"Climate change has already been blamed for deadly bush fires in Australia, withering coral reefs, rising sea levels and ever more cataclysmic storms. Could it also cause the next financial crisis?"
Economy & Business
An overflow crowd of environmental reporters and others gathered in Washington, D.C., last week at the Society of Environmental Journalists’ annual look-ahead on environment and energy news to hear what speakers like the former United Nations head and top journalists see as the news to watch for. Find out what one story dominated. Plus, watch video of the full program.
As part of our “2020 Journalists’ Guide to Energy & Environment” to help reporters track the stories coming their way this year, SEJournal Online looks ahead to major developments on the beat — from Washington, D.C. to the Arctic, from public lands to fossil fuels. We also explore pending news on transportation, agriculture, nukes, federal funding, freedom of information and even algae. Also under our gaze, key facets of the climate story. Read our overview analysis and then dive deep into the full offering of special Backgrounders, TipSheets and WatchDogs.
"Even before catastrophic fires broke out in Australia in late fall, climate change was at the top of the list of priorities at the 50th anniversary of the World Economic Forum in Davos, Switzerland, this week."
"Germany announced on Thursday that it would spend $44.5 billion to quit coal — but not for another 18 years, by 2038."
"Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits."
"David Bernhardt, the man in charge of the nation’s public lands, has come through the revolving door of Washington, D.C. lobbying and back out again. Before becoming secretary of the Department of the Interior, he collected nearly $5 million for his firm Brownstein Hyatt Farber Schreck as a lobbyist and lawyer from energy clients. Since he took the new post in July 2017, Bernhardt’s former clients have spent a lot of money trying to influence the Department of Interior."
"The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term concerns for the first time on record."
"Laurence D. Fink, the founder and chief executive of BlackRock, announced Tuesday that his firm would make investment decisions with environmental sustainability as a core goal. BlackRock is the world’s largest asset manager with nearly $7 trillion in investments, and this move will fundamentally shift its investing policy — and could reshape how corporate America does business ... ."