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Why fixing climate change may turn out to be a bargain

2015-12-04 15:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Nature Network: Climate change threatens lives and livelihoods as greenhouse gases build up in the atmosphere, yet the main argument for doing nothing is that doing anything would be too expensive. Some prominent skeptics even argue that laws designed to stop climate change would "destroy the economy." According to a pair of new reports, however, such warnings may be hot air. Not only is inaction even costlier than action, but action might turn out to be more affordable than most people realize. Reining in the...

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Fixing Exxons 40-year climate change scandal would be a great reason to have a time machine

2015-10-23 13:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Fusion: Texas-based ExxonMobil, one of the world`s largest oil and gas companies, is the present day result of the long and winding history of the oil industry. It is the largest direct descendant of John D. Rockefeller`s Standard Oil Company, which, after being ruled an illegal monopoly way back in 1911, was broken up into Exxon, Mobil, Chevron and a couple other offshoots. Exxon and Mobil merged in 1999 to form ExxonMobil. As an oil company, Exxon naturally has another long and convoluted history, one...

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Worldwide study finds high concern about fixing climate change

2015-06-11 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Almost 80 percent of people worldwide are perturbed about global warming and most want tough action to fix the problem, according to a new study that the United Nations touted as a spur to an international climate deal later this year. The report, based on consultations with 10,000 people in 75 nations from Afghanistan to Zimbabwe, also showed that 66 percent viewed measures to tackle warming, such as more wind or solar energy, as a chance to improve their quality of life. Christiana Figueres,...

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Fixing 'bugs' in climate models: Accounting for melting permafrost

2015-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Abrupt climate change within a decade triggered by runaway melting of Arctic permafrost is extremely unlikely, according to a study published in Nature yesterday. Rather, the permafrost, or frozen ground, in the Northern Hemisphere will take decades or centuries to melt and release the carbon stored in the soil. The release will not trigger a catastrophe per se but will exacerbate global warming. "These are large and significant releases, so, over a century, we are going to release 100 billion...

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Fixing climate change might add no costs, says report

2014-09-16 21:48:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In decades of public debate about global warming, one assumption has been accepted by virtually all factions - that tackling it would necessarily be costly. But a new report casts doubt on that idea, declaring that the necessary fixes could wind up being effectively free. A global commission will announce its finding on Tuesday that an ambitious series of measures to limit emissions would cost $4 trillion or so over the next 15 years, an increase of roughly five per cent over the amount that would...

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