Environment

New Federal Report Warns of Financial Havoc From Climate Change

WASHINGTON — A report commissioned by federal regulators overseeing the nation’s commodities markets has concluded that climate change threatens U.S. financial markets, as the costs of wildfires, storms, droughts and floods spread through insurance and mortgage markets, pension funds and other financial institutions.

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Damage from whopper hurricanes rising for many reasons

 ...America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which is menacing the U.S. Gulf Coast, because of a combination of increased coastal development, natural climate cycles, reductions in air pollution and man-made climate change, experts say.

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NY Times: Did Exxon Deceive Its Investors on Climate Change?

In an OP-ED in the New York Times, the director of the Rockefeller Family Fund states that EXXON systematically lied to the public and to its stockholders about the risks of climate change and EXXON's major contributions to the catastrophic damage climate change will inflict on humanity and on biodiversity.  
 
 To read the complete article, see:

https://www.nytimes.com/2019/10/21/opinion/exxon-climate-change.html

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Most U.S. Companies Say They are Planning to Transition to a Circular Economy

But the definition of circular economy remains unhelpfully broad.

fastcompany.com - by Adele Peters - February 5, 2019

When Amsterdam’s Schiphol Airport remodeled a terminal, it didn’t buy light bulbs; instead, the company signed a contract for “light as a service” from Signify, the company formerly known as Philips Lighting. Signify owns the physical lights, giving it the incentive to make products that last as long as possible and that can be easily repaired and recycled if anything breaks.

The service is one example of a shift to a circular economy model. Rather than just mining materials and manufacturing products that ultimately end up in landfills, companies are increasingly trying to figure out how to use resources in closed loops.

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Earth's Carbon Dioxide Levels Continue to Soar, at Highest Point in 800,000 Years

                   

(Photo: Getty Images)

CLICK HERE - Scripps Institute of Oceanography - CARBON DIOXIDE IN THE ATMOSPHERE HITS RECORD HIGH MONTHLY AVERAGE

usatoday.com - by Doyle Rice - May 4, 2018

Carbon dioxide — the gas scientists say is most responsible for global warming — reached its highest level in recorded history last month, at 410 parts per million.

This amount is highest in at least the past 800,000 years, according to the Scripps Institute of Oceanography. Prior to the onset of the Industrial Revolution, carbon dioxide levels had fluctuated over the millennia but had never exceeded 300 parts per million.

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Seabed Mining Can Decide the Fate of the Deep Ocean

           

An artist’s rendering of a deep-sea vehicle designed by Dutch company IHC to harvest polymetallic nodules from the seabed.  Royal IHC

greenbiz.com - by Todd Woody - September 28, 2017

At the International Seabed Authority’s ocean-side headquarters, delegates from dozens of countries strolled through breezeways adorned with the works of Jamaican artists as the United Nations-chartered organization’s annual meeting began its second week. No one, however, was entering a conference room where the seabed authority’s Legal and Technical Commission (LTC) was in session and men in dark suits stood watch. A sign advised that the meeting was "closed."

Behind heavy wood doors, the 30 members of the commission convened in secret to discuss, among other things, confidential contracts issued to corporations and state-backed companies to explore and potentially mine vast, barely explored deep-sea habitats that scientists believe play a key role in the global ecosystem.

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This is how your world could end

The 2014 El Portal fire burning near Yosemite National Park, California. Scientists have warned that rising global temperatures will lead to more wildfires in Yosemite and elsewhere. Photograph: Stuart Palley/EPA  theguardian.com - Peter Brannen - September 9th 2017

Image:  The 2014 El Portal fire burning near Yosemite National Park, California. Scientists have warned that rising global temperatures will lead to more wildfires in Yosemite and elsewhere. Photograph: Stuart Palley/EPA

theguardian.com - Peter Brannen - September 9th 2017

Many of us share some dim apprehension that the world is flying out of control, that the centre cannot hold. Raging wildfires, once-in-1,000-years storms and lethal heatwaves have become fixtures of the evening news – and all this after the planet has warmed by less than 1C above preindustrial temperatures. But here’s where it gets really scary.

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Is Our Government Looking the Other Way on Contaminated Ground Water and Aquifers?

How Much Drinking Water Has California Lost to Oil Industry Waste? No One Knows

"California survived its historic drought, in large part by using groundwater. It was a lifeline in the Central Valley, where it was the only source of water for many farmers.

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