A week ago, Henry Paulson, a Republican, and former US Secretary of the Treasury wrote in the New York Times about his concerns about climate change. He said there were lessons to learn from the financial crisis of 2008, when he was secretary. There is one important part for you to reflect on: The nature … Continue reading Quote of the week
Category: climate change
Lord Stern issues stark warning on the financial damage from climate change
Tom Bawden writes in The Independent that Lord Stern says current models do not adequately reflect the science and the impact on global economies Climate change will ‘cost world far more than estimated’ Lord Stern, the world’s most authoritative climate economist, has issued a stark warning that the financial damage caused by global warming … Continue reading Lord Stern issues stark warning on the financial damage from climate change
Road to low carbon economy never was going to be easy
We have seen many good efforts for our economies to reduce carbon emissions but there are undoubted blips along the path. Terry Macalister writes in The Guardian about how the use of coal grew by 3% in 2013, faster than any other fossil fuel. Coal's share of energy market at highest level since 1970 … Continue reading Road to low carbon economy never was going to be easy
Two climate sceptic prime ministers meet
With UNFCCC discussions currently underway in Bonn, it is hard not to turn to the two countries who should be more active but who have turned their backs on seriously addressing climate change – Australia and Canada. Colin Horgan writes in The Guardian about the Australian PM visiting Canada. Tony Abbott in Canada: the climate … Continue reading Two climate sceptic prime ministers meet
Some US states show that emission cuts are possible
Recently, the Obama administration announced plans to cut GHG emissions by 30% from power plants by 2030. Justin Gillis and Michael Wines write in the New York Times about the states that have already achieved such savings. In Some States, Emissions Cuts Defy Skeptics The cries of protest have been fierce, warning that President Obama’s … Continue reading Some US states show that emission cuts are possible
Maybe Canada will wake up to importance of climate change
Chris Plecash writes in the Hill Times of Canada about the rising insurance claims due to extreme weather events associated with climate change. This is going to happen in more than Canada and hopefully we will all be prepared. Extreme weather events beginning to take a toll on Canadian infrastructure, economy Extreme weather events … Continue reading Maybe Canada will wake up to importance of climate change
Being more honest about climate change
Eric Reguly provides an excellent article in Canada’s Globe and Mail about some of the myths about climate change that many have used in Canada to justify non action. This comes the week that the Financial Times reports that Canada is set to win a big concession in forthcoming EU environment legislation that would open … Continue reading Being more honest about climate change
How the economics world needs to respond to climate change
Erin Nash and Yuan Yang from Rethinking Economics write on the Responding to Climate Change website about exactly that, rethinking economics. They state that economics education is creating a generation who don’t understand climate change. It will be interesting to get the views of EiD readers. Climate change means we must rewrite economics textbooks … Continue reading How the economics world needs to respond to climate change
Insuring our future
While EiD has had other posts discussing insurance against climate change, this post by world renown economist from Yale University, Robert J. Shiller, in the New York Times provides an excellent analysis why global warming needs to be addressed by the private institutions of risk management, such as insurance and securitization. Buying Insurance Against … Continue reading Insuring our future
Canada re-thinking its approach to climate change
Canada has been in the global doghouse concerning climate change ever since it decided to walk out of the Kyoto Protocol. Yes, it did make some half-hearted commitment at the climate conference in Copenhagen several years ago. The priority has been on resource development – mainly tar sands – but now Josh Wingrove writes in … Continue reading Canada re-thinking its approach to climate change
Energy in Demand - Sustainable Energy - Rod Janssen 