Oilprice.com A few days ago, we reported that green and socially responsible investments, aka ESG (Environmental, Social, and Governance) investing, have slowed down dramatically amid multi-year highs in oil and gas prices. ESG assets in the United States have fallen by 50% compared to 2020 levels, a worrying trend considering the alarming climate reports that […]
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Theguardian.com Health bodies demand all governments immediately cease expansion of new fossil fuel infrastructure and production Global health bodies are demanding international governments urgently phase out fossil fuels and fast-track renewable energy as health professionals increasingly see patients suffering from harm caused by climate change. The world’s leading GP and health bodies, representing more than […]
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Bloomberg.com The breakup of the partnership behind one of the world’s biggest carbon projects in Zimbabwe raises new doubts about the carbon market’s ability to backstop failures. The integrity of one of the largest single sources of credits in the $2 billion carbon market faces serious doubt following the collapse of the partnership behind Kariba, […]
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Edition.cnn.com Rapid melting of West Antarctica’s ice shelves may now be unavoidable as human-caused global warming accelerates, with potentially devastating implications for sea level rise around the world, new research has found. Even if the world meets ambitious targets to limit global heating, West Antarctica will experience substantial ocean warming and ice shelf melting, according […]
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Bloomberg.com Asia is emerging as the key catalyst for growth in carbon trading, though the region’s markets currently cover only a fraction of emissions that account for half the world’s total. Indonesia and Japan have launched carbon trading exchanges in the past two months, China — the world’s top polluter — is looking to expand […]
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Edition.cnn.com More than 43 million children have been driven from their homes by floods, storms, droughts and wildfires over the six years between 2016 and 2021, according to new data from UNICEF. That works out to 20,000 children displaced every single day due to extreme weather fueled by climate change. The researchers found that floods […]
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Climate.nasa.gov The annual Arctic sea ice minimum (lowest) annual extent was the sixth-lowest on record this year, while Antarctic sea ice reached its lowest maximum ever. These both continue a long-term downward trend due to human-caused global warming. Arctic sea ice likely reached its annual minimum extent on Sept. 19, 2023, making it the sixth-lowest […]
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Sdgs.un.org A groundbreaking report by a group of independent experts released today by the United Nations outlines steps governments should take to maximize the impact of policies and actions by tackling the climate and sustainable development crises at the same time, creating synergies. The expert group, with fourteen diverse members co-led by Luis Gomez-Echeverri, Emeritus Research Scholar […]
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Economist.com Quite possibly—and not before time Today we see the birth of a new species,” declared Julio Friedmann, gazing across the bleak landscape. Along with several hundred grandees, the energy technologist had travelled to Notrees, a remote corner of the Texas oil patch, in late April. He was invited by 1PointFive, an arm of Occidental […]
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