Not exact matches
Investors are expecting
more quantified financial information
about climate risks and opportunities, in mainstream financial filings.
A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern
about the
risks of a «carbon bubble» — that highly valued fossil fuel assets and investments could be devalued or «stranded» under future,
more stringent
climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of
climate - related issues.37
They are campaigning to get
more information
about climate change, development plans and environmental
risks in their community.
Overall, farmers were much less concerned
about climate change
risks — like fewer winter chill hours for trees,
more heat waves and increased flooding.
The initiative encourages Americans to think of
climate change as a
risk management issue; the panel aims to clarify and contextualize the science so the public and decision - makers can be
more adequately informed
about those
risks and possible ways to manage them.
A revision could require companies to disclose far
more about climate change and other environmental
risks than ever before.
Though the APS statement
about climate change is
more nuanced than the AAAS letter, stating — for example — «scientific challenges remain in our abilities to observe, interpret, and project
climate change,» it in no way disputes the scientific consensus on
climate change or the
risks it poses.
Permit me to challenge two things; your simplistic description of the
risk perception psychology that explains why the public doesn't seem to care
about such a huge threat, and
more profoundly, the naive belief that public concern
about climate change can make much difference.
But given how popular the SimCity series has been, there's a decent chance that the new SimCity Societies game I just wrote
about will engage
more people with the realities of
climate risks and responses than all the yelling
about Bjorn Lomborg or Newt Gingrich.
white males are decidedly
more «skeptical»
about climate change
risks only among «hierarch individualists.
Over the past seven years, I wish we had been
more forthcoming with three messages: We should have conceded, prominently, that the news
about climate change is unwelcome, that today's
climate science is incomplete, and that every «solution» carries
risk.
Here — in the Figure at the top — what we see are that white males are decidedly
more «skeptical»
about climate change
risks only among «hierarch individualists.»
Yet, disclosure rules regarding environmental or sustainability issues may become
more rigorous in the future as Peabody Energy, the world's largest private - sector coal company, agreed (PDF) in November to provide
more information
about its
risks associated with
climate change in future SEC filings.
«But as I commented at scienceprogress, the way I see the ledger, the religious Right gets a handful of anti-science points for views on evolution (and related rationalizations
about the age of the earth, etc.), and for some dismissal of
climate change theory, but the Left gets many
more anti-science points for exaggerating the health and ecological
risks of POPs; DDT; GMOs; plastics and plasticizers; pesticide residues; conventional agriculture; low - dose EM radiation; high - tension powerlines;
climate change; population growth; resource depletion; chemical sweeteners; species extinction rates; biodiversity decline; and I'm sure the list could go on.
We are certain
about this: the
more greenhouse gases we put into the air, the
more severe the impacts will be, and the greater the
risk we run of triggering disruptive, even disastrous changes in
climate.
It's their shared apprehension that opposing positions on
climate change are, in effect, badges of membership in and loyalty to competing cultural groups; that is the cue or signal that motivates members of the public to process information
about climate change
risks in a manner that is
more reliably geared to affirming the position that predominates in their group than to converging on the best available evidence.
While those who stand in denial of
climate change have failed in the last 15 years to produce a single, peer - reviewed scientific journal article that challenges the theory and evidence of human - induced
climate change, mainstream media was, until very recently, covering the story (in
more than half the cases, according to the academic researchers Boykoff and Boykoff) by quoting one scientist talking
about the
risks and one purported expert saying that
climate change was not happening — or might actually be a good thing.
Another frequently mentioned option is for Attorney General Eric Schneiderman of New York to invoke the state's powerful stock - fraud statute, the Martin Act, as the state has done in recent years to force other fossil fuel companies to disclose
more about the financial
risks they face from
climate change.
This report is one of dozens of internal documents unearthed by journalist Jelmer Molmers of De Correspondent and posted this week on
Climate Files that shed
more light on what Shell knew decades ago
about the
risks of burning fossil fuels.
Find out
more about the
climate of the past and how
climate change can present a number of
risks and opportunities >>.
«Carbon Tracker is able to be
more effective at informing investors
about climate risk and influencing their actions than traditional investment banks,» he said.
These days, Abbott is
more careful with his language but his appointments to cabinet and his policy positions say much
about the extent of his concern for the
risks of human caused
climate change.
On Tuesday, Norway's $ 872 billion sovereign wealth fund said it would vote in favor of shareholder proposals at Exxon and Chevron Corp. that would require the companies to report
more fully
about the
risks their businesses could face from tougher carbon policies and extreme
climate impacts.
