Flawed climate economic modeling is underestimating the damage that climate change is causing to the planet, as well as the economy. Scientists generally agree that climate change is a major threat, but economists are not as quick to agree. Current economic models tend to underestimate both the potential impacts of dangerous climate change and the benefits […]
In December of 2015, the world agreed on a path forward with regards to climate change. 196 nations signed the Paris Agreement, a new legally-binding framework for an internationally coordinated effort to tackle global warming. The agreement signals the turning point in the achieving a world wide low-carbon economy. When negotiations to address climate change […]
The future of oil is here and it doesn’t look pretty for producers, manufacturers, and investors. As prices fall and oversupply continues, the once unsinkable industry is now floundering. While oil prices have stabilized somewhat in recent months, there are good reasons to believe they won’t return to the high levels that preceded their historic collapse […]
A new report warns that current levels of Arctic ice melting could trigger key “tipping points” leading to catastrophic and uncontrollable climate change. If these tipping points are reached, the effects would become their own drivers of global warming, regardless of human attempts to reduce carbon emissions. A number of the tipping points relate to […]
Over the last 20 years, a cadre of nations has joined forces to address climate change and its impact on our environment and social structures. In 1997, The Kyoto Protocol set binding emissions-reduction targets, with 169 countries ratifying the agreement and agreeing to play the game. In 2001, the rules of the game were adopted […]
So far this year, the seas in the North and South Pole have been slow to freeze, setting a record low for the floating cap of sea ice in November. Due to unusually high air temperatures and a warm ocean, the sea ice extent which is the total area covered by floating sea ice, was the […]
Pension fund trustees can no longer ignore the risk that climate change poses to their investments, particularly in the longer term. Many of these individuals are have no idea about their financial duties and the extent to which the current law allows them to factor environmental, social and governance issues into their investment decisions. Climate […]
The Global Commission on the Economy and Climate recently put out a report that calls on governments and financial institutions to invest in sustainable infrastructure in order to increase growth. The global financial system needs reshaping to finance an inclusive, prosperous, and environmentally sound future. This momentum has dramatically increased over the past year, but still has […]
In a report published in the journal Nature, urban expansion is discussed with regards to the planet’s booming population. The world’s population is set to increase by one billion by 2030. Urban expansion alters a city’s ‘big seven’: natural vegetation, agricultural land, clean water, jobs, housing, transport and communities. Moving forward, we need worldwide cooperation on […]