What’s happened this week in climate change? Read the latest issue of Carbon Brief’s weekly newsletter, DeBriefed, here ⬇️ https://buff.ly/4efdpyu In this issue... 🌎 Countries were left with a “very steep mountain to climb” after negotiations in Bonn. 🌡️ Earth could breach 1.5C in the late 2020s or early 2030s, Carbon Brief analysis found. 💼 Key dates for next week and pick of the jobs. Also in this issue... 💡 Spotlight | Fossil fuels, billionaires and weapons: are taxes the solution to climate finance? Sign up to DeBriefed here ➡️ https://bit.ly/4a4gsGR ✍️ Written by Josh Gabbatiss, edited by Daisy Dunne #ClimateChange #ClimateNews #GlobalWarming
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Carbon Brief reports on the latest developments and media coverage of climate science and energy policy, with a particular focus on the UK. We produce news coverage, analysis and factchecks. Subscribe to our free newsletters: https://bit.ly/CBnewsletters Banner image credits: CTBTO, Knut-Erik Helle, NASA, S Kilungu/CCAFS.
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Carbon Brief reposted this
The Bonn Climate Change Conference has come to an end for another year. Next week, we will be sharing our reflections but, in the meantime, you can review the key outcomes in this new article from Carbon Brief: https://lnkd.in/ebnFPiBv
Bonn climate talks: Key outcomes from the June 2024 UN climate conference - Carbon Brief
https://www.carbonbrief.org
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China Briefing | Here are the key climate & energy developments from China over the past fortnight: 🚗 The EU raised tariffs on imported China-made EVs to up to 48%. 📚 NEA released policy guidance on integrating renewables into the grid. 📢 China announced policies on steel emissions and measuring carbon footprints. Read more in the latest edition of China Briefing ⬇️ https://lnkd.in/dZiWP7_f Also in this issue... Spotlight 🔦 | Carbon Brief looks at recently concluded US-China climate talks and explores the possibilities for continued subnational climate cooperation. Sign up to China Briefing here ➡ http://bit.ly/3WycMb5 ✍🏼 Anika Patel #ChinaBriefing #ClimateChange #Energy #China
China Briefing 13 June: EU EV tariffs; Grid buildout; US-China subnational climate cooperation - Carbon Brief
https://www.carbonbrief.org
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🔎 A new scientific assessment of how humans are affecting the climate is alarming, yet it does contain some encouraging news. 📈 The second “Indicators of Global Climate Change” report shows that human-caused warming has been increasing at a rate of 0.26C per decade. 🌡️ However, greenhouse gas emissions have not yet risen above pre-pandemic levels.here is also evidence that the rate of increase in CO2 emissions over the past decade has slowed compared to the 2000s. Read more from Prof Piers Forster and Dr Debbie Rosen here ⬇️ https://buff.ly/3VujAHx #ClimateChange #GlobalWarming #ClimateScience #GlobalEmissions
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🥝🥑 Around one-third of all food produced goes to waste, producing climate-warming greenhouse gases as it rots. 📖 New research finds that poorly temperature-controlled food supply chains could be causing up to 620m tonnes of food losses each year. This loss results in 1.8bn tonnes of CO2-equivalent emissions – more than three times the annual emissions of 🇨🇦 Canada. 🧊 Using more refrigeration when food is processed and 🚙 transported could more than halve the food-loss emissions in south and south-east Asia, the study says. Read more from Orla Dwyer here ⬇️ https://lnkd.in/eiPpjYKC #FoodWaste #FoodEmission #GlobalWarming #FoodProcessing
Better refrigeration could avoid almost 2bn tonnes of CO2 per year from food loss - Carbon Brief
https://www.carbonbrief.org
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Carbon Brief reposted this
🚨 NEW - A lot of material to be digested from the IEA's World Energy Investment - the 🔝 10 ones for me! 1- 'Only once in the lead'... SOLAR ☀️: the real star of world's energy investment is solar pv that alone attracts over $500 billions and beats all the other sources of power generation combined together. Very promising... although it is fair to remember that solar is (still) a fraction of total electricity needs (and even less of energy needs) 2- "The veins of global energy system: grids" - After stagnating around USD 300 billion per year since 2015, spending is expected to hit USD 400 billion in 2024 - the motto "no transition without transmission" is finally making inroads. 