1. The EU’s chief climate negotiator says the world is on track for around 4°C of global warming under current carbon emissions trends, a trajectory that some scientists say risks a planetary mass extinction event. Read the EurActiv story - http://goo.gl/yo8sn.
It's midnight; I'm bobbing around in a kayak on Sydney Harbour, with 1.5 million people crowded on to the foreshores around me, watching the world's biggest New Year's fireworks spell out "welcome" in 16 languages.
In a Statement headed "Creating long term value – Insurers ask for action so they can contribute to new growth", Swiss Re, Allianz, Legal & General, Aviva and Aon Benfield yesterday said:
Climate Bond Standard released, open for business; Goal to Assure Integrity of Green Claims for Investors, Governments
LONDON TODAY – The Climate Bonds Initiative today released the final approved text of the prototype Climate Bond Standard. See http://standards.climatebonds.net/
Earlier this month two news items rocked me, and I'm still rocking.
The first was the US Government's CO2 Analysis Centre reporting that global emissions had grown 5.9% in the past year. That's the highest ever recorded; it was chilling news. A friend called to say he was going ahead with buying land in Canada for his kids; not an option for most people.
