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Garnaut Climate Change Review issues first of 8 update papers in 2011; reaffirms decision-making framework and need for mitigation efforts

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As commissioned by the Australian Government in 2010, the Garnaut Climate Change Review, led by Professor Ross Garnaut, has issued the first of a series of papers scheduled for this month and next updating the 2008 Climate Change Review. —2008 Climate Change Review. Earlier post.)

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Copenhagen Diagnosis Released, Detailing Accelerating Indicators of Climate Change In Last Three Years

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A team of 26 climate scientists from Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States have published the “Copenhagen Diagnosis”, an interim synthesis report on developments in climate change science from mid-2006 to the present day. Click to enlarge.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. 2012 Keystone XL plan vs. 2008 plan.

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Perspective: The Role of Offsets in Climate Change Legislation

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This objective presents challenges because many offsets are difficult to measure. From a global climate change perspective, it does not matter where or from what source the reduction occurs: the effect on the atmospheric concentration of GHGs would be the same. Assuming the offset is legitimate—i.e., 3) Measurement.

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Exxon/Mobil Guilty of Climate Change Coverup. Now Ordered Out of Torrance 3 Years Sooner.

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But now that I’ve found out they’re still lying and covering up their role in climate change and the size of their own carbon footprint, I’m going to have to get tougher with them. Company records show that ExxonMobil handed over hundreds of thousands of pounds to such lobby groups in 2008.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. Parry co-chaired the IPCC working group on impacts, vulnerability and adaptation between 2002 and 2008. Source: “Assessing the costs.” In Click to enlarge. Professor Parry. Professor Parry.