European Investment Bank Will Stop Funding Fossil Fuel Projects by the End of 2020
The European Investment Bank building (left) across from the European Court of Justice in Luxembourg. Westend61 / Getty Images
When the calendar turns over to 2021, fossil fuel companies won't have the European Investment Bank (EIB) to turn to for loans anymore. The EU's lending arm has decided to use its money to help stop the climate crisis by no longer funding fossil fuel projects and to ramp up its investments in clean energy, according to Bloomberg.
The EIB's plans will stop companies that rely on coal, oil or gas in their infrastructure projects from applying for funding. The move dovetails with the EU's sense of urgency in stopping the global climate crisis that has the continent sweltering this summer under record-setting temperatures. Besides the heat, European countries have also seen an increase in storms and floods linked to the climate crisis, which fossil fuels contribute to.
"These types of projects will not be presented for approval to the EIB Board beyond the end of 2020," said the EIB's strategy paper, as Reuters reported.
The EIB's strategy paper laid out its focus on long-term investments that aligns with the Paris agreement, which aims to cap a global rise in temperatures at 1.5 degrees Celsius above 1990 levels.
"This transition will be profound. Solidarity is required to ensure that potentially vulnerable groups or regions are supported," the report said, as The Guardian reported.
The bank plans to create an energy transitions fund to support projects that will help member states transition to cleaner energy. The strategy paper sets a markedly different strategy for the lender, which has heavily funded fossil fuel projects for the past six decades, including the Transadriatic gas pipeline and oil storage facilities in Cyprus.
The move away from fossil fuels comes after a growing wave of pressure bearing down on financial institutions to cut their ties to projects that increase greenhouse gas emissions.
In June, for example, 80 civil society organizations and academics published an open letter to the EIB demanding that it end its fossil fuel financing, which was nearly $3 billion in 2018. The letter accused the bank of "lagging behind the science" underpinning the climate crisis, according to The Guardian.
Environmental activists praised the EIB's plan.
"The EIB's proposal to end financing for fossil fuels by 2020 is a massive step forward in climate leadership," said Alex Doukas, from Oil Change International, as The Guardian reported. "With this move, the world's largest multilateral lender is now poised to leave oil, gas and coal in the past. The EU member states who control the bank must now stand behind the EIB's ambitious climate vision, and other financial institutions should quickly follow suit to stop funding fossils."
Colin Roche, a campaigner at Friends of the Earth Europe called the proposal is "a crack of light in the darkness," as The Guardian reported. "While the EU and national governments are floundering as the planet burns, the EU's public bank has made the brave, correct and just proposal to stop funding fossil fuel projects. We are now urging the European Investment Bank's board to endorse this step forward, and ensure there are no loopholes for fossil fuel funding."
The EIB board, which is made up mostly of EU finance ministers, will discuss the proposals at a meeting in September, though a final decision could take longer, according to Reuters.
EU Aims to Tackle Climate Change With Newly Adopted 'Green Finance' Guidelines https://t.co/9kMKRXWoRo #Climatechange #Sustainability #Renewableenergy pic.twitter.com/dHRPInykCX
— Renewable Search (@RenewableSearch) June 19, 2019
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Colette Pichon Battle, attorney, founder, and executive director of the Gulf Coast Center for Law & Policy. Colette Pichon Battle
By Karen L. Smith-Janssen
Colette Pichon Battle gave a December 2019 TEDWomen Talk on the stark realities of climate change displacement, and people took notice. The video racked up a million views in about two weeks. The attorney, founder, and executive director of the Gulf Coast Center for Law & Policy (GCCLP) advocates for climate justice in communities of color. Confronted with evidence showing how her own South Louisiana coastal home of Bayou Liberty will be lost to flooding in coming years, the 2019 Obama Fellow dedicates herself to helping others still reeling from the impacts of Katrina face the heavy toll that climate change has taken—and will take—on their lives and homelands. Her work focuses on strengthening multiracial coalitions, advocating for federal, state, and local disaster mitigation measures, and redirecting resources toward Black communities across the Gulf South.
