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Thousands expected to rally in Melbourne for action on climate change

2015-11-27 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: Tens of thousands of people have gathered for a climate change rally in Melbourne, in one of the largest demonstrations of its kind. Rally organisers have estimated that up to 60,000 took to the streets, while Victoria Police said up to 40,000 were in attendance. A climate change rally in Melbourne in 2006 drew 30,000 people. Friday's rally was the first of several demonstrations planned across Australia for the weekend. The demonstrations have been timed to take place ahead of United...

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Global Investments in Climate Change on the Rise

2015-11-27 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global investment in activities to reduce planet-warming emissions and vulnerability to climate change grew 18 percent to $391 billion in 2014, as private backing for renewable energy technologies surged, researchers said. More money than ever before was channeled into action to curb climate change and its impacts, after funding leveled off in 2012 and declined in 2013, according to an annual report from the Climate Policy Initiative (CPI), an advisory group. "Two weeks out from the international...

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Climate Change Will Make Bad Borrowers of Govts, S&P Says

2015-11-27 05:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Thailands credit rating downgraded by two levels. Dominican Republic lowered one grade. These are not real news headlines yet, but could be, according to scenarios outlined by Standard & Poors. The ratings company has concluded after a study that if the damage to the environment continues unabated, there is no way global economic activity, trade or national budgets will stay unaffected. In other words, climate change will cause credit-rating downgrades. Using data from reinsurance company...

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Cities vs. climate change: How Vancouver aims to lead the fight

2015-11-27 04:02:00| Climate Ark Climate Change & Global Warming Newsfeed

CTV: With the Paris climate change summit just days away, dozens of mayors from around the world are gearing up to represent their municipalities at the global roundtable. The meeting is largely considered the last chance for world leaders to agree on a set of concrete terms to cap global warming at 2 C above pre-industrial levels. After that, experts fear, the consequences will be irreversible. Among the leaders will be Vancouver Mayor Gregor Robertson, who has said he wants his city to be the...

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Canadas New Leadership Reverses Course on Climate Change

2015-11-27 00:26:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In less than a month, Canada has executed a complete about-face on global climate change. With the defeat of the Conservatives in the October general election, out went nearly a decade of Canada making itself something of a global outcast on the issue. The record of the former prime minister, Stephen Harper, on climate change was marked by retreat, foot-dragging, and hand-wringing over the economic consequences of moving too quickly. The new prime minister, Justin Trudeau, and his Liberals are...

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