BP drops a cluster bomb on Big Oil

Bernard Looney’s decision to reinvent BP as a green energy giant will save the FTSE 100 firm from a death spiral
— Read on www.telegraph.co.uk/business/2020/09/16/bp-drops-cluster-bomb-big-oil/

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A new warning bell for Wall Street, as wildfires rage out west | Environmental Defense Fund

Trump administration issued a proposed regulation that would prohibit retirement and pension plans from considering climate risk — despite overwhelming opposition from the investment community.
— Read on www.edf.org/blog/2020/09/18/new-warning-bell-wall-street-wildfires-rage-out-west

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Committee on Climate Change chair Lord Deben on why it would be ‘stupid’ not to use the coronavirus recovery to go for net zero

“The rich countries, even after COVID-19, have got to recognise that we have benefited from the pollution that has caused climate change.

“It’s our fault. And we’ve become rich on its back. We have an absolute responsibility.”

— Read on www.politicshome.com/thehouse/article/coronavirus-rebooting-economy-reach-net-zero-amazing-opportunity

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Mass migration set to increase as world warms

migrations were not centred on poor people trying to enter rich nations in Europe or North America. Instead, most movements were from the countryside to urban areas in the same country
— Read on climatenewsnetwork.net/mass-migration-set-to-increase-as-world-warms/

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New Zealand minister calls for finance sector to disclose climate crisis risks in world first

Green party makes electoral pledge that would make it mandatory for large financial institutions to reveal exposure to climate-related risks
— Read on www.theguardian.com/world/2020/sep/15/new-zealand-minister-calls-for-finance-sector-to-disclose-climate-crisis-risks-in-world-first

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IEEFA Australia: Gas is not a transition fuel, Prime Minister – Institute for Energy Economics & Financial Analysis

To slow global warming immediately, Howarth recommends “the best strategy is to move as quickly as possible away from natural gas, reducing both carbon dioxide and methane emissions.”
— Read on ieefa.org/ieefa-australia-gas-is-not-a-transition-fuel-prime-minister/

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“Too late for gradual transition”: Quiggin calls for coal exit by 2030

A new research paper spells out benefits of a rapid coal phase-out and calls on governments to develop a plan for the transition.
— Read on reneweconomy.com.au/too-late-for-gradual-transition-quiggin-calls-for-coal-exit-by-2030/

Pity Doc Doolittle Morrison & Co reaction sphincter tighter than fish’s…so do nothing and wait succession worsening lead up to complete catastrophe.

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Swedish consortium unveils mammoth wind-powered car carrier

Swedish consortium unveils a modern-day sailing ship which will be capable of carrying 6-7,000 vehicles an feature sails 80 metres high.
— Read on thedriven.io/2020/09/10/swedish-consortium-unveils-mammoth-wind-powered-car-carrier/

For a country as dependent on international trade by ocean freight, with so much experience in radical sailing craft, surely Angus Taylor can find private partner for ARENA to develop a competitor design? Or will we be at the back of the queue, yet again!

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Slightest heat increase magnifies hurricane risk | Climate News Network

11 September, 2020 – The poorer and more vulnerable you are, the greater your hurricane risk. Even a tiny heat rise can spell disaster.
— Read on climatenewsnetwork.net/slightest-heat-increase-magnifies-hurricane-risk/

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Exponential Climate Action Summit – Sep 24, 2020

Race to Zero through digitalization
— Read on www.wedonthavetime.org/events/exponential-climate-action-summit-202009

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