United States

CLICK HERE - REPORT - Swiss Re - LIGHTS OUT: THE RISKS OF CLIMATE AND NATURAL DISASTER RELATED DISRUPTION TO THE ELECTRIC GRID - 25 July 2017

artemis.bm - July 25, 2017

Risks to the electric grid due to severe weather, natural catastrophes and climate change can cause losses in the billions of dollars, and while threats make our energy future more uncertain there is a role for risk transfer and potentially the capital markets in helping to stave off economic disruption.

A new report published by reinsurance firm Swiss Re but authored by students at the Johns Hopkins University School of Advanced International Studies (SAIS) explains that the electric grid is among the most important pieces of our critical infrastructure, but is also one of the most exposed to natural disasters, weather and climate related threats.

A Volkswagen e-Golf electric car being charged in Dresden, Germany, in March. Volkswagen and Tesla each have plans to produce more than 1 million electric vehicles per year by 2025. Credit Fabrizio Bensch/Reuters

CLICK HERE - Bloomberg New Energy Finance (BNEF) - Electric Vehicle Outlook 2017

nytimes.com - by Brad Plumer - July 8, 2017

As the world’s automakers place larger bets on electric vehicle technology, many industry analysts are debating a key question: How quickly can plug-in cars become mainstream?

The conventional view holds that electric cars will remain a niche product for many years, plagued by high sticker prices and heavily dependent on government subsidies.

But a growing number of analysts now argue that this pessimism is becoming outdated. A new report from Bloomberg New Energy Finance, a research group, suggests that the price of plug-in cars is falling much faster than expected, spurred by cheaper batteries and aggressive policies promoting zero-emission vehicles in China and Europe.

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An iceberg lies in the Ross Sea with Mount Erebus in the background near McMurdo Station, Antarctica, in November 2016. (AFP/Getty Images)

CLICK HERE - STUDY - Nature Communications - January 2016 extensive summer melt in West Antarctica favoured by strong El Niño

washingtonpost.com - by Chris Mooney - June 15, 2017

Scientists have documented a recent, massive melt event on the surface of highly vulnerable West Antarctica that, they fear, could be a harbinger of future events as the planet continues to warm.

In the Antarctic summer of 2016, the surface of the Ross Ice Shelf, the largest floating ice platform on Earth, developed a sheet of meltwater that lasted for as long as 15 days in some places. The total area affected by melt was 300,000 square miles, or larger than the state of Texas, the scientists report.

That’s bad news because surface meltin g could work hand in hand with an already documented trend of ocean-driven melting to compromise West Antarctica, which contains over 10 feet of potential sea level rise.

A coal-fired power station in Mount Storm, W.Va., in January. The coal industry played an instrumental role in efforts to unwind the Obama administration’s climate policies. Credit Luke Sharrett/Bloomberg

nytimes.com - by Coral Davenport and Eric Lipton - June 3, 2017

The Republican Party’s fast journey from debating how to combat human-caused climate change to arguing that it does not exist is a story of big political money, Democratic hubris in the Obama years and a partisan chasm that grew over nine years like a crack in the Antarctic shelf, favoring extreme positions and uncompromising rhetoric over cooperation and conciliation . . .

<In 2008 Senator John McCain, who had just secured the Republican nomination for President, sounded the alarm on global warming.>

 . . . Since Mr. McCain ran for president on climate credentials that were stronger than his opponent Barack Obama’s, the scientific evidence linking greenhouse gases from fossil fuels to the dangerous warming of the planet has grown stronger.

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