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The world’s corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies. The “corporate carbon damages” from those publicly owned companies analyzed — a fraction of all the corporations — […]
The world’s corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies. The “corporate carbon damages” from those publicly owned companies analyzed — a fraction of all the corporations — probably runs in the trillions of dollars globally and in the hundreds of billions for American firms, one of the study authors estimated in figures that were not part of the published research.
The Sydney Climate Coalition organised a well-attended full-day conference to discuss how to build a strong enough climate movement to force Labor to act. Jim McIlroy reports.
Temperatures are soaring around the world, beating decades-old records and even venturing into unprecedented waters. Devastating heat waves are gripping much of the northern hemisphere, a perfect storm of the return of El Niño piling onto already high temperatures triggered by climate change. And climate experts are watching, horrified that almost all of their predictions […]
China's world-leading emissions totaled 11.4 billion tons of carbon dioxide in 2022, according to the Global Carbon Project, a decline of less than 1 percent from 2021 levels.