World Economic Forum Makes Climate Change Case to G8 Leaders

In a Report to G8 host and Japanese Prime Minister Yasuo Fukuda, the corporate heavyweights of the World Economic Forum and the World Business Council for Sustainable Development (WBCSD) have set out an aggressive set of recommendations for addressing climate change.

The report, endorsed by CEOs from Alcoa, Royal Dutch Shell and 97 other mutli-nationals, begins with a broad statement of clarity:

While some uncertainties remain – applying a risk management perspective to the available information – we conclude that a reasonable approach is for all leaders of business and government to take action now.

Bush Panel Pins Nasty Weather on Climate Change

“Droughts, heavy downpours, excessive heat, and intense hurricanes are likely to become more commonplace as humans continue to increase the atmospheric concentrations of heat-trapping greenhouse gases,” according to the U.S. Climate Change Science Program.

The full report, generated and released in cooperation with the National Oceanic and Atmospheric Adminstration, is available here.

Canadian Carbon Taxes: A lesson in politics overwhelming policy

The current Canadian carbon tax debate is a chilling illustration of how easily political spin can overwhelm serious debate on a complex public policy issue.

Canadians in two jurisdictions are currently grappling with a carbon tax. In British Columbia, citizens are 10 days away from actually starting to pay a tax imposed by the provincial government - and nationally, Opposition Liberal Party leader Stephane Dion has just released a wide-ranging climate change policy proposal that includes a carbon tax.

The problem, in both instances, is that the facts of the tax - and the underlying policy consideration it was conceived to address - have been lost in a chorus of simplistic political rhetoric.

Are We Making Nature More Extremist Than Al Queda?

As greenhouse-gas emissions rise, North America is likely to experience more droughts and excessive heat in some regions even as intense downpours and hurricanes pound others more often, according to a report issued yesterday by the U.S. Climate Change Science Program.


Lesson from EU: We Can't Finesse Nature With Accounting Tricks

Practical experience with carbon markets in the European Union raises a critical question: Will such systems ever work?  Backers of these markets, which involve setting limits on greenhouse gases and then allowing companies to buy and sell emission permits, see the approach as one of the cheapest and most effective ways to control the gases in advanced economies. Yet in Europe, which created the world’s largest carbon trading market three years ago, early evidence suggests the whole approach could fail.  

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