Institutional Investors Engage Mining Companies on Carbon Asset Risk

In the run-up to the Paris climate treaty talks, a network of 270 institutional investors managing over $21 trillion in assets has published a carbon asset risk guide for the mining industry. Concerned about the risk of stranded mining company assets, such as coal mines, the guide is meant to constructively engage mining executives and assure they are working to reduce carbon asset risk exposure, reducing greenhouse gas emissions and finding sustainable alternatives.

President Obama rejects Keystone XL pipeline

Obama Rejects Keystone XL Pipeline

In what may have been a move to call TransCanada’s bluff, President Obama shut down the Keystone XL pipeline project, rejecting the application that would have brought 800,000 barrels a day of heavy crude oil scoured from enormous tar sand pits in Alberta Canada 1,179 miles south to refineries the U.S. Gulf Coast. Producers can find other means to move…

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indonesia forest fires children on lake greenpeace

Indonesian Inferno Releasing More CO2 than the U.S. Economy

In just three weeks, a raging inferno in Indonesia has released more CO2 than Germany does in a year, and more than that of the entire U.S. economy. Clearing forest and altering landscapes and waterways underlain by carbon-rich peat deposits for palm oil agriculture is to blame.

Alaska permafrost thaw house_over

Microbes Could Quickly Unlock Huge Carbon Stores in Arctic Permafrost

A first-of-a-kind study indicates microbial action on thawing Arctic permafrost can result in rapid increases in atmospheric CO2. Extending across northern Eurasia and Alaska, the equivalent of more than twice as much CO2 is stored in Arctic permafrost as is present in the atmosphere, highlighting the risk and threats posed by a warming climate.

NOAA 915 temp report map

GDP, Incomes Likely to Fall as Climate Warming Continues

With global mean temperature setting new record-highs, new research from Stanford and UCal Berkeley concludes economic output will peak and then decline rapidly this century. More than 70 percent of the world’s nations are likely to experience declines in economic output this century, with countries in already warm climate zones affected the most.

Forest offers many benefits, including a carbon sink

Center for Carbon Removal: Beyond Mitigation in a 2C World

This post first published in TriplePundit Later this year ministers, scientists, diplomats and heads of state from more than 190 countries will convene in Paris for COP 21 with the ambitious goal of adopting a binding international treaty to limit greenhouse gas emissions from human activity. The enormity of that task can be distilled to one number: two. Climate scientists warn that a 2 degrees Celsius rise of…

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The smog over Los Angeles

70 Mayors Write in Support of EPA’s Stricter Ozone Standards

The mayors of Grand Rapids and Salt Lake City publicized the letter, which cites the numerous acute and chronic threats to public health ground-level ozone poses. The EPA recently proposed lowering national ozone pollution levels to 65-70 parts per billion.