15 May 2017, Climate Home, Bangladesh faces food supply crunch after flash floods. The price of rice has spiked in Bangladesh after flash floods wiped out vast stretches of paddy field just ahead of harvest time. Unusually heavy pre-monsoon rainfall submerged 400,000 hectares of wetland in the northeast of the country, damaging some 2 million tonnes of rice. It is already having an impact on the market. Agricultural economist Quazi Shahabuddin, former head of the Bangladesh Institute of Development Studies, told Climate Home it will cause suffering across the country this year. A kilogram of coarse rice costs 38 Bangladeshi taka ($0.57), a 58% hike since the same period in 2016, according to official data. The government is planning to procure 600,000 tonnes of rice from countries including India and Thailand, the first time in six years it has relied on international markets. The food department has put out a tender for the first 100,000-tonne tranche. “The sudden flash flood has forced us to do that,” explained Badrul Hasan, director general of the food department. The affected districts Netrokona, Sunamganj, Brahmanbaria, Moulovibazar, Hobignaj, Kishoreganj and Sylhet are located at the foothills of Indian Meghalaya and Assam states. Known as “haor” or wetland, this region is typically inundated every year in mid-May and stays underwater for six months. The problem this year was not the volume of rain, but the timing. Flash floods came at the end of March, before the farmers had harvested the “boro” crop they rely on for their annual income. Read More here
Monthly Archives: May 2017
15 May 2017, Climate Home, India and China ‘on track to exceed Paris climate pledges’. With downgraded outlooks for coal use, India and China are set to beat their pledges to the Paris climate agreement, according to an updated analysis of their climate policies. Just as coal plants are cancelled in the two largest emerging economies, in the US, the Trump administration has started to roll back regulations designed to constrict emissions. But analysis released by Climate Action Tracker (CAT) on the sidelines of a UN climate meeting in Bonn, Germany found policies in India and China would more than outweigh slower emissions reductions in the US. The growth in global emissions has stalled in recent years, thanks mainly to reduced consumption of coal in China. “This has been attributed partially to structural changes in the Chinese economy, but also a continued policy drive to reduce coal use to both combat air pollution and climate change,” said Dr Yvonne Deng, a consultant scientist at Ecofys, one of a group of organisations that contributes to the CAT project. Deng said it was unclear whether the last three years of coal data in China was “merely a pause in the steady growth, or whether this is a sign of China having reached its peak in coal consumption”. Earlier this year, China cancelled construction plans for 103 coal power stations. If it turned out to be a sustained decline, she said, the country’s annual emissions in 2030 could be 1-2 gigatonnes lower than CAT predicted at this time last year. China’s current emissions are between 11 and 12Gt a year. Read More here
11 May 2017, Renew Economy, Budget papers reveal jobs to grow at CEFC, but CCA left without funds. While the Turnbull government’s second budget distinguished itself for its complete lack of provisions for – or even references to – climate change, RenewEconomy did notice that the papers flagged an increase in staff numbers at the Clean Energy Finance Corporation, from 80 people to 101. According to the CEFC, the staff increase noted in the budget reflects the green bank’s expectation that it will need more hands on deck to manage its “expanding and diversified” investment portfolio. And that’s because it is doing very well. “The budget papers show that we are forecast to exceed the target $800 million to $1 billion of new contracted investments during 2016/17, which is a considerable step up in the level of investment over prior periods,” a CEFC spokesperson told RE in an email. “As the CEFC’s investment portfolio progressively grows (currently $1.5 billion invested and $3 billion committed of the $10 billion appropriated to CEFC), the Board of the CEFC must ensure it has the requisite resources in place to properly manage those investments and associated business risks, on behalf of the Australian taxpayer, in an efficient and effective manner,” the email said. The extra funds contrasts with the fate of the Climate Change Authority, which has been effectively defenestrated by the Coalition government. Once again, its funding does not extend beyond the coming financial year, as the Coalition repeats its desire to close the authority. The CCA, established by Labor and the Greens to provide independent advice on climate targets and policies, has been embroiled in controversy in recent months, leading to resignations from key board members such as Clive Hamilton and John Quiggin, over what they described as compromised reports. But even these have been ignored by the Coalition. The CEFC has also been on the coalition’s hit list, but is now tolerate given it has chalked up an impressive track record since its inception in 2013. The LNP has shifted from describing the CEFC as a “giant green hedge fund” or “honeypot to every white-shoe salesman imaginable,” to claiming it as a major national success; one that marked its third year of operation with a record $837 million committed to new clean energy investments, contributing to projects with a total value of $2.5 billion, and achieving a 73 per cent year-on-year increase in the value of new investment commitments. Read more here
10 May 2017, Climate Central (report), Coastal communities are enduring growing flood risks from rising seas, with places like Atlantic City, sandwiched between a bay and the ocean, facing some of the greatest threats. Guided by new research by Climate Central’s Scott Kulp and Benjamin Strauss, reporter John Upton and photographer Ted Blanco chronicled the plight of this city’s residents as they struggle to deal with the impacts. Upton spent months investigating how the city is adapting, revealing vast inequity between the rich and the poor…. DeDomenicis has lived in this house since 1982, a few hundred feet from a bay. She used to work as a restaurant server; now she’s a school crossing guard. Her husband walked a mile to his job at Bally’s Casino until he retired in January. They’ve seen floods worsen as the seas have risen, as the land beneath them has sunk, and as local infrastructure has rotted away. “It comes in the front door, the back door, and then from the bottom of the house, in through the sides,” DeDomenicis said. “You watch it come in and it meets in the middle of the house — and there’s nothing you can do.” Two miles east of Arizona Avenue, the U.S. Army Corps of Engineers is spending tens of millions of dollars building a seawall to reduce storm surge and flooding risks for Atlantic City’s downtown and its towering casinos, five of which have closed in the past four years. A few miles in the other direction, it’s preparing to spend tens of millions more on sand dunes to protect million-dollar oceanfront homes. Read More here