<h4>How did Hurricane Katrina—which <a href="https://2009-2017.state.gov/documents/organization/150082.pdf" target="_blank" rel="noopener noreferrer">displaced more than 1 million people</a> in the Gulf region—propel your work, and how does it shape your mission today?</h4><p>I got into this work in the aftermath of the hurricane in 2005, and it's been 15 years as of August 29. Katrina was a massive disaster that I felt compelled to respond to. It was my hometown. I stayed because I began to understand how that disaster was a manifestation of a global climate reality.</p><p>We are anchoring the <a href="https://m4bl.org/" target="_blank" rel="noopener noreferrer">Movement for Black Lives</a> work that's centered around a national black climate agenda, and part of that will include in-depth communications to bring climate into the realm of Black lives—into communities that have been marginalized and targeted by our colonizing system. Part of our work is to begin a process of acknowledging the trauma that comes with being a person of color in this country, being in an environmental justice community and being poisoned every day, and going through a climate disaster. <em>We</em> are on the frontlines.</p>
<h4>How do you help communities heal from this trauma when the underlying problems have not been solved? </h4><p>The most difficult and time-consuming layer is building, healing, and strengthening relationships between different communities and acknowledging that many of us, especially people of color, have been systematically pitted against each other as part of a broader social infrastructure. What does it mean to reconcile these communities with each other? For example, we're making a <a href="https://www.gcclp.org/heal-and-reconcile" target="_blank">Sacred Waters Pilgrimage</a> down the Mississippi River for Black and Indigenous women to address the tensions between those two communities in the U.S. and begin to heal those relationships. In the climate movement, these are the people who are tokenized; it's just assumed they can stand on the frontlines together with no acknowledgment that there's a deep history of mistrust and tension between these groups—not of their own creation, and rooted in colonization. You've got to take some time to understand how the cultures are different and how people are perceived. You've got to reconcile and heal before you can work, and only then can the work that you do together stand. Otherwise, the work that you do together will fall.</p>
<h4>In addition to building coalitions, what kinds of services does the GCCLP provide to help residents cope with the impacts of extreme storms?</h4><p>We started out providing free legal services to folks recovering after a disaster. We are there as service providers but we also offer a political education about what is happening to you and why. We don't just get your <a href="https://www.nrdc.org/resources/going-under-long-wait-times-post-flood-buyouts-leave-homeowners-underwater" target="_blank" rel="noopener noreferrer">FEMA paperwork completed for flood remittance</a>, although that's part of what we'll do. You're also going to leave with an understanding of the frequency of flooding, the climate impacts, and how your area in particular has just been affected and is going to be affected in the future.</p><p>Today, we have four main programs, and in each, we have a level of advocacy within them: We do Equitable Disaster Recovery; Water Equity/Water Economy; <a href="https://www.gcclp.org/copy-of-equitable-disaster-recovery" target="_blank" rel="noopener noreferrer">Sustainable Economy/Energy Democracy</a>; and Land, Labor and Just Transition. Our federal disaster advocacy work centers around the modification and re-envisioning of the Stafford Act, which controls and activates FEMA. We also do some state-level advocacy around mitigation planning here in the five Gulf South states. That involves educating decision makers not just on what the community needs but pointing out what's out there and within our budgetary reach or legislative duty. </p>
<h4>A lot of the initial recovery work following Katrina centered around <a href="https://www.nrdc.org/stories/how-best-rebuild-hurricane-ravaged-city-listen-residents-says-new-orleans-native" target="_blank" rel="noopener noreferrer">building climate-resilient communities</a> that could withstand future storms. Has that work been successful?</h4><p>Over the years, as we've watched people trying to create resilient communities that are more physically ready for the storms that are coming, we've seen it either lead to gentrification or segregation or investment in non-Black, non-Native places. Money never makes it to the frontline. So we've got to put in our own infrastructure systems at the community level, rooted in political education around economy, racialized capitalism, and wealth-building.</p><p>In our understanding of climate change, the economy plays a major (if not <em>the</em> major) role in how we got to this place. The economic philosophy of this country is one of extraction; it's an extractive economy that started with the attempted genocide of Native Americans and the enslavement of Africans, all for profit, power, land, and control. So, we help communities to practice receiving, making decisions about, and distributing money to places where they want to see their dollars go—which is basically holding Black wealth. We help local organizations set up community-controlled funds all across the Gulf South region after every disaster. Yes, the community receives dollars, but they also go through a 12-month process to collectively develop a system of shared governance so that, should this happen again, we have systems of our own around our own money and its destination.</p>
