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Coal Crash: How Pension Funds Face Huge Risk From Climate Change

           

Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

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Google Launches Sidewalk Labs; Aims to Help Fix Cities

               

Google co-founder and CEO Larry Page speaks during the keynote presentation at Google I/O 2013 in San Francisco.(Photo: Jeff Chiu, AP)

Google (GOOG) is starting a new, independent urban innovation company called Sidewalk Labs that aims to improve cities, according to a post on Google+ by CEO Larry Page. The Street

usatoday.com - by Jessica Guynn - June 11, 2015

SAN FRANCISCO — Google, famous for its ambitious projects to build self-driving cars and high-altitude balloons that beam the Internet to earth, is now taking aim at fixing another major problem: city life.

The new initiative, called Sidewalk Labs, will use technology and innovation in an effort to improve urban life at a time when the U.S. population is gravitating to cities, according to Google CEO Larry Page.

Based in New York, it will be run by Dan Doctoroff, a former deputy mayor of New York City who will combine his experience in managing cities with funding from Google.

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Amid Record-Low Snowpack, California Orders Mandatory Curbs on Water Use

California Gov. Jerry Brown (D) announced a sweeping executive order that imposes mandatory water restrictions as the state copes with a historic drought and water shortage. (AP)

washingtonpost.com - by Reid Wilson - April 1, 2015

California Gov. Jerry Brown (D) announced strict new curbs on state water use Wednesday to combat a worsening drought affecting more than 50 million people in the western United States.

The executive order imposes mandatory water reductions across California to reduce water usage by 25 percent.

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NASA: The US Faces a "Mega-Drought" Not Seen in 1,000 Years

submitted by Albert Gomez

The long and severe drought in the U.S. Southwest pales in comparison with what’s coming: a “megadrought” that will grip that region and the central Plains later this century and probably stay there for decades, a new study says.

Thirty-five years from now, if the current pace of climate change continues unabated, those areas of the country will experience a weather shift that will linger for as long as three decades, according to the study, released Thursday.

Researchers from NASA and Cornell and Columbia universities warned of major water shortages and conditions that dry out vegetation, which can lead to monster wildfires in southern Arizona and parts of California.

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CLICK HERE - NASA - Study Finds Carbon Emissions Could Dramatically Increase Risk of U.S. Megadroughts

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Analysis: Alarmed by Ebola, Public Isn’t Calmed by ‘Experts Say’

NEW YORK TIMES                        NOV. 1, 2014
By
When public health leaders and government officials make the case against isolating more people returning from the Ebolahot zones in West Africa, or against imposing more travel restrictions from that region, time and again they cite science and experts. It isn’t working very well.

Many support the efforts of Gov. Paul R. LePage of Maine to isolate a nurse who treated Ebola patients in West Africa. Credit Craig Dilger for The New York Times

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California Hit With Earthquake Of 6.0 Magnitude

      

huffingtonpost.com - Associated Press - by Ellen Knickmeyer - August 24, 2014

NAPA, Calif. (AP) — A large earthquake rolled through California's northern Bay Area early Sunday, damaging some buildings, igniting fires, knocking out power to tens of thousands and sending residents running out of their homes in the darkness.

Two major injuries have been reported, and hospitals have been very busy with moderate injuries, Napa Division Fire Chief John Callanan said. The 6.0-magnitude quake caused six significant fires, including at four mobile homes, Napa Division Fire Chief Darren Drake said.

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(UPDATES - SEE RELATED ARTICLE HERE)

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California to Impose Fines Up to $500 a Day for Wasting Water

      

A jogger runs by a sprinkler that is partially watering a sidewalk in Golden Gate Park on July 15, 2014 in San Francisco, California. Justin Sullivan, Getty Images

cbsnews.com - AP - July 16, 2014

SACRAMENTO, Calif. -- Reservoirs are running dry, the Capitol's lawn has turned brown, and farmers have left hundreds of thousands of acres unplanted.

Even so, many Californians aren't taking the drought seriously. State water regulators are trying to change that by imposing fines up to $500 a day for wasting water.

The State Water Resources Control Board acted Tuesday amid warnings that conditions could get worse if it doesn't rain this winter.

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California’s Cap-and-Trade a Versatile Tool for Environmental Policies

environmentalleader.com - by Erica Morehouse - June 23, 2014

Governor Brown signed a budget last week that lays out for the first time how to invest the millions from California’s landmark cap-and-trade program ($734 million so far). California has shown another way that cap-and-trade is like the Swiss army knife of environmental policies: a versatile tool known for its usefulness and adaptability.

A Multi-faceted Investment Portfolio

California will invest $850 million over the next year to reduce dangerous climate pollution, a portfolio of investments that will benefit almost every part of California’s economy, going to low-carbon and public transportation, weatherization and energy efficient buildings, water efficiency, waste diversion, and natural resources like urban forests.

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Rim Fire - Fire Tracker


View Rim Fire in a larger map

http://projects.scpr.org/firetracker/rim-fire/

Fire Tracker, KPCC's tool for following & researching California wildfires, contains fire information displayed by the California Department of Forestry and Fire Protection -- also known as CalFire -- which protects more than 31 million acres of California's privately-owned wildlands and provides emergency services in 36 of the State's 58 counties.

About the data

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Enormous Fire Threatens Water Supply for San Francisco and Parts of East Bay

                                                 (TO ENLARGE - CLICK ON MAP IMAGE BELOW)

       

Hetch Hetchy Aqueduct

eastbayexpress.com - by Robert Gammon - August 23, 2013

The massive Rim Fire is closing in on Hetch Hetchy Reservoir in Yosemite National Park and is threatening the main water supply for the City of San Francisco and numerous other Bay Area communities. As of this morning, the fast-moving blaze was about 2.5 miles from Hetch Hetchy, according to a map created by the US Forest Service. If the enormous fire reaches the tinder-dry forests surrounding the reservoir, it could pollute the freshwater with huge amounts of ash. That’s bad news for San Franciscans and other communities that depend on Hetch Hetchy because the reservoir is not equipped with a water-filtration system.

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