economy

the north of england produced 48% of the uk’s renewable electricity

28,000 jobs at risk in north of England over low-carbon economy

Thinktank says transition to low-carbon economy could result in ‘local deprivation’ — As many as 28,000 jobs will be lost in the north of England in the next 12 years under the government’s drive towards a low-carbon economy, a thinktank has warned. The Institute for Public Policy Research (IPPR) said in its report that the …

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downtown skyline with snowy mountains behind at sunset

Q&A: How ‘integrated assessment models’ are used to study climate change

Working out the best ways to tackle climate change is one of the key challenges facing policymakers both today and in the decades ahead — To inform these decisions, scientists and economists have developed a suite of tools known as “integrated assessment models” (IAMs). These models are used to answer central questions about climate change, …

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mike dupray rides his segway scooter through town

New study finds incredibly high carbon pollution costs – especially for the US and India

As a wealthy, warm country, the US would benefit from implementing a carbon tax to slow global warming — The social cost of carbon is a measure of the economic damages caused (via climate change) by each ton of carbon pollution that we produce today. It’s difficult to estimate because of physical, economic, and ethical …

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a cyclist navigates through flood water

Weatherwatch: climate change raises flood risks for river communities

People living near waterways must choose between moving away or building ever-larger flood defences — Most of our oldest towns and cities are on rivers, often in the upper part of the estuary where ships could easily come in on the rising tide. They were founded in an era where boats were the easiest and …

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coastal flooding in aberystwyth, wales

Coastal flooding in Europe ‘could cost up to €1 trillion per year’ by 2100

The economic damage from coastal flooding in Europe could reach almost €1 trillion per year by 2100 without new investment in adaptation to climate change, a new study finds — The research looks at how rising sea levels and continued socioeconomic development will affect future coastal flood risk in 24 European countries. In contrast to …

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a family wearing face masks in the smoke-filled streets of ventura, california

Wildfires

The devastation caused by wildfires is self-evident – but their impact is greater and more wide-ranging than you might think… — This year, the number of wildfires in Europe has increased. In California, the Mendocino complex wildfire is the largest in its history. Research continues to reveal the extent of health problems arising because of …

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nuclear plant in san onofre, california

Mapped: The US nuclear power plants ‘at risk’ of shutting down

Nuclear power plants generate more than half of the US’s low-carbon electricity. However, record low gas prices associated with the US fracking boom have made many existing nuclear plants uncompetitive in the current market — About 90 terawatt hours (TWh) of nuclear generation is scheduled to retire in the next decade, more than all of …

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coal power station in poland

Comprehensive study: carbon taxes won’t hamper the economy

But global warming will. — Eleven teams participated in a recent Stanford Energy Modeling Forum (EMF) project, examining the economic and environmental impacts of a carbon tax. The studies included “revenue recycling,” in which the funds generated from a carbon tax are returned to taxpayers either through regular household rebate checks (similar to the Citizens’ …

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