<h4>The practice of "<a href="https://qz.com/1876202/new-flood-risk-maps-could-undermine-marginalized-neighborhoods/" target="_blank" rel="noopener noreferrer">blue-lining</a>" is a new climate-driven threat that withdraws support for vulnerable communities living in high-risk flood areas. How did that manifest in New Orleans after Katrina, and how might it impact other areas?</h4><p>It's happening already in places south of New Orleans where decision makers have understood we will not make it. We're going to lose those areas. My community is one. You watch as <a href="https://www.nrdc.org/stories/our-national-flood-insurance-program-going-underwater" target="_blank" rel="noopener noreferrer">federal flood insurance becomes impossible</a> because of the designations of flood risk by the Army Corps of Engineers. A point comes when you can't even get flood insurance to protect your home. After Katrina, officials said, "Everything below Interstate 10 is pretty much written off so if you live below I-10, you should begin to plan to move."</p><p>I think we're going to see false information about flood lines. On flood maps of south Louisiana, the city of New Orleans is not shown in the flood zone because of the levee system, which was only rebuilt to the standards that failed the first time. As a result, people in New Orleans can get insurance but people south of New Orleans can't.</p>
<h4>How do you reach community members who are not already part of the climate conversation but face climate change impacts in their immediate futures?</h4><p>Outreach is mainly folks just talking to the people they know. And we're part of larger coalitions that help us build new relationships. The problem is that the climate conversation has not yet made it into the daily rhetoric of Black, Indigenous, and brown communities, so giving generic information is not good enough. We're going to do more virtual education because video and social media are just how people get their information now in this COVID reality.</p><p>But the majority of folks we're trying to reach do not sit on a computer all day so there's still the problem of how to make it real. You have to understand that communication is not just words, especially down here in the South. You can sit under a tree next to somebody for a long time without words, yet a lot is actually being communicated, and they can feel that your energy is serious and authentic. I never had a problem communicating urgency to people of the Gulf South. They know I'm from here, that I love this place, and that I wouldn't be taking their time talking like this if it weren't serious.</p>
<p><em>Reposted with permission from <a href="https://www.nrdc.org/stories/connector-gulf-south-15-years-and-counting" target="_blank">Natural Resources Defense Council</a>.</em></p>
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A palm tree plantation in Malaysia. Yann Arthus-Bertrand / Getty Images Plus
Between 2000 and 2013, Earth lost an area of undisturbed ecosystems roughly the size of Mexico.
<p>That's the mind-melting finding of a <a href="https://www.cell.com/one-earth/fulltext/S2590-3322(20)30418-8?_returnURL=https%3A%2F%2Flinkinghub.elsevier.com%2Fretrieve%2Fpii%2FS2590332220304188%3Fshowall%3Dtrue" target="_blank">new study published in One Earth</a> Friday, and the researchers say it has "profound implications" for global <a href="https://www.ecowatch.com/tag/biodiversity" target="_self">biodiversity</a> and for humans who rely on natural resources.</p><p>"We were expecting there to be high levels of intact ecosystem and wilderness loss, but the results were shocking," lead researcher Brooke Williams of the University of Queensland told <a href="https://www.theguardian.com/environment/2020/sep/19/shocking-wilderness-the-size-of-mexico-lost-worldwide-in-just-13-years-study-finds?fbclid=IwAR2XlFeNEaoMktkBPoteocAS4Bi-Kx5dErhWX9qzNB-CZ9VBsBpxmdEMrTw" target="_blank">The Guardian</a>. "We found substantial area of intact ecosystems had been lost in just 13 years – nearly two million square kilometres – which is terrifying to think about. Our findings show that human pressure is extending ever further into the last ecologically intact and wilderness areas."</p>
<p>In total, the researchers found that 1.9 million square kilometers (approximately 700,000 square miles) of previously intact ecosystem area had been "highly modified" during the study period. They also found that 58.4 percent of Earth's land ecosystems were under "moderate or intense" pressure from human activity, while only 41.6 percent of ecosystems were intact and 25 percent were true wilderness.</p><p>The 1.9 million square kilometers lost were mostly tropical and subtropical grasslands in Asia, South America and Africa, according to the <a href="https://newsroom.wcs.org/News-Releases/articleType/ArticleView/articleId/14950/STUDY-Since-2000-A-Mexico-Sized-Chunk-of-Intact-Land-Has-Been-Swallowed-up-by-Humanity.aspx" target="_blank">Wildlife Conservation Society (WCS), which participated in the research</a>. The rainforests of Southeast Asia also suffered significant human encroachments.</p>
