CelloMom On CarsJun 22, 2023

"Some argue that rapidly scaling back #FossilFuel production would leave billions of pounds of “stranded assets”, [and] would impoverish the public through a fall in the value of #savings and #PensionFunds.

The study found that in high-income countries two-thirds of the financial losses would be borne by the most affluent 10%.

Just 3.5% of financial losses from #StrandedAssets would affect the poorest half of Americans & could easily be compensated for by government."

https://www.theguardian.com/environment/2023/jun/22/fossil-fuel-assets-loss-study

Loss of fossil fuel assets would not impoverish general public, study finds

Research allays fears that rapid scaling back of production would hit people’s savings and pensions hard

The Guardian
Show threadCelloMom On CarsJun 22, 2023

Finally, the discussion turns to WHO stands to gain or lose by a clean #EnergyTransition.

The owners of #FossilFuel company shares (that is, the affluent and the powerful) stand to lose.

Everyone stands to gain from the stable #climate, the clean air and water.

And the people who are now the most "disadvantaged" (read: whose needs are ignored) have the *most* to gain from cleaning up our energy sources.

THIS is the roadblock to the energy transition.

https://www.theguardian.com/environment/2023/jun/22/fossil-fuel-assets-loss-study

Loss of fossil fuel assets would not impoverish general public, study finds

Research allays fears that rapid scaling back of production would hit people’s savings and pensions hard

The Guardian
Show threadCelloMom On CarsJun 22, 2023

The study ^^ found that in high-income countries two-thirds of the financial losses from #StrandedAssets would be borne by the most affluent 10%.

This is simply because the most affluent 10% have two thirds of the wealth.

Data below from USAFacts
https://usafacts.org/topics/wealth-savings/

US Wealth & Savings Statistics and Data Trends: household wealth, wealth distribution, and more

Find statistics and data trends about wealth and savings in the US. This includes median household net worth, the distribution of overall wealth in the US, homeownership rates, and savings rates.

USAFacts
Show threadCelloMom On CarsJun 23, 2023

We need to emphasize this at every turn: We live in a fossil fueled #austerity now, and can have a clean-energy powered #abundance (borrowing from Rebecca Solnit here).

An abundance of clean air.
An abundance of jobs.
An abundance of community.
Vast savings on health care costs and other averted climate damages.

Let's go!

https://www.motherjones.com/environment/2023/04/electrify-everything-scope-data/

What "electrify everything" actually looks like

Get ready for a US building spree not seen in generations.

Mother Jones
Show threadDoomsdaysCWJun 24, 2023
@CelloMomOnCars Maybe we shouldn't electrify everything -- as in, why not make better non-motorized products? Like push-mowers, line drying, etc. I had a friend in Vermont who lived off the grid. If you wanted to watch TV, you had to peddle a stationary bike hooked up to a generator. We should be doing more of this type of thing, imho.
Show threadCelloMom On CarsJun 24, 2023

@DoomsdaysCW

As much as I agree with you (we use a push mower and sun-drying, have no tv, and locally mostly ride a bike -- and love all this), effecting these changes on a massive scale requires a culture change.

Getting everyone to ditch their car and take the bus or the bike takes culture change.

Culture change takes a long time. Can we pull that off in the time required?

My town's bike committee has been there for six decades and all we got is a bunch of sharrows.

Show threadKyle Memoir 🍉🐧Jun 24, 2023

@CelloMomOnCars @DoomsdaysCW

Exactly correct.

But culture change starts with education, and our educational system wants (by will of the hard nutjob right and imbecile middle of the electorate) nothing to do with it.

Here in Ontario, the plan is to return to teaching 'cursive' handwriting instead of starting to educate the next generation on how they will need to think and to live in order to simply survive.

Show threadAdam MillerJun 24, 2023

@f800gecko @CelloMomOnCars @DoomsdaysCW

I feel like we're all making too big a deal on the cursive deal. I don't know that it'll massively impact other things that they teach, and frankly, knowing DoFo and his ilk, I'm more concerned about whatever else he's doing right now that this cursive note is meant to distract us from.

Show threadDoomsdaysCWJun 24, 2023
I disagree. If we lose the ability to read and write in cursive, we won't be able to read handwritten historical records. Also, cursive engages the right side of the brain. @adammiller @f800gecko @CelloMomOnCars
Show threadAdam MillerJun 24, 2023

@DoomsdaysCW @f800gecko @CelloMomOnCars I actually like the cursive addition, more an issue of now everyone seems to be arguing about it when there are many more things we should be fighting Ford on.

This is his classic MO, do something small but that will get an argument going about the small thing, and people (and more importantly the media) will lean into that.

Show threadDoomsdaysCWJun 24, 2023
Well, Ford's intent is a whole other can of worms. But just to say that critical thinking skills and brain development are our best weapons against propaganda and divisiveness. @adammiller @f800gecko @CelloMomOnCars
Show threadKyle Memoir 🍉🐧Jun 24, 2023

@DoomsdaysCW @adammiller @CelloMomOnCars

IMHO, enhanced music programming and objectives would have all these benefits and more. But that's just me.

Show threadAdam Miller

@f800gecko @DoomsdaysCW @CelloMomOnCars

They would, and they're also more expensive to set up in pretty much every resource category I can think of.

Again, all of this, to me, points at it being even more of a thing that Ford is doing as a distraction. This is relatively easy/cheap to implement, plays to his base who wants the "good ol' days" to return, does have some benefit for kids, and will absolutely cause a ton of arguing.

Jun 24, 2023 at 3:59pmWeb