By Hiroko Tabuchi, The New York Times Highlights: Oil and gas production sites emitting more methane than previously accounted for: Fossil-fuel emissions from human activity — namely the production and burning of fossil fuels — were underestimated by 25 to 40 percent, per new study. Methane emissions are particularly harmful in the short term, warming … Read more
By Edward Robinson and Nishant Kumar, Bloomberg Highlights: British billionaire Chris Hohn of TCI Fund Management is pushing companies to provide transparency on their carbon emissions and ultimately reduce their environmental impact. Hohn is threatening to call on investors to fire managers and oust board members who do not make promises to reduce their carbon … Read more
By Christopher Flavelle, The New York Times Highlights: Due to pressure from shareholders and environmental activists, financial institutions and insurance companies are no longer investing in oil production taking place in Alberta, Canada. Though divestment promises have been made, oil extraction from the province increased last year Local Canadian banks and pension funds are still … Read more
Below are several selected upcoming committee hearings and several, but not all, of the key bills we are tracking. For a complete list of the roughly 16 bills we are currently tracking in 2020, click HERE. We do expect many more bills relating to Community Choice, electricity system resilience, microgrids, the climate crisis, and other … Read more
By Paul Voosen, Science Magazine And see here, The world’s oceans are speeding up — another mega-scale consequence of climate change Highlights: Ocean currents have been increasing in energy for the last few decades, which can affect jet streams, weather patterns, marine wildlife and the amount of heat stored in the ocean’s depths. Three-quarters of the … Read more
By Rachel Becker, Cal Matters Highlights: California Governor Gavin Newsom announced the Climate Catalyst Loan Fund in his state budget proposal. The fund would offer low-interest loans to climate-related projects that would otherwise struggle to attract loans, but policy analyst Brian Weatherford believes that the administration may not be able to determine the best projects … Read more
By Emily Holbrook, Environmental Leader Highlights: Regulatory institutions and central banks are beginning to consider climate change a threat to the world’s financial stability. 55% of central banks say they are monitoring climate risks, but some of them feel that governments should be the ones mitigating climate issues Central banks and regulatory authorities are beginning … Read more
By Brandon Specktor, Live Science Highlights: Pine Island Glacier, one of the fastest-shrinking glaciers in Antarctica, broke off chunks of ice in an event known as “calving,” just days after the region hit it’s all-time highest temperature. Calving, the breaking of ice away from the edge of glaciers, has become a nearly annual occurrence for the … Read more
By Tracy Rucinski, Reuters Highlights: Delta Airlines aims to become the first carbon-neutral airline and plans to invest $1 billion over the next ten years to limit its environmental impact. The aviation industry accounts for roughly 2% of global carbon dioxide emissions Airlines have made small scale changes such as plastic waste reduction due to … Read more
By Sophie Bethune, American Psychological Association Highlights: Washington State considers banning internal combustion engine (“ICE”) vehicles by 2030. The concept has been introduced in various countries such as Norway, the UK, and Denmark in efforts to lessen transportation emissions The Washington bill, HB 2515, would ban the sale of new ICE cars by 2030, including … Read more
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