<p>To achieve these results, an international team of 17 scientists from six countries used satellite imagery to assess the human footprint on land-based ecosystems and how it had changed between 2000 and 2013, The Guardian explained. The researchers found that human pressure increased on nearly 20 percent of the globe and decreased on only around six percent.</p><p>"Data does not lie," senior author James Watson from WCS and the University of Queensland said in the WCS press release. "Humanity keeps on shrinking the amount of land that other species need to survive. In a time of rapid <a href="https://www.ecowatch.com/climate-change/" target="_self">climate change</a>, we need to proactively secure the last intact ecosystems on the planet, as these are critical in the fight to stop extinction and halt climate change."</p>
<p>The study comes amidst other dire news for <a href="https://www.ecowatch.com/tag/wildlife" target="_self">wildlife</a> and biodiversity. A UN study <a href="https://www.ecowatch.com/nature-destruction-biodiversity-loss-un-2647682550.html" target="_self">released last week</a> found that world governments had failed to achieve any of the 20 targets they had set for preserving biodiversity by 2020. Another study <a href="https://www.ecowatch.com/humans-destroying-wildlife-report-2020-2647567577.html" target="_self">published this month</a> found that wildlife populations had plummeted 68 percent on average over the last 50 years.</p><p>Williams explained to WCS why the loss of intact ecosystems is such a big deal for humans and other animals.</p><p>"Intact lands are relied on by biodiversity for habitat, and by people for ecosystem services such as climate regulation and clean water," Williams said. "We continue to take these last functioning places for granted, and our results show urgent action is needed to protect those lands that do remain intact."</p>
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A home burns during the Bobcat Fire in Juniper Hills, California on September 18, 2020. Kyle Grillot / AFP/ Getty Images
By Stuart Braun
"These are not just wildfires, they are climate fires," Jay Inslee, Governor of Washington State, said as he stood amid the charred remains of the town of Malden west of Seattle earlier this month. "This is not an act of God," he added. "This has happened because we have changed the climate of the state of Washington in dramatic ways."
<p>As megafires devastated the entire West Coast of the U.S., Inslee rejected reference to wildfires since the word implies naturally occurring fires.</p><p>By contrast, the term climate fires explicitly links record-breaking blazes that have burned across California, Oregon and Washington to global heating caused by the burning of coal, oil and gas. </p><p>As California Governor Gavin Newsom inspected the ashen countryside in the county of Oroville in his home state, he doubled down on the source of the fires. "This is a climate damn emergency," he said.</p>
<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDQyNzMwNy9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY1NTY1MzE3OH0.AJoxfvXx3isdh4RDPwAsP3EQ5hROX38poO_ZU9eRBJ4/img.png?width=980" id="eaf1a" class="rm-shortcode" data-rm-shortcode-id="7168b081bbcd14500a8bcef691b4d659" data-rm-shortcode-name="rebelmouse-image" /><p>The pointed link to climate has been partly a response to <a href="https://www.dw.com/en/trump-downplays-climate-concerns-over-deadly-us-wildfires/a-54928125" target="_blank" rel="noopener noreferrer">President's Donald Trump's insistence</a> that poor forest management, not climate change, is to blame for the fires. Meanwhile, <a href="https://www.mediamatters.org/cable-news/cable-news-largely-failed-mention-connection-between-climate-change-and-wildfires-its" target="_blank" rel="noopener noreferrer">research shows</a> barely 13% of broadcast news segments about the West Coast fires during their peak mentioned climate change.</p>
'These Aren't Wildfires'
<p>Sam Ricketts, who led climate policy and strategy for Governor Jay Inslee's 2020 presidential campaign, tweeted on September 11 that "These aren't wildfires. These are #climatefires, driven by fossil fuel pollution."</p><p>"The rate and the strength and the devastation wrought by these disasters are fueled by climate change," Ricketts told DW of fires that have burnt well over 5 million acres across California, Oregon, Washington State, and into neighboring Idaho. </p><p>In a two-day period in early September, Ricketts notes that more of Washington State burned than in almost any entire fire season until now, apart from 2015. </p><p>California, meanwhile, was a tinderbox after its hottest summer on record, with temperatures in Death Valley reaching nearly 130 degrees Fahrenheit, according to the U.S. National Weather Service. It has been reported as the hottest temperature ever measured on Earth.</p><div id="29ad9" class="rm-shortcode" data-rm-shortcode-id="8346fe7350e1371d400097cd48bf45a2"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1306969603180879872" data-partner="rebelmouse"><div style="margin:1em 0">Drought-parched wetlands in South America have been burning for weeks. https://t.co/pjAKdFcKPg #Pantanal https://t.co/ImN2C5vwcp</div> — NASA Earth (@NASA Earth)<a href="https://twitter.com/NASAEarth/statuses/1306969603180879872">1600440810.0</a></blockquote></div><p>As evidenced by Australia's apocalyptic Black Summer of 2019-2020, fires are burning bigger and for longer, with new records set year-on-year. Right now, Brazil's vast and highly biodiverse Pantanal wetlands are suffering from catastrophic fires.</p>
