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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

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

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

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Study finds stabilizing warming at 1.5 ?C would result in economic hit through 2100; benefits accrue by 2300

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A new study by a team from San Jose State University and Stanford University has found that—even under heightened damage estimates—the additional mitigation costs of limiting global warming to 1.5 °C Specifically, the researchers found that under their central parameter values, limiting global warming to 1.5

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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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. 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. In Click to enlarge.

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Tesla donates $3.1M of $6M grant to Jeff Dahn’s Dalhousie University battery team

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A team of battery researchers at Canada’s Dalhousie University are the recipients of a $6 million grant from the Natural Sciences and Engineering Research Council (NSERC). Tesla renews contract with Jeff Dahn’s battery team at Dalhousie University. The NSERC will give the team, headed by Dr. Jeff Dahn, $2.9

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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A new study by researchers at the University of Toronto has found that current US policies are insufficient to remain within a sectoral CO 2 emission budget for light-duty vehicles that is consistent with preventing more than 2?°C C global warming. The paper is published in the journal Nature Climate Change.