PAL drought

Cost of carbon update for the first half of 2016: Increase in extreme weather drives up the cost of carbon emissions

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The cost of carbon – losses arising from extreme weather events attributable to cumulative causal carbon emission – for 2015 was $12.27 per tonne of carbon dioxide (previous year $12.67, down 3%). For the first half of 2016, the cost has increased to $12.44 on the back of extreme weather events reported by Munich Re […]

Cost of carbon update for the first half of 2016: Increase in extreme weather drives up the cost of carbon emissions was last modified: August 8th, 2017 by Edward Coe

A financial comparison of climate change impacts at 1.5C and 2C

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An article caught my eye recently: Scientists compare climate change impacts at 1.5C and 2C by Carbon Brief. We have some insight into the interconnectedness of extreme weather events and climate change, so we decided to take a look at the effect a 1.5°C at 2°C world might have on the expected financial loss and damage arising from extreme weather […]

A financial comparison of climate change impacts at 1.5C and 2C was last modified: September 3rd, 2017 by Edward Coe