Climate Change The New Economy
Climate Change, Environment
UN Climate Change News, 3 April 2018 – Scientists are now worried that unless accelerated action is taken by 2020, the Paris goal may become unattainable, UN Secretary-General António Guterres told reporters at the UN’s New York Headquarters. The Paris Climate Change Agreement, adopted by countries in December 2015, aims to keep global temperature rise
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Global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains. Over 70% of global energy demand growth was met by oil,
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Oil, gas and thermal coal face varying challenges and degrees of risk in a climate-constrained future. This report looks at each of these fuels in turn with a focus on the upstream end of the value chain, comparing potential supply to a selection of different demand scenarios that result in
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The Arctic winter has ended with more news that is worrying even the scientists who watch the effects of climate change closely. The region experienced its warmest winter on record. Sea ice hit record lows for the time of year, new US weather data revealed on Tuesday. “It’s just crazy, crazy stuff,” said Mark
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In the last month alone, major players within the fossil fuel industry – “big oil” – have made some big announcements regarding climate change. BP revealed plans to reduce its greenhouse gas emissions by acquiring additional renewable energy companies. Royal Dutch Shell defended its US$1-US$2 billion green energy annual budget. Even ExxonMobil, until
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As the amount of renewable energy in global electricity networks continues to surge, a new question arises – when will renewables become the dominant source of energy? A new report, the Lloyd’s Register 2018 Technology Radar, examines this issue and also looks at which technologies are likely to have the biggest impact
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UN Climate Change News, 14 February 2018 - Taxes are effective at cutting harmful greenhouse emissions from energy use, but taxation applied by major economies to CO2 emissions is not enough to fight climate change, say experts with the Organisation for Economic Co-operation and Development (OECD) in the report Taxing Energy Use
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In a move demonstrating its commitment to tackle the threats posed by climate change, New York’s Mayor Bill de Blasio has announced plans to divest the City’s USD 189 billion pension funds of fossil fuel assets. The latest announcement is part of a growing international trend to divest from fossil fuels
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Almost two dozen marine scientists from around the world have issued a warning about an often-overlooked side effect of climate change and pollution. In a paper published this week in Science, they say oxygen is disappearing from increasingly large areas of ocean and threatening marine life. The research, sponsored by an international
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Transitioning the world to 100 percent renewable electricity isn't just some environmentalist pipe dream—it's "feasible at every hour throughout the year" and is more cost-effective than the current system, which largely relies on fossil fuels and nuclear energy, a new study claims. The research, compiled by Finland's Lappeenranta University of Technology (LUT) and the Berlin-based nonprofit Energy Watch Group (EWG), was
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