Continuing on the theme of how the growing climate crisis is being recognized by the financial community as an existential threat, the following article describes the growing recognition (can I say panic?) that has finally dawned on the financial world. With this financial constituency now crying out for action maybe we have a chance of finally recognizing the urgency of action…
Normally I wouldn’t send you another piece of news so soon after my last post but this article was simply too compelling and extreme for me to wait. All I can say is read the whole thing. It is horrifying. And it’s coming to your city or town eventually. Especially if you are in Phoenix, LA, Las Vegas, Atlanta or…
On several occasions over the years I’ve written about “stranded assets”. These can be categorized in more than one way. The article below discusses the cost that is on the books of companies of physical assets above ground such as plants and equipment that will become worthless as renewable energy pushes fossil fuel burning plants out of business. There is also…
For many years I’ve been hearing about schemes to suck CO2 out of the atmosphere. I always thought they were nuts. Rube Goldberg type of stuff. (https://en.wikipedia.org/wiki/Rube_Goldberg) Since the Paris Climate Accord I’ve been hearing some prominent scientists saying that unless we find ways to suck CO2 out of the air there is no practical way that we are going to keep…
Just as technology that will accelerate the transition to a carbon emissions free future is developing more rapidly than most experts could imagine even five years ago it turns out that we are shooting at a moving target. We need to develop and adopt solutions much more quickly than thought necessary because our planet’s climate is deteriorating materially more rapidly than we conceived. This is…
Following up on my last posting about the fuel economy standards that the Trump Administration is attempting to reduce, I want to remind you of another theme that I have harped on for years: that technology is progressing, and going to continue to do so, much more rapidly than “conventional wisdom” perpetrated by mainstream sources would have you believe. Battery capacity, size, price…
I know. I know. I keep sending you articles about extreme weather and its consequences. It’s because it’s my perception that most people, especially those in the US, haven’t yet come to grips with how bad the circumstances are that we are already experiencing around the planet due to the increased heat in the atmosphere . And, therefore, how much worse it is…
If you are still thinking that extreme weather from a warming planet is still years away and that we have time to react, you’d better start paying attention to what is already happening all over the globe. It’s time to listen carefully to the scientists and start making dramatic changes NOW before things get really out of hand or we move past…
In the last article I sent out it mentions the world’s ‘Third Pole”. That region is the Hindu Kush Himalayan mountains. And a warmer climate is melting it as well. “Glaciers in the Hindu Kush Himalayan region, which spans eight countries in South Asia from Afghanistan to Myanmar, could lose more than a third of their volume by the end…
There is so much quotable news in the article below I don’t know where to start. Basically, this piece consolidates many of the warnings I’ve been writing about forever. The main points: A warming planet will melt glaciers and ice sheets around the world. This will lead to sea level rise that will put costal communities in grave danger in a multitude of ways. Changing…