Today on Blue & Green Tomorrow, we learned that the S&P 500 companies that are leading climate change action are raking in superior profitability and benefiting from lower volatility of earnings.
We also reported on pro-democracy protests in Hong Kong and the introduction of South America’s first carbon tax.
Researchers have suggested that if green spaces were doubled in size in central Melbourne, deaths caused by heatwaves among the city’s elderly could be cut by 28%, cooling temperatures by 0.5C and reducing the so-called urban ‘heat island effect’.
German multinational Siemens has said that despite its strong interest in clean energy infrastructure, it remains committed to long-term investment in fossil fuels such as coal, which it claims will still be needed in the future.
S&P 500 companies that are leading climate change action are raking in superior profitability and benefiting from lower volatility of earnings, according to a new report from CDP.
Some banks, including HSBC and Standard Chartered, have shut down their branches in Hong Kong after thousands of citizens took the streets on Sunday protesting against the strict electoral system enforced by the Chinese government.
Chile has become the first South American country to introduce a tax on carbon, in a pioneering effort to tackle climate change.
IBM, together with Airlight Energy, has launched a new 10-meter-high ‘sunflower’ device, able to move in order to catch as much sunlight as possible, which can concentrate the sun’s radiation 2,000 times and convert 80% into electricity and heat.
Prime minister David Cameron’s pledge to build discount homes for first time buyers and exempt them from the zero-carbon homes standard has been criticised by green campaigners.
Photo: Sanja Gjenero via Free Images