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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy.

Tax 397
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution.

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Study estimates California’s GHG reductions since 2003 could be wiped out by 2020 wildfires

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In an open-access report in the journal Environmental Pollution , researchers from UCLA and the University of Chicago estimate that California’s wildfire carbon dioxide equivalent (CO 2 e) emissions from 2020 (~127 mmt CO 2 e ) are approximately two times higher than California’s total greenhouse gas (GHG) emission reductions since 2003.

2003 447
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Study: annual climate impact of wild pigs could be greater than 1.1M cars

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By uprooting carbon trapped in soil, wild pigs (feral swine), are releasing around 4.9 million metric tonnes of carbon dioxide annually across the globe, the equivalent of 1.1 million cars, according to a new study by an international team led by researchers from The University of Queensland and The University of Canterbury.

Climate 435
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Study: 2/3 of aviation climate impact due to emissions other than CO2

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of the human-made climate impact; two-thirds of this impact are caused by emissions other than CO 2 , according to a new study by researchers in Europe and the US. The study was published in the journal Atmospheric Environment. This new study is based on a thorough review of a decade of research on aviation emissions.

Climate 448
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Study finds that California clean diesel programs have slashed black carbon, a powerful short-term contributor to global warming

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California’s air quality programs have forced a reduction in black carbon despite a significant increase in diesel fuel consumption. If California’s efforts in reducing black carbon can be replicated globally, we can slow down global warming in the coming decades by about 15 percent, in addition to protecting people’s lives.

Carbon 268