Chris Brown writes on the CBC News website about the pressure that the shipping industry is under, given that all sectors of the economy are having to find an appropriate path to net-zero emissions. Importantly, one company, Copenhagen-based Maersk, until recently the world's No. 1 container shipper over the past 25 years, has set one … Continue reading Shipping industry under pressure to reduce GHG emissions given that 99% of shipping globally is powered by fossil fuels
Category: climate risk
“Debt-for-climate swaps” to help low- and middle-income countries lower their vulnerability
With carefully designed debt-for-climate swaps and support from international institutions, developing countries could expand their finance for desperately needed climate mitigation and adaptation actions and remove some of their heavy debt burden. Soyoung Oh, Junior Research Fellow, The Fletcher School at Tufts University discusses her views in an article on The Conversation website. How … Continue reading “Debt-for-climate swaps” to help low- and middle-income countries lower their vulnerability
Can COP 27 help close the emissions gap?
The window to reign in climate-wrecking emissions and limit warming to 1.5 degrees Celsius is fast closing, says a new UN report. Societal transformation may be the only way to avoid a coming calamity. Stuart Braun discusses the recent report in an article on the Deutsche Welle website. Climate crisis: Widening emissions gap threatens … Continue reading Can COP 27 help close the emissions gap?
The global energy transition: have we lost momentum in reaching a net-zero future?
In the short term, it feels like countries are abandoning their energy transition plans and the goal of limiting global warming to under 2°C. But in the mid-to-long term, there is still of flicker of hope for a net-zero future. Here we have a detailed blog on the Zurich insurance company website. Is hope … Continue reading The global energy transition: have we lost momentum in reaching a net-zero future?
Germany concedes move to cap gas prices as EU wrestles with energy crisis
European Council President Charles Michel said EU leaders agreed to cooperate on energy after a long day of talks. However, a consensus was not reached on capping gas prices. A news item on the Deutsche Welle website presents latest developments. EU leaders agree to combat rising energy prices European Council President Charles Michel said early … Continue reading Germany concedes move to cap gas prices as EU wrestles with energy crisis
Insurance companies also wield enormous power over the energy transition
Insurers are paying more for extreme weather while continuing to finance and underwrite activities that warp the climate. They can block or enable fossil fuel projects by choosing whether to insure them and for what price. Speeding up the switch to green energy would cut their exposure to catastrophic weather. Climate activists are pushing them … Continue reading Insurance companies also wield enormous power over the energy transition
Our digital data has a growing carbon footprint
While most climate change activists are focused on limiting emissions from the automotive, aviation and energy industries, the processing of digital data is already comparable to these sectors and is still growing. In 2020, digitisation was purported to generate 4% of global GHG emissions. Tom Jackson, Professor of Information and Knowledge Management at Loughborough University … Continue reading Our digital data has a growing carbon footprint
Where is the help? Damages to poor countries are expected to increase as the world heats up further
The world’s most vulnerable countries are preparing to take on the richest economies with a demand for urgent finance. This “loss and damage” issue gained momentum since COP26 in Glasgow last year. Fiona Harvey writes on The Guardian website howe vulnerable many countries are. Vulnerable countries demand global tax to pay for climate-led loss … Continue reading Where is the help? Damages to poor countries are expected to increase as the world heats up further
A dozen environmental NGOs on Monday launched a legal challenge to the EU’s decision to label gas and nuclear investments as green
It was definitely controversial for gas and nuclear to be considered green in the EU’s new taxonomy regulation. A dozen European NGOs are concerned enough that they have launched a legal challenge. Alice Tidey discusses the challenge in an article on the Euronews website. Taxonomy: 12 NGOs launch legal challenge against EU's bid to … Continue reading A dozen environmental NGOs on Monday launched a legal challenge to the EU’s decision to label gas and nuclear investments as green
WEF podcast transcript on carbon offsets
As we wonder about the impact of carbon offsets, the World Economic Forum provides a podcast that should give us a wider view of their benefits. Robin Pomeroy, Podcast Editor at the WEF, discusses carbon offsets with Rachel Kyte, co-chair of the Voluntary Carbon Markets Integrity Initiative and with Dharsono Hartono, UpLink Top Innovator, and … Continue reading WEF podcast transcript on carbon offsets
Energy in Demand - Sustainable Energy - Rod Janssen 