Archive for the 'financial risk of climate change' Category
When two worlds collide – the chardonnay wins
0 Comments Published by Andy Rowell April 16th, 2010 in Canada, Climate Change, Shareholder resolutions, financial risk of climate change, protests, tar sandsIf you have never been to an oil company AGM it is worth going to watch two parallel words colliding for a few hours.
On the one side are the protestors arguing passionately for the company to listen to how their activities are destroying someone’s homeland or are polluting the earth.
Up on the top table sit [...]
Money for Nothing, and your Climate for Free
2 Comments Published by Steve Kretzmann September 16th, 2009 in Climate Change, Copenhagen Conference, End Oil Aid, G20, Oil, financial risk of climate change, financing oil and gasAccording to a leaked letter, the Obama Administration is set to propose ending fossil fuel subsidies next week at the Pittsburgh G20. The letter, authored by Michael Froman who is an Obama advisor on international economic affairs, calls on the G20 to eliminate all fossil fuel and electricity subsidies, as a “logical step in combating [...]
Copenhagen: Climate Change to Cost $300 Billion/Yr
3 Comments Published by Andy Rowell August 28th, 2009 in Climate Change, Copenhagen Conference, climate change impacts, financial risk of climate change101 days to go until the biggest climate jamboree ever seen.
The UN Copenhagen climate conference will be a defining moment in how humanity responds to the issue.
World leaders can either finally grasp the nettle by agreeing drastic cuts in CO2 levels, and getting out their check book to pay for it.
Africa to Demand Billions in Climate Compensation
2 Comments Published by Andy Rowell August 26th, 2009 in Climate Change, Copenhagen Conference, climate change impacts, famine, financial risk of climate changeIt’s your mess – now you pay for it.
That’s the message from African leaders to Western countries as they mull over a proposal to demand tens of billions of dollars in compensation – one figure muted is $67 billion a year – from developed countries for the effects of climate change.
African Ministers have been meeting [...]
Shell’s Operations Present “Climate Risk” to Investors
0 Comments Published by Andy Rowell June 4th, 2009 in Oil Shale, carbon disclosure, financial risk of climate change, tar sandsLast month, a ground-breaking study by Oil Change and other NGO’s calculated that Shell was the world’s most carbon intensive oil company, per barrel of oil equivalent to be produced. The main reason for this is its massive expansion into Canada’s climate intensive dirty oil sands.
The report looked at the carbon intensity of the total [...]
