5 Ways You Can Use Your Money Right Now to Help Save the Planet
Climate change is becoming a more serious and threatening issue with each passing day. As a recently released Intergovernmental Panel on Climate Change (IPCC) report made clear, we are reaching alarming new realities with regard to climate change, and in response, the IPCC issued a "code red" for humanity.
We're running out of time when it comes to reversing course on climate change. Yet, in spite of this reality, there are plenty of countries around the world that continue to conduct business as usual—or are boldly making plans that will worsen the climate crisis. On the heels of the IPCC report, for instance, China astoundingly announced plans to construct 43 new coal-fired power plants and 18 new blast furnaces. The move will add about 1.5 percent to the country's current annual emissions, and China is already leading the world in new coal power plants, "building more than three times as much new coal power capacity as all other countries combined," Time recently reported. This announcement comes despite the world's largest polluters pledging to reduce emissions before 2030.
If you find these sorts of announcements and the lack of progress discouraging, maddening, or both, you're not alone. In addition to calling upon elected officials and demanding they take more aggressive action to curb climate change, individuals can take steps themselves to help address the crisis. Here are five ways to use your money and household financial decisions and actions to help fight climate change.