The math in climate finance isn’t adding up

July 12, 2018 by  
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New analysis shows that banks are not transparent about their climate progress. Here’s why that matters.

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The math in climate finance isn’t adding up

Why public opinion on climate change matters to business

July 10, 2018 by  
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It’s not just what you do. It’s what you say.

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Why public opinion on climate change matters to business

Through environmental stewardship, hospitals can preserve and protect health

July 10, 2018 by  
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Catholic Health Initiatives argues that the call to action never has been stronger or more important in the face of a changing climate.

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Through environmental stewardship, hospitals can preserve and protect health

Natural gas production releases more methane than estimated: Why that matters

July 10, 2018 by  
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A leak rate of more than 3 percent would erase the climate benefits of replacing coal-fired power plants.

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Natural gas production releases more methane than estimated: Why that matters

A new era in modeling catastrophic risk

June 18, 2018 by  
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The days of one-size-fits all disaster models are over, ushering in a push for more localized data and predictive analytics.

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A new era in modeling catastrophic risk

DNC votes to ban fossil fuel company donations

June 14, 2018 by  
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The Democratic National Committee (DNC) recently adopted a ban on donations coming from fossil fuel companies, HuffPost reported . The executive committee voted unanimously on a resolution proposed by political strategist Christine Pelosi that doesn’t allow the organization to accept contributions from corporate political action committees (PACs) connected to the oil and gas industry . The text of the resolution says, “…fossil fuel corporations are drowning our democracy in a tidal wave of dark oily money; they have deceived the public about the impacts of climate change , fought the growth of clean renewable energy , and corrupted our political system.” Oil and gas companies in 2016 spent $7.6 million on Democratic races, compared to $53.7 million in direct donations to Republicans . In 2018, Republicans have taken 89 percent of the oil and gas industry’s donations thus far. The DNC confirmed the recent vote to HuffPost but did not comment on the record. Related: Climate change video directed by James Cameron heats up the DNC The resolution’s text says “hundreds of individual Democratic political candidates for office across the country have pledged not to take money from the fossil fuel industry.” Former president Barack Obama prohibited contributions from corporate PACs after winning the Democratic party’s nomination, but former DNC chair Debbie Wasserman Schultz lifted that ban before the 2016 election. HuffPost reported the DNC might consider a second resolution in August at a Chicago full board meeting to ban contributions greater than $200 from people working for the fossil fuel industry. Co-author of the recent resolution RL Miller told HuffPost, “So if Eddie Exxon is your college buddy and a frat-boy friend of yours and he’s employed at an Exxon gas station and wishes to donate $25 to have a barbecue and a beer with you, fine. But if Edward J. Exxon in Exxon’s middle management thinks you’re worth contributing $2,700 to out of his own salary, that is much more concerning to us.” + (((sfpelosi))) on Medium Via HuffPost Image via Depositphotos

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DNC votes to ban fossil fuel company donations

Solar power prices expected to drop further this year

June 12, 2018 by  
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The price of solar energy could further fall this year, experts say. A Bloomberg New Energy Finance (BNEF) analysis published by PV Magazine predicted a 34 percent drop in the price of multicrystalline solar modules in China, an event expected to influence prices around the world. The United Nations Framework Convention on Climate Change (UNFCCC) said a price drop could open up “further space for more ambition to tackle climate change , which is crucial to achieve the goals of the Paris Agreement .” The 2018 solar panel price decline could be about the same as the drop in module prices in 2016, and would be exceeded only by 2011’s 40 percent drop in prices, PV Magazine said. BNEF’s benchmark monocrystalline module price was $0.37 per watt for 2017’s fourth quarter, and could be just $0.24 per watt by 2018’s close. BNEF experts predict module prices will drop another 10 to 15 percent next year. Related: The cost of high-efficiency solar panels fell 37% in 2017 The price decline is a result of withdrawn support for China’s photovoltaic market. Since China is the biggest solar market in the world, the price fall could emanate. PV Magazine cited a BNEF note saying, “Oversupply is universal.” The note predicted a market panic initially, and developers could halt installation in the third quarter and wait for cheaper module prices and release of new quotas. India and developing countries around the world could benefit from the panel price decline, according to the UNFCCC. The UNFCCC praised the International Solar Alliance (ISA), started by India and France in 2015 to focus on investment in large-scale solar power in developing countries. UN Climate Change Executive Secretary Patricia Espinosa said earlier this year, “Our globally agreed goals in the Paris Agreement and the Agenda for Sustainable Development cannot be achieved without your [ISA’s] effort to scale up solar power generation and support countries with great solar potential … This is our moment to deliver on the promise of a better future agreed in Paris.” + Bloomberg New Energy Finance Via PV Magazine and the United Nations Framework Convention on Climate Change Images via Depositphotos (1, 2)

