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The economic impact of climate change could play havoc with the world economy, according to an LSE study. Photograph: Carlo Allegri/Reuters

CLICK HERE - STUDY - ‘Climate value at risk’ of global financial assets

Losses could soar to $24tn and wreck the global economy in worst case scenario, first economic modelling estimate suggests

theguardian.com - by Damian Carrington - April 4, 2016

Climate change could cut the value of the world’s financial assets by $2.5tn (£1.7tn), according to the first estimate from economic modelling.

In the worst case scenarios, often used by regulators to check the financial health of companies and economies, the losses could soar to $24tn, or 17% of the world’s assets, and wreck the global economy.

The research also showed the financial sense in taking action to keep climate change under the 2C danger limit agreed by the world’s nations. In this scenario, the value of financial assets would fall by $315bn less, even when the costs of cutting emissions are included.

Image: Anhydrous ammonia plant, ca. 1954. ROBERT W. KELLEY/TIME & LIFE PICTURES/GETTY IMAGES

wired.com - Sarah Zhang - May 16th 2016

Of all the elements that make up Earth’s atmosphere, nitrogen is by far the most abundant. It is also one of the most inert. Nothing happens when you breathe it in, swallow it, or let it suffuse your skin.

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The boreal region stretches across the Northern Hemisphere through Alaska, Canada, Scandinavia and Russia. Boreal forests are increasingly affected by fire and climate change.

Sources: Natural Resources Canada; Alberta Agriculture and Forestry; U.S. Geological Survey; University of Maryland - By The New York Times

Scientists say the near-destruction of Fort McMurray last week by a wildfire is the latest indication that the vital boreal forest is at risk from climate change.

nytimes.com - by JUSTIN GILLIS and HENRY FOUNTAIN - May 10, 2016

Scientists have been warning for decades that climate change is a threat to the immense tracts of forest that ring the Northern Hemisphere, with rising temperatures, drying trees and earlier melting of snow contributing to a growing number of wildfires.

The near-destruction of a Canadian city last week by a fire that sent almost 90,000 people fleeing for their lives is grim proof that the threat to these vast stands of spruce and other resinous trees, collectively known as the boreal forest, is real. And scientists say a large-scale loss of the forest could have profound consequences for efforts to limit the damage from climate change.

Wind turbines provide energy for the residents of Samso Island, a Danish island that gets all its power from renewable sources. PHOTOGRAPH BY ANDREW HENDERSON, NATIONAL GEOGRAPHIC CREATIVE

Low oil prices are rattling stock markets, but investors remain bullish on solar, wind, and other clean energy. Here are three reasons why.

nationalgeographic.com - by Wendy Koch - January 22, 2016

The prolonged plunge in fossil fuel prices is rippling across the globe. Yet it’s barely put a dent in the booming market for clean energy, heralding perhaps a new era for wind and solar.

Oil prices of less than $30 a barrel—the lowest in 12 years—have shaken stock markets and ravaged the budgets of major producers such as Russia and Saudi Arabia. Along with falling gas prices, they’ve slashed the profits of fossil fuel companies, which are delaying dozens of billion-dollar projects and laying off thousands of workers. . . .

. . . But solar, wind, and other clean energy? They’re expanding.

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