Pavan Sukhdev of the UN says in a new report that the benefits of halting enviromental devastation outweigh the costs – not only for the planet, but also for investors
Modern businesses are "soulless corporations" that are in danger of becoming a "cancer" on society, a leading UN environmental official warns today.
Companies usually take a short-term view of the importance of the environment, said Pavan Sukhdev, head of the UN's investigation into how to stop the destruction of the natural world. This short-term thinking is seen in their lobbying against new policies that could slow environmental devastation, he said.
Sukhdev,... (Continue reading)
Nothing about the so-called Climategate affair challenges the fact that climate change is real, urgent and increasing
There was no scientific scandal, only scientific stupidity. There was no attempt to hoax the world into believing that climate change exists, just excessive secrecy. There was no panicky cover-up to hide rigged data, for no data was rigged. There was no cabal of scientists cooking up fake evidence of catastrophe. There is, however, a real crisis of the most extreme nature: evidence suggests that climate change is real, urgent and increasing. Nothing about the so-called Climategate affair challenges that fact.
This is... (Continue reading)
Business underestimating catastrophic consequences of declining oil, says Lloyd's of London/Chatham House report
One of the City's most respected institutions has warned of "catastrophic consequences" for businesses that fail to prepare for a world of increasing oil scarcity and a lower carbon economy.
The Lloyd's insurance market and the highly regarded Royal Institute of International Affairs, known as Chatham House, says Britain needs to be ready for "peak oil" and disrupted energy supplies at a time of soaring fuel demand in China and India, constraints on production caused by the BP oil spill and political moves to cut CO2 to... (Continue reading)
Studies predict major extinctions and collapse of Greenland ice sheet with temperatures rising well above UN targets
The world is heading for an average temperature rise of nearly 4C (7F), according to analysis of national pledges from around the globe at the midpoint between two major international conferences aiming to tackle the problem. Such a rise would bring a high risk of major extinctions, threats to food supplies and the near-total collapse of the huge Greenland ice sheet.
More than 100 heads of state agreed in Copenhagen last December to limit the rise in global temperatures to 1.5C-2C... (Continue reading)
Global investments in clean energy companies rose 43% in Q2 on last year, says new Cleantech Group and Deloitte report
Green tech is back in the green.
Global venture capital investment in green technology companies reached $4.04 billion in the first half of 2010, exceeding -- slightly -- the record set in the boom year of 2008, according to a preliminary report released Thursday by the Cleantech Group and Deloitte.
Venture investment in the second quarter rose to $2.02 billion, up 43 percent from the year-ago quarter. Investments in the first half of the year spiked 65 percent from... (Continue reading)
Yellowstone National Park is one of the most environmentally protected parks in the world but we can’t protect the plants and animals from global warming. Yellowstone is plagued by disappearing ponds and lakes due to a decade of drought. Both plant and animal species are running out of suitable habitats and falling prey to insects, [...]... (Continue reading)
As the debate rages over global warming, it is important to understand what exactly is being debated. Nearly every scientist will support the fact that in the last 30 – 40 years, the Earth has gotten warmer. What continues to be debated, and rightfully so, is the reason for the warming trend. Are we seeing [...]... (Continue reading)
The years 2000 through 2009 are marked as the warmest ever in the history of the Earth based on data supplied by National Aeronautics and Space Administration (NASA) scientists. 2009 was also the second warmest temperature recorded since such records were kept beginning in 1880. 2005 was actually warmest year ever recorded. [...]... (Continue reading)
Singapore is unlike any other Asian city in that this tiny republic has managed to maximize every potential financial opportunity that has been presented to it since the end of World War II. Few people are aware if it but Singapore is now the fourth largest financial trading center in the world. They follow only [...]... (Continue reading)
Compared to incandescent light bulbs, Compact Fluorescent Lamps (CFLs) are a marvel. They put out equal or greater light, use 1/3 the electricity, and last up to 15 times longer than Thomas Edison’s resistance based design. While compact fluorescent bulbs have proven superior to the original electric light they are not without their drawbacks. The [...]... (Continue reading)