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Climate change is generally portrayed as an environmental and societal threat with entirely negative consequences. However, some sectors of the global economy may actually end up benefiting.
New economic and philosophical research argues that policymakers must consider both the beneficial effects of climate change to climate winners as well as its costs in order to appropriately incentivize actions that are best for society and for the environment.
The study by researchers from Princeton University, University College Cork, and HEC Montréal appears to be the first to develop a systematic, ethical framework for addressing climate winners as well as those harmed using financial transfers.
Le nord-est de l île de Tobago rejoint le Réseau mondial des réserves de biosphère de l UNESCO globalvoices.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalvoices.org Daily Mail and Mail on Sunday newspapers.
The University of Guam will receive $8.6 million in federal funding to build a new lab to help monitor the island’s aquifer and to build more classrooms for its School of Nursing, according to the U.S. Department of Commerce.
The Economic Development Administration grant, which must be locally matched by $1.7 million, is expected to create 243 jobs, according to the Commerce Department.
“The damage caused by Typhoon Mangkhut in 2018 underscored the need for Guam to develop new capacity to protect its aquifer and to address a chronic shortage of health care workers,” said Dennis Alvord, acting assistant Secretary of Commerce for Economic Development. “This EDA investment will provide the University of Guam the additional infrastructure it needs to support the territory’s economic growth and resilience to future disasters through research and training.”
Press Release – Science Media Centre
The Government has signalled its intention to scrap the 30-year-old Resource Management Act (RMA) and replace it with three new pieces of legislation.
Comprising more than 800 pages, the RMA is one of the most complex pieces of law in New Zealand. The three new acts to replace it would be the Natural and Built Environments Act (NBA), the Strategic Planning Act, and the Climate Change Adaptation Act. The announcement follows an independent review of the RMA last year.
The SMC asked experts to comment on this announcement.
Professor Troy Baisden, Environmental Research Institute, University of Waikato, comments: