Category: Climate Policy

Why the Fed, Long Reticent, Has Started to Talk About Climate Change

An increase in severe weather events could lead to bank failures as property prices rapidly adjust, stoke uncertainty and harm economic growth. That makes global warming and its fallout relevant to the Fed, which is responsible for both financial regulation and for guiding the nation’s economy toward full employment and stable prices. New York Times

Exposed: Europe’s accounting tricks on energy savings

A growing number of EU member states are planning to use accounting tricks, including changes in fuel taxes introduced in the past, to claim “additional” energy savings as part of their EU climate obligations. EURACTIV

At U.N. Climate Summit, a Call for Action Yields Few Commitments

There were some concrete measures. The United Nations secretary general, António Guterres, said in closing remarks that 77 countries had announced efforts to achieve net-zero emissions by 2050, several asset fund managers said they would aim to get to a net-zero portfolio of investments by the same year, and dozens of businesses said they would aim to abide by the Paris Agreement targets. New York Times

The UN climate action summit – as it happened

Despite expectations for this summit being low, it is hard to imagine how it could have been a more effective disappointment for those looking to leaders to deliver a secure future. Climatehome

This Land Is the Only Land – There Is Here are seven ways of understanding the IPCC’s newest climate warning.

For everyone who lives on land, the planet’s dangerously warmed future is already here. Earth’s land has already warmed more than 1.5 degrees Celsius (2.6 degrees Fahrenheit) since the industrial revolution, according to the Intergovernmental Panel on Climate Change. That’s the same amount of warming that climate activists are hoping to prevent on a global scale. The Atlantic

How Much Hotter Is Your Hometown Than When You Were Born?

As the world warms because of human-induced climate change, most of us can expect to see more days when temperatures hit 32 degrees Celsius (90 degrees Fahrenheit) or higher. See how your hometown has changed so far and how much hotter it may get. New York Times