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Air & Climate Newsletter July 18, 2013 |
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| This Week´s Featured News Stories |
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Weathering the Storm - Climate change as growing business risk
Most major companies see extreme weather and other climate change impacts as current or near-term business risks, but lack the data and tools needed to effectively assess and manage these risks, according to a report by the Center for Climate and Energy Solutions (C2ES).The report, Weathering the Storm: Building Business Resilience to Climate Change, provides a detailed snapshot of the state of resilience planning among a cross-section of global companies.C2ES found that 90 percent of companies in the Standard and Poor`s Global 100 Index identify extreme weather and climate change as risks, and ... | ||
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Australian PM changes carbon tax ahead of election
Australia`s Prime Minister Kevin Rudd said Tuesday a deeply unpopular carbon tax will be replaced by a less-severe emissions trading scheme a year ahead of schedule, in a bid to lower power bills for households as a tight national election looms. The carbon tax on Australia`s worst industrial polluters, including its coal-reliant power producers, went into effect in July 2012 and was supposed to remain in place until 2015. At that point, it was set to be replaced by an emissions trading scheme, in which the cost of emitting a ton of carbon would be determined ... | ||
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