World’s central banks financing destruction of the rainforest

Andrew Downie in São Paulo Some of the world’s biggest central banks are unwittingly helping to finance agri-business giants engaged in the destruction of the Brazilian Amazon, according to a report published on Wednesday. The Bank of England, the US Federal Reserve and the European Central Bank are among the institutions that have bought millions of… Read More World’s central banks financing destruction of the rainforest

Climate Crisis and the Age of the Super-Typhoon: Storms batter, flood Puerto Rico, Pakistan, Japan and Shanghai

JUAN COLE A mere category 1 hurricane dumped so much water on Puerto Rico so quickly that one of its rivers has swollen to 25 feet above normal, even more than it rose during Hurricane Maria in 2017, which was a Category 5 hurricane. The island is beset by flash floods, and is getting 16-30 inches… Read More Climate Crisis and the Age of the Super-Typhoon: Storms batter, flood Puerto Rico, Pakistan, Japan and Shanghai

Reasons for (cautious) optimism: the good news on the climate crisis

Adam Morton There is no shortage of things to say about what’s going wrong. The extent of damage caused at 1.2C of global heating since pre-industrial levels is proving greater than was forecast by climate scientists not that long ago. As discussed last week, the disastrous toll of the historic flooding in Pakistan and heatwaves and droughts… Read More Reasons for (cautious) optimism: the good news on the climate crisis

World on brink of five ‘disastrous’ climate tipping points, study finds

The climate crisis has driven the world to the brink of multiple “disastrous” tipping points, according to a major study. It shows five dangerous tipping points may already have been passed due to the 1.1C of global heating caused by humanity to date. These include the collapse of Greenland’s ice cap, eventually producing a huge sea level rise,… Read More World on brink of five ‘disastrous’ climate tipping points, study finds