Climate, politics & money - Mar 29
Click on the headline (link) for the full text.
Giant investment bank taken over by hippie alarmists
David Roberts, Grist
London-based HSBC is a banking and financial services company, very old and very large — the sixth largest public company in the world. Greenpeace it ain’t. So it’s striking that the latest report from the financial giant sounds strikingly like the hippie alarmism of a Bill McKibben, a Joe Romm, or a … me. Then again, our hippie alarmism sounds a lot like the science surveys put out by the International Energy Agency, the World Bank, MIT, and the U.S. National Climate Assessment.
So I guess we’re all hippies now...
(27 March 2013)
Fossil Fuels Divestment Fever: Canadian Students, Doctors Launch New Campaign
Tyler Hamilton, The Energy Collective
Calls in the United States for universities to divest their fossil-fuel holdings are starting to spread into Canada, where students and doctors are beginning to speak out.
Students from across the country are taking part Wednesday in what’s being called Fossil Fools Day, described as the first national day of action for the Fossil Free Canada campaign, an initiative being led by the Canadian Youth Climate Coalition.
More than a dozen Canadian university campuses are planning marches and rallies in an effort to urge their university administrations to divest their endowments from fossil fuel and pipeline companies. Many already have active campaigns...
(28 March 2013)
Republican Mayor Leads City To First-Ever Solar Energy Mandate
Ryan Koronowski, Think Progress
On Tuesday, the City Council of Lancaster, California approved a mandate that most new homes must produce solar energy. This is the first such mandate in the nation.
Lancaster is a suburb in northeast Los Angeles county, and this new rule had no bigger advocate that Mayor Rex Parris, who is a Republican. He has long sought to make Lancaster “the solar energy capital of the world.”
Lancaster isn’t your prototypical hotbed of greenie environmentalists. Yet Mayor Parris said the rule wasn’t controversial: “It serves as a model. Here I am in an extremely conservative area, and there was almost no push-back.”... ...According to E&E News, he also sees climate change as a pressing problem that his fellow Republicans would be smart to acknowledge.
“The one thing we have to recognize is just how desperate this situation is with global warming,” Parris said, “and at the same time recognize that we can actually fix it. We have tremendous capability if we just have the courage to do it.” … “The Republican Party is in a quandary because the polling shows that the voters support environmental protection. It’s the leadership that doesn’t,” Parris said. “You’d have to be a moron to discount global warming. I don’t know anybody that doesn’t recognize it’s occurring.”
(28 March 2013)
New Research Confirms Global Warming Has Accelerated
Posted on 25 March 2013 by dana1981 A new study of ocean warming has just been published in Geophysical Research Letters by Balmaseda, Trenberth, and Källén (2013). There are several important conclusions which can be drawn from this paper. Completely contrary to the popular contrarian myth,…
(25 March 2013)
Why Russian doomsday climate predictions may prove prophetic
Olga Dobrovidova, Responding to Climate Change (RTCC)
Climate change was back in the spotlight for the Russian media last week, with doomsday-style predictions of more extreme weather events, rapidly warming Arctic and growing global average temperatures. The scary headlines literally say stuff like Arctic temperatures might rise by up to 7 degrees by 2100 compared to 2.8 degrees globally, Climate change means more extreme weather events and Average temperatures in Russia growing twice as fast as globally – things mentioned in WWF Russia’s “Answering the Climate Sceptic’s 100 Questions” handbook...
If you decide to find out which ministry is responsible for climate change issues in Russia by googling “climate change ministry” in the appropriate language, the results might be surprising, scary, misleading and thought-provoking at the same time.
How’s that, you ask? Well, because the ministry that’s most publicly active and articulate about the dangers of climate change is Emercom, the Ministry of Emergency Situations.
The vigilant ministry constantly keeps track of what it considers threats to the country’s wellbeing – and possible sources of more work for them...
Then, you just have to connect the two remaining dots. One, Russia is a truly HUGE country stuck between desertification in the south, thawing permafrost in the north, water quality issues in the west and hurricanes in the east...
Two, the grimmer our future looks, the more money Emercom can ask for.
(25 March 2013)
Carbon in Worst Quarter Since 2011 Set for Rescue Vote
Mathew Carr, Bloomberg
Europe’s emissions market is likely to be left all but broken should the region’s parliament fail to agree next month on combating the surplus of carbon permits, after the biggest quarterly slide in prices since 2011.
Allowances, which have plunged 28 percent this year to 4.81 euros ($6.20) a metric ton, will average 5 euros in 2013, according to the median forecast of five analysts surveyed by Bloomberg this week. Prices will probably drop below 2 euros if the European Union doesn’t enact a November plan to delay the sale of some emission rights, according to UBS AG.
The euro area’s second recession since 2008 has cut demand for permits, exacerbating a glut that drove prices in the world’s biggest greenhouse-gas market to a record low in January...
(28 March 2013)
What do you think? Leave a comment below.
Sign up for regular Resilience bulletins direct to your email.
This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.