Due to Earth’s continuous warming trend, global temperatures in 2022 were 1.6 degrees Fahrenheit above the average for NASA’s baseline period, which is from 1951-1980. Earth’s average surface temperature in 2022 tied with 2015 was the fifth warmest on record, according to a report by NASA. Due to Earth’s continuous warming trend, global temperatures in […]
Climate Change
How carbon materials can improve solar power, green hydrogen and battery technology – EQ Mag
Carbon has a (justifiably) bad reputation for its role in climate change. You’ve heard we need to reduce our carbon emissions, our carbon footprint, our carbon miles. That’s certainly the case, but this is typically carbon that is emitted into the atmosphere as carbon dioxide, methane and soot. Other carbon materials also need a bit […]
6 reasons 2023 could be a very good year for climate action – EQ Mag
Many people think of the annual UN climate talks as talkfests which achieve only incremental change, at best. Activist Greta Thunberg has described them as “blah blah blah” moments – grossly inadequate and too often hijacked by fossil fuel producers who would like the world to keep buying their main exports. Look more closely. The […]
Financing the net-zero transition: From planning to practice – EQ Mag
Financial institutions will play a leading role in the transition to a net-zero economy. To maximize the opportunity, they must make fundamental changes across portfolios and organizations. As facilitators of economic activity, financial institutions are vital contributors to global climate efforts. By providing the right finance to the right place at the right time, banks […]
UAE names oil chief as president of COP28 climate talks – EQ Mag
The head of one of the world’s biggest oil companies has been named to lead the COP28 global climate talks in Dubai, later this year. Sultan Ahmed Al Jaber is currently the chief executive officer of the Abu Dhabi National Oil Company. He is also the minister for industry and advanced technology for the COP28 […]
Swiss right-wing party to call referendum in bid to block climate change law – EQ Mag
ZURICH : Switzerland’s right-wing Swiss People’s Party (SVP) will within a few days call a referendum aimed at blocking a draft law to cut greenhouse gas emissions, party officials said. The SVP, a member of the ruling coalition in Bern, is campaigning against the law to make Switzerland carbon-neutral by 2050 but has so far […]
Is Indonesia serious about stopping climate change and boosting renewable energy?(commentary) – EQ Mag
Is Indonesia serious about making a renewable energy transition? A new op-ed argues that it is not, as the government and banks continue to permit and fund electricity sources reliant on fossil fuels. “Will we as citizens remain silent when the government is not serious about carrying out the energy transition agenda?” the writer wonders. […]
What 2023 Holds for the Fight Against Climate Change – EQ Mag
This is what the first 20 episodes of Bloomberg Green’s Zero podcast tell us about the future of climate action. A lot happened in 2022, with Russia’s war on Ukraine throwing a spanner into a global economic machine that was just getting back into gear. And, as has become a recurrent theme on our warming […]
Will Global Emissions Plateau in 2023? Four Trends to Watch – EQ Mag
A slow economy, clean energy spending, electric vehicles and heat pumps could offset coal combustion to level carbon emissions The world’s emissions have seesawed in recent years, plunging in 2020 amid pandemic-induced lockdowns only to rebound in 2021 and likely edge even higher in 2022. Experts say 2023 could be the start of an emissions […]
A new climate reality: Less warming, but worse impacts on the planet – EQ Mag
The most severe climate change scenarios now appear less likely, but extremes are nonetheless poised to overwhelm societies, scientists say In the not-so-distant past, scientists predicted that global temperatures would surge dramatically throughout this century, assuming that humans would rely heavily on fossil fuels for decades. But they are revising their forecasts as they track […]