Shell gets final clearance to begin drilling for oil in the Arctic

The Obama administration has granted final approval for Shell’s Arctic drilling programme, clearing the way for the company to restart its stuttering search for northern oil and drawing criticism from presidential hopeful Hilary Clinton. Shell has been waiting since the

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The cost of inaction. Recognising the value at risk from climate change

The findings in “The cost of inaction” – a 2015 report written by The Economist Intelligent Unit – indicate that climate change is likely to represent an obstacle for many asset owners and managers to fulfil their fiduciary duties. The

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Air pollution causes nearly one in five deaths in China and over 4,000 per day

China has long known it has a problem with air pollution, but a recent study has attributed a startling new death toll to the issue. Berkeley Earth, a nonprofit that studies climate change and related issues, says 1.6 million deaths

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USA Election 2016 | How the next President could expand Obama’s climate policies or dismantle them

This month, President Obama basically ensured that climate change will be one of the major issues at stake in the 2016 election. Whether candidates choose to talk about it or not, whoever gets elected president next year will have enormous

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Four lessons Obama should learn from Merkel’s energy revolution

Germany’s “Energiewende” is managing the biggest transformation away from fossil fuels and nuclear power and toward renewables of any advanced economy. It hasn’t all gone smoothly. “The Energiewende has a lot of challenges attached, political as well as practical,” said

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Mitigating climate change

The European Union’s effort to reduce greenhouse-gas emissions are working. In fact, the EU is expected to meet its unilateral 20% reduction target (compared to 1990) ahead of the agreed 2020 deadline. Moreover, the EU intends to reduce domestic emissions

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The huge hidden costs of our fossil-fueled economy

Oil companies may be the most profitable companies on the planet. But that’s only because we let them destroy the planet for free. Extracting fossil fuels is a lucrative business. Last year, ExxonMobil made $32.5 billion in profits. But, arguably,

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Better growth, Better climate

“We live in a moment of great opportunity, and great risk”, this is the key message of the report “The New Climate Economy” produced by  The Global Commission on the Economy and Climate,  a major international initiative to analyse and communicate

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August 13th is Earth Overshoot Day this year

In less than eight months, humanity has used up nature’s budget for the entire year, with carbon sequestration making up more than half of the demand on nature, according to data from Global Footprint Network, an international sustainability think tank

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Earth overshoot day 2015

In less than eight months, humanity has used up nature’s budget for the entire year, with carbon sequestration making up more than half of the demand on nature, according to data from Global Footprint Network, an international sustainability think tank

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