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+11 +1
People in US and UK face huge financial hit if fossil fuels lose value, study shows
Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries. The researchers estimated that existing oil and gas projects worth $1.4tn (£1.1tn) would lose their value if the world moved decisively to cut carbon emissions and limit global heating to 2C. By tracking many thousands of projects through 1.8m companies to their ultimate owners, the team found most of the losses would be borne by individual people through their pensions, investment funds and share holdings.
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+9 +1
New data reveals climate change might be more rapid than predicted
About 30 massive, intricate computer networks serve the scientists who stand at the forefront of climate change research. Each network runs a software program comprised of millions of lines of code. These programs are computational models that combine the myriads of physical, chemical and biological phenomena that together form the climate of our planet.
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+10 +3
Big Tech is pouring millions into the wrong climate solution in Davos
Alphabet, Microsoft and Salesforce today pledged $ 500 million for new climate technology that is supposed to extract carbon dioxide from the atmosphere to prevent it from warming the planet. It’s Big Tech’s latest move to push emerging technology forward while portraying itself as a global leader when it comes to acting on climate change.
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+8 +2
Vanguard refuses to end new fossil fuel investments
The world’s second-largest asset manager Vanguard has refused to stop new investments in fossil fuel projects and end its support for coal, oil and gas production. Chief executive Tim Buckley said the group, which manages $8.1tn for more than 30mn investors and is the largest investor in coal companies globally, was determined to safeguard its clients from climate risks but this would not require it to end new commitments to fossil fuel industries.
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+19 +3
An ocean first: Underwater drone tracks CO2 in Alaska gulf
SEWARD, Alaska (AP) — In the cold, choppy waters of Alaska’s Resurrection Bay, all eyes were on the gray water, looking for one thing only. It wasn’t a spout from humpback whales that power through this scenic fjord, or a sea otter lazing on its back, munching a king crab.
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+10 +1
Reversing climate change with net-zero farming
Regrow is a technology start-up which aims to reverse climate change with agriculture. The tech start-up wants to achieve net-zero emissions in farming using technology and data. Regrow tries to transform agriculture to a net-zero carbon system.
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+8 +2
How Vladimir Putin weaponised the environment in Ukraine
The Russian army has burned forests and poisoned water supplies, flouting international law. As the UN draws up new guidelines, is it possible to wage an “eco” war?
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+15 +1
Welcome to Joe Manchin’s Scorching Summer of Climate Doom
This summer is the last best chance for the U.S. to take climate action, and we’re blowing it.
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+17 +2
Reducing harmful air pollution has led to a surprising effect — more hurricanes in the North Atlantic
As the US and Europe worked for decades to reduce air pollution for the sake of public health and the planet, scientists found an unintended and challenging consequence: an increase in tropical storms in some regions.
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+10 +1
The extraordinary heat wave in India and Pakistan, explained
What makes South Asia’s recent severe temperatures so surprising. Nearly one in eight people on Earth are enduring a relentless, lethal heat wave that is stretching into its third week.
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+16 +1
Shut down fossil fuel production sites early to avoid climate chaos, says study
Nearly half of existing fossil fuel production sites need to be shut down early if global heating is to be limited to 1.5C, the internationally agreed goal for avoiding climate catastrophe, according to a new scientific study. The assessment goes beyond the call by the International Energy Agency in 2021 to stop all new fossil fuel development to avoid the worst impacts of global heating, a statement seen as radical at the time.
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+20 +1
New Zealand to help pay for cleaner cars to reduce emissions
New Zealand’s government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions.
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+15 +3
Fighting climate change: We must do obvious, dramatic things to give young people hope
If you are a young person and you know that your whole planet is being destroyed and is collapsing all around you, how can you go on in any sense of normalcy? These feelings of despair can be both A) absolutely unhealthy, and B) completely demotivating. Here's how the world can fight to change this oncoming climate change disaster.
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+20 +3
Caesar’s favourite herb was the Viagra of ancient Rome. Until climate change killed it off
Perfume, tonic – even love potion – silphium was prized by the ancient Romans, but in its success lay the seeds of its own downfall
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+3 +1
'Like an inferno:' US West burning at furious pace so far
Wildfires are on a furious pace early this year — from a California hilltop where mansions with multimillion-dollar Pacific Ocean views were torched to remote New Mexico mountains charred by a month-old monster blaze.
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+14 +4
Climate change to make droughts longer, more common, says UN
The frequency and duration of droughts will continue to increase due to human-caused climate change, with water scarcity already affecting billions of people across the world, the United Nations warned in a report Wednesday.
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+16 +5
Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown
Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns
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+12 +2
‘It’s a 50-50 call’: The Earth is close to crossing a key temperature threshold within 5 years
There’s a 50-50 chance of surpassing the critical global heating threshold of 1.5 degrees Celsius over the next five years, according to a new study. Climate prediction centers, led by the U.K. Met Office, said in an annual update that the chance of the planet temporarily exceeding the key global temperature limit has significantly increased.
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+16 +3
6 months after the climate summit, where to find progress on climate change in a more dangerous and divided world
Six months ago, negotiators at the United Nations’ Glasgow climate summit celebrated a series of new commitments to lower global greenhouse gas emissions and build resilience to the impacts of climate change. Analysts concluded that the new promises, including phasing out coal, would bend the global warming trajectory, though still fall short of the Paris climate agreement.
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+18 +1
Earth’s CO2 hits highest recorded level in human history
Monthly average carbon dioxide (CO2) levels have reached above 420 parts per million (ppm) for the first time on record. The new data, from Hawaii’s Mauna Loa Observatory, were released by the National Oceanic and Atmospheric Administration (NOAA). Atmospheric CO2, driven higher in large part by burning fossil fuels around the world, is one of the major causes of the climate crisis.
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