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  • Assessing the impact of climate risks on the financial system

    In the wake of 2015 Climate Paris Agreements to limit global temperature below 2°C above pre-industrial levels, many governmental and private stakeholders have advocated for the introduction of policies to mitigate climate change. This would affect directly only the fossil-fuel and utility sector, but it would also expose indirectly many other economic sectors, in particular the energy-intensive sectors. The financial system can be affected due to its exposure to firms in the form of equity shares, bonds holdings and loans. However, the impact of climate policies on the financial system has remained unclear so far.

    >> Read the Full Article
  • Americans used more clean energy in 2016

    Americans used more renewable energy in 2016 compared to the previous year, according to the most recent energy flow charts released by Lawrence Livermore National Laboratory. Overall, energy consumption was nearly flat.

    Each year, the Laboratory releases energy flow charts that illustrate the nation's consumption and use of energy. Americans used 0.1 quads (quadrillion BTU), more in 2016 than in 2015. A BTU, or British Thermal Unit, is a unit of measurement for energy; 3,400 BTUs is equivalent to about 1 kilowatt-hour.

    >> Read the Full Article
  • Wildfire experts predict large, high-intensity forest fires will increase

    When it comes to large, high-intensity forest fires, we can expect to see a lot more in the coming years, according to South Dakota State University professor Mark Cochrane, a senior scientist at the Geospatial Sciences Center of Excellence.

    >> Read the Full Article
  • Greenhouse gas effect caused by mangrove forest conversion is quite significant

    Clear-cutting of tropical mangrove forests to create shrimp ponds and cattle pastures contributes significantly to the greenhouse gas effect, one of the leading causes of global warming, new research suggests.

    >> Read the Full Article
  • Study: Warm Atlantic waters contribute to sea ice decline

    A University of Alaska Fairbanks study has determined that warmer water migrating from the Atlantic Ocean is a surprisingly powerful contributor to Arctic sea ice decline.

    Research led by Igor Polyakov, a professor at UAF’s International Arctic Research Center and College of Natural Science and Mathematics, has found that Atlantic currents contribute to sea ice loss in the Arctic Ocean at a rate comparable to warming air temperatures.

    >> Read the Full Article
  • Plants have been helping to offset climate change, but now it's up to us

    Plants are currently removing more CO2 from the air than they did 200 years ago, according to new work from Carnegie’s Joe Berry and led by J. Elliott Campbell of UC Merced. The team’s findings, which are published in Nature, affirm estimates used in models from the Intergovernmental Panel on Climate Change.  

    Plants take up carbon dioxide as part of the process of photosynthesis—a series of cellular reactions through which they transform the Sun’s energy into chemical energy for food. This research from Campbell, Berry, and their colleagues constructs a new history of global changes in photosynthetic activity.

    >> Read the Full Article
  • NASA Sees Tropical Cyclone Ernie Intensify

    The storm formerly known as tropical cyclone 15S, now called Tropical Cyclone Ernie continued to strengthen as NASA's Aqua satellite captured a visible image that showed the storm developed an eye.

    >> Read the Full Article
  • Record New Renewable Power Capacity Added at Lower Cost

    As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published today by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance.

    Global Trends in Renewable Energy Investment 2017 finds that wind, solar, biomass and waste-to-energy, geothermal, small hydro and marine sources added 138.5 gigawatts to global power capacity in 2016, up 8 per cent from the 127.5 gigawatts added the year before. The added generating capacity roughly equals that of the world's 16 largest existing power producing facilities combined.

    >> Read the Full Article
  • El Salvador Passes World's First Total Ban on Metals Mining

    El Salvador has become the first nation in the world to ban the mining of gold and other metals, ending a decades-long fight by activists to protect the country’s limited water resources.

    >> Read the Full Article
  • Some of Greenland's coastal ice will be permanently lost by 2100

    The glaciers and ice caps that dot the edges of the Greenland coast are not likely to recover from the melting they are experiencing now, a study has found.

    Researchers report in the current issue of the journal Nature Communications that melting on the island passed a tipping point 20 years ago. The smallest glaciers and ice caps on the coast are no longer able to regrow lost ice.

    >> Read the Full Article

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