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From fad to fixture: how investors are waking up to climate risk

2016-01-30 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: From fossil-free investment products to assessing the risks of weather disasters, Wall Street is slowly but steadily embracing climate change. Photo courtesy of Flickr. U.S. EPA's accusation last fall that Volkswagen AG had cheated on emissions tests sparked a fire sale in global markets. Sellers pushed the company's stock down 30 percent in just four days. After New York Attorney General Eric Schneiderman (R) announced that coal company Peabody Energy Corp. had for years deceived investors...

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Climate change could devastate Africa. It's already hurting this Kenyan town

2016-01-30 13:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: The lake that Philip Tioko relies on for survival is a fine turquoise strip that seems to recede further into the distance each day. His fishing village once hugged the shore, but now it is 800 feet away, and everything -- food, water and employment -- is drying up. Tioko, 46, remembers when fish were abundant in Lake Turkana, the worlds largest desert lake, and there was enough rain for his livestock. I used to have so many animals. The lake used to be full -- life was good, he said. But...

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Republicans might as well deny climate change if they don't plan to address it

2016-01-30 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Lets call it the non-denial denial. Some Republican presidential candidates are beginning to peer out from behind the wall of climate denial that has defined the party as long as Barack Obama has been in the White House. Finally, it seems, the most open expressions of climate denial such as dismissing long-established scientific fact may be seen as a bit retrograde, and possibly embarrassing, even by some who are looking for votes from an increasingly rightwing Republican party. In response...

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We print money to bail out banks. Why cant we do it to solve climate change?

2016-01-30 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The international community has agreed on an ambitious agenda to curb climate change. Some 195 countries have decided to try and cut greenhouse gas emissions to a level that will limit the rise in average global temperatures to well below 2C. The question we now face is: how are we going to finance the changes needed to reach this goal? Quantitative easing creating new money might just be the answer. How to finance 1.5C To reach zero emissions by 2050 (and for a likely chance to stay below...

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Sanders a favorite at climate change rally

2016-01-30 07:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Des Moines Register: U.S. Sen. Bernie Sanders prevailed as the favorite presidential candidate during a "Climate Emergency Caucus" event in Des Moines on Friday. More than 100 people simulated a caucus after hearing climate change advocates from across the country speak at the event sponsored by national advocacy group The Climate Mobilization, which promotes a "World War II-scale mobilization" for zero greenhouse gas emissions by 2025. The group had a lineup of speakers before the mock caucus, including former...

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