Environmental destruction undercuts global economy to the tune of $6.6 trillion

By Jeremy Hance, www.mongabay.com October 06, 2010 The cost of environmental damage to the global economy hit 6.6 trillion US dollars—11 percent of the global GDP—in 2008, according to a new study [executive summary pdf] by the Principles for Responsible (PRI) and UNEP Finance Initiative. If business continues as usual, the study predicts that environmental […]

Wildfires: A symptom of climate change

By Michael FinneranHampton VA (SPX) Sep 29, 2010 This summer, wildfires swept across some 22 regions of Russia, blanketing the country with dense smoke and in some cases destroying entire villages. In the foothills of Boulder, Colo., this month, wildfires exacted a similar toll on a smaller scale. That’s just the tip of the iceberg. […]

Japan to drill for controversial ‘fire ice’

Japan seeks to improve energy security by drilling for frozen methane but environmentalists fear a leak of the greenhouse gas, which is 21 times as damaging as carbon dioxide By Michael Fitzpatrick, www.guardian.co.uk Monday 27 September 2010 09.22 BST In a bid to shore up its precarious energy security Japan is to start commercial test […]

Evidence supporting the ‘Hockey Stick’ graph continues to accumulate

By JOHN COLLINS RUDOLFSeptember 23, 2010, 8:12 am Few images in the climate change debate have stirred as much controversy as the storied “hockey stick” graph, which shows average temperatures in the northern hemisphere holding roughly steady for 900 years or so, until the 20th century, when they rise sharply. First unveiled in 1998 by […]

Morgan Stanley to underwrite coal mining on Borneo

www.mongabay.com September 01, 2010 Morgan Stanley, CIMB Securities, and Credit Suisse will underwrite the initial public offering of PT Borneo Lumbung Energi (Borneo Energy), a company that owns Asmin Koalindo Tuhup, a mining company that operates in Central Kalimantan in Indonesia Borneo, reports ANTARA. The listing aims to raise roughly $250 by selling 30 percent […]

Dr. Fatih Birol’s words of warning: Melting permafrost, cheap oil, and the end of the world as we know it

By Can Erimtan 26 August 2010 This summer, climate change, or global warming, has arguably established itself as a reality to be reckoned with. Greenhouse gases are heating up the earth’s atmosphere and, as a result, global weather conditions now seem to have gone truly haywire. Temperatures are unusually high in certain places, while rain […]

Russia’s peatland fires seen burning for months

By Alister Doyle, Environment Correspondent Wed Aug 11, 2010 12:04pm EDT OSLO (Reuters) – Some of Russia’s smog-causing peatland fires are likely to burn for months, part of a global problem of drained marshes that emit climate-warming greenhouse gases, experts said on Wednesday. Novel carbon markets could offer a long-term fix for peat bogs, from […]

Graph of the Day: Temperatures in the Lower 48 States, 1901–2009

This figure shows how average temperatures in the lower 48 states have changed since 1901. Surface data come from land-based weather stations, while satellite measurements cover the lower troposphere, which is the lowest level of the Earth’s atmosphere (see diagram on p. 20). “UAH” and “RSS” represent two different methods of analyzing the original satellite […]

Palm oil giant accused of rainforest destruction caught ‘red-handed’

Indonesia’s largest palm oil and pulp group, Sinar Mas, is continuing to destroy rainforests and peatland despite promises to end the practice Ecologist29th July, 2010 A major supplier of palm oil and pulp (paper) to multinationals, including food giant Cargill, has been caught clearing orang-utan habitats and carbon-rich peatlands. The Sinar Mas group, which has […]

Emissions of greenhouse gases methane and nitrous oxide underestimated

  ScienceDaily (July 1, 2010) — The emission of the greenhouse gases methane and nitrous oxide has been structurally underestimated, as a result of the measuring methods used. This is the conclusion of the scientist Petra Kroon, who carried out research for the Energy research Centre of the Netherlands (ECN) and Delft University of Technology […]

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