Russia was happy that global warming opened up Arctic oil, but the melting of permafrost poses a huge threat to its hydrocarbon heartlands. Bloomberg
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
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
In a widely circulated memo, the 200-member organization reversed itself, writing that “shareholder primacy” is no longer the sole purpose of a corporation. Instead, corporations must include a commitment to “all stakeholders,” which includes customers, employees, suppliers and local communities. Business Roundtable
Business Roundtable announced the release of a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders. Business Roundtable
We share a fundamental commitment to all of our stakeholders. We commit to: delivering value to our customers; investing in our employees; dealing fairly and ethically with our suppliers; supporting the communities in which we work; generating long-term value for shareholders. Business Roundtable
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
Computing the origin of electricity and its associated carbon emissions. electricityMap
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
Since President Trump imposed sanctions on Iranian oil sales last year, information on those sales has become a prized geopolitical weapon — coveted by Western intelligence agencies and top secret for Iran. And the business of selling Iranian oil, once a safe and lucrative enterprise for the well connected, has been transformed into a high-stakes global game of espionage and counterespionage. New York Times
© Stefan P. Schleicher 2019
