Australia’s climate has warmed on average by 1.44 ± 0.24 °C since national records began in 1910, leading to an increase in the frequency of extreme heat events.
Australia will not be invisible to Joe Biden, especially when it comes to China and climate change | The Guardian
Joe Biden represents hope on a number of fronts. If his campaign pledges carry meaning, Biden will try to kickstart the cause of international climate action – which is both urgent and important – and he will attempt to restore America as a constructive and steady presence in global affairs, including engaging in this region about the challenges posed by China’s hegemonic ambitions.
BHP targets China's steel sector emissions as climate pressure builds | The Age
BHP and China Baowu Steel Group (formerly known as Baosteel) have entered into a five-year agreement to work on projects aimed at reducing the carbon footprint of the highly emissions-intensive steel sector, estimated to be responsible for up to 10 per cent of global emissions.
Millennial makes history after successfully suing super fund for not doing enough on climate change | ABC
Rest super fund commits to net-zero emission investments after Brisbane man sues.
Australian Pension Fund Settles Climate Change Lawsuit | Chief Investment Officer
“Rest acknowledges that climate change could lead to catastrophic economic and social consequences and is an important concern of Rest’s members,” the pension fund said. “Climate change is a material, direct, and current financial risk to the superannuation fund across many risk categories, including investment, market, reputational, strategic, governance, and third-party risks.”
A Biden presidency would put pressure on Scott Morrison over climate change | The Conversation: Grattan on Friday
“Assuming things go Biden’s way, Morrison would pivot to what would be a more conventional presidency, although one that would bring its own challenges for him, especially on climate policy."
Centre-right thinktank warns Morrison government of 'grave future for coal exports' |
“Failing to commit to net zero by 2050 will diminish our international standing, and harm our competitiveness,” the report says.
How big business saw the climate turning point coming | AFR
Climate change is suddenly at the heart of the political narrative but the country's leaders are playing catch-up with business, finance and investment institutions.
"Pollination’s mission is to play a proactive role in helping facilitate that change through world class advice and investment.”
Global fossil fuel subsidies reach $5.2 trillion, and $29 billion in Australia | Renew Economy
The IMF estimates that annual energy subsidies in Australia total $29 billion, representing 2.3 per cent of Australian GDP. On a per capita basis, Australian fossil fuel subsidies amount to $1,198 per person.
Rising Seas Will Erase More Cities by 2050, New Research Shows | NY Times
Further loss of land to rising waters there “threatens to drive further social and political instability in the region, which could reignite armed conflict and increase the likelihood of terrorism,” said General Castellaw, who is now on the advisory board of the Center for Climate and Security, a research and advocacy group in Washington.
“So this is far more than an environmental problem,” he said. “It’s a humanitarian, security and possibly military problem too.”
The transition to renewable energy | The Saturday Paper
“THERE’S REALLY NO EXPLANATION FOR THE GOVERNMENT’S POSITION EXCEPT BLIND IDEOLOGY AND VESTED INTERESTS. IT’S CAPTURED BY THE FOSSIL FUEL INDUSTRY.”
Ross Garnaut: Why Australia can be a renewable superpower | Renew Economy
Leading economist and climate change policy expert Professor Ross Garnaut joins Energy Insiders to explain how Australia can reach 100 per cent renewables in little more than a decade, and then go further and be a renewable superpower.
Record drop in electricity production from coal as rich nations go green | The Times UK
Reductions in burning of the most carbon-intensive fossil fuel in Britain, Germany, South Korea and other developed countries are outstripping increases in China, Vietnam and elsewhere, meaning that the overall total is expected to decline by 3 per cent in 2019.
Mark Carney on the risks and opportunities of a low carbon economy transition | The Fifth Estate
A great summary of Mark Carney’s speech at the 10th Climate Alliance conference in Melbourne.
Mark Carney addresses Melbourne Climate Alliance Conference via video
He addresses Reporting, Risk Management and Returns in the face of climate change risks. Visit here to book.
Credit Suisse exec: Firms ignoring climate change could 'go to zero' | Yahoo Finance
“It’s about quickly accelerating the transition in some of these older industries that have a bigger carbon footprint. That could be maritime, it could be long haul trucking, it can be automobiles. All of these industries are migrating, but they need to migrate faster.”
World Scientists’ Warning of a Climate Emergency | Bio Science
Scientists have a moral obligation to clearly warn humanity of any catastrophic threat and to “tell it like it is.” On the basis of this obligation and the graphical indicators presented below, we declare, with more than 11,000 scientist signatories from around the world, clearly and unequivocally that planet Earth is facing a climate emergency.
Rising Seas Will Erase More Cities by 2050, New Research Shows | NY Times
Further loss of land to rising waters there “threatens to drive further social and political instability in the region, which could reignite armed conflict and increase the likelihood of terrorism,” said General Castellaw, who is now on the advisory board of the Center for Climate and Security, a research and advocacy group in Washington.
“So this is far more than an environmental problem,” he said. “It’s a humanitarian, security and possibly military problem too.”
World must triple efforts or face catastrophic climate change, says UN | The Guardian
Rapid emissions turnaround needed to keep global warming at less than 2C, report suggests.