from Stories I’d like to see:
This column by Martin Wolf in the Financial Times last week is a story I’m glad I saw. It prompted me to think about how to make reporting on a subject I usually find boring a lot more compelling.
from Unstructured Finance:
Alexander Soros, the son of legendary investor George Soros, said the death of a Peruvian environmental activist fighting to save the Amazon rainforest moved him to act.
from The Great Debate UK:
By Julian Hunt, Visiting Professor at Delft University of Technology, a member of the UK House of Lords, and former Director General of the UK Meteorological Office. The opinions expressed are his own.
from The Great Debate:
There has been some rare good news about the environment recently. One was hard to miss. On Sunday, roughly 300,000 people swelled the streets of midtown Manhattan in the People’s Climate March. It was not just the largest climate protest in history; it was the biggest U.S. political demonstration of any kind in more than a decade.
from The Human Impact:
A landslide in western India that has killed more than 100 people and left scores missing may have been a man-made disaster caused by deforestation to make way for farming, experts say.
from The Great Debate:
Virtually every big rainstorm in New York now seems to be accompanied by a flash-flood alert sent to cellphones. And scientists recently reported that a vast section of Antarctica’s ice sheet, now melting, might bring on as much as a 10-foot rise in the world’s sea levels in the coming decades.
from Reihan Salam:
By all accounts, President Obama is deeply interested in his legacy. And though relatively few American voters see dealing with climate change as a top priority for the federal government, the president famously sees it as the most important issue he can address in his second term. Having failed to shepherd climate change legislation through Congress in 2009, when Democrats had large majorities in the Senate and the House, the Obama administration has shifted to using new regulations to achieve its environmental policy goals. This week, the Environmental Protection Agency introduced its Clean Power Plant Proposed Rule, a sweeping initiative that aims to reduce carbon emissions from coal-fired power plants.
Want to sign up for the Counterparties email? Click here.
This week, the EPA unveiled its new rule to cut carbon emissions by 30% by 2030 (that is, 30% from 2005 levels). Most of those cuts will come from burning less coal, which is currently the source of about 38% of the United States’ electricity.