3- The 'Age of Batteries' has come: the investment have increased by 5-fold in just three years - an amazing rise - although the trend is strongly concentrated in China, Europe and United States 4- Who pays the bill? : more than 75% of the 3 trillions making annual energy investment budget comes from private sources = no transition without private money… 5- "Not everyone is equal"... clean energy investment in the developing world (excluding China) provides signs of life having increased substantially over the last few years. However, representing only a marginal share of total ones remain quite insufficient exactly where are more needed. 6- "The Golden Age of Gas is over"? Here it comes the Golden Age of LNG - the long wave of energy crisis triggered by once-the-world's largest gas exporter of gas - gives massive boost to new LNG projects with export capacity set to rise by 50% in few years 7- Nuclear power comeback - it is not only a renewables story: Investment in the nuclear generation almost doubled compared to six years ago, as this source moves back on the table of several countries across the world 8- A new (old?) equilibrium in the oil and gas world - upstream investment keeps rising while the epicentre of sector' spending shifts eastwards mainly in the hands of National Oil Companies of Middle East and Asia. 9- "Money for Nothing"? Well no.. at least looking at the tsunami of money that oil and gas sector gave back to investors. For the first time the amount of money spent for dividends and share buybacks has been larger than those re-invested in the sector. 10- "Make your own Part" - a quite interesting finding is that individual citizens and households become more important in driving energy investment. Rising spending in solar rooftops, buildings efficiency and EVs purchase push the share of total investment from private households from 9% in 2015 to today's 18%. Nice chart from Simon Evans Full report on International Energy Agency (IEA) website #sustainability #innovation #money #data #investment #energy #oilgas #alternativeenergy #renewables
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Newly released figures suggest that developed nations achieved their goal 🎯 of raising $100bn in climate aid for developing countries in 2022,albeit two years after the deadline. However, analysis conducted by the Center for Global Development and shared with Carbon Brief suggests that billions of dollars of foreign aid 💰 have been reclassified as “climate finance”. This is despite the widespread expectation that wealthy countries should provide climate finance that is “new and additional”. 🧾 Such accounting changes could allow some developed countries to reach their climate targets, even while slashing their wider aid budgets. As the chart shows, while the overall aid budget grew in 2022, due partly to new aid for Ukraine and more spending on housing refugees, existing bilateral development aid fell in 2022. 📉 Read more from Josh Gabbatiss here ⬇️ https://buff.ly/4aKGE9A #ClimateFinance #ClimateAid #ForeignAid #ClimateChange
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Carbon Brief reposted this
China, China and again.. China 🇨🇳 At the question “who invest most in the clean energy?” The natural answer would be USA 🇺🇸 (for its Inflation Reduction Act) and EU 🇪🇺 (through its Green Desl) but no… the answer would not be correct.. The global leader is #China 🇨🇳 that is really conjugating a security strategy approach with the ambition of becoming the global manufacturer hub of advanced #greentech. An approach that seems working at least looking at country’s level of deployment of solar, wind, nuclear, #electricvehicles as well as its market shares for exports in all world’s markets. The level of spending in clean #energy technology is not trivial at all for Europe and America, with the latter being in a real total energy boom as beside clean solution is also also the global leader for investment in fossil fuels, mainly #oilgas. Another quite telling chart of Simon Evans from Carbon Brief - based on the new IEA’s World Energy investment 2024.. . #investment #money #future #dsts #sustainability #innovation #technology
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🇺🇸 Across more than 200 US cities, once-redlined neighbourhoods are at higher risk of heat exposure and flooding, a new study finds. 💡 “Redlining” refers to a discriminatory historical practice in the US, whereby neighbourhoods were graded as too “risky” for investment based on race, income levels and housing quality. 🏠 These grades were used as justification for the denial of long-term mortgages and exacerbated existing racial segregation. 🗣️ The lead author of the study tells Carbon Brief that the work underscores the historical legacy of planning decisions made in the last century. Read more from Dr Giuliana Viglione here ⬇️ https://buff.ly/3VaprBC #Redlining #ClimateChange #Heatwave #Flooding
Discriminatory ‘redlining’ increases climate risk in disadvantaged US neighbourhoods - Carbon Brief
https://www.carbonbrief.org