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Image: Fiona Hamilton/Tennis Australia Handout/EPA
Youth climate activists (including Greta Thunberg) called out tennis superstar Roger Federer in a big way for his sponsorship deal with Credit Suisse over its links to the fossil fuel industry. Activists like 350.org expressed loans by Credit Suisse to companies investing in fossil fuels were incompatible with action on climate change and urged Federer to “wake up.”
Since 2016 @CreditSuisse has provided $57 BILLION to companies looking for new fossil fuel deposits – something that is utterly incompatible with #ClimateAction @RogerFederer do you endorse this? #RogerWakeUpNow pic.twitter.com/ED1fIvb4Cr
— 350.org Europe (@350Europe) January 8, 2020
In a response Federer said the following:
“I take the impacts and threat of climate change very seriously, particularly as my family and I arrive in Australia amidst devastation from the bush fires,’ read a statement from Federer sent to Reuters. ‘As the father of four young children and a fervent supporter of universal education, I have a great deal of respect and admiration for the youth climate movement, and I am grateful to young climate activists for pushing us all to examine our behaviours and act on innovative solutions.
We owe it to them and ourselves to listen. I appreciate reminders of my responsibility as a private individual, as an athlete and as an entrepreneur, and I’m committed to using this privileged position to dialogue on important issues with my sponsors.”
Additionally, Credit Suisse responded by saying it is “seeking to align its loan portfolios with the objectives of the Paris Agreement [to combat climate change] and has recently announced in the context of its global climate strategy that it will no longer invest in new coal-fired power plants.” It’s not full divestment but hopefully a step in the right direction.
By Dr. Julio Friedmann As Congress prepares major climate legislation and President Biden looks to take more executive action, net-zero emissions has become the science-based star of the show. That show features a climate solution that is often overlooked – undiscovered and waiting in the wings. Carbon dioxide removal (CDR), which pulls carbon dioxide (CO2) […]
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by Amy Lupica, ODP Staff Writer UN Climate Change has published the Initial NDC Synthesis Report, which evaluated information from 75 parties to the Paris agreement representing 30% of global greenhouse gas emissions. The results: “governments are nowhere close to the level of ambition needed to limit climate change to 1.5 degrees and meet the […]
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According to a report out on Tuesday from the International Energy Agency, while the pandemic allowed a brief reprieve from the uptick in global carbon dioxide emissions, global carbon pollution had returned to pre-pandemic levels by the end of 2020. Carbon emissions in Brazil, India, and China were all up over 2019 levels.
Why this Matters: Under the Paris Agreement, nations agreed to prevent the rise in global temperature from reaching two degrees Celsius and keeping the rise under 1.5 degrees celsius, but that won’t be possible if our emissions start going up again.
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