What began as a predominantly ecological question is rapidly transforming into an economic one, putting the global climate movement on the verge of a remarkable victory that would include the removal of the oil, coal and gas industries. And the greatest transfer of wealth and power the world has ever seen.
When it comes to the shift to a low-carbon economy, many are so busy looking at politics for signs of change, they’re missing the signs in the market. Policy might be essential, but markets deliver solutions – and the signs are that this process is now well underway. Meanwhile, that carbon bubble just keeps getting bigger.
2012 CDP report finds ASX200 getting on with green business… mostly. Plus Australia’s carbon-scheme tick of approval; and no Milne at Carbon Expo?
With the carbon price and bipartisan support for Kyoto 2, Australia is well placed to use the Doha climate summit to help strengthen global ambition.
An open letter from global investor networks calls on governments to develop workable frameworks to reduce climate risk and support low-carbon investment.
And according to a new PwC report, even 4°C would require ‘nearly quadrupling the current rate of decarbonisation.’ Business-as-usual – not an option.
Business needs to know if emission reduction policies are part of a serious and enduring trend, or just a passing fad.
Congress may be divided on climate & energy law, but recent low-carbon advances in America could have major implications for the global economy.
