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

Green Car Congress

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. Rio Tinto introduced its first climate change target in 2008 and beat its most recent target.

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Australia Hosts First Climate Change Adaptation Conference

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The first international conference held in Australia to discuss the science and options for adapting to climate change begins in the Gold Coast Convention and Exhibition Center, Queensland, on 29 June. Professor Palutikof.

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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.)

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Study finds global emissions of several banned ozone-destroying CFCs are increasing

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—Lead author Dr Luke Western, a Research Fellow at the University of Bristol and researcher at the NOAA’s Global Monitoring Laboratory (GML) The international study was conducted by a team of scientists from the UK, US, Switzerland, Australia, and Germany. CFCs are chemicals known to destroy Earth’s protective ozone layer.

Ozone 353
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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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Australia is about to make a big push into electric vehicles

Setec Powerr

Australia has long been among the less developed countries in the world in terms of electric vehicles, and now the country is finally going to make a push in this area. The new regulations will go some way to addressing Australia’s lagging position in electric vehicle development.

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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.)