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A transition to a sustainable economy requires not only population stabilization, breakthroughs in resource productivity and checks on material consumption, but also constraints on aggregate investment. Built into the DNA of finance is the goal ...
Keeping global warming down to a level people can live with means cutting carbon emissions to "near zero" by the end of the century, even in an increasingly industrialized world
, the top U.N. experts on the issue reported Sunday.
Global greenhouse gas emissions over the past decade were the "highest in human history", according to the world
's leading scientific body for the assessment of climate change. Without further action, temperatures will increase by about 4 to 5C, ...
Global warming is not being taken seriously and time is running out to avoid consequences like flooded cities and dried out farmland, World Bank
President Jim Yong Kim said Thursday.
"We are quickly coming to the point where we are not ...
Have you ever felt frustrated because the big fossil fuel companies keep burning coal, oil, and gas rather than investing in renewable energy
like solar and wind? Or does it make you angry that these companies have already discovered ...
Battles over water and food will erupt within the next five to 10 years as a result of climate change, the president of the World Bank
said as he urged those campaigning against global warming to learn the lessons of how protesters and scientists ...
The UN Intergovernmental Panel on Climate Change's (IPCC) Fifth Assessment Report on the impacts of global warming this century has been widely recognised as clarifying beyond all doubt that we do, indeed, face an unprecedented planetary ...
THE Green Investment Bank
yesterday unveiled its biggest pay-out since its launch with the £461 million backing for two offshore wind projects.
The investments represent a vote of confidence in a sector that has suffered a few setbacks ...
The UK green investment bank
(GIB) has made two of its biggest investments to date, ploughing over £460m into two of the country's largest offshore wind projects.
The government-backed bank
confirmed this morning that it is to take ...
Across the United States, economics are increasingly favoring investment in renewable energy
at the expense of dirty coal energy
. As the price of solar dips below coal and even natural gas in some instances, the domestic demand for coal wanes and ...
Okay, fine. You're persuaded that climate change is a problem. So if we can work out the costs and benefits of reducing carbon emissions, we'll be able to decide on the cheapest course of action, right?
Not so fast. The two numbers that ...
The Norwegian government’s sovereign wealth fund, which owns part of almost every listed company in the world
, is considering selling out of its investments in carbon-intensive firms.
Given that the $840 billion fund, the world
's financial markets could be creating a "carbon bubble" by over valuing the fossil fuel assets of large companies say MPs.
Much of this coal and oil may have to be left in the ground to combat climate change, according to the ...
China’s leaders want to lift the gray blanket of deadly smog that often chokes Beijing’s residents by shifting power plants to the less populated western part of the country inhabited by minorities. That’s turning into a nightmare for Ani Yetahon ...
Just as the world
becomes more uncertain, Britain has left itself open to the worst the world
can throw at it by becoming a net importer of fuel and a bigger importer of food.
If governments are supposed to act as risk managers, ...
The government’s Climate Change Authority has today released a major report which says Australia should do much more on climate change?—?a 19% cut in emissions by 2020. But Tony Abbott is unlikely to listen.
Solve climate change for ...
The need for a study into the potential threat to the red-throated diver, a type of waterfowl, has forced developers to scrap a project to expand the world
's largest offshore wind farm, Britain's London Array.
The consortium of Denmark's ...
Latin America is becoming a global arena for green innovation as foreign companies head for the region to partner with a rapidly growing local clean technology sector.
Abundant resources, favourable regulations and government, and ...
U.S. Secretary of State John Kerry said global warming is as big a threat as terrorism in a speech in the world
’s largest exporter of coal for power plants, seeking to burnish his credential as a climate champion before deciding on the proposed ...
We now have an answer to why global temperatures have risen less quickly in recent years than predicted in climate change models. (It’s necessary to add immediately that the issue is only the rate of that rise, since the 10 hottest years on ...
Listening to President Obama's State of the Union address, it would have been easy to conclude that we were slowly but surely gaining in the war on climate change. "Our energy
policy is creating jobs and leading to a cleaner, safer planet,' the ...
China is erecting huge industrial complexes in remote areas to convert coal to synthetic fuel that could make the air in its megacities cleaner. But the complexes use so much energy
that the carbon footprint of the fuel is almost double that of ...
Climate change could have a crushing effect on the global economy, according to a recent report from the Intergovernmental Panel on Climate Change, the Nobel-Prize-winning committee of climate scientists from around the world
But there ...
Tunisia, the starting place for the massive protests three years ago that came to be known as the Arab Spring, did something remarkable this week: it embedded climate change into its constitution.
The constitution, praised as one of the ...
At the World
Economic Forum in Davos, World Bank
President Jim Yong Kim called for a price on carbon, requiring companies to disclose their climate risk exposure, and greater investment in green bonds in the fight against climate ...