Climate change

Fossil fuels subsidies are worth $5.3 trillion

$5.3 trillion (or 4.7 trillion euros) : those are staggering figures as they amount to $10 million every single minute. The figures come from the International Monetary Fund, so one can be pretty sure of them. 

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Antarctica is melting faster and faster

According to recent data Antarctica appears to warm much faster than previously thought. This could have dire consequences for rising sea levels and the hundreds of million of people living in coastal regions worldwide.

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China is already cutting massively its emissions

While some analysts thought that China would cut its emissions in 2040 it is already starting to actually take place, and in an impressive way as new analyses have shown.

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Global emissions from energy sector stalled in 2014

Good news everyone ! According to the International Energy Agency, global carbon emissions related to the energy sector ” stalled ” last year. This took place in a time of global economic growth (+3% globally).

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A massive drought strikes Brazil

In the land of carnavals, I had read that some festivities had been cancelled because of the lack of water, so I knew something was wrong in Brazil. In fact, it is the worst drought in 84 years ! 

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South Korea enacts its cap and trade market

The world’s seventh carbon emitter started earlier this month the second biggest cap and trade program. As we have seen previously, South Korea is willing to cut its emissions by 30 percent by 2020. This cap-and-trade programm will enable it to do so.

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2014 was the hottest year on record

2014 was according to the Japan Meteorological Agency the hottest year ever recorded. Other agencies around the world will present the same conclusion in the next days or weeks as records were broken all around the world.

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The Lima Minima : it’s up to us

This weekend the climate negotiations within the United Nations ended in Lima, Peru and most if not all media outlets are expressing their discontent and show how little real progress was achieved.

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Climate action makes economic sense too

There are so many news I’d like to write about that I believe that for today, I’ll propose you some thoughts based on all of them. Please let me know if you like that idea.

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Japan has a carbon tax too

This was kind of a surprise for me when I learned that not only does Japan has a carbon tax, but that is has one since… October 2012. The world’s third largest economy is taxing emissions from power plants and vehicles alike. 

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