While the scientific evidence for climate change grows, the policy responses have so far had little or no impact on the build-up of emissions. Following the recent developments in Copenhagen, there are few signs that this will change in the near future. With this in mind, this article examines why there is still such a gap between what science says is needed, and what is actually achieved through policy.
Last week, Ethical Markets Media and The Climate Prosperity Alliance launched their Global Climate Prosperity Scoreboard, which tracks private investment in companies growing the green economy globally. This new, never before reported number, showing $1,248,740,645,993.00 (over $1.248 trillion) in total investment since 2007, indicates how investors and entrepreneurs are leading governments in promoting sustainable growth. The scoreboard totals investments in solar, wind, geothermal, ocean/hydro, energy efficiency and storage, and agriculture.
In this survey we are looking at the large US headquartered solar PV manufacturers with a view to examine how they are doing in this difficult economic climate. As basically anyone knows, who has not been cloistered away meditating in some cave, 2009 has been a very tough year for pretty much everyone.
The Guardian and Cleantech Group recently announced the Global Cleantech 100. This is the first ever list of this scale highlighting the most promising private clean technology companies around the world. The Global Cleantech 100 recognizes companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges. The final list represents the collective opinion of hundreds of leading experts from cleantech innovation and venture capital companies in EMEA, North America, India and China.
Last week, at the National Clean Energy Summit 2.0 in Las Vegas, Energy Secretary Chu called for a revolution, “a second industrial revolution.” The first industrial revolution came with a “carbon dioxide cost” but “in the next industrial revolution, we must develop technologies that will enable us to get the energy the world needs to grow and prosper but “essentially reducing and eliminating the carbon dioxide,” he said. Chu said the United States has the greatest research and development centers in the world in universities, national labs and the private sector. “Once we get this great invention machine geared and going we’d be invincible. But the only trouble is, let’s get it going.”
This, the fifth article in the series The Two-Headed Dragon ~ Energy/Water/Food Scarcity and Climate Change. Top Ten Policies that Feed it, and Two New Technologies that Could Enable us to Slay It and Save the Planet discusses why the short term mindset that prevails in our culture is preventing us from addressing the existential problems of climate change and rapidly disappearing fossil energy reserves. It touches on our nation’s irrational tax code, which provides a powerful incentive for wasteful practices and continued reliance on fossil fuels. It also suggests that the profound ignorance in energy matters is one of the key reasons why we have such poor energy policy, suggesting that our politicians should attend an energy boot camp and learn the fundamentals of energy.
A new MIT Energy Initiative report outlines clear steps the nation must take to develop cost-effective options for cutting carbon emissions at existing coal-fired power plants. According to the report, there is “no credible pathway” toward stringent cuts in greenhouse gas emissions worldwide without addressing coal-fired plants, according to the report released Friday at a press conference here. The recommend that any proposal must pass the “China test,” meaning its cost must be low enough “that China and other emerging economies can afford to implement it. The report reinforces the need to quickly start a cap-and-trade program; concludes retrofit technology is feasible but not enough is being done to implement it on a large scale; and provides action steps for policy makers.
Corporate responsibility, long seen as the preserve of companies in developed economies, is gaining ground in developing countries according to a review of ESG practices in 40 large emerging market companies – a new report published by Sustainable Investment Research Analyst Network (SIRAN), a working group of the Social Investment Forum (SIF).
SIRAN has partnered with global sustainable investment specialists EIRIS to assess 40 leading companies in ten emerging markets against key environmental, social and governance (ESG) criteria, including indicators on board practice, bribery, human rights, labor standards in the supply chain, health and safety, environment, climate change and biodiversity. Countries assessed in the study include Brazil, China, India, Indonesia, Israel, South Korea, Malaysia, Mexico, Russia and South Africa.