#climatefires Started in Australia
<p>Governor Inslee this month invoked the phrase climate fires for arguably the first time in the U.S., according to Ricketts.</p><p>But the term was also used as fires burnt out of control in Australia in late 2019. In the face of a 2000km (more than 1,200 miles) fire front, and government officials and media who <a href="https://www.dw.com/en/trump-climate-change-denial-emissions-environment-germany-fake-heartland-seibt/a-52688933" target="_blank">played down the link to climate change</a>, Greens Party Senator Sarah Hanson-Young and a friend decided that reference to bushfires was inadequate. </p><p>"We both just said, we've got to start calling them climate fires, that's what they are," the Australian Senator told DW.</p><p>Hanson-Young says scientists have been warning for decades that these would be the effects of global heating. "We've been told these kinds of extreme weather events and destruction is what climate change would look like, and it's right here on our doorstep," she said from her home state of South Australia — where by early September fire warnings had already been issued.</p><p>"Calling them climate fires was making it absolutely crystal clear. It is essential that there's no ambiguity," she said </p><p>Having deliberately invoked the term, Hanson-Young soon started to push it on social media via a #climatefires hashtag. </p>How to Talk About the Urgency of Global Heating
<p>The need to use more explicit language when talking about extreme weather events linked to climate change is part of a broader push to express the urgency of global heating. In 2019, activist Greta Thunberg tweeted that the term "climate change" did not reflect the seriousness of the situation. </p><p>"Can we all now please stop saying 'climate change' and instead call it what it is: climate breakdown, climate crisis, climate emergency, ecological breakdown, ecological crisis and ecological emergency?" she wrote. </p><p>"Climate change has for a long time been talked about as something that is a danger in the future," said Hansen-Young. "But the consequences are already here. When people hear the word crisis, they understand that something has to happen, that action has to be taken."</p><p><span></span>Some terms are now used in public policy, with state and national governments, and indeed the EU Parliament, declaring an official climate emergency in the last year. </p>Words That Reflect the Science
<p>But while the West Coast governors all fervently link the fires to an unfolding climate crisis, U.S. President Donald Trump continues to avoid any reference to climate. In a briefing about the fires, he responded to overtures by Wade Crowfoot, California's Natural Resources Secretary, to work with the states on the climate crisis by stating: "It'll start getting cooler. You just watch." Crowfoot replied by saying that scientists disagreed. Trump rejoined with "I don't think science knows, actually." </p><p>It was reminiscent of the anti-science approach to the coronavirus pandemic within the Trump administration, <a href="https://www.dw.com/en/donald-trump-admits-playing-down-coronavirus-risks/a-54874350" target="_blank" rel="noopener noreferrer">at least publicly</a>. Fossil fuel companies are also benefiting from his disavowal of climate science, with the Trump administration having <a href="https://www.dw.com/en/opinion-trumps-paris-climate-accord-exit-isnt-really-a-problem/a-51124958" target="_blank" rel="noopener noreferrer">pulled out of the Paris Agreement</a> and reopened fossil fuel infrastructure like the Keystone XL pipeline. </p><p>But the science community has responded, with Scientific American magazine endorsing Trump's Democratic presidential challenger Joe Biden, the first presidential endorsement in its 175-year history. </p><p>Hanson-Young says the use of explicit language like climate fires has also been important in Australia due to the climate denialism of politicians and the press, especially in publications owned by Rupert Murdoch. As fires burnt out much of Australia's southeast coast, they were commonly blamed on arson — a tactic also recently used in the U.S.</p>Climate Rhetoric Could Help Decide Election
