Climate Change

Who’s holding us back? How carbon intensive industry is preventing effective climate legislation

The corporations most responsible for contributing to climate change emissions and profiting from those activities are campaigning to increase their access to international climate negotiations and at the same time working to defeat progressive climate and energy policies around the world. This report from Greenpeace helps to demonstrate why decisive action on climate change is being consistently ousted from the political agenda.

Unburnable Carbon: are the world’s financial markets carrying a carbon bubble?

There are more fossil fuels listed on the world’s capital markets than we can afford to burn if we are to prevent dangerous climate change. This report quantifies how bad the overshoot is, company by company, stock exchange by stock exchange. Nowhere in the financial chain does the capital market recognise, or quantify, the possibility that governments will do what they say they will in regards to emissions reductions. This is a huge oversight, and there are serious financial risks if the fossil fuel reserves or 'assets' held by publicly listed companies becoming stranded as countries begin to shift towards a low carbon economy.

The Cost of Climate Change: What We’ll Pay if Global Warming Continues Unchecked

Global warming comes with a massive price tag for every country around the world, but the cost of failing to act will be much greater. The longer we wait, the more painful—and expensive—the consequences of climate change will be. This report by the Natural Resources Defense Council predicts that the estimated costs of both failing to act, and acting on climate change in the United States (US). The research shows that if present trends continue, the total cost of global warming in the US will be as high as 3.6 percent of gross domestic product (GDP). Four global warming impacts alone—hurricane damage, real estate losses, energy costs, and water costs—will come with a price tag of 1.8 percent of U.S. GDP, or almost $1.9 trillion annually (at today's costs) by 2100.