Stories Below come from our Media Partner 3BL Media - Click their logo or any of the stories for more information
Global Warming and Climate Change, Global Warning Information, Updates
Global Warming and Climate Change
Updated January 2011
The year 2010 ended with an enormous blizzard that engulfed the northeast US, paralyzing New York and Boston and much of the Atlantic Coast. That storm was followed almost three weeks later by yet another severe snow storm that had the same effect. Speculation started immediately that these events had their roots in global warming – Time Magazine wrote:
“The World Meteorological Organization recently reported that 2010 is almost certainly going to be one of the three warmest years on record, while 2001 to 2010 is already the hottest decade in recorded history. Indeed, according to some scientists, all of these events may actually be connected.”
Just a few days before at the CNN debate on climate change, UN Climate Secretary Christiana Figueres said that “private businesses are better placed than governments to tackle global warming because they can act faster...” There appeared to be an agreement at the event that the urgency to reduce carbon emissions was such that business could not afford to wait for governments to act.
Prior to the UN-sponsored Cancun Climate Conference in December 2010, the world's largest global investors were urging the conference delegates and the US Congress to “take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis.”
Unfortunately, at Cancun and the year before in Copenhagen, government progress to address climate change only inched slightly forward. But while government consensus moved by inches, the scientists tell us we should be moving by miles – or do they?
The last two years has seen the debate of the existence of human-caused climate change -- or any climate changed -- challenged by doubters. Some poor science conducted by some believers/ supporters, followed by unfortunate media reporting and the issues identified as hot in the recent Congressional elections saw weak support for global warming among Americans. Witness this: “The poll, one of four annual surveys conducted by Shelton Group, surveyed 1,098 Americans who at least occasionally buy green products and found only about half believe climate change is occurring and caused by human beings…”
While the majority of the American public apparently are yet to believe in the problems of climate change and global warming and world governments unable to agree on a course of action, AC will continue to focus on potentially one of the greatest issues world society faces. Since this section was begun in April 2008 more than 1,200 articles, commentaries and reports have been posted for our readers. No doubt there is more to come. (We invite you to tell us where you stand on the issues.)
Institutional investors are focused on the potential or rising risk posed by climate change to the companies they hold in portfolios. “Climate change,” “global warming” and “sustainability” (of the company owned, over the long-term) are trigger phrases now for all manner of shareholder activities – and corporate responses. The argument is not always about “if” climate change is occurring or “who” or “what” is responsible – often, the investors now ask: What is the company doing to prepare for and mitigate the risk? Investors have many questions: Has the company charted its “carbon footprint” – has management taken steps to inform shareowners of real or potential climate change risks – what are the potential costs of mitigating such risks – and more.
Looking to put muscle behind these requests, shareowners are filing numerous proxy petitions (shareholder sponsored proxy resolutions) on the ballot in 2008. Coalitions are being formed to address climate risk issues at public companies. On September 18, 2007, a broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks related to climate change issues. The coalition formally asked the Commission's Division of Corporation Finance to immediately begin "[c]losely scrutinizing the adequacy of registrants' climate disclosures" under existing law.
The institutional investors involved represent $1.5 trillion in managed assets and include major public employee pension funds, state treasurers and comptrollers, state attorneys general and major environmental organizations. Their “First of a Kind” resolution will create major waves on Wall Street and in the corporate suites as the campaign goes on. (This issue is not going anyway anytime soon.)
The coalition includes the Environmental Defense, Ceres, the California State Treasurer Bill Lockyer, Florida Chief Financial Officer Alex Sink, Maine State Treasurer David G. Lemoine, New York State Comptroller Thomas P. DiNapoli, North Carolina State Treasurer Richard Moore and Oregon State Treasurer Randall Edwards, as well as New York State Attorney General Andrew M. Cuomo.
The Securities and Exchange Commission staff had no immediate reaction, but in the overall dialogue regarding shareholders rights, federal regulations and corporate governance, this measure landed like a bombshell in Washington, DC. Accountability-Central will continue to present news and commentary as the climate change issue unfolds and various capital markets players present their views and opinions.
Learn more about climate change: http://www.learnstuff.com/climate-change-and-global-warming-an-objective-overview/
Latest on Global Warming and Climate Change
February 13, 2019 Canada's forests actually emit more carbon than they absorbSource: The Weather Network
You might have heard that Canada's forests are an immense carbon sink, sucking up all sorts of CO2 — more than we produce — so we don't have to worry about our greenhouse gas emissions.
February 12, 2019 Environment in multiple crises - reportSource: BBC
Politicians and policymakers have failed to grasp the gravity of the environmental crisis facing the Earth, a report claims.
February 11, 2019 Doomsday prediction for surging tides was WRONG: Study claims ice-cliffs of Antarctica will be responsible for just a 6-inch boost in sea levels - SEVEN times less than previously thought (but it will still cause 'climate chaos')Source: Daily Mail
Predictions of an imminent and catastrophic surge in sea levels were incorrect and overestimated, a new study has found.
February 11, 2019 Plummeting insect numbers 'threaten collapse of nature'Source: The Guardian
The world’s insects are hurtling down the path to extinction, threatening a “catastrophic collapse of nature’s ecosystems”, according to the first global scientific review.
February 8, 2019 Melting Ice Sheets Could Throw Earth's Climate Into Disarray, Alarming Models PredictSource: Gizmodo
Models published Wednesday in Nature explore how all the water pouring off the Greenland and Antarctic ice sheets could impact ocean currents, and how that, in turn, could affect the global climate.
February 7, 2019 NASA Just Announced 2018 Was the Fourth-Hottest Year on RecordSource: Mother Jones
It’s official: Last year was the fourth hottest year on record, after only the previous three, according to separate figures released Wednesday morning by the National Oceanic and Atmospheric Administration (NOAA) and NASA.
February 6, 2019 New scale will measure atmospheric rivers in California from 1 to 5, like hurricanesSource: LA Times
On Tuesday, researchers announced a new scale to describe the strength of atmospheric river storms, weather events that cause many of the West Coast’s heaviest rains.
Source: The Conversation
Many parts of Queensland have been declared disaster zones and thousands of residents evacuated due to a 1-in-100-year flood. Townsville is at the epicentre of the “unprecedented” monsoonal downpour that brought more than a...
February 5, 2019 Climate change will even change the color of the oceans, study saysSource: CNN
The ocean will not look the same color in the future. It won't turn pink or anything radically different; the change will be more apparent through optic sensors than though the human eye. But it serves as an early warning sign...
February 5, 2019 Global warming predicted to melt massive Himalayan glaciers, disrupt food productionSource: USA Today
Global warming is on track to transform the frigid, glacier-covered mountain peaks ... to bare rocks in a little less than a century....The glaciers are now a critical source of water for about 250 million people in the mountains...
|HOME | ABOUT THE SITE | REGISTRATION INFORMATION | VOICES: FEATURED COMMENTATORS AND BLOGGERS | SPECIAL SECTIONS|