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Australia: Climate Change Authority says Abbott must raise emissions target

2013-10-29 23:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australia's 5% emissions reduction target is "not a credible option' and must be increased, possibly to 15% or 25%, the independent Climate Change Authority has found in recommendations posing a huge challenge for the Coalition's Direct Action policy. The Coalition and Labor have promised to meet the same 2020 greenhouse gas reduction targets -- a minimum 5% and a maximum of 25% -- by 2020, under the same set of conditions about what action would need to be taken by the rest of the world for Australia...

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Report: Climate change may pose threat economic growth

2013-10-29 20:48:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: Nearly a third of the world's economic output will come from countries facing "high" to "extreme" risks from the impacts of climate change within 12 years, according to a new report. The Climate Change Vulnerability Index, an annual report produced by UK-based risk analysis firm Maplecroft, found that climate change "may pose a serious obstacle to sustainable economic growth in the world's most commercially important cities." The index ranked the vulnerability of the world's countries, and...

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How climate change impacts indigenous communities

2013-10-29 13:48:00| Climate Ark Climate Change & Global Warming Newsfeed

PhysOrg: Two University of Arizona researchers have contributed to a special issue of the journal Climatic Change that centers on the impacts of climate change on tribal natural and cultural resources. The issue, released online on Sept. 15, represents the first time a peer-reviewed scientific journal has devoted an entire edition exclusively to climate change and its impacts on indigenous communities across the United States. Benedict J. Colombi, an associate professor in the School of Natural Resources...

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A Year After Sandy, Climate Change Nearly Absent From NYC Mayoral Race

2013-10-29 13:01:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: The devastation caused by Superstorm Sandy a year ago today thrust the issue of climate change into the center of the presidential campaign and to the top of the national political agenda. And yet in the mayoral race for New York City, one of the epicenters of the tragedy, talk of climate is practically nowhere to be heard. In nearly all of the mayoral debates and forums held this year, the issues of global warming and Superstorm Sandy have not come up. That is despite New York's struggles to...

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Pension funds that ignore climate change are failing to protect savers

2013-10-29 08:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Despite signs that the economy is beginning to recover from the biggest financial collapse in living memory, the investment outlook remains challenging. In this environment, as the difficulties of maintaining short-term returns dominate discussions about investment strategy, climate change may seem to many a less than pressing issue. Yet it represents a significant financial risk with enormous implications for the retirement outcomes of today's savers. While understandably preoccupied with the...

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