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Del Birmingham

Vanguard, Blackrock, and ExxonMobil worry about climate change - Business Insider - 0 views

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    Climate risk has arrived as a business issue to be reckoned with. Over the last year, the investment community sent a clear message that they are focused on environmental sustainability and expect companies in which they invest to do the same.
Del Birmingham

Wilmar opens palm oil supplies to scrutiny to protect forests | Reuters - 0 views

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    Wilmar International Ltd. , the world's largest palm oil processor, opened its supply chains to outside scrutiny on Thursday in what environmentalists called an unprecedented step to help safeguard tropical forests. Singapore-based Wilmar said it would give outsiders, from customers to environmentalists worried about deforestation, access to online maps showing where it buys palm oil at more than 800 mills in Indonesia and Malaysia.
Brett Rohring

Climate Panel Cites Near Certainty on Warming - NYTimes.com - 0 views

  • An international panel of scientists has found with near certainty that human activity is the cause of most of the temperature increases of recent decades, and warns that sea levels could conceivably rise by more than three feet by the end of the century if emissions continue at a runaway pace.
  • “It is extremely likely that human influence on climate caused more than half of the observed increase in global average surface temperature from 1951 to 2010,” the draft report says. “There is high confidence that this has warmed the ocean, melted snow and ice, raised global mean sea level and changed some climate extremes in the second half of the 20th century.”
  • The draft comes from the Intergovernmental Panel on Climate Change, a body of several hundred scientists that won the Nobel Peace Prize in 2007, along with Al Gore. Its summaries, published every five or six years, are considered the definitive assessment of the risks of climate change, and they influence the actions of governments around the world. Hundreds of billions of dollars are being spent on efforts to reduce greenhouse emissions, for instance, largely on the basis of the group’s findings.
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  • The 2007 report found “unequivocal” evidence of warming, but hedged a little on responsibility, saying the chances were at least 90 percent that human activities were the cause. The language in the new draft is stronger, saying the odds are at least 95 percent that humans are the principal cause.
  • On sea level, which is one of the biggest single worries about climate change, the new report goes well beyond the assessment published in 2007, which largely sidestepped the question of how much the ocean could rise this century.
  • Regarding the question of how much the planet could warm if carbon dioxide levels in the atmosphere doubled, the previous report largely ruled out any number below 3.6 degrees Fahrenheit. The new draft says the rise could be as low as 2.7 degrees, essentially restoring a scientific consensus that prevailed from 1979 to 2007.
  • But the draft says only that the low number is possible, not that it is likely. Many climate scientists see only a remote chance that the warming will be that low, with the published evidence suggesting that an increase above 5 degrees Fahrenheit is more likely if carbon dioxide doubles.
  • The level of carbon dioxide, the main greenhouse gas, is up 41 percent since the Industrial Revolution, and if present trends continue it could double in a matter of decades.
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