

If he thinks "global warming" is worse than a pandemic that has killed countless people and all but destroyed livelihoods & economies then he's living in Lalaland and probably high on the smell of money.

You could clean up every business & industry there is BUT it wont stop the natural cycle of global warming which is the only reason we are here.
92
26/01/2021 17:01:35 3 2
bbc
Are you a climate scientist?
136
26/01/2021 19:18:36 1 0
bbc
Nope, are you...

Do tell though what was the point you failed to make there ???
52
MVS
26/01/2021 15:53:25 5 1
bbc
There is much wrong with how Capitalism has evolved over the past 50 years, and the control that a very few people have over the levers of power, but...I still cannot see a better system on the horizon to replace it with.
A bit more effort on behalf of US and EU to curtail some of the behemoths from exercising monopoly controls on some markets would be a good start.
93
26/01/2021 17:04:56 1 0
bbc
Yes exactly - that is a big difference between capitalism, and monopoly and financialized capitalism which is what we have now.
94
26/01/2021 17:05:52 5 3
bbc
Just setting up the next ponzi scheme - forcing people to pay over the odds to "go green"

by forcing people to change their cars and heating whether they need to or not, and if you can't afford it tough
97
26/01/2021 17:12:05 6 3
bbc
Remember paying over the odds for organic veg? Same old con tricks, but this time to a factor of ten squared. Larry Fink and the rest of the finks reckon they're on to big bucks. They care about no-one except themselves.
81
26/01/2021 16:46:33 23 4
bbc
He's got a point, population needs reducing, not by 100,000 or so, but a few million, in the uk alone
95
OwO
26/01/2021 17:09:33 1 3
bbc
Go on then, tell us all your master plan whereby this somehow happens.
71
26/01/2021 16:34:53 3 1
bbc
We don’t really have capitalism. The government in the US and UK has got gradually bigger and bigger as time has elapsed. This continuing burden on the private sector is actually detrimental to society in the long-term.
96
26/01/2021 17:10:04 0 0
bbc
Quite the reverse. It is the corporations that have got bigger and bigger - Apple, Google, Facebook, and you can't vote them out like you can your government. Governments have to do what corporations say. The EU is the only organisation that is prepared to stand up to them. (I know no-one here will believe this - but try some actual research)
94
26/01/2021 17:05:52 5 3
bbc
Just setting up the next ponzi scheme - forcing people to pay over the odds to "go green"

by forcing people to change their cars and heating whether they need to or not, and if you can't afford it tough
97
26/01/2021 17:12:05 6 3
bbc
Remember paying over the odds for organic veg? Same old con tricks, but this time to a factor of ten squared. Larry Fink and the rest of the finks reckon they're on to big bucks. They care about no-one except themselves.
98
AMc
26/01/2021 17:15:53 6 1
bbc
The awful truth is that the only way we stand of reversing the damage we're doing is reducing human population by at least 50%, but of course that will not happen, well at least not by our hand. Mother nature one way or another will do that for us

The planet will survive and indeed thrive once we're gone, human life will have been a mere blip on the multi billion year cycle of this blue gemstone
186
26/01/2021 23:02:48 0 0
bbc
Good job there are so many other options out their in the universe otherwise we might mostly sit on this beautiful planet and fear everything then die. The worst case scenario?
4
26/01/2021 14:25:36 72 6
bbc
Governments, businesses and people need to realise that wealth and population can't keep growing exponentially. Even with environmentally responsible practices we are at some point going to run out of resources or planet for everyone.

We need a new sustainable economic approach and with it a sustainable population for the planet. Being a wealth hoarder is no longer something to be proud of.
99
AMc
26/01/2021 17:16:14 9 0
bbc
The awful truth is that the only way we stand of reversing the damage we're doing is reducing human population by at least 50%, but of course that will not happen, well at least not by our hand. Mother nature one way or another will do that for us

The planet will survive and indeed thrive once we're gone, human life will have been a mere blip on the multi billion year cycle of this blue gemstone.
212
27/01/2021 09:07:05 0 0
bbc
I agree, let's just hope we won't manage to turn our planet into some Martian landscape
83
26/01/2021 16:47:10 6 3
bbc
Is there anyone here who doesn’t think the lockdown response to Covid has killed us all and ruined the many years of our lives left to live.
100
Rob
26/01/2021 17:18:57 3 1
bbc
Covid and Brexit are small beer compared to the economic cost, and threat to liberty, of climate change.

That's why even 'line-my-pockets-first' financiers have finally acknowledged that their futures are under threat. And the richer you are, the more you can insulate yourself from reality. If you get my point.