The Adani coal mining project, which would severely impact Australia’s Great Barrier Reef, has been denied finance by every bank it has turned to — until now. India’s State Bank is considering providing finance. This petition to the CEO seeks to dissuade him.
— but it’s not the only one. A Guardian article from 19-11-2020 by Robert Devine explains what is a “market failure” and shows how markets alone can never solve a problem like climate change. Also lots of good comments, for and against, following the article.
Sir David King, former chief government scientific adviser , gave the Lord Mayor of Coventry’s annual Peace Talk on November 12th 2020. A recording of the talk is available here. Well worth watching, in particular for King’s view of Extinction Rebellion, 57 minutes in to the recording.
This article on the Edie website reports on a speech by European Commission President Ursula von der Leyen in which she announces plans for a 55% reduction in EU greenhouse gas emissions by 2030. This is in line with the EU’s plan to reach carbon neutrality by 2050.
Please e-mail suggestions for other stories we should link to, to firstname.lastname@example.org. At some point we may need someone with superior sorting abilities to categorise and organise the stories; if you could be that person, please contact us. Climate Home News offers excellent coverage. You can subscribe on their website to receive their regular mailings.Continue reading “Recent News”
The world is running out of time to tackle the climate crisis, say leading experts, according to a Guardian article on November 09-11-2020. They argue that insufficient emphasis is being given to the greenness of the economic recovery from Covid. Another article in the Guardian on 9-11-2020 gives more detail on what proportion of recoveryContinue reading “The world is running out of time”
One of the dangerous feedbacks which rising temperatures may trigger is the release of methane from rotted vegetation, currently frozen under the artic tundra. Methane has a warming effect 84 times as strong as CO2. This Guardian article from 27-10-2020 reports on evidence that it is beginning to be released.
The October 2020 World Economic Outlook report, from the International Monetary Fund IMF, warns that current emissions policies are grossly insufficient, and that “Without further action to reduce greenhouse gas emissions, the planet is on course to reach temperatures not seen in millions of years, with potentially catastrophic implications.” This is particularly striking since forContinue reading “Report from IMF”
Renewables or Nuclear? Which is a better path to decarbonisation? This article from The Conversation, on 29-10-2020, reports on a study which shows that countries which invest in renewables succeed in reducing their emissions more than countries investing in nuclear — and moreover the price advantage of renewables continues to grow.
Banks lent trillions of dollars in 2019 to finance ecologically destructive activities. The Guardian article on 28-10-2020 summarises a recent report.