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Is the Paris Climate Conference Designed to Fail?

2015-11-13 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Counterpunch: From the end of this month through early December, much of the worlds attention will be focused on Paris, the site of the upcoming round of UN climate negotiations. This is the twenty-first time diplomats and heads of state will gather under the umbrella of the UNs Framework Convention on Climate Change (UNFCCC), a document first put forward at the landmark 1992 Earth Summit in Rio de Janeiro the same global conference where the elder George Bush told the world that the American way of life...

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Its time for climate change research to be less political

2015-11-12 19:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Daily Texan: Climate change is no matter of opinion. As its impacts become more devastating, inaction has become unthinkable. Even so, politicians who deny climate change have enormous power over climate policy and research. But now more than ever, unscientific political opinions should have no room in discussion about climate science. UT students' representatives in particular have an outsize influence on federal climate policy. Senator Ted Cruz (R-Texas) chairs the Senate Committee on Space, Science, and...

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Climate risk could undermine investments, report warns

2015-11-12 17:26:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: A report has warned that investors could be hit hard amid changes in short-term market swings, triggered by climate impact concerns. University of Cambridge experts said global investment portfolios could see losses of up to 45%. No investor was "immune from the risks posed by climate change", they added. In a recent speech to the City, Bank of England Governor Mark Carney said climate change would "threaten financial resilience". The report, Unhedgeable Risk: How Climate Change Sentiment...

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Climate change could pummel stocks: study

2015-11-12 17:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Deutsche Welle: Environmentalists aren't the only ones fretting over climate change. A new study has calculated the risk to financial markets if temperatures are allowed to rise uninhibited. Inaction, it said, would be a bad investment. A fresh study by the Cambridge Institute for Sustainable Leadership has put a price tag on climate change mitigation. Investment portfolios primarily made up of stocks could lose nearly half of their value if global warming isn't curbed. By contrast, if the Earth's temperature...

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Paris climate deal must be legally binding, EU tells John Kerry

2015-11-12 15:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The EU has warned the Obama administration that a global climate deal at the Paris summit must be legally binding, after the US secretary of state John Kerry said that it definitively would not be a treaty The Paris agreement must be an international legally binding agreement, a spokeswoman for the EUs climate commissioner, Miguel Arias Caete , told the Guardian. The title of the agreement is yet to be decided but it will not affect its legally binding form. Earlier today, the French...

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