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Geddry’s Newsletter

Carpe Momentum: The Climate Crisis Won’t Be Fixed, It Will Be Exploited

Why system change, not restoration of the status quo, is our only hope for survival

Mary Geddry's avatar
Mary Geddry
Jul 21, 2025
∙ Paid

If you listen to world leaders, corporate executives, or legacy media, you might believe the climate crisis is simply a matter of “fixing” a few things. Swap out coal for solar, make some green investments, and install more wind turbines, and we can have our modern world just as it is, cleaned up and polished, with a few more Teslas on the road and a little less smoke in the sky. This is a deadly fantasy. The climate emergency is not a glitch in the system; it is the logical, inevitable byproduct of the system itself.

The crisis we face today is not just one of rising emissions but of an economic and political order fundamentally incompatible with planetary survival. Capitalism, as practiced by the ruling elites of our time, thrives on extraction, commodification, and the financialization of human suffering. It does not solve crises, it profits from them. Nowhere is this more apparent than in the way financial giants have already begun planning for the coming decades of ecological breakdown.

Take JP Morgan Chase, the largest bank in the world, which has funneled hundreds of billions of dollars into fossil fuels while publicly advertising its commitment to sustainability. Led by CEO Jamie Dimon, the bank has created its own internal climate unit, not to help stop the crisis, but to advise clients on how to capitalize on it. Their public reports make no bones about the facts: temperatures are rising, catastrophic weather events are becoming more frequent, and global systems are destabilizing. But their response is not to decarbonize or divest, it is to pivot toward profit in a world of collapse.

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