For global GDP to survive requires both China and the United States to balance growth ambitions with the destructive effects of climate change.

Climate change ‘will inflict substantial damages on US lives’

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After the recent release of the 4th US National Climate Assessment, detailing climate change impact ‘will inflict substantial damages on US lives‘, our new financial impact focused report shows two thirds of all US GDP growth scenarios are predicted to be in serious decline by 2100 as a result of the effects of climate change. […]

Climate change ‘will inflict substantial damages on US lives’ was last modified: December 6th, 2018 by admin

London versus 5 Big Oil Companies: the dates that make the difference to the dollars

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PAL calculates over $30billion could be payable to London, crucially depending on the date when losses were deemed to have started. PAL estimates that about $295million annually is payable to London from 2018. If the law of England permits, we believe Mayor Khan could, like Mayor de Blasio of New York has done, bring a suit […]

London versus 5 Big Oil Companies: the dates that make the difference to the dollars was last modified: February 2nd, 2019 by admin

New York City versus 5 Big Oil Companies: the dates that make the difference to the dollars

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PAL calculates over $6billion could be payable to New York City, crucially depending on the date when losses are deemed to have started. PAL estimates that about $75million annually is payable to New York City from 2018. As part of New York City’s programme to deal with climate change, Mayor de Blasio has overseen a […]

New York City versus 5 Big Oil Companies: the dates that make the difference to the dollars was last modified: February 2nd, 2019 by admin

$23-billion Carbon Loophole at Drax: CO2 emissions disclosure requirements legitimately conceal the true cost of damage to the planet

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This new case study shows how PAL’s Carbon Value at Risk (VaR) metric is used to determine the extent of carbon liability risk – the potential cost of damage attributable to carbon emission related anthropogenic (manmade) climate change. For users of biomass as a fuel source such as Drax power station, it highlights a potential $23bn ‘black hole’ between the expected loss and […]

$23-billion Carbon Loophole at Drax: CO2 emissions disclosure requirements legitimately conceal the true cost of damage to the planet was last modified: February 2nd, 2019 by admin

What is climate change costing your business? $760 Billion or 25% of the FTSE100 is at risk

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Global warming, caused by CO2 emissions released into the atmosphere by burning fossil fuels, currently costs global GDP a staggering $1 trillion in damages p.a. Small wonder the UN, IMF and World Bank have all called for a carbon price: policy makers in government and corporations urgently need this price so they can account for […]

What is climate change costing your business? $760 Billion or 25% of the FTSE100 is at risk was last modified: February 2nd, 2019 by admin

PAL Climate Risk Index (CRIX) August figures now available

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  PAL announces Climate Risk Index (CRIX) data for August 2017 is now available. August CRIX is 1,185.36, up 0.4% on the previous month. The index is down 6.7% on the same period last year, and it’s 1,273 all-time high in September 2016. Published at the beginning of each month, the PAL Climate Risk Index (CRIX) provides […]

PAL Climate Risk Index (CRIX) August figures now available was last modified: August 19th, 2018 by admin

PAL Carbon Loss Index (CLIX) August figures now available

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PAL announces Carbon Loss Index (CLIX) data for August 2017 is now available. August CLIX is valued at $16.47 per tonne CO2, down 1.2% since July. The index is 11.5% down on the same period last year. Published each month, the PAL Carbon Loss Index (CLIX) provides a benchmark for carbon pricing by quantifying the global […]

PAL Carbon Loss Index (CLIX) August figures now available was last modified: August 19th, 2018 by admin

PAL Climate Risk Index (CRIX) July figures now available

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  PAL announces Climate Risk Index (CRIX) data for July 2017 is now available. July CRIX is 1,180.59, up 0.7% on the previous month. The index is 6.3% lower than the same period last year, and is some 7.3% off the 1,273 all-time high back in September 2016. Published at the beginning of each month, […]

PAL Climate Risk Index (CRIX) July figures now available was last modified: August 19th, 2018 by admin

PAL Carbon Loss Index (CLIX) July figures now available

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  PAL announces Carbon Loss Index (CLIX) data for July 2017 is now available. July CLIX is valued at $16.67 per tonne CO2, unchanged since June. The index is 8.5% lower than the same period last year, and is some 40% off the all-time high back in March 2016 when the index broke through $28. […]

PAL Carbon Loss Index (CLIX) July figures now available was last modified: August 19th, 2018 by admin

Insurance companies should collect a carbon levy : Nature News & Comment

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PAL announces that our Director of Research Richard H. Clarke, in conjunction with Dr Anthony J. Webster (University of Oxford) have their article Insurance companies should collect a carbon levy published in Nature News & Comment today.     Insurance companies should collect a carbon levy : Nature News & Comment was last modified: September […]

Insurance companies should collect a carbon levy : Nature News & Comment was last modified: September 13th, 2017 by admin