Lord Stern, author of the government - commissioned review on
climate change that became the reference work for politicians and green campaigners, now says he underestimated the
risks, and should have been
more «blunt»
about the threat posed to the economy by rising temperatures.
Because of the enormous amount of research that has since been conducted into
climate change — a sum estimated in the tens of billions of dollars — much
more is now known
about these
risks, and much
more needs to be known.
It can be most useful to think
about climate change through a
risk management lens — the
more greenhouse gases that we emit, the greater the
risks for dangerous impacts to occur.
Some
more astute voices have been speculating
about this potential since the turn of the century — and suggesting that with dynamic
climate shifts there are even greater
risks of extreme hydrological and temperature changes.
«One major concern
about wildfires becoming
more frequent in permafrost areas is the potential to put the vast amounts of carbon stored there at increased
risk of being emitted and further amplify warming,» said Todd Sanford, a
climate scientist at Climate Central and lead author of the group's newly released report on Alaskan wildfires, by
climate scientist at
Climate Central and lead author of the group's newly released report on Alaskan wildfires, by
Climate Central and lead author of the group's newly released report on Alaskan wildfires, by e-mail.
In an experiment designed like a game of three - way telephone in which subjects were asked to select and pass on Facebook messages
about climate change, the authors found that a conventional framing of
climate change in terms of environmental
risks was
more likely to be shared, compared to less conventional messages emphasizing the public health and economic benefits to action.
If you'd like to learn
about this issue in
more depth, please visit Maplecroft's website and download The
Climate Change and Environmental
Risk Atlas 2014: http://maplecroft.com/themes/cc/.
They looked at what
climate policy makers could learn from adaptive management techniques, to create an approach to mitigation that
more fully accounts for the set of
risks that governments care
about, is less dependent on a globally binding mandate, and which could, therefore, be a better way to preserve flexibility in
climate mitigation.
Many environmentalists call geoengineering a false solution, ethicists often worry that it indicates a worrying hubris
about human domination over nature, and some economists suggest that it would encourage decision makers to take on
more climate risk.
(Read
more about dilbit in Inside
Climate News's Dilbit Primer, and
about the enhanced
risks dilbit poses to pipelines at NRDC's website.
Addressing
climate change should be
more about risk management.
But Mann argues that the paper adds to growing concerns
about the «uncertainty» in
climate change science being
more bad than good for humanity: «We should be taking into account worst - case scenarios when we attempt to gauge the
risks posed by
climate change.»
So, while just
about the only group likely to make a case for the historical benefits of fossil fuels is the oil industry — who can not be trusted because they are the fossil fuel industry — the press and politicians are
more than happy to swallow the GHF report despite the fact that much of the crucial data on which its 300,000 figure is based is provided by insurance giants Munich Re, when
risk insurers have as much interest in generating fear of
climate change as Exxon has in generating doubt.
(Read
more about dilbit in Inside
Climate News's Dilbit Primer, and
about the enhanced
risks dilbit poses to pipelines at NRDC's website.)
Peabody Energy, the world's biggest private sector coal company, has agreed to make
more robust disclosures to its investors
about the financial
risks it faces from future government policies and regulations related to
climate change and other environmental issues that could reduce demand for its product.
Was the case, though, that «geoengineering» group was
more concerned & not less
about climate change
risks
Others have talked
about what this might look like — regional impacts, measurement quality, reduced funding to GCM modeling (consistent with their strength in testing subsystems rather than forecasting
climate), and
more empirical work and modeling of those systems that have a large impact on areas of
risk.
Carbon Tracker welcomes the Task Force's recognition that meaningful investor engagement with boards and management on
climate risks requires
more informed discussion
about how these
risks may impact a business.
That paper, which I posted yesterday, presents data showing that «conservative Republicans» know just as much as «liberal Democrats»
about climate science (a very modest amount) and
more importantly are just as likely to be motivated to see scientific evidence of
climate change as supporting the conclusion that we face huge
risks.
But if one is interested in
risks and in preparing to meet them, the
more interesting question is what the deep historical record can tell us
about the circumstances under which
climates have changed rapidly in the past and the severity of the consequences.
Reading the Sierra Club report, I'm inclined to think the
risk is less that policy makers will follow its recommendations and
more that it will be viewed as evidence that those who care
about climate change in rich countries are trying to stop poor countries from developing modern, high - energy lives.
Choices
about the scale and timing of GHG mitigation involve balancing the economic costs of
more rapid emission reductions now against the corresponding medium - term and long - term
climate risks of delay
In this light, one may try to dismiss this concern
about «
climate risks» as nothing
more than a bunch of hot air, since statements
about «
climate risks» are necessarily forward looking statements, and under the National Instrument forward looking statements must have «a reasonable basis».