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Search resuls for: "Climate Intelligence"


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As a climate scientist documenting the multi-trillion-dollar price tag of the climate disasters shocking economies and destroying lives, I sometimes field requests from strategic consultants, financial investment analysts and reinsurers looking for climate data, analysis and computer code. These requests make sense: People and companies want to adapt to the climate risks they face from global warming. Venture capitalists are injecting hundreds of millions of dollars into climate intelligence as they build out a rapidly growing business of climate analytics — the data, risk models, tailored analyses and insights people and institutions need to understand and respond to climate risks. I point companies to our freely available data and code at the Dartmouth Climate Modeling and Impacts Group, which I run, but turn down additional requests for customized assessments. I regard climate information as a public good and fear contributing to a world in which information about the unfolding risks of droughts, floods, wildfires, extreme heat and rising seas are hidden behind paywalls.
Persons: El Organizations: BlackRock, Venture, Dartmouth, Modeling
Of those to set a target, just 37% had one that covered their Scope 3 emissions, or those tied to a company's value chain. "A clear line in the sand on net zero has surfaced. Countless net zero targets are credibility light, but now we can say for certain that most of the world's largest listed companies are on the right side of the line on net zero intent," said John Lang, Project Lead, the Net Zero Tracker. As well as companies, the Net Zero Tracker tracks pledges made by nations, states and regions, and cities using machine and human data analysis. Alongside Oxford Net Zero, the consortium includes The Energy & Climate Intelligence Unit (ECIU); Data-Driven EnviroLab (UNC) and the NewClimate Institute.
Persons: Wolfgang Rattay, John Lang, Simon Jessop, Mark Potter Organizations: REUTERS, Nations, Dubai LONDON, Oxford University, Dubai, Oxford, The, Climate Intelligence, UNC, NewClimate Institute, Thomson Locations: Niederaussem, Germany, Dubai
Some 75 of the world's largest 112 fossil fuel companies have now committed to reaching net-zero - the point at which greenhouse gas emissions are negated by deep cuts in output elsewhere and methods to absorb atmospheric carbon dioxide. But most targets do not fully cover or lack transparency on Scope 3 emissions — which include the use of a company's products, the biggest source of emissions for fossil fuel companies — or don't include short-term reduction plans, the report added. The report also found that none of the fossil fuel companies were making the needed commitments to move away from fossil fuel extraction or production. As it stands, some 4,000 countries, states, regions, cities and companies globally have now committed to net-zero. A study published last week in the journal Science found that about 90% of countries' net-zero targets were unlikely to be achieved.
Persons: Thomas Hale, Daisy Streatfield, Gloria Dickie, Simon Jessop, Jan Harvey Organizations: Climate Intelligence Unit, University of Oxford, Science, Thomson Locations: Britain, London
Employee satisfaction is a big motivator for companies to go green, particularly as the U.K. faces its tightest labor market in decades. She's looking to grow her business but her former warehouse office building is too small and inaccessible for people with disabilities, so it's "mission critical" that the team relocates. "It's not like you're stumbling over these green buildings all over the place. "In light of the planet burning this might not seem as relevant [but] your office building is a huge reflection of your business' brand. "What is really expensive is if you have a big office building that's used one or two days a week.
REUTERS/Alexander Manzyuk//File PhotoSummary Registry by NGOs Carbon Tracker, Global Energy MonitorFirst global registry of world's fossil fuel assetsShows burning all known reserves would blow CO2 targetsLONDON, Sept 19 (Reuters) - Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global registry of oil and gas reserves, production and emissions with data for more than 50,000 fields. It could also help activists in their efforts to pressure producers or governments to cut fossil fuel output. The Global Registry of Fossil Fuels contains data for fields in 89 countries, covering 75% of global production the non-governmental organisations which developed it said. While there is little doubt that much of the world's oil and gas reserves will have to stay underground to avoid a dramatic worsening of the climate, the registry has put a number on this. It is not straightforward to calculate the life-cycle emissions of a unit of oil, gas or coal, often relying on calculations rather than measurements which can differ widely.
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