27 November 2015, Climate News Network, UN counts climate’s human cost. COP 21: New study informs Paris summit delegates that extreme weather in the last two decades has claimed well over half a million lives and cost trillions of dollars. In the 20 years since the first UN conference on climate change, weather-related disasters have claimed 606,000 human lives, damaged or destroyed 87 million homes, and injured, displaced or left helpless a total of 4.1 billion people. A new study from the UN Office for Disaster Risk Reduction (UNISDR) demonstrates that 90% of all disasters are now weather-related. And the average of 335 weather-related disasters per year in the last 10 years is twice that recorded between 1985 and 1995. The report, The Human Cost of Weather-Related Disasters 1995-2015, is intended to focus attention during the UN climate change conference – which opens in Paris on Monday − on the damage already inflicted by global warming as a consequence of rising levels of greenhouse gases in the atmosphere, in turn as a consequence of the human combustion of fossil fuels and the destruction of the planet’s forests. Read More here
Category Archives: Global Action Inaction
27 November 2015, The Conversation, Out of step: marching for climate justice versus taking action. This weekend, tens of thousands (perhaps hundreds of thousands) of people in cities around the world will take to the streets to protest against governments’ inaction on climate change. Past experience suggests media coverage will be largely sympathetic, if cursory, and (many) politicians will say that they hope the Paris climate summit that begins immediately afterwards represents a turning point. We have been here before. Quite often. There have been demonstrations at international climate meetings since at least 1990. However, “sympathy” marches in places far removed from the climate talks – such as those planned this weekend – are less frequent. So, can they make a difference? Read More here
25 November 2015, Renew Economy, Australia can meet its Kyoto target – but “real emissions” will not fall to -5% by 2020. In line with our earlier update, Environment Minister Greg Hunt will today announce that Australia’s greenhouse gas abatement task to meet its 2020 emissions reduction target has fallen “below zero”, meaning that Australia will meet its 2020 target. While we will officially meet our Kyoto target, Australian emissions will not fall to -5 per cent on 2000 levels by 2020. Australian emissions are projected to grow from today (currently -2 per cent on 2000 levels) through to 2020, increasing 6 per cent to be plus 4 per cent on 2000 levels by 2020, well short of the -5 per cent target. Below, we summarise how Australia’s Kyoto target can be met, despite emissions continuing to grow. What is an “abatement task” and how is it derived? Read more here
24 November 2015, Renew Energy, Carbon budgets: Knowing when to hold and when to fold. As global leaders pull up a seat around the negotiating table in Paris in the next fortnight, there is no doubt discussion will quickly turn to the carbon budget and how to spend it. That’s the budget that will determine whether the world stays under two degrees of warming or sails into the unchartered waters of three, four or even a five-degree temperature increase. No one imagines that decision will be made this December at this Conference of the Parties. However to retain any hope of a safe and stable climate, the next decade will see debate around the division of the world’s carbon budget front and centre of discussions between nations, scientists, economists and financial analysts. It’s the gravitational pull of this discussion that will ensure the now heated debate surrounding divestment versus engagement as the most effective form of shareholder activism gets a more forensic examination. Certainly the debate is a now a fairly regular presence in the media, as individual and institutional investors become increasingly wary of the environmental, social and long-term financial risks posed by various holdings within their portfolios. In the last few years the issue’s profile has been raised in response to the fossil fuel divestment movement. Pressure for change is growing from within the community, fuelled in part by a growing awareness of how personal finances are being invested by banks and other institutions. This awareness is largely driven by technological change – investors now have access to more information than at any point in history – if BHP Billiton has a dam wall collapse the world knows within minutes. Read More here