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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The production of aluminium, copper and high-grade iron ore will play a part in the transition to a low carbon economy.

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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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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. Everyone will have to do it, including the US. ”. 2012.04.007.

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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. surface temperatures, 1980-2008.

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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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Final report of Garnaut Review Update recommends carbon pricing scheme for Australia to do its fair share on climate change

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It will be much harder and more expensive for Australia to do its fair share on climate change without a carbon pricing scheme, according to the final report of the Garnaut Climate Change Review – Update 2011, Australia in the Global Response to Climate Change. Earlier post.)