- “EU, Canada, New Zealand, and Developing Countries Vow to Keep Up the Fight” • The EU and scores of developing countries pledged to toughen their commitments to reduce greenhouse gas emissions to enable the world to stay within a 1.5°C rise in global warming. The promise follows increasingly dire scientific warnings. [Bulletin of the Atomic Scientists]
- “US-Based Corporations View Climate Change as Risk to Bottom Line and Reputation” • Environmental non-profit and investment research provider CDP published a report based on responses from 2,000 US companies on climate change. Growing numbers view it as a risk both to profits and reputation among consumers and investors. [CleanTechnica]
- “Potential Largest Offshore Wind Farm in the World Auctioned off for Record Price” • The rights to establish wind farms off the Massachusetts coast sold for a record-setting $405 million total, according to federal officials. The area auctioned could generate up to 4.1 GW, enough electricity to potentially power nearly 1.5 million homes. [CNN]
- “UN Climate Talks Extended Due to Sticking Points in Poland” • Climate talks in Poland have continued through the night as negotiators try to agree on the next steps forward for the Paris climate agreement. Thousands of delegates worked well past the official deadline for reaching a deal but key some sticking points remain. [BBC]
- “More Than 1,000 Institutions Are Now Divesting from Fossil Fuels” • The global divestment movement has celebrated an important milestone this week as it now boasts more than 1,000 institutions around the world worth almost $8 trillion which have committed to divesting from fossil fuels, according to climate movement 350.org. [CleanTechnica]
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