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According to the EPA , transition risks are related to the transition to a lower-carbon economy, while physical risks are associated to the physical impacts of climate change. It can be challenging to keep up, which is why we’ve developed this guide as a tool to quickly catch up. Let’s get into it.
The Clean Shipping Act would direct the US Environmental Protection Agency (EPA) to set increasingly stringent carbon intensity standards for shipping fuel by 2040, in line with the goals of the ParisAgreement. Encouragingly, governments are also demonstrating a willingness to work together.
We could describe the enthusiastic presentations and panel discussions over the two days by global participants a kumbaya gathering to refresh and update the 2015 ParisAgreement (or Accord) moments as the world leaders then set out ambitious goals to limit global warming. The measures sovereign governments (large and small!)
Withdrawing from the Paris Climate Agreementpresents a significant challenge to bending the global emissions curve since it is one of the worlds largest greenhouse gas (GHG) emitters, but a variety of other actions will endanger the energy transition.
Physical risks emerging from extreme weather events are already disrupting supply chains, curtailing crop yields and impeding economic growth. My colleague, Dr Scott Kelly, Senior Vice President of Model Development and Analytics, recently presented expert testimony before the US Senate Budget Committee, explaining how climate change-driven disruption (..)
Richard Nixon, for his part, created the Environmental Protection Agency (EPA). And in 1987, Ronald Reagan signed on to the Montreal Protocol, an international agreement that helped shrink a gaping ozone hole over Antarctica. But for Zakrzewski, there’s no time like the present to start making change within the party.
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