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Climate risk and the high cost of waiting

GreenBiz

Climate risk and the high cost of waiting. What’s the value of opening a coal plant today when the economic and social cost of operating it is so much higher than alternatives? And what’s the cost of being so overwhelmed by these time loops that we change nothing at all? Emily Chasan.

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These solar bus stops could combat heat stroke in blistering heat wave

Corporate Knights

As Spain suffers through yet another terrifying heat wave, researchers at the Higher Technical School of Engineering at the University of Seville have unveiled a new pilot project designed to prevent heat stroke while locals wait for the bus. Such solutions are urgently needed in a city where the high temperature broke 40°C last week.

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Countries have to double their power grid renewal to meet climate targets

Corporate Knights

C target in the 2015 Paris climate agreement, the IEA warns. C target in the 2015 Paris climate agreement, the IEA warns. That gridlock is already happening, the report concludes, with 1,500 gigawatts of renewable energy projects waiting to be connected to transmission. C out of reach and undermine energy security.”

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‘Extraordinary growth’ in clean energy is keeping the ‘narrowed’ pathway to 1.5 ?C open: IEA

Corporate Knights

Governments need to separate climate from geopolitics, given the scale of the challenge at hand.” In the updated net zero scenario, a huge policy-driven ramping up of clean energy capacity drives fossil fuel demand 25% lower by 2030, reducing emissions by 35% compared with the all-time high recorded in 2022,” the IEA writes.

Net Zero 308
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Environment and Climate Minister Steven Guilbeault has unveiled detailed plans to phase out “inefficient” oil and gas subsidies, based on guidelines released yesterday morning that take effect immediately and are meant to fulfill a 14-year-old pledge by G20 countries. We are bending the curve on Canada’s fight on pollution.”

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Can California’s cap and trade address environmental justice?

GreenBiz

Pollution, poverty and race collide in many other disadvantaged communities across California — and the country — and some argue that the state’s climate policies haven’t helped. Can California’s cap and trade address environmental justice? Julia Rosen. Wed, 12/16/2020 - 01:30. every first Wednesday. I forget that this isn’t normal," he says.

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Synergies and Trade-offs at the Climate-nature Nexus

Chris Hall

Investors discussed the practical challenges of climate- and nature- positive investing at a recent Paris roundtable hosted by S&P Global Sustainable1 and ESG Investor. The urgency and relevance of the climate-nature nexus has been clear for all to see at COP28 in Dubai.