Page 7 - Latest Updates on Climate Change
Foreign firms linked to up to 30% of China's carbon emissions, says study
Foreign companies drove a quarter of China's corporate emissions over two decades, with poorer inland provinces shouldering most of the environmental costs
 "Foreign firms linked to up to 30% of China's carbon emissions, says study")
Extreme heat has cut tropical bird populations by 38% in 70 years: Study
Birds in tropical regions are now experiencing dangerously hot days about ten times more often than they did in the past
 "Extreme heat has cut tropical bird populations by 38% in 70 years: Study")
Scientists challenge flagship study that saw 62% climate hit to GDP
A review of an April Nature paper finds data anomalies from Uzbekistan skewed results, overstating the potential economic impact among 83 countries analysed in the original study
 "Scientists challenge flagship study that saw 62% climate hit to GDP")
July cooler than last 2 yrs, but extreme weather impacts seen: Scientists
Globally, 2024 was the hottest year in recorded history. Julien Nicolas, a senior Copernicus scientist, said it was important to view July's decrease in the context of two anomalous years of warming
 "July cooler than last 2 yrs, but extreme weather impacts seen: Scientists")
Govt may fine carmakers missing fuel efficiency targets under new rules
The government reportedly plans to fine carmakers that do not meet fuel efficiency rules; Bureau of Energy Efficiency (BEE) will check compliance
 "Govt may fine carmakers missing fuel efficiency targets under new rules")
Parliamentary panel pitches for ESG oversight body to combat greenwashing
According to the committee, there is a need for statutory amendments to the Companies Act, 2013, to explicitly enshrine ESG objectives as integral components of Directors' fiduciary duties
 "Parliamentary panel pitches for ESG oversight body to combat greenwashing")
Frequent disasters expose climate risks to infrastructure in South Asia
In 2024 alone, there were 167 disasters in Asia -- including storms, floods, heat waves and earthquakes -- which was the most of any continent
 "Frequent disasters expose climate risks to infrastructure in South Asia")
A Billion Butterflies: This book drops truth bombs on climate change
How an old deal over a supercomputer explains the politics behind climate science today
 "A Billion Butterflies: This book drops truth bombs on climate change")
Pak launches remote sensing satellite from China to tackle climate woes
The Satellite is expected to play a critical role in addressing pressing challenges including floods, landslides, glacier melt and deforestation
 "Pak launches remote sensing satellite from China to tackle climate woes")
Small coalitions could unlock $66 bn a year to fight climate change: Study
Small coalitions of fossil fuel-importing nations can raise $66 billion annually through cooperative levies to help low-income countries cut emissions and fight climate change
 "Small coalitions could unlock $66 bn a year to fight climate change: Study")
Honolulu lawsuit against fossil fuel firms leads climate change legal fight
In 2020, Honolulu sued major oil companies, arguing they knew for nearly half a century that fossil fuel products create greenhouse gas pollution that warms the planet and changes the climate
 "Honolulu lawsuit against fossil fuel firms leads climate change legal fight")
Onion, potato prices went up over 80% in 2024 due to climate change: Study
The study investigated 16 extreme weather-driven food price shocks across 18 countries between 2022 and 2024
 "Onion, potato prices went up over 80% in 2024 due to climate change: Study")
Europe, China agree to take action on climate change during Beijing summit
The two economic juggernauts issued a joint statement on climate change, urging more emission cuts and greater use of green technology
 "Europe, China agree to take action on climate change during Beijing summit")
Thermostat setting: India's move towards energy-efficient AC solutions
We often see airconditioning as a luxury that middle-class families and small businesses cannot afford
 "Thermostat setting: India's move towards energy-efficient AC solutions")
Climate change an 'existential threat', states legally bound to act: ICJ
The ICJ ruled that states must take all necessary steps to reduce greenhouse gas emissions, halt fossil fuel expansion and provide reparations to vulnerable countries suffering climate-related harm
 "Climate change an 'existential threat', states legally bound to act: ICJ")
India needs $2.4 trn to build climate-resilient infra by 2050: World Bank
It recommended implementation of integrated urban flood risk management at national and state levels, with sustainable stormwater management at city level, along with heat mitigation actions
 "India needs $2.4 trn to build climate-resilient infra by 2050: World Bank")
World has only 3 years left to avert worst impact of climate change: Study
As more countries develop their climate plans, it's time for leaders across the globe to face the hard truths of climate science
 "World has only 3 years left to avert worst impact of climate change: Study")
How extreme weather from climate change is spiking your grocery bills
Climate change brings with it higher temperatures and extreme rains, which can lower yields and make the crops that are harvested more expensive
 "How extreme weather from climate change is spiking your grocery bills")
Best of BS Opinion: Why Sebi needs to do more on derivatives trading
Today's opinion page discusses the recent clampdown on Jane Street, government transparency, India's milk market, and the future of Mumbai's real estate because of climate change
 "Best of BS Opinion: Why Sebi needs to do more on derivatives trading")
RBI Dy Guv bats for global unity, tech transfer to fight climate change
Stressing that no country can achieve net-zero in isolation, he said climate change is the quintessential global challenge and so the response