<p>The language of climate has begun to influence the U.S. presidential election campaign, with Democratic nominee Joe Biden labelling President Trump a "climate arsonist."</p><p>Biden is touting a robust climate plan that includes a 2050 zero emissions target and a return to the Paris Agreement. Though lacking the ambition of The New Green Deal, it has been front and center of his policy platform in recent days, at a time when five hurricanes are battering the U.S. Gulf Coast while smoke blanketing the West Coast spreads all the way to the East. </p><p>People are experiencing the climate crisis in a visceral way and almost universally relate to the language of an emergency, says Ricketts. "They know something is wrong."</p>From Your Site Articles
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World's Richest One Percent Are Producing More Than Double the Carbon Emissions as the Bottom 50 Percent
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Climate
A new report from Oxfam found that the wealthiest one percent of the world produced a carbon footprint that was more than double that of the bottom 50 percent of the world. PickPik
A new report from Oxfam found that the wealthiest one percent of the world produced a carbon footprint that was more than double that of the bottom 50 percent of the world, The Guardian reported. The study examined 25 years of carbon dioxide emissions and wealth inequality from 1990 to 2015.
<p>The findings, <a href="https://oxfamilibrary.openrepository.com/bitstream/handle/10546/621052/mb-confronting-carbon-inequality-210920-en.pdf?sequence=1&isAllowed=y" target="_blank">Confronting Carbon Inequality: Putting climate justice at the heart of the COVID-19 recovery</a>, reveal how current economic systems have created extreme carbon inequity and brought the planet to the brink of ecological collapse. It also provides a roadmap for governments around the world to create fairer, more sustainable economies.</p><p>"Our current economic model has been an enabler of catastrophic climate change and equally catastrophic inequality," former United Nations Secretary-General Ban Ki-moon said in the report.</p><p>The brief found that the roughly 630 million people who make up the world's wealthiest 10 percent were responsible for 52 percent of the world's carbons emissions from 1990-2015. They alone depleted the world's "carbon budget" by 31 percent. Carbon budgets define the total amount of carbon emissions allowed within a set period. By contrast, the world's poorest 50 percent, consisting of nearly 3.1 billion people, were responsible for just seven percent of global emissions and four percent of the available carbon budget.</p><p>The analysis further examined how wealth correlates to carbon emissions. It found that the richest one percent, about 63 million people, were responsible for 15 percent of carbon emissions. The wealthiest five percent were responsible for more than a third of carbon emissions growth over the 25-year time frame. The growth emissions from the top one percent amounted to three times the growth in emissions compared to the bottom 50 percent.</p>
<p>"The over-consumption of a wealthy minority is fueling the climate crisis yet it is poor communities and young people who are paying the price," Tim Gore, Head of Climate Policy at Oxfam and author of the report said in a <a href="https://www.oxfam.org/en/press-releases/carbon-emissions-richest-1-percent-more-double-emissions-poorest-half-humanity" target="_blank">press release</a>. "Such extreme carbon inequality is a direct consequence of our governments decades long pursuit of grossly unequal and carbon intensive economic growth."</p><p><a href="https://www.reuters.com/article/climatechange-emissions-wealth/in-suvs-and-on-planes-richest-1-drive-climate-heating-emissions-idUSL8N2GF31C" target="_blank">Reuters</a> reported that consumption from the world's wealthiest people had depleted the carbon budget to the point where there isn't much room for poorer countries to grow without worsening the climate crisis.</p><p>In order to keep the planet from warming more than 1.5 degrees Celsius above pre-industrial times, poorer countries will need to develop renewable energy sources while the wealthiest people and nations will need to limit over-consumption, reported Reuters.</p><p>"The global carbon budget has been squandered to expand the consumption of the already rich, rather than to improve humanity," Gore told the Guardian. "A finite amount of carbon can be added to the atmosphere if we want to avoid the worst impacts of the climate crisis. We need to ensure that carbon is used for the best."</p>
<p>The report noted that if emissions continue to go unchecked, the wealthy will use up the world's available carbon budget by 2030, even if the rest of the world slashed its emissions to zero today.</p><p>Oxfam reported that transportation contributed about a quarter of current global emissions, citing SUVs as the second biggest contributing factor.</p><p>"Simply rebooting our outdated, unfair, and polluting pre-Covid economies is no longer a viable option," Gore said in the Oxfam release.</p><p>"Governments must curb the emissions of the wealthy through taxes and bans on luxury carbon such as SUVs and frequent flights. Revenues should be invested in public services and low carbon sectors to create jobs, and help end poverty," Gore added.</p>
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The label of one of the recalled thyroid medications. FDA
If you are taking medication for an underactive thyroid, check your prescription.
