Dr. Jim Yong Kim, President, World Bank. Ms Christine Lagarde, Managing Director of the International Monetary Fund. Ms Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change. Dear Dr Kim, Ms Lagarde and Ms Figueres. The independent, scientifically robust carbon price that you all call for has been devised. The Price of […]
To incentivise the movement from “dirty” carbon-intensive fuels to “clean” low-carbon fuels requires a very strong price signal, whatever pricing system is implemented. That pricing system needs to link the carbon prices to units of energy and not units of carbon – so taxing even the solar energy derived from sunshine, as well as all […]
“China are the Good Guys!” says Richard Clarke in Chapter 5 of his book ‘The Price of Carbon’, out now exclusively on predictability.ltd.uk. China’s burgeoning renewables exports bask in South African sunshine, while emissions initiatives remain stuck in global mud bath. China has been shrewd in developing renewables. It has created new manufacturing industries at […]
Chapter 3 of the groundbreaking new book ‘The Price of Carbon‘ is out now. This chapter explores the complex link between climate change and natural disasters – cyclones, floods, and droughts. Even a small influence from climate change today may have exponential impacts as the world warms. Is there a signal in the noise? Continue reading … […]
Today sees the company launch of Predict Ability Ltd. On our website we are serialising the groundbreaking new book ‘The Price of Carbon‘, by Richard H. Clarke. Chapter One introduces the concept of feedback, of properly connecting emissions with damage. Feedback is hardly found anywhere to be found in climate change policy, yet in science, in business and in […]
UN Climate Change Chief, Christiana Figueres, was recently reported as saying that a global carbon price is needed. Christine Lagarde, Head of the IMF, has also repeatedly called for carbon pricing, to encourage green investment. Predict Ability Ltd (PAL) has exactly such a global carbon pricing solution, here and now. It is independent, scientifically robust […]
An Insurance-Led Response to Climate Change Anthony J. Webster, Richard H. Clarke Climate change is widely expected to increase weather related damage and the insurance claims that result from it. This has the undesirable consequence of increasing insurance costs, in a way that is independent of a customer’s contribution to the causes of climate change. […]