The industrialized world has been spewing carbon dioxide and other greenhouse gases faster than they can be contained for centuries. Climate change, and the increasing frustration of citizens about the inadequate response, is pushing countries to take action, or at least say they will. Becoming carbon neutral — also known as climate-neutral or net zero — is now a legal requirement in some countries, while European authorities are preparing legislation to become the first net zero continent. Even oil companies are getting in on the act.
The Bloomberg Terminal’s geospatial solutions add eye-opening geographic context to financial analysis
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With growing interest in global warming's impact on business, we’ve built a collection of mapping tools to help companies, investors and researchers better visualize climate-related risks & opportunities.
Financial players and their investors have much to gain from the shift toward greater sustainability. These investments offer a dual benefit: they lower emissions, speeding the transition to a low-carbon economy, and they can make (or save) money. People are increasingly aware of the first two pillars of sustainable investing -- risk identification and transparency. Now we need to inform them about the third: the need to drive capital toward sustainable opportunities, both at home and internationally.
NEW YORK, July 12, 2017 /3BL Media/– Today, California Governor Jerry Brown and Michael Bloomberg launched America’s Pledge on climate change, a new initiative to compile and quantify the actions of states, cities and businesses in the United States to drive down their greenhouse gas emissions consistent with the goals of the Paris Agreement.
‘City leaders are now teaming up across the nation to provide an alternative power channel, away from Washington’
When President Donald Trump announced America’s withdrawal from the Paris climate change accord, the decision horrified many observers, both within the US and beyond. John Hickenlooper, the Democratic governor of Colorado, was among them. “Abandoning this climate deal is like ripping off your parachute when you should be pulling the ripcord,” Hickenlooper declared, using the pithy turn of phrase for which he is renowned.
It has never been more important for the United States and China to work together on common goals, Bloomberg founder and former New York Mayor Michael Bloomberg told a small audience including Chinese government officials assembled at the Asia Society in New York Wednesday.
Representatives of American cities, states and companies are preparing to submit a plan to the United Nations pledging to meet the United States’ greenhouse gas emissions targets under the Paris climate accord, despite President Trump’s decision to withdraw from the agreement.