<p>Acella Pharmaceuticals, LLC is recalling some of its NP Thyroid® tablets because they are not strong enough to work properly, according to an announcement published by the <a href="https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/acella-pharmaceuticals-llc-issues-voluntary-nationwide-recall-two-lots-np-thyroidr-thyroid-tablets" target="_blank">Food and Drug Administration (FDA) Thursday</a>. Patients with underactive thyroids, technically known as hypothyroidism, who take weaker medicine may experience symptoms of the condition. These include fatigue, dry skin, low heart rate, depression and unexpected weight loss or gain.</p><p>"To date, Acella has received four reports of adverse events for these lot numbers possibly related to this recall," the company said.</p>
<p>The recall marks the second time this month that a thyroid drug was pulled for being too weak, or subpotent, <a href="https://www.miamiherald.com/news/health-care/article245872655.html" target="_blank">the Miami Herald pointed out</a>. RLC Labs, Inc. <a href="https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/rlc-labs-inc-issues-voluntary-nationwide-recall-all-lots-nature-throidr-and-wp-thyroidr-current" target="_blank">recalled</a> nearly 500 lots of Nature-Throid® and WP Thyroid® for the same reason Sept. 3. Weeks before that, several lots of thyroid medication were recalled for being too strong, <a href="https://www.slashgear.com/popular-thyroid-drugs-recalled-because-theyre-weaker-than-expected-05636932/" target="_blank">SlashGear reported</a>.</p><p>The most recent recall concerns one lot of Acella's 15-mg NP Thyroid® and one lot of its 120-mg NP Thyroid®. The recall comes because testing revealed the lots to be subpotent. They may contain as little as 87 percent of the amount of levothyroxine, or T4, indicated on the label.</p><p>"Acella is proactively notifying its wholesalers by email and phone to discontinue distribution of the two above referenced lots being recalled and is arranging for return of all recalled products," the company said in the recall announcement. "Patients who are currently taking NP Thyroid® from the lots being recalled should not discontinue use without contacting their healthcare provider for further guidance and/or a replacement prescription."</p>
<p>Pregnant or elderly patients with hypothyroidism face additional risks if they take subpotent medication. For pregnant people, the weakened drug could cause early miscarriage or damage to the fetus such as impairment of skeletal or brain development or the onset of fetal hyperthyroidism. In elderly patients or patients with preexisting heart conditions, taking the weakened drugs could lead to palpitations, heart pain or cardiac arrhythmia.</p><p>The recalled products were packed in 100-count bottles and had expiration dates of Oct. and Nov. 2020. Their lot numbers were M327E19-1 and M328F19-3.</p><p>"[C]onsumers may be able to determine that their product is not impacted by the recall if the 'use by,' 'discard after,' or 'expiration date' on their prescription bottle is on or after December 2020," the recall notice said.</p><p>If patients experience any harmful side effects from taking the medication, they should contact their healthcare providers. They can also report the adverse reaction to the FDA's MedWatch Adverse Event Reporting program <a href="https://www.fda.gov/safety/medwatch-fda-safety-information-and-adverse-event-reporting-program/reporting-serious-problems-fda" rel="noopener noreferrer" target="_blank">here</a>.</p><p>Anyone with questions about the recall can contact Acella Pharmaceuticals at recall@acellapharma.com or 1-888-280-2044.</p>
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