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Tag: climate change

  • Enough Sermons on Climate, It’s Time for ‘Just’ Action

    As Britain readies to host the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow in November this year, there is a concerted effort to push countries towards publicly endorsing and adopting ‘Net Zero’—a carbon neutral emission norm—as policy. This is a demand for an inflexible, near-impossible, time-bound agenda to achieve what is…

  • Excuse Me, Mr. U.N. Secretary General

    The United Nations Secretary-General António Guterres raised the climate change stakes this week when he called for the cancellation of all coal-fired power projects around the world. He said “Today, I am calling on all governments, private companies and local authorities to take three steps,” “First, cancel all global coal projects in the pipeline and…

  • Climate and Energy Priorities for the New U.S. Administration

    President-elect Joe Biden has outlined a nationwide goal for the United States to produce 100% carbon-free electricity by 2035 and reach net-zero emission by mid-century. Doing so would move the country from its current 40% renewable energy mix to a completely decarbonized electricity sector. The administration will have to balance expected plant retirements in the…

  • E-Commerce Has a Climate Problem

    There are about 165 billion packages shipped in the United States every year. That’s 503 for every person in the country. With a few scrolls and clicks, an order is placed, and a fulfillment process is triggered. The product is zipped through a storage space on a conveyor belt, before being packaged and sorted for…

  • Trillion dollar European funds ban Reliance Infrastructure, Coal India, TATA Power, BHEL and other Indian companies. Is New Delhi assisting them?

    The one trillion dollar Norwegian fund, one of the world’s largest, run by the Norwegian National Bank is oft cited as an example of money managers balancing heft and health to always land on their feet. Set up after the country struck oil in 1969 and subsequent prosperity, the fund now largely promotes green and…

  • The Insurance Industry’s Climate Risk

    The United States is being battered by Hurricanes along the Gulf Coast and by wildfires in Northern California. These events are harbingers of climate change. Accelerated warming is making hurricanes more destructive and storm surges higher. As homeowners grapple with these disasters, while social distancing in a pandemic, insurance companies are weighing their financial exposure…