For a bank with annual revenue of €10 billion ($10.9 billion), for example, that would suggest daily penalties of as much as €1.4 million in the toughest scenario
Not much of a fine. Love the doomerism growing inside. :3
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
For a bank with annual revenue of €10 billion ($10.9 billion), for example, that would suggest daily penalties of as much as €1.4 million in the toughest scenario
Not much of a fine. Love the doomerism growing inside. :3
That's a bit over half a billion euros per year. That's roughly comparable to the profits of a bank with revenue of 10 billion.
Uni Credit made 6.4billion profit from 20.3billion revenue in 2022. So we are talking 15% of profits.