20 January 2012
The big event of December was the Durban- based UN Climate Summit. As we stated in our November newsletter we weren’t expecting any significant progress on an international, legally binding climate change agreement; and sadly we, as with most observers, were proved correct.
15 December 2011
With the end of the year fast approaching, this month’s extended newsletter includes our 2012 special report which reviews this year’s climate change developments and reveals our predictions for 2012.
15 November 2011
Following the furore around the supposed manipulation of climate data in 2009, the Berkley Earth Project was established to see if the use of new methods and new data would confirm or contradict previous studies.
17 October 2011
It is now around 11 weeks until the next round of international climate change negotiations are to be held in Durban in November/December. Already the diplomatic wheels of this lengthy negotiation process are in motion (some might say not far from falling off).
19 September 2011
The Cancun Agreement that came out of the COP16 meeting in 2010 reiterated a global ambition to limit global warming to 2°c above pre-industrial levels and to consider limiting warming. It did not, though, impose any binding requirements on nations on achieving this through greenhouse gas (GHG) emissions cuts. So what does it mean to limit global warming to 2°c?
15 August 2011
China’s coal use over the last decade appears to be the main cause for the lull in global temperature increase, according to published research. Seemingly an anomaly, given coal’s status as the main contributor to climate change through the production of CO2 when burnt, experts suggest that the additional release of sulphate particles appears to be, at least in part, responsible for levelling average temperature rises over the past decade.
18 July 2011
It is now very likely that there will be no successor to the Kyoto protocol which expires in 2012. This failure has been driven by the lack of the USA’s ability to deliver a legally binding emissions cut. This has prompted key developing countries to hold back from strengthening their voluntary commitments in the absence of any legally binding targets on the developed world.
16 June 2011
This June, Oxfam will release a report highlighting concerns that the price of food staples will double over the next twenty years. Meanwhile, a study entitled “Climate Trends and Global Crop Production since 1980” has shown that the effect of rising temperatures has caused a drop in crop yields over this period.
16 May 2011
Over the last couple of months there have been several reports on the warming of the world’s oceans. Winter Arctic ice mass was equal to its smallest on record this year (since 1979). However, the group of scientists who predicted that the Arctic summer ice would all be gone by 2013 have revised their calculations, saying they expect this to occur by the end of this decade.
15 April 2011
Having already been classified as the second worst nuclear power accident in history it is clear that the Fukushima nuclear disaster will have global consequences. This month we analyse the immediate political and market reactions and some of the longer term global implications, and then detail our thoughts on the GCC fund by theme.
14 March 2011
Over the last two months, BP and Exxon have published their energy outlook reports looking at future energy demands and carbon emissions to 2030. Both reports conclude that, by 2030, emissions will increase by 25-27% from current levels.
14 February 2011
In its latest 5 year development plan, China will consider a carbon cap-and-trade programme that will aim to reduce domestic emissions and improve industrial efficiency.
19 January 2011
We don’t often dwell on the observed physical impacts of climate change. However 2010 has proved to be a year of record breaking temperatures and weather extremes.
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