Climate change makes power supplies less reliable. Sometimes we need to mitigate the risk.
Canadian securities regulators to develop new guidance on climate risk disclosures | The Globe and Mail
The Canadian Government is getting serious about reporting climate risks for investors.
10 takeaways from Europe’s landmark sustainable finance plan | Ethical Corp
Pro-coal right comes after Turnbull | The Saturday paper
The pro-coal 'Monash Forum' may do little but blacken the name of a revered Australian | The Conversation
Minerals Council goes cold on coal in new energy policy | SMH
BHP formally leaves World Coal Association | AFR
How Sam Walsh started the retreat that earned Rio Tinto $US9b | AFR
Press Release | TCFD
The work of the TCFD gains wider acceptance.
Rio Exits Coal Business With $4 Billion of Deals in a Week | Bloomberg
Rio votes with its feet and gets out of coal. A very prudent risk strategy.
Down to the wire: A sustainable electricity network for Australia | Grattan Institute
Billions of dollars spent on network infrastructure that was not needed. We need to re-think how we forecast demand and cope with demand during peak times of consumption.
Australia one of the countries most exposed to climate change, bank warns | SMH
We in Australia need to start addressing this problem seriously.
Climate and Growth: An OECD perspective on the future we need | Melbourne Sustainability Society
The University of Melbourne is hosting this free lecture, organised by the Melbourne Sustainability Society. The lecture will be given by OECD Environment Directorate Acting Director, Anthony Cox, and will focus on what governments can do to boost economic growth and enhance productivity without locking the world into a high-emissions future.
Still too much NSW baseload after Liddell closure: AGL Energy | AFR
Even after the shutdown of Liddell, NSW still has excess baseload supply. Were the doomsayers right?
Mind The Gap: the $1.6 trillion energy transition risk | Carbon Tracker Initiative
Fossil fuel companies risk wasting $1.6 trillion of expenditure by 2025 if they base their business on emissions policies already announced by governments instead of international climate goals, Carbon Tracker warns in a report released today, that models the IEA’s 1.75C scenario for the first time.
Financing Sustainable Growth | European Commission
Visualisation of the actions
Download the report here
The action plan on sustainable finance adopted by the European Commission in March 2018 has 3 main objectives:
- reorient capital flows towards sustainable investment, in order to achieve sustainable and inclusive growth
- manage financial risks stemming from climate change, environmental degradation and social issues
- foster transparency and long-termism in financial and economic activity
None of our insurers are keeping pace with climate change | SMH
Although insurance companies are in the firing line of climate change risk, they need to do more to report the risks their firms face exposure.
‘We have to change capitalism’ to beat climate change, says world’s biggest asset manager | Renew Economy
Researchers warn of sealevel rises of 1.2 m by 2300 | The Australian
As scientists refine their models, the outlook only worsens. We need to start planning for the scenarios forecasted.
Sea levels would rise between 70cm and 1.2m by 2300 even if the Paris Agreement greenhouse gas emissions targets were urgently met, researchers say. Every five-year delay in achieving zero net global carbon dioxide emissions this century would add 20cm .... Read More
The Diesel Disaster: Are Driving Bans Coming for German Cities? | Der Spiegel
There is a growing tide of opposition to fossil fuel powered cars. Can the car industry respond quickly enough?