Uncategorized
Norway Refuses to Drill for Billions of Barrels in Arctic
The largest party in Norway’s parliament has delivered a significant blow to the country’s huge oil industry after withdrawing support for exploratory drilling off the Lofoten islands in the Arctic, which are considered a natural wonder. Read the entire article at The Independent. The move, by the opposition Labour party, creates a large parliamentary […]
Norway’s Giant Oil Fund Diverts Billions into Renewables
Even nations that built their fortunes on fossil fuels are seeing the future is green. Norway’s $1Tn oil fund, the world’s largest sovereign wealth fund, is to plunge billions of dollars into wind and solar power projects. The decision follows Saudi Arabia’s oil fund selling off its last oil and gas assets. Read the entire […]
Climate Change Will Raise Property Insurance Premiums Beyond Peoples’ Ability to Pay
Insurers have warned that climate change will make coverage for ordinary people unaffordable after Munich Re, the world’s largest reinsurance firm, blamed global warming for $24bn of losses in the Californian wildfires. Read the entire article at The Guardian. Ernst Rauch, Munich Re’s chief climatologist, told the Guardian that the costs could soon be […]
GM Buys Michigan Wind Power
General Motors will buy wind power to green its facilities in Michigan, joining rival Ford in bringing renewables to the US auto industry. GM will source 300GWh of wind from Michigan utility DTE, under the latter’s MIGreenPower scheme designed to give corporations a mechanism to procure renewable power to set against their own consumption. Read […]
BP: Renewables Largest Source of Power by 2040
Renewable energy will continue to be the fastest-growing source of energy in the world, penetrating the energy system “more quickly than any fuel in history” to become the largest source of power by 2040, oil and gas supermajor BP said in its annual BP Energy Outlook. Read the entire article at Oil Price. Renewables […]
Climate Economic Risks Threaten Systemic Collapse
The gathering storm of human-caused threats to climate, nature and economy pose a danger of systemic collapse comparable to the 2008 financial crisis, according to a new report that calls for urgent and radical reform to protect political and social systems. Read the entire article at The Guardian. The study says the combination of […]
Cities Experiment with “Climate Positive” Design
Advocates say we could design city buildings and neighborhoods that cancel out more carbon than they emit, with the right policies and mindset. Cities are crucial to fighting climate change. They occupy only two percent of global land area but have an enormous climate impact, consuming more than two-thirds of global energy and accounting for 70 […]
Cities Leading the Transition to Renewables
More than 100 cities worldwide get at least 70 percent of their electricity from renewable sources. What can we learn from them? Read the entire article at DW. Cities are responsible for 70 percent of man made CO2 emissions, according to the International Renewable Energy Agency. Cars, heating, cooling and lighting systems work round […]
Cities Seek Technology to Adapt for Climate Change Risks and Challenges
As 1.4 million people move to cities each week, local abilities to keep residents safe can become strained, increasing the risk of disasters, warned the United Nations secretary-general. “The answer is to build resilience to storms, floods, earthquakes, fires, pandemics and economic crises,” said Antonio Guterres in a message for World Cities Day. Read the […]
Why is the US Government So Afraid of the Kids’ Climate Case?
Although their case remains on hold while the Supreme Court reviews a last-ditch, extraordinary motion by the Trump Administration, the 21 young plaintiffs in the landmark climate suit Juliana v. United States have already taken climate litigation into previously uncharted territory. Read the entire article at Climate Liability News. The plaintiffs, who come from […]
