• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersGreen, Inc.

We’re facing a climate crisis. What comes next?

By
Katherine Dunn
Katherine Dunn
and
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
By
Katherine Dunn
Katherine Dunn
and
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
February 27, 2020, 5:57 AM ET

Good morning. 

This is Katherine here, filling in for Eamon from London on this edition of The Loop. 

This week we published an interview with Christiana Figueres and Tom Rivett-Carnac, two of the key architects of the Paris Agreement, coinciding with the release this week of their new book, The Future We Choose: Surviving the Climate Crisis. 

I got a chance to read the book last week before it came out, and I had the unusual feeling that I was reading something that felt revelatory, and new. That’s a rare feeling when you closely follow climate change—especially because the book is more of a rallying cry, and a how-to guide, than a breaking news exposé. (We’re all pretty aware that climate change is happening.) 

The book takes the approach of marrying both the big picture, and the small, and spans thinking on climate change across areas as diverse as gender equality, artificial intelligence, and political polarization. After the initial chapter listing the undeniably grim future we’re facing, the authors take a practical, clear-eyed tone, imbued with what they call “gritty” optimism. That’s a brand of positive thinking that Figueres says isn’t about disregarding the pain caused by climate change, but is about realizing that, “if we put ourselves into a little box, the dark box of pain and grief and helplessness, we’re not going to do anything differently.”

Advocating gritty optimism means providing options for what comes next. The Future We Choose offers step-by-step suggestions on sustainable action for individuals (plant a tree; make a climate budget; vote) as well as for businesses, including prompts about what companies need to do even if they’re at the front of the pack. 

“I’ve walked into many companies where they are exemplary on their climate action, and they say some version of, we’re doing everything we can, and policy needs to go further and faster,” says Rivett-Carnac. “And then I’ve said to them some version of, well, did you know that you are actually a member of several trade associations who are still lobbying against more aggressive policy?” 

In our interview, Figueres and Rivett-Carnac also talk about why sovereign wealth funds are the next step in shifting climate finance; the “before” and “after” of the Australian bushfires; and why it’s okay to commit to net-zero—without knowing exactly how you’re going to do it. You can read the whole interview here. 

Katherine Dunn
katherine.dunn@fortune.com 

CARBON COPY

Letter heads

Senator Elizbeth Warren published a letter urging BlackRock CEO Larry Fink to support her Climate Risk Disclosure Act—a bill Warren introduced in 2019 that would require companies to disclose their climate risk—and to provide more details on how BlackRock will achieve its new sustainability goals. Last month, in his own letter to CEOs, Fink said that climate change will reshape financing and that BlackRock will place “sustainability at the center of our investment approach.” CNBC

Coal cuts

JPMorgan said it will stop financing some coal mines and coal-fired power plants, but most of the bank’s clients won’t be ruled out by the new restrictions. According to the Rainforest Action Network, the U.S. bank is the world’s largest lender to oil, gas and coal companies, financing some $196 billion worth of fossil fuel projects between 2016 and 2018. The strictest prohibition—no loans for companies with over 50% of revenues from coal—would only rule out 0.6% of that $196 billion loan sheet. Axios

Flight of fancy

London’s Heathrow Airport says it has become carbon neutral. The London airport has managed to reduce and offset its building, ground transport, and business travel emissions completely and plans to eliminate emissions altogether by 2030. There's just one catch: it doesn't count the emissions from the actual planes. However, earlier this month the U.K.’s aviation industry pledged to achieve net zero carbon emissions by 2050—a commitment that will presumably mean planting a whole lot of trees. Meanwhile, plans for a third runway have been scuttled after a court ruling said, in part, that the plan conflicted with the U.K. government's commitment to the Paris Agreement. Sky News

IN CASE YOU MISSED IT

Oil demand was set to rise in 2020, then the coronavirus outbreak hit by Katherine Dunn

Germany, the engine of Europe, plans to ditch nuclear and coal—regardless of whether renewables can fill the void by Christiaan Hetzner 

Did the ‘techlash’ kill Alphabet’s city of the future? by Robert Hackett

CLOSING NUMBER

25%

A study from Brown University found that roughly 25% of all tweets about climate change come from bots, according to The Guardian, which has seen a draft of the report. The study analyzed 6.5 million tweets in the weeks around President Trump’s decision to withdraw the U.S. from the Paris Agreement and found that the bots are overwhelmingly climate change deniers. About 5% of tweets in favor of climate action came from bots, while bots contributed 38% of tweets calling out “fake science.”

About the Authors
By Katherine Dunn
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
By Eamon Barrett
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

What to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
NewslettersMPW Daily
What to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
By Emma HinchliffeApril 2, 2026
3 hours ago
In the age of vibe coding, trust is the real bottleneck
AIEye on AI
In the age of vibe coding, trust is the real bottleneck
By Sharon GoldmanApril 2, 2026
5 hours ago
Ken Griffin, founder and CEO of Citadel.
NewslettersCFO Daily
The hedge fund billionaire betting Miami can rival New York’s Wall Street
By Sheryl EstradaApril 2, 2026
8 hours ago
Nima Ghamsari smiles
NewslettersTerm Sheet
Blend’s post-IPO reset: CEO Nima Ghamsari bets that AI can turn it all around
By Lily Mae LazarusApril 2, 2026
10 hours ago
Can Elon Musk take SpaceX IPO to infinity and beyond?
NewslettersFortune Tech
Can Elon Musk take SpaceX IPO to infinity and beyond?
By Alexei OreskovicApril 2, 2026
10 hours ago
In the age of AI anxiety, the 100 Best Companies to Work For are betting on their people
NewslettersCEO Daily
In the age of AI anxiety, the 100 Best Companies to Work For are betting on their people
By Diane BradyApril 2, 2026
13 hours ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Fortune EditorsApril 2, 2026
13 hours ago
Current price of gold as of April 1, 2026
Personal Finance
Current price of gold as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
2 days ago
Current price of oil as of April 1, 2026
Personal Finance
Current price of oil as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them
Real Estate
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them
By Fortune EditorsApril 2, 2026
14 hours ago
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
Economy
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
By Fortune EditorsApril 1, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.