Source:  Reuters

Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report.

Rules aimed at lowering carbon emissions are expected to accelerate in the coming years as countries scramble to meet obligations under the 2015 Paris climate agreement limiting global warming.

By Ron Bousso - Reuters

Read more at: reuters.com

Source:  Reuters

Greece hopes to generate investment worth about 44 billion euros ($49 billion) over the next decade on projects to reduce its dependence on fossil fuels, authorities said on Thursday. A gameplan approved by the cabinet on Thursday showed Greece will try to reduce its carbon footprint by more than 55 percent by 2030 compared with 2005, and would close down all its coal-fired power plants in the next eight years. Wind, solar and hydroelectric power should account for at least 35 percent of energy consumption by then, up from about 15 percent in 2016, with investments worth about 9 billion euros.

Reporting by Lefteris Papadimas; Editing by Hugh Lawson - Reuters

Read more at: reuters.com

Source:  The Nation

"Until there are courts willing to hold the titans of the climate crisis accountable, it’s up to people to begin calling them out by name.

A few weeks back, a federal grand jury issued indictments against two environmental activists, Ruby Montoya and Jessica Reznicek, for acts of sabotage against the Dakota Access Pipeline. In the fall of 2016, shortly after riot police and National Guard units evicted indigenous protesters from Standing Rock, Montoya and Reznicek began scouting out construction sites on the pipeline’s route through Iowa, torching heavy equipment and welding holes in pipeline valves. In July of 2017 they held a press conference and confessed. “Speaking publicly to empower others to act boldly,” as they put it, the two activists explained that they had taken action “out of necessity…for our children, because the world they’re inheriting is unfit.”

By Ben Ehrenreich - The Nation.

Read more at: thenation.com

REN21 is taking stock of cities’ efforts to transition to renewable energy with their first global status report on Renewable Cities 2019. Cities are responsible for a large share of emissions but at the same time, they have good reasons to change track. UNEP’s Emissions Gap Report 2019 shows that in contrast to many public pledges by politicians, governments and companies, the world is by no means on its way to reduce emissions and create a low-carbon economy any time soon. More than 70% of cities are already affected by climate change and numbers will only go up.

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