The business bulwark behind California’s climate progress

May 22, 2017 by  
Filed under Business, Green

The unlikely story of how businesses backed the state’s emissions reduction policies. Will they follow the same playbook for U.S. and global policies?

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The business bulwark behind California’s climate progress

Brand advocacy vs. activism: Swinging the pendulum on climate policy

May 22, 2017 by  
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Even seemingly mundane environmental rules on the chopping block under the Trump administration require more businesses to speak out.

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Brand advocacy vs. activism: Swinging the pendulum on climate policy

Low-carbon bubbly: Champagne industry adapts to climate change

May 19, 2017 by  
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BusinessGreen uncorks the esteemed French wine region’s attempts to protect its interests in the face of the changing climate

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Low-carbon bubbly: Champagne industry adapts to climate change

How global value chains push and pull U.S. climate action

May 19, 2017 by  
Filed under Business, Eco, Green

Momentum is building for U.S. corporate climate leaders, who in turn pull more companies along on the path toward a thriving, clean economy.

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How global value chains push and pull U.S. climate action

Dubai firm wants to tow icebergs from Antarctica for fresh water

May 18, 2017 by  
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As global temperatures increase due to global warming , ice caps and glaciers continue to melt at an increasing pace. While this reality disturbs some, it is being regarded as positive news by the National Advisor Bureau Limited, based in Dubai, India. This is because the firm seeks to harvest icebergs in the southern Indian ocean and tow them 5,700 miles (9,200 kilometers) away to the Gulf, where they could be melted and sold to local businesses or marketed as a tourist attraction. However ambitious, the Dubai firm faces many challenges in its ambition, including opposition from environmental activists . Phys reports that to accomplish the task of harvesting icebergs, the firm would send ships to Heard Island, an Australian nature reserve , and steer between massive icebergs the size of cities in search of truck-sized chunks. Then, the smaller icebergs would be secured to boats with nets and dragged thousands of miles back to the intended destination. Managing director of the company, Abdullah al-Shehi, believes that the icebergs would not melt significantly during the voyage as the majority of an iceberg’s mass is underwater. Al-Shehi is largely excited about the payday that could await someone who successfully transports an iceberg capable of holding 20 billion gallons of fresh water to the Gulf’s region water. This is because in Norway, for instance, one distillery sells 750 ml bottles of melted Arctic iceberg for $100 each. However, ice sourced from Antarctica is the driest in the world, therefore, yields much less water. If all the permits required are obtained, harvesting will begin in 2019. According to Robert Brears, the founder of Mitidaption, the project would require an initial investment of at least $500 million. Additionally, the firm faces a variety of obstacles. For one, Australia strictly limits access in order to preserve the diverse ecosystem of migratory birds, penguins, seals and fish. This could be disrupted by large ships. Additionally, Antarctica is subject to global treaties that mandate strict environmental regulations and ban mining and military activities. Said Christopher Readinger, head of the Antarctic team at the U.S. National Ice Center, “There are thousands and thousands of icebergs drifting around and they can move without warning. Storms down there can be really brutal, and there’s really not anyone that can help.” Environmentalists are also offering staunch resistant to the Dubai firm’s plan, as they argue there is a simpler method to address climate change in the Middle East. Examples given include drip-irrigation, fixing leaks and water conservations. Hoda Baraka, spokeswoman for the climate advocacy group 350.org , said , “This region is the heartland of the global oil industry, it will be at the forefront of experiencing these massive, insane heat waves, and there’s only one way to avoid this—reducing emissions and keeping all fossil fuels in the ground.” Related: 70-mile crack in Antarctic ice shelf could create Delaware-sized iceberg Because the project is “an exceptionally futile and expensive way” to combat climate change and “seems to run counter to all ideas of climate change adaptation,” says Charlotte Streck, director of the consultancy firm Climate Focus, the Dubai firm is unlikely to receive financing from green investment groups. Via Phys Images via Pixabay

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Dubai firm wants to tow icebergs from Antarctica for fresh water

Stanford study says fossil-fueled cars will vanish in 8 years as big oil collapses

May 17, 2017 by  
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A new study published by Stanford University suggests that fossil-fueled cars will vanish within eight years – and citizens will have no choice but to invest in electric vehicles or similar technologies. This is because the cost of electric vehicles – including cars, buses, and trucks – will ultimately decrease, resulting in the collapse of the petroleum industry. Led by Stanford University economist Tony Seba, the report has caused spasms of anxiety within the oil industry . Entitled “Rethinking Transportation 2020-2030,” it details how people will ultimately switch to self-driving electric vehicles, as they are ten times cheaper to maintain than cars that run on fossil fuels and have a near-zero marginal cost of fuel. Additionally, EVs have an expected lifespan of 1 million miles. In comparison, most fossil-based cars barely last 200,000 miles. Seba predicts that in less than a decade, it will become very difficult for consumers to find petrol stations, spares or mechanics knowledgeable enough to fix combustion engines. His ultimate premise is that modern-day car dealerships will disappear by 2024 as the long-term price of oil falls to $25 USD a barrel. Those who cling to their outdated cars will probably have to pay to dispose of them in the future, says Seba. In the author’s own words, there will be a “mass stranding of existing vehicles.” Related: Iceland’s “Thor” volcano power plant can generate 10X more energy than oil or gas wells The Sanford researcher is also confident that within the next decade, humans will predominantly rely on self-driving vehicles as they are significantly less dangerous. “We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history,” said Seba. “Internal combustion engine vehicles will enter a vicious cycle of increasing costs. What the cost curve says is that by 2025 all new vehicles will be electric , all new buses, all new cars, all new tractors, all new vans, anything that moves on wheels will be electric, globally.” The Professor estimates that the “tipping point” will occur in the next two to three years when EV batteries surpass 200 miles and electric car prices plummet to $30,000 USD. By 2022, the low-end models will be sold for as low as $20,000. Following that, it will be the death of big oil . + Stanford Via Financial Post Images via Pixabay

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Stanford study says fossil-fueled cars will vanish in 8 years as big oil collapses

The business of solar and the next ‘long tail’

May 17, 2017 by  
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The home solar industry is alive and well, though it could use a new business model.

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The business of solar and the next ‘long tail’

With the SDGs, everything is connected

May 17, 2017 by  
Filed under Business, Green

One set of challenges, indivisible, with sustainability and resilience for all.

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With the SDGs, everything is connected

5 big ideas to breathe new life into cities

May 17, 2017 by  
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Architects, artists, planners, designers and ecologists discuss the five anchors that will pull nature into urban environments.

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5 big ideas to breathe new life into cities

3 environmental policies business can push for now

May 17, 2017 by  
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Business leaders can leverage influence with policymakers by supporting a carbon tax, product ingredients disclosure and water protection policies.

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3 environmental policies business can push for now

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