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Wilderness: an immersive 360° journey into Patagonia – video
The wilderness of Patagonia – shared by Argentina and Chile – has frequently been threatened by logging and oil industries. But in January, Chile signed a historic act of conservation, creating five protected national parks covering 4m hectares
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EU Market: EUAs surge back above €16 amid soaring energy prices
Carbon 'bubble' could cost global economy trillions
Guatemala volcano: Dozens die as Fuego volcano erupts
Senior Environmental Affairs Adviser, Organisation for Security and Cooperation in Europe – Vienna
ANALYSIS: After multiple defeats, what next for US state-level carbon pricing initiatives?
'Carbon bubble' could spark global financial crisis, study warns
Advances in clean energy expected to cause a sudden drop in demand for fossil fuels, leaving companies with trillions in stranded assets
Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found.
A sudden drop in demand for fossil fuels before 2035 is likely, according to the study, given the current global investments and economic advantages in a low-carbon transition.
Continue reading...What is the carbon bubble and what will happen if it bursts?
As the world moves towards a low-carbon economy, fossil fuel investments worth trillions of dollars, from oil wells to cars, will lose their value
Read more: ‘Carbon bubble’ could spark global financial crisis, study warns
Investments amounting to trillions of dollars in fossil fuels – coal mines, oil wells, power stations, conventional vehicles – will lose their value when the world moves decisively to a low-carbon economy. Fossil fuel reserves and production facilities will become stranded assets, having absorbed capital but unable to be used to make a profit. This carbon bubble has been estimated at between $1tn and $4tn (£3tn), a large chunk of the global economy’s balance sheet.
Continue reading...The latest weak attacks on EVs and solar panels | Dana Nuccitelli
The powerful few who benefit from the fossil fuel status quo are exerting their influence
Over the past two weeks, media attacks on solar panels and electric vehicles have been followed by Trump administration policies aimed at boosting their fossil fueled rivals.
Continue reading...Fate of Ontario cap-and-trade becomes a two-horse race
Does Jurassic Park make scientific sense?
SK Market: KAUs weaken as market digests unclear auction information
Australia cancels contracts for 1.7m carbon credits
ETS delay puts China’s fledgling carbon industry in chokehold, survey shows
Supermarket giants aim to reduce waste
'No doubt our climate is getting warmer,' Malcolm Turnbull says
Despite the PM’s declaration, it is unclear how current climate policy will ensure Australia reaches its Paris commitment
Malcolm Turnbull, on a tour of drought-stricken areas in New South Wales and Queensland, has declared there is “no doubt that our climate is getting warmer”.
Flanked by Nationals on Monday in Trangie, Turnbull acknowledged climate change remained a live political debate but he said: “I don’t know many people in rural New South Wales that I talk to that don’t think the climate is getting drier and rainfall is becoming more volatile.”
Continue reading...Leaves reduced to lacework by caterpillars - country diary archive, 4 June 1918
4 June 1918 Most of these foliage-devourers are the larvae of geometer moths of various kinds, sometimes called loopers
Caterpillars are doing their best to eat up the woods. On some of the sycamores, elms, and other trees the leaves are already reduced to lacework; on others, oaks in particular, many of the leaves have vanished. Most of these foliage-devourers are the larvae of geometer moths of various kinds; they are sometimes called loopers, on account of their habit of humping up their backs and straightening themselves out for the next reach, as they walk, or they are known as stick caterpillars when, at rest, they apparently pretend to be lifeless twigs. Others are smaller moths, leaf-rollers and miners, and others, again, particularly abundant on the hawthorns but by no means confining their attention to this plant, are the showy little hairy “palmer worms,” the caterpillars of the gold-tailed moth, whose irritating hairs give tender skins a rash.
Related: Health warning as toxic hairy caterpillars take over woodlands
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