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Solar power prices expected to drop further this year

The US just experienced its hottest May on record

June 11, 2018 by  
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It’s a familiar theme: each year, it seems, is the hottest year on record. The most recent climate change milestone in the U.S. occurred last month, when the country experienced its hottest May ever recorded. “Nature is dealing cards from a very different deck now compared to the 20th century,” climate scientist David Titley told USA Today . The average temperature for May in the lower 48 states was 65.4°F, 5.2°F above the average temperature for the month in the 20th century. Prior to this year, the record hottest May occurred in 1934, at the height of the Dust Bowl. While climate change contributed to the record warmth, two significant tropical storms brought heat and precipitation north from the Gulf of Mexico. While more than a quarter of the contiguous U.S. remains in drought, some states, including Maryland and Florida , experienced their wettest month of May on record. As a result of heavy winter snow melting rapidly in a warm spring, locations in Idaho, Montana, Washington and Wyoming have experienced significant flooding. Related: Climate change has transformed much of Alaska over the past three decades Beyond the average monthly temperature, more than 8,590 daily warm temperature station records were either broken or tied throughout May. “This was 18 times more than the approximately 460 daily cold temperature station records during the month,” NOAA wrote. “Several of the daily records were noteworthy, including 100°F on May 28 in Minneapolis, Minnesota  — the earliest such occurrence on record.” + NOAA Via Ecowatch and  USA Today Images via NOAA

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The US just experienced its hottest May on record

A prefab hotel with lakeside views pops up in northern Russia

June 11, 2018 by  
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St. Petersburg-based architecture firm Rhizome group designed and built Tochka na Karte Hotel, a prefabricated structure crafted to embrace the outdoors. Located in the northern Russian town of Priozersk in Leningrad Oblast, the hotel complex is a sleek and modern getaway nestled among mature pine trees. The use of modular technology has helped reduce construction waste and minimize site impact , including the preservation of existing trees. Located just a two-hour drive north of St. Petersburg , the Tochka na Karte Hotel (Russian for ‘a point on the map’) is set on the shore of Lake Ladoga on the border of the Republic of Karelia. Due to its proximity to St. Petersburg, historical points of interest and abundance of pristine nature, the area has long served as a major tourist destination for Russians and foreigners alike. The hotel taps into the region’s natural beauty by using floor-to-ceiling glazing to frame outdoor views from every room, thus blurring the line between indoors and out. The prefabricated building comprises three two-story blocks with 32 standard rooms, detached suites (built of two modules) and a reception building (assembled from three modules and some prefabricated elements). The modules, which measure 3.5 meters by 7 meters, were constructed in a factory and then assembled on site. Stairways and terraces connect the modular blocks. The facade was built of timber and dark metal to tie the building into the wooded landscape. To further blend the hotel into its pine forest backdrop, the structures were “dispersed” among existing mature pines near where the Vuoski River meets Lake Ladoga. Related: This minimalist prefab hotel offers stunning views of the Swiss Alps “We believe we succeeded in achieving the essence of a place inherent to modern Nordic architecture,” the architects wrote. “Terrain forms, trees layout and our strive to provide a view of the shore from every room constitute the buildings’ location on the site.” + Rhizome Images by Dmitry Tsyrencshikov

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A prefab hotel with lakeside views pops up in northern Russia

Are we deranged, or just delusional?

June 11, 2018 by  
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A pair of sci-fi books illuminate our perilous path ahead.

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Are we deranged, or just delusional?

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