Who should pay for the impacts of climate change? This conundrum was at the center of nine class action lawsuits filed by Farmers Insurance in April against dozens of cities in the Chicago area for failing to prepare for the floods that hit Illinois last spring. The insurance company had argued that local governments should have known that rising global temperatures would result in heavier rains and did not do enough to secure sewers and storm drains. But, in a surprising turn of events, Farmers withdrew the suits last week, the Chicago Tribune reported.
Category: Climate & Environment
This category is climate change in relation to sustainability and CSR and how these segments effect one another. This includes how climate change has started to cause a wide range of physical effects with serious implications for investors and businesses, and how the business sector discloses climate risks and manage them.
Can the primary culprits of global warming be held liable for undermining efforts to combat climate change? That may sound like something a heavier, bearded Al Gore might have scribbled on a napkin in the middle of the night, but there’s reason to believe that it may not be so far-fetched. At least, that’s what a trio of high-profile environmental groups are suggesting.
In the fall of 2012, New York City launched a pilot program to test out the curbside collection of organic waste – food scraps, food-soiled paper and yard waste – in its dense urban neighborhoods. The project – which included 30,000 households in the Bronx, Brooklyn and Staten Island, as well as over 100 schools and city buildings throughout the city – was much more successful than officials anticipated, and now the city is rolling out the curbside organics collection program to the rest of the Big Apple in phases. This spring, an additional 70,000 households in Queens and Brooklyn received new brown carts where residents can toss in fruit and vegetable trimmings, meat and bones, napkins and even pizza boxes.
Scientists at the Ben-Gurion University in the Negev in southern Israel have made a disturbing finding on the effects of CO2 levels on the nutritional value of the food we eat. They say that crops that provide a large share of the global population with most of their dietary zinc and iron will no longer have those nutrients.
Siemens Report Lays Out Opportunities for Cities to Leverage Technology and Build Infrastructure Value
“Cities with the appropriate foundations of institutional stability can leverage financial mechanisms to their advantage to help deliver the infrastructure that is so critical to their future,” wrote the authors of a new report on financing smart city infrastructure.
Tom Vinson of the American Wind Energy Association speaks about how wind energy can help states respond the EPA proposal to cut power plant emissions.
Cities across the globe need to construct new transit systems, roads and utilities – or modernize their aging infrastructure – to adapt to the changing climate, reduce carbon emissions and support growing populations. But an important question remains: How will cities pay for such projects? A new report, “Investor Ready Cities,” compiled by engineering company Siemens, professional services network PwC and law firm Berwin Leighton Paisner, aims to help cities think about new ways to fund their infrastructure projects – by taking a fresh look at traditional funding models like taxes and user fees and by attracting private investors.
More than 100 companies and investors sent a letter of support to the Obama administration for this week’s release of a new EPA standard to limit carbon pollution from existing power plants.
Absent a high-enough price on carbon, a carbon tax, or direct levies on fossil fuel suppliers, “nuclear, hydro and natural gas combined cycle have far more net benefits than either wind or solar,” according to Brookings’ Charles R. Frank, Jr. The assumptions underlying and supporting the analysis highlight the shortcomings of economic models and thinking, however.
Polls suggest that Americans recognize the need to address climate change, but don’t seem to see it as a priority for the country. What do we need to do to change the conversation on climate and engage the mainstream American public in solutions?
Out of all animal proteins, fish has the most favorable feed conversion ratio (FCR). Beef, for example, requires 7 kilograms of feed to gain 1 kilogram of weight, while fish can be closer to a one-to-one ratio. However, when it comes to aquaculture, the topic of feed is a bit more controversial–especially when it comes to farming carnivorous species. But Bell Aquaculture is hoping to change all that with innovations in locally sourced, plant-based fish feed.
The future of our oceans, rivers, coastlines and other waterways is looking much brighter, thanks to the passing of a $12.3 billion water infrastructure projects bill by the Senate and U.S. House of Representatives. The Water Resources Reform and Development Act (WRRDA) addresses management of U.S. waterways and coasts and includes billions of dollars in high-impact projects. Assuming President Obama signs the bill into law, it will be the first federal water infrastructure authorization since 2007.
Can garbage power your plane ride from New York to London? That’s the idea behind a new production plant that will transform waste from London’s homes and businesses into a jet fuel that costs about the same price as conventional petroleum-based fuel but burns cleaner and produces fewer carbon emissions.
Bell Aquaculture demonstrates how engineered fisheries can bring back local traditions that are threatened by the collapse of natural fisheries.