Tag "costs"

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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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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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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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Five years after Bp oil spill, Gulf habitat resilient

While dolphin and turtle numbers have declined following the BP Deepwater Horizon disaster, marine life in the Gulf of Mexico has proven tougher than first thought. Mark Kelly reports on Wall Street Journal channel.

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Empowering energy consumers

Recognising that citizens must be at the core of the Energy Union, the Commission presents a Communication on delivering a new deal for energy consumers, based on a three-pillar strategy: 1. helping consumers save money and energy through better information;

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Global Estimates 2015: People displaced by disasters

Latest figures from IDMC estimate that more than 19.3 million people were forced to flee their homes by disasters in 100 countries in 2014. Hundreds of thousands more are still displaced following disasters in previous years. Since 2008, an average

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Climate change: ‘potentially catastrophic’ risks to public health

Climate change threatens to undermine half a century of progress in global health, according to a major new report. “The effects of climate change are being felt today, and future projections represent an unacceptably high and potentially catastrophic risk to

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The Right Price on Emissions

An executive order from President Barack Obama requires that the Environmental Protection Agency analyze the costs and benefits of its regulations. But how exactly can it measure the economic benefits of the coming restrictions on greenhouse gases? For both policy

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Rich countries sweep billions in public finance for coal under the rug as climate deadlines loom

Over the last eight years, while climate impacts accelerate, country governments have channelled more than US$ 73 billion of public money into coal projects. The finance, which amounts to US$9 billion a year, is causing as much pollution as the

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100% clean and renewable energy roadmaps for the 50 United States

One potential way to combat ongoing climate change, eliminate air pollution mortality, create jobs and stabilize energy prices involves converting the world’s entire energy infrastructure to run on clean, renewable energy. This is a daunting challenge. But now, in a

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