While the world looked the other way, corporate giants abandoned coal: SMH

"The decisions to exit coal by big financial institutions is carefully tracked by Australian energy finance analyst Tim Buckley, who says 133 globally significant financial institutions have announced their exit from coal, 10 in the past two weeks. That, he says, is "triple the run-rate of last year".

On April 17 Austria eliminated coal from its grid when it closed its last coal-fired plant. "Coal power in Austria is history," said the utility chief. 

"The future belongs to renewable energy."
In the same week Sweden closed its last coal-fired plant two years earlier than planned. The two countries join Belgium celebrating coal-free status."

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"On the last day of the month Allianz, one of the world’s biggest insurers with an astronomical investment book, said it would not invest in coal or insure it.

Coal-fired power would be verboten. It will exclude dealings with any corporate that derives more than 30 per cent of its revenue from coal (in two years to be 25 per cent). Farewell also to any partner owning infrastructure that services coal, such as ports or rail, which it now views as long-term toxic and stranded assets.

Once a huge financier of coal, Allianz confirms a massive pivot to renewables."


Read more

Australia’s most senior former public servants and scientists reveal their anger about climate policy failure: ABC

"For more than 30 years, Australian politics has been grappling with climate change and the nation's most senior public servants have been there through it all.   

Usually they keep their thoughts private, rarely making a foray into public debate, even in retirement.   

Now, after the devastating "black summer" fire season, the former heads of the Office of Prime Minister and Cabinet and the Department of the Treasury, along with former chief scientists, have decided they can no longer stay silent. 

They believe there has been a colossal failure by politicians of all stripes to comprehensively tackle climate change.

These senior policy makers and scientific minds describe climate policy as perhaps the greatest public policy disappointment of their generation, and a story of power and personal ambition triumphing over the national interest.

Martin Parkinson, who served as secretary of the Department of Climate Change between 2007 and 2011, described politicians as "incapable of grappling with this".

"I don't know how many reports have been put in front of them," he said.

"No politician … has any grounds for saying, 'Oh well, we didn't see it coming'.""

Continue reading 

#jailclimatecriminals  #climateemergency   #climatechange

How climate change impacted the world 2019: CNN video

#ClimateEmergency  #wewantclimateactionnow   #jailclimatecriminals

False Solutions to Climate Change: Agriculture: Resilience

"A veritable cornucopia of false solutions is being pushed these days, not only by corporations and think tanks but by the UN’s IPCC, the international body responsible for research and action on climate.  We could have made a gentle transition if we had begun when we first became aware of this problem decades ago, but for various reasons we did not. There is no time left for barking up one wrong tree after another; no time to waste in false solutions. Hence this series pointing out the fallacies behind such proposals as electrifying everything, carbon trading, geoengineering or switching to “gas—the clean energy fuel!”

I’ve divided the issue into sectors: electricity generation, transportation, agriculture, buildings, and then there are two sections on false solutions that aren’t part of an energy sector—geoengineering schemes, and some other policy options. Finally, we look at real solutions. I am not an expert on anything except maybe gardening, so my hope is to spur discussion.

Part 3: The Agricultural Sector"

Read the excellent complete Resilience article

On land, Australia’s rising heat is ‘apocalyptic.’ In the ocean, it’s worse.: Washington Post

"The Washington Post’s examination of accelerated warming in the waters off Tasmania marks this year’s final installment of its global series “2C: Beyond the Limit,” which identified hot spots around the world. The investigation has shown that disastrous impacts from climate change aren’t a problem lurking in the distant future: They are here now. 

Nearly a tenth of the planet has already warmed 2 degrees Celsius since the late 19th century, and the abrupt rise in temperature related to human activity has transformed parts of the Earth in radical ways. 

In the United States, New Jersey is among the fastest-warming states, and its average winter has grown so warm that lakes no longer freeze as they once did. Canadian islands are crumbling into the sea because a blanket of sea ice no longer protects them from crashing waves. Fisheries from Japan to Angola to Uruguay are collapsing as their waters warm. Arctic tundra is melting away in Siberia and Alaska, exposing the remains of woolly mammoths buried for thousands of years and flooding the gravesites of indigenous people who have lived in an icy world for centuries. 

Australia is a poster child for climate change. Wildfires are currently raging on the outskirts of its most iconic city and drought is choking a significant portion of the country."

Read the Washington Post article

'Blown away': Safe climate niche closing fast, with billions at risk: SMH

By Peter Hannam

May 5, 2020

As much as one-third of the world's population will be exposed to Sahara Desert-like heat within half a century if greenhouse gas emissions continue to rise at the pace of recent years.

Scientists from China, the US and Europe found that the narrow

climate niche that has supported human society would shift more over the next 50 years than it had in the preceding 6000 years.

"As many as 3.5 billion people will be exposed to "near-unliveable" temperatures averaging 29 degrees through the year by 2070. Less than 1 per cent of the Earth's surface now endures such heat.

That heat compares with the narrow 11- to 15-degree range that has supported civilisation over the past six millennia, according to research published Tuesday in the journal Proceedings of the National Academy of Sciences."

Xu Chi, a researcher at China's Nanjing University and one of the paper's authors, said: "We were frankly blown away by our own initial results. As our findings were so striking, we took an extra year to carefully check all assumptions and computations."

Read the complete SMH article

Australian businesses call for climate crisis and virus economic recovery to be tackled together: The Guardian

Innes Willox, chief executive of the Australia Industry Group, says Covid-19 and climate are ‘urgent’ challenges that overlap.


A leading Australian business group is calling for the two biggest economic challenges in memory – recovery from the Covid-19 pandemic and cutting greenhouse gas emissions – to be addressed together, saying it would boost growth and put the country on a firm long-term footing.

Innes Willox, chief executive of the Australian Industry Group, representing more than 60,000 businesses, says economic recovery from the virus and the transition required to meet net-zero emissions by 2050 are overlapping issues that should be taken on together.

“There’s a lot that we can do to rebuild stronger and cleaner,” Willox planned to say on Tuesday, according to a speech released in advance.

“The need is urgent. Covid-19 and climate are bigger than any economic challenge we’ve faced in the last century.” 

Read the complete The Guardian article