Remove Climate Change Remove Cost Of Remove Financing Remove Universal
article thumbnail

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

Green Car Congress

Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. Source: “Assessing the costs.” The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement.

article thumbnail

RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

Drive Electric

Table 1: Chapter 9 Energy and Industry Table 2: Chapter 11 Transport Table 3: Climate Change Commission Recommendations Table 4: Drive Electrics Summary Recommendations Part B: Detailed response Introduction New Zealand is on the cusp of the biggest transformation in transport in over a century.

article thumbnail

MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. The build-up of greenhouse bases in the atmosphere continues unabated, and its environmental and human costs are mounting. Innovation should become that focus.

article thumbnail

IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 trillion were invested during the five-year period, the amount falls short to achieve the global climate commitments. Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

Climate 349
article thumbnail

Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

Oceans, already expanding from warmth and melting glaciers, would rise, increasing coastal flooding; a chain reaction of climate changes is projected to lead to harsher, more widespread droughts and more powerful storms. But starting to raise immediate finance is more important than determining its exact future size.

article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). existing climate change.

Climate 294
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3

Financing 150