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What is COP 21 and why should I pay attention?

COP 21 is the 21st Conference of the Parties, the annual meeting of all countries wanting to take action on climate change, also referred to as the United Nations Climate Change Conference.  This will be the 21st meeting since the 1992 United Nations Framework Convention on Climate Change (UNFCCC), and the 11th since the 1997 Kyoto agreement. COP 21 will be held in Paris in December this year.

Stop Press – Long lived CO2 emissions!

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 current and future energy sources – must be part of that mix.

Temperature Anomaly: what is it, how is it used?

A temperature anomaly is the difference between the current temperature and the long term average.  A positive temperature anomaly indicates that it is warmer that the long term average.  Likewise a negative anomaly indicates that it is cooler than the long term average. Temperature anomaly is dependent on the period being used.  The average temperature over the last 10 years may differ from the last 100 years, and would give us different anomalies for today.  For example, the annual global mean surface temperature published by NOAA (National Oceanic & Atmospheric Administration) is 13.9 degrees celsius.  This is based on average temperatures between the years 1901…

Stop Press – China are the Good Guys

“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 home and abroad and with a vast output comes price competitiveness.  As solar panels become cheaper to the point of ‘grid parity’ – where a kilowatt-hour of solar power is the same as electricity generated from gas – China is able to penetrate developed economies…

Twenty Billionth Dollar | Carbon Damage 2015

PAL estimated natural disaster damages attributable to climate change for 2015 alone were   $41,940,101,558   This was based on a carbon global spot price of $31.78 /tCO2 and estimated carbon emissions for 2015 of 37,612,665,419 tCO2.

Chapter 3 ‘The Price of Carbon’ out now!

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 …

‘The Price of Carbon’ – serialisation exclusive

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 Nature feedback is all pervasive. Continue reading …

Global carbon pricing system a reality

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 and future-proof, across multiple energy types. “If every delegate at COP21 has the PALcarbon app on their smart phone, they will realise that the solution to Christiana Figueres’ call to arms for an independent, global carbon pricing system is actually available today,” says Dr Bruce…

New Publication “An Insurance-Led Response to Climate Change” now available

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. This is unfortunate because insurance provides a financial mechanism that mitigates some of the consequences of climate change, allowing damage from increasingly frequent events to be repaired.

Posts | Wall was last modified: February 14th, 2018 by admin