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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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NRC report: US Navy, Marines and Coast Guard need to begin now to prepare for effects of climate change in the Arctic

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In response to the measured and projected effects of climate change, US naval forces—i.e., The committee found that even the most moderate current trends in climate, if continued, will present new national security challenges. Click to enlarge.

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Airlines Present Climate Change Proposals at UN Forum; 50% Absolute Cut In Emissions by 2050 Compared to 2005

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The International Air Transport Association (IATA) presented its proposals for December’s climate change talks to the UN Secretary General’s Summit on Climate Change in New York. Principles of IATA’s global sectoral approach include: International aviation should be included in the post-Kyoto framework.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement. Source: “Assessing the costs.”

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Garnaut Climate Change Review issues first of 8 update papers in 2011; reaffirms decision-making framework and need for mitigation efforts

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As commissioned by the Australian Government in 2010, the Garnaut Climate Change Review, led by Professor Ross Garnaut, has issued the first of a series of papers scheduled for this month and next updating the 2008 Climate Change Review. —2008 Climate Change Review. Earlier post.)

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Perspective: The Role of Offsets in Climate Change Legislation

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This objective presents challenges because many offsets are difficult to measure. From a global climate change perspective, it does not matter where or from what source the reduction occurs: the effect on the atmospheric concentration of GHGs would be the same. CREDIBILITY OF OFFSETS. Assuming the offset is legitimate—i.e.,

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Study projects thermoelectric power in Europe and US vulnerable to climate change due to lower summer river flows and higher river water temperatures

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A study published in Nature Climate Change suggests that thermoelectric power plants (i.e., nuclear and fossil-fueled generating units) in Europe and the United States are vulnerable to climate change due to the combined impacts of lower summer river flows and higher river water temperatures. 19% in Europe and 4.4—16%