38 trillion dollars in damages each year: World economy already committed to income reduction of 19 % due to climate change. 👉New PIK paper in @Nature by @KotzMaximilian , @Leonie_Climate , @ALevermann, Image: Kotz et al., Nature https://t.co/6y46hZI6qL
Today’s a big moment in environ policy world – Biodiversity Net Gain goes live. It’s a super ambitious policy aiming to turn 1 of the biggest drivers of biodv loss (infra development) into a driver of biodv improvement. Our team’s been studying it for 4 yrs: here’s what we know.
@robhawkes I think most 'accurate' model is approx ~half the RTE loss on import, ~half on export, with some amount of leakage/loss modelled in-between (though, at 1/100th of a percent/h, it shouldn't make a large difference)
@robhawkes@tehancocks Nonlinear wrt temperature, and not symmetric on charge/discharge. You might be able to get some decent approximation by assuming flat round-trip (say, 88%) though
Heatwaves in Europe will become more frequent, more intense & will last longer.
By 2050, about half of the European population may be exposed to high or very high risk of heat stress during summer.
#IPCC#ClimateReport FAQ 13.3 ➡️ https://t.co/EMoI90R4bn
Current policies make it likely that #globalwarming will exceed 1.5°C during the 21st century & make it harder to limit warming below 2°C.
#IPCC's Synthesis Report underscores the urgency of taking more ambitious action. 👉 https://t.co/zAMzd12TGF
NEW
🛢️❤️🔥Comprehensive study confirms there is no space for new oil and gas if the world follows a 1.5C pathway
"new oil and gas is incompatible with 1.5C"
🌄🌬️Redirecting $570bn of new oil & gas investment could "fully fund" wind & solar for 1.5C
1/
https://t.co/GtYVvL9WN2
🚨NEW🚨
On the @bankofengland intervention:
Am told the BoE were responding to a “run dynamic” on pension funds - a wholesale equivalent of the run which destroyed Northern Rock.
Had they not intervened, there would have been mass insolvencies of pension funds by THIS AFTERNOON.
"Critics like to say England is too crowded to enjoy the same benefits as Scotland and many other European countries. But then they would think that – they’re all sharing the same 8% of it.
England is not full, it just feels like it."
I wish everyone on Earth knew how genuinely "off the charts" key planetary trends are right now, and how abnormal and critical it is. Things like atmospheric CO2 fraction, heat extremes on land and ocean, biodiversity loss and extinction rates. All alarms should be going off
Keeping human faeces out of the waterways people use recreationally is a key public health intervention.
Water companies can and should act on sewage and effluent discharge.
We lay out why and how below.
https://t.co/IOsMinkHjA
The Trespasser's Companion is out today! It's a practical guide that tells you how to win greater access to the countryside, by researching, designing and performing your own trespasses of your local area.