Thirty asset managers overseeing $9 trillion announced on Friday an agreement to align their portfolios with net-zero emissions by 2050. Grass-roots climate activists, often led by young people of Greta Thunberg’s generation, are marching every week now (even virtually during the pandemic). just announced that it will reduce greenhouse gas emissions by 55 percent in the next nine years. Leaders in Japan and South Korea said a few weeks ago said that their countries will reach net-zero emissions in 2050. Denmark, the E.U.’s largest producer of gas and oil, has announced a ban on further exploration for fossil fuels.

Source: International New York Times December 12, 2020 19:30 UTC