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#cop29

1 post1 participant0 posts today

Just a reminder. The mere *announcement* of a Chinese bullshit generator (#AI) was enough to convince investors to withdraw $1T from NASDAQ index stocks.

That is 3 years of full funding of the entire paris climate accord (post #COP29 tripling of the goal). Or about 100 years of Biden's maximal pledge.

Invested in a speculation about US AI dominance tentative enough to be shaken by a single news event.

#paris #climate #ai

theguardian.com/business/2025/

The Guardian · ‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotBy Dan Milmo

The shadow of consulting firms (and #TonyBlair) on climate negotiations

by Emanuele Bompan, 04 APR 2024

"Tony Blair has a long history of support for #FossilFuel projects, especially in Central Asia (in 2014 he became an advisor to the consortium for the #TransAdriaticPipeline - #TAP, to bring Azeri gas to Italy), and a green-wash with wind turbines on TBI website is not enough to clarify where he currently stands for. The same can be said for all the consultancy firms that made billions of euros through contracts with the oil and gas sector, deals that are perfectly legal but can raise concerns when the same consultancy firms become agents and advisers to governments should serve the interests of citizens, not private companies."

renewablematter.eu/en/the-shad
#COP29 #BigOilAndGas #Oiligarchy

www.renewablematter.euThe shadow of consulting firms (and Tony Blair) on climate negotiationsThe expertise offered by consultancy firms’ professionals can certainly offer support to but it can be at times at least controversial