Tag Archives: climate change

Could Global Tide Be Starting To Turn Against Fossil Fuels?

Could Global Tide Be Starting  To Turn Against Fossil Fuels?
From an oil chill in the financial world to the recent U.S.-China agreement on climate change, recent developments are raising a question that might once have been considered unthinkable: Could this be the beginning of a long, steady decline for the oil and coal industries? Alarm bells are ringing for the masters of the financial universe, too. The governor of the Bank of England, Canadian banker Mark Carney, warned repeatedly during 2014 ... Read more

Economics As If Future Generations Mattered

Economics As If Future Generations Mattered
Above: By Lieven Soete under a CC license Growing numbers of people are waking up to the reemerging Commons ethic, which holds that human systems must be aligned to match ecological ones. People believe that future generations have the inalienable right to a healthy planet, and many are now seeking ways to withdraw their consent to the politics and policies that lead to a toxic future. A rights-based approach to human systems like the ... Read more

EU Agrees To Cut Greenhouse Gas Emissions

EU Agrees To Cut Greenhouse Gas Emissions
EU leaders called the 40-percent target an ambitious signal to the likes of the United States and China to follow suit at a U.N. climate summit France is hosting in December next year. “Europe is setting an example,” French President Francois Hollande said, acknowledging that it had been a hard-won compromise but calling the final deal “very ambitious.” “Ultimately, this is about survival,” said summit ... Read more

Declaration Of Principles & Action For New World

Declaration Of Principles & Action For New World
From the Moving Beyond Capitalism Conference in San Miguel de Allende, Mexico held in August, 2014 Staff note: The statement below was written using a collaborative process beginning at the Moving Beyond Capitalism Conference this summer in San Miguel de Allende, Mexico. It addresses two crises: neoliberal trade and climate change. To get involved in our work to create trade justice, click here  and to get involved in our work for climate ... Read more

California Harvest Much Smaller Than Normal Across Crops

California Harvest Much Smaller Than Normal Across Crops
It’s harvest time in much of California, and the signs of drought are almost as abundant as the fruits and nuts and vegetables. By Dale Kasler Originally published in the Sacramento Bee One commodity after another is feeling the impact of the state’s epic water shortage. The great Sacramento Valley rice crop, served in sushi restaurants nationwide and exported to Asia, will be smaller than usual. Fewer grapes will be available to produce ... Read more

Governments Can Push A Win-Win For Climate

Governments Can Push A Win-Win For Climate
The “win-win” character of climate action seems finally to be sinking in. At the UN summit, hundreds of political and business leaders from around the world outlined commitments that constitute practical steps toward enhancing their countries’ economic prospects, improving their citizens’ quality of life, and benefiting firms’ bottom lines. Of course, today’s carbon-intensive businesses may see far more risk than opportunity in climate ... Read more

How Wall Street Really Is Failing The Planet

How Wall Street Really Is Failing The Planet
Investors are putting short-term rewards ahead of the long-term health of the planet. The International Energy Agency estimates that another $10.5 trillion will need to be invested in clean energy by 2030 to avoid raising the planet’s temperature by more than 2 degrees Celsius. If warming exceeds that level — or even if it falls short — it could have catastrophic, irreversible effects. Financing for fossil fuels snapped ... Read more

The Economics of ‘Flood Wall Street’

The Economics of ‘Flood Wall Street’
After nearly 400,000 people turned out for a climate march in New York City on Sunday, activists are taking that momentum to protest in Lower Manhattan on Monday in what they’re calling Flood Wall Street. The slogan is “Stop capitalism. End the climate crisis,” and the goal is to “confront the root cause of the climate crisis – an economic system based on exploiting frontline communities, workers and natural resources.” Above ... Read more

Oil refinery threatened by sea-level rise, asks government to fix problem

Oil refinery threatened by sea-level rise, asks government to fix problem
I pointed out last week that the major oil companies are actually much more willing than Republican politicians to admit the reality of climate change. I offered a few explanations as to why, but left out an important one: If you’re in business, you simply cannot afford to ignore the effects of climate change. The oil industry in particular builds expensive infrastructure, and its scientists and engineers use the best available science to ... Read more

“Devastating” Impacts of Climate Change Increasing

“Devastating” Impacts of Climate Change Increasing
A massive collapse of an ice sheet in Western Antarctica has begun and, according to scientists, is most likely an unstoppable event that will cause an inevitable rise in global sea levels of at least 10 feet. The rise will be relatively slow at first, but by 2100 will ramp up sharply. This could happen sooner, warn the scientists, as the impacts of anthropogenic climate disruption (ACD/climate change) continue to intensify. Read more