Donald Trump
‘Carbon Bubble’ Could Spark Global Financial Crisis, Study Warns
Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found. A sudden drop in demand for fossil…
Bloomberg Announces Multimillion-Dollar City Climate Challenge
One year after President Trump pulled out of the landmark Paris climate agreement, his administration shows no signs of progress, choosing instead to ignore climate science and boost the fossil fuel industry. Former New York mayor Michael Bloomberg, the secretary…
Hitting Toughest Climate Target Will Save World $30tn in Damages, Analysis Shows
Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis. Most nations, representing 90% of…
Global Warming Will Depress Economic Growth in Trump Country
A working paper recently published by the Federal Reserve Bank of Richmond concludes that global warming could significantly slow economic growth in the US. Specifically, rising summertime temperatures in the hottest states will curb economic growth. And the states with…
Green Energy: Good For The Planet, Bad For Fossil Fuel Workers
Current U.S. President Donald Trump, like all candidates, made a lot of promises before the election. One of his biggest was directed towards coal workers, to whom he vowed to end the “war on coal,” and bring back the “beautiful”…
Global Carbon Emissions Rise for First Time Since 2014
Global carbon dioxide emissions from energy increased for the first time in 2017 after three years of remaining flat, the International Energy Agency (IEA) said Thursday, meaning the world remains far off course in curbing planet warming emissions. Carbon emissions…
Donald Trump Says US Could Re-enter Paris Climate Deal
Donald Trump has said the United States could re-enter the Paris climate change agreement – and that he would have taken a “tougher stand” in Brexit negotiations than Theresa May. The US president said his country could join the international…