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.
Awards for the Climate Alliance Board of Advisors
At this year’s 10th annual conference we recognised long standing members of our Board of Advisors Taimur Siddiqi, Alan Pears, Mary Voice, Turlough Guerin, Tara Allsop and Lloyd Fleming.
This team has literally weathered the storm since 2009 including dramatic policy change, growing youth advocacy, substantial inroads within the business and board community, and, of course, increased consensus and compelling evidence that we need to act now.
Thank you for your outstanding contributions and guidance. Climate Alliance looks forward to your support over the next decade of progress
2019 Climate Alliance National Conference - Summary
This year’s National Conference featured presentations from a high-profile panel of speakers. Following the presentations was a panel discussion, with some robust discussion of current issues facing the business world and the ways in which businesses are tackling the step-change opportunities presented by the carbon reduction challenge.
Climate Alliance 2019 Business Leadership Award Winners
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.”
Minerals Council says it will release a 'climate action plan' next year | The Guardian
Climate change costs to hit these Australian regions hardest | AFR
Apple CEO Tim Cook says he's taking on climate change and needs backup | CNBC
“If you are an executive who has not developed an innovation strategy to address your impact on the climate, then you are failing in your duties as a leader.”
Insurance premiums high because of government misspend | The New Daily
The insurance industry has already declared Australia’s second bushfire ‘catastrophe’ of the season despite summer not yet arriving, renewing calls for more government mitigation work
Has Australia ‘over-invested’ in renewable energy? | Renew Economy
No. Minister Angus Taylor clearly hasn’t looked at the history of our electricity infrastructure. Renewable energy policy has been poorly designed, to some extent because of politicisation, and to some extent because no-one imagined it would grow this fast, driven by astounding cost reductions and technology developments.
The hot topic of climate change | The Saturday Paper
“The failure to have a coherent national energy policy is a major problem but it is founded on this rock of climate denialism inside the Liberal Party and inside the media, including by the newspaper you [the interviewer] work for.” Malcolm Turnbull
Mark Carney: banks should stress test clients for climate risk | Financial News
Just one in four of the companies surveyed in the task force’s 2019 status report provided the “fuller set” of information it recommended, the BoE governor highlighted, adding that progress across different sectors was “uneven”.
Thinking Ahead Institute reveals top fifteen extreme risks for investors | GARP
Non-financial threats loom larger, relative to economic or banking worries, according to the Thinking Ahead Institute.
Global temperature change ranks No. 1 on a list of 15 extreme risks compiled by the Thinking Ahead Institute (TAI).
The institute, a not-for-profit outgrowth of Willis Towers Watson Investments' Thinking Ahead Group, which dates back to 2002, raised the climate issue two places higher than it was in a 2013 ranking of “potential events that are very unlikely to occur but could have a significant impact on economic growth and asset returns should they happen.”
Currently placing second is global trade collapse, up from fifth in 2013, followed by a new entry, cyber warfare.
Tim Hodgson, head of the Thinking Ahead Group, pointed to a general trend of “financial risks falling down the rankings and non-financial extreme risks growing in significance. Global temperature change becomes the highest-ranked risk due to our assessment of higher likelihood coupled with significant impact – in the extreme this would mean mass extinction.”
Continue reading on GARP website.
Scorched Earth: Cities Seek to Protect Themselves from Climate Change | SPIEGEL ONLINE
For a long time, climate change was merely an abstract phenomenon for many people, one that future generations would be affected by, if at all. But the perception has changed dramatically in recent months.