Post-2025 Climate Finance Target
...how much more and how much better? 'This Perspectives article aims to inform this process by discussing the potential size and nature of is post-2025 target. We argue that the climate finance system around the current target to mobilise US$100 billion per year to support developing countries has been fraught with difficulties, and that it would be ineffective to simply increase the climate finance target without addressing these difficulties.' (Climate Policy journal) >
Every Australian Pays for Extreme Weather
'extreme weather events over the past 12 months cost every Australian household an average of $1,532' (Insurance Council of Australia) >
Carbon Capture and Storage
The carbon capture crux: Lessons learned. 'History confirms that using carbon capture as a greenlight to extend the life of fossil fuels power plants is a significant financial and technical risk.' (Institute for Energy Economics & Financial Analysis, Lakewood, Ohio, USA) >
Institutional Decarbonisation Scenarios Evaluated
Institutional decarbonisation scenarios evaluated against the Paris Agreement 1.5°C goal. 'This study analyses six institutional decarbonisation scenarios published between 2020 and mid-2021, including four from the oil companies BP, Royal Dutch Shell and Equinor (two from BP), and two developed by the International Energy Agency IEA. It finds that most of the scenarios would be classified as inconsistent with the Paris Agreement as they fail to limit warming to ‘well below 2°C’, let alone 1.5°C, and would exceed the 1.5°C warming limit by a significant margin.' (Nature Communications journal) >
Fossil Gas: a Bridge to Nowhere
'While there is growing consensus on the need for a power sector coal phase-out, fossil gas has largely flown under the radar.' (Climate Analytics, Berlin) >
Towards an Ecological Economics
'Economics has been dominated by Gross Domestic Product (GDP) as a measure of success. But ecological economics measures welfare and sustainability instead.' (The Ecologist, London) >
Insurance Affordability
Home insurance affordability and socioeconomic equity in a changing climate. 'Concern around insurance affordability and availability is already prominently on the agenda of many stakeholders, from consumer groups to regulators and governments'. 'Green Paper' ... (The Actuaries Institute of Australia) >
Mitigating Greenhouse Gas Emissions
'Many countries have made a commitment to reduce their greenhouse gas emissions to net zero by or around 2050. If some sectors have residual emissions, these must be compensated for by removing CO2 from the air and storing it. This can be done, for example, through large-scale reforestation or the use of biomass in combination with CO2 capture and storage. These measures involve risks, in particular for food security and biodiversity. An important conclusion from PBL’s study Mitigating greenhouse gas emissions in hard-to-abate sectors, published in cooperation with Utrecht University, is therefore that far more effort must be made globally to reduce emissions in the sectors where this is most difficult: industry, the built environment, agriculture, aviation and shipping.' (Netherlands Environmental Assessment Agency, Utrecht University and others) >
Towards an Ecological Economics
'Economics has been dominated by Gross Domestic Product (GDP) as a measure of success. But ecological economics measures welfare and sustainability instead' Article - long read, with references.(Ecology, The Resurgence Centre, UK) >
Ross Garnaut’s Renewable Review
'the reduction in the costs of renewable energy generation and storage, has left Garnaut more optimistic about the future. He now emphasises the opportunities for Australia in a renewable energy-dominated world' (ARENAWIRE Australian Renewable Energy Agency) >