Several milestones were achieved upon the commissioning of the Sembcorp Industries Ltd 285 MWh battery on Jurong Island (see extract below). ‘We have money and power’: older Americans to blockade banks in climate protest The “big four” are the world’s leading banking financiers of oil and gas projects, despite variously committing to helping address the climate crisis, with a recent report finding they have collectively provided $1.1tn in financing to fossil fuels since the 2015 #Parisagreement" Third Act is encouraging people to sign a pledge to quit Chase, Citibank, Wells Fargo, and Bank of America if they don’t stop funding fossil fuels. ![]() McKibben said he hoped the protests would highlight the link between “cash in the bank and carbon in the air”. “We probably all believed that the government would address these concerns – we may have gotten a little complacent.” “The people sitting on rocking chairs on Tuesday were marching on the first Earth Day in 1970,” he said. ![]() “There is a sense people get more conservative as they age but I’m not sure if that’s true of this group of older people,” said McKibben, who pointed out that people in their 70s and 80s now were young people during the cultural upheavals of the 1960s While polling has shown that fears over global heating are most prevalent among younger people, to the extent that some question the wisdom of having children themselves, McKibben said he has found “huge concern” among older people about the climate emergency “I understand why people say ‘OK boomer’ – it’s not like we have done an amazing job in protecting the world.” I’m going to be dead before the climate crisis is at its absolute worst, but being nearer the exit than the entrance concentrates one’s mind to notions of legacy and we are the first generation to leave the world in a worse place than we found it. “We have to show young people we have their back. ![]() “ #Older #people have got money and structural power coming out of our ears,” said McKibben, who is 62. The group has gathered momentum, attracting more than 50,000 members and recently holding a test-run protest in New York City, where participants marched under a banner reading “fossils against fossil fuels” “So far the kids have had to do all of the work and they’ve done an amazing job but it’s not fair to ask 18-year-olds to solve this problem,” said Bill McKibben, the veteran climate campaigner who co-founded the Third Act group last year, which is designated for people aged over 60. In a nod to the more seasoned age of participants, older people in painted rocking chairs will block the entrances to some of the US’s largest #banks to highlight their funding of #oilandgas extraction "The protests, across more than 90 locations, including Washington DC, are billed as the first set of mass climate demonstrations by #older #Americans, who have until now been far less visible than younger activists, such as the school strike movement spearheaded by Greta Thunberg. We should not be leaving this all up to the young.
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