In The News

US and EU Argue on Carbon Tax: Financial Times

Gillian Tett, Chris Giles and James Politi January 30, 2020
The European Union’s new tax plan on carbon imports may exacerbate transatlantic tensions. The Green Deal plan comes at the heels of France delaying imposition of a digital services tax, resisted by the Trump administration. According to Wilbur Ross, US commerce secretary, the United States could retaliate with tariffs if it finds the new carbon tax stems from trade protectionism. From the EU...

A No-Commute Culture: Irish Times

Chris Horn December 27, 2019
Commuting carries economic costs. Businesses of all types should try to be innovative, encouraging remote work arrangements and reducing long commutes. “Cloud computing enables any staff member to access software and data resources from anywhere, provided of course that there is a reasonable internet connection,” writes tech CEO Chris Horn for the Irish Times. “Given that many functions of a...

$20 Trillion Threat of Climate Change: OilPrice.com

Nick Cunningham December 14, 2019
Businesses and investors who deny climate change is underway can anticipate the loss in trillions of market value. Natural disasters are on the rise and cost more, and entire asset classes and sectors can expect repricing. “One glaring example is the real estate market along coastlines, which will see both physical damage and a dramatic repricing as the threat becomes increasingly clear,”...

Polluting Firms to Be “Hit by Climate Policies”: BBC

Roger Harrabin December 11, 2019
Climate researchers overwhelmingly agree that carbon emissions are increasing global temperatures and contributing to worsening storms and rising seas. Most nations rallied around reducing carbon emissions with the Paris Accord in 2015. All levels of government are imposing policies aiming to reduce carbon emissions. As a result, carbon-intensive firms could lose 43 percent of their value and...

Economic Toll of Climate Change: Axios

Courtenay Brown November 12, 2019
Substantial numbers of financiers and politicians are dismiss worries over climate change. Yet, “Top economists say the economic effects of climate change are just starting to be felt – and they're likely to start snowballing,” reports Courtenay Brown for Axios, who goes to explain how increasing wildfires, floods and natural disasters can disrupt the electrical grid, electronic payment and...

Rising Seas Threaten 300 Million People: Guardian

Jonathan Watts November 11, 2019
Homes of 300 million people are facing threat from rising sea levels across the world, more than three times the previous estimate of 80 million, according to a study published in Nature Communications. The risk assessment was revised after a more sophisticated method applied artificial intelligence to compensate for overestimation of land altitudes. The biggest change in estimates occurs in Asia...

Plant Trees for the Climate Crisis: Guardian

Damian Carrington July 6, 2019
The most cost-efficient way to tackle climate crisis – temperature spikes, rising seas, flooding and droughts – is planting more trees. A research team suggests that 1.2 trillion more trees could be added to about 10 percent of Earth’s land without disrupting agriculture. “New research estimates that a worldwide planting programme could remove two-thirds of all the emissions that have been pumped...