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Washington Post (September 15)

2020/ 09/ 17 by jd in Global News

President Trump claims “America’s cities are in flames” and a Biden election would leave the suburbs engulfed in flames. Meanwhile, wildfires have refocused attention on the issue of climate change. Speaking to the real “fires of the present and future” which are “raging across much of the Western states, devouring towns and turning the sky red,” Joe Biden is now “going further than any party nominee has before and talking like someone with a genuine commitment to strong action on climate.”

 

Investment Week (September 14)

2020/ 09/ 16 by jd in Global News

The “Next Generation EU” deal provides ESG investors with much to watch. The €550bn “centerpiece of the stimulus” focuses on fighting climate change through “expenditures earmarked for promoting energy efficiency and developing renewable energy resources, emission-free vehicles, and sustainable transport, alongside other measures of environmental protection designed to help meet Europe’s 2050 climate neutrality pledge.”

 

San Francisco Chronicle (September 14)

2020/ 09/ 15 by jd in Global News

“Recent research shows that warmer weather and less precipitation has more than doubled the frequency of autumn days with extreme fire danger in California. The situation is expected to worsen.” Tackling climate change would help as would better forest management, but climate change complicates thinning the forests. “The state’s fire season has grown by an estimated 75 days in recent decades,” narrowing the window then “crews can safely light fires to manage forest health.”

 

Reuters (September 10)

2020/ 09/ 12 by jd in Global News

“Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets.” This was just one of the findings of an advisory panel to the Commodities Futures Trading Commission.

 

Financial Times (June 1)

2020/ 06/ 02 by jd in Global News

“Shareholders have ramped up pressure on companies to tackle global warming even as businesses grapple with the fallout of the coronavirus pandemic.” Their targets have included JPMorgan and Rio Tinto and through May 20, “climate change resolutions at annual meetings received average shareholder support of 23 per cent,” up from “16 per cent during all of 2019.”

 

LA Times (April 15)

2020/ 04/ 16 by jd in Global News

“The worst pandemic in a century won’t solve climate change. We have to do that for ourselves.” Thanks to the pandemic, “global carbon output could fall by 5% this year,” but “emissions have to drop 7.6% per year — for decades — to stave off the worst effects of climate change.”

 

Financial Times (January 28)

2020/ 01/ 29 by jd in Global News

“Donald Trump has become the pantomime villain for the climate change story…. However, if you look at the numbers—as opposed to the theatre—it becomes clear that the battle to control climate change now depends much more on what happens in China than in America.”

 

Japan Today (January 20)

2020/ 01/ 21 by jd in Global News

“Japan is in the crosshairs as it seeks both to be recognized as a leader in the climate-change debate but also supports the use of what is widely regarded as a dirty fuel.” Japanese corporations, however, are ready to break with coal. They “overwhelmingly feel Japan should shift away from its dependence on coal for power generation… a Reuters poll found, further evidence that the government is out of step with the global fight against climate change.”

 

Reuters (January 2)

2020/ 01/ 02 by jd in Global News

“CEOs increasingly talk a good game on climate change, but the financial implications of global warming have played a small role in dealmaking so far. That will change in the year ahead.”

 

Barron’s (December 27)

2019/ 12/ 27 by jd in Global News

“Megatrends, like aging and climate change, are forcing governments to take care of themselves, understanding there are going to be massive challenges. As a result, we’re starting to see the peak of globalization, meaning limits to the movement of free capital, goods, money, services, and knowledge.”

 

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