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Where the 2020 Democrats stand on climate change

  • From no drilling to carbon pricing and going bigger than Paris, here’s what Warren, Buttigieg, Harris and others are proposing ahead of first-ever ‘climate crisis’ forum Should the U.S. stop selling fossil fuels on the global market just as it nears toppling Saudi Arabia as the world’s leading oil exporter?
  • The roughly 20-strong field looking to beat President Donald Trump next year mostly aligns in its plans to rejoin a Paris Climate Agreement that includes U.S. allies, and most candidates want to end new fossil-fuel leasing on public lands.
  • Ten candidates, many of whom have issued or updated their climate-change proposals in recent weeks and days, will participate in one-on-one interviews on CNN Wednesday evening across seven hours of programming.

Where Sanders, Warren, Buttigieg and the leading 2020 Democrats stand on climate change

  • From the Green New Deal and the Blue New Deal to abandoning drilling and pricing carbon The field of Democrats looking to beat President Donald Trump this year — including the six on the debate stage Tuesday night — are aligned in their pledge to rejoin the Paris Climate agreement.
  • Climate could feature among the questions lobbed at Sanders of Vermont and Warren of Massachusetts, former Vice President Joe Biden, former mayor of South Bend, Ind., Pete Buttigieg, Sen. Amy Klobuchar of Minnesota and Tom Steyer, a billionaire executive and activist.
  • “One area where candidates overwhelmingly agree [on climate] is ending new leases for fossil-fuel development on federal lands.

CNN Touts Climate Alarmists Blaming Skeptics for Wildfires

  • After recalling some of the catastrophic damage inflicted so far by the wildfires, Tapper noted that, "in Sydney, Australia, 30,000 people marching in a climate change protest."
  • Ripley suggested that it is possible for government action to effect changes in climate as he began his report: WILL RIPLEY: Fighting for change, tens of thousands spilled onto the streets of Sydney, Australians living a fire nightmare, calling on the government to wake up.
  • RIPLEY: Unprecedented bushfires, some of the worst on record, have protesters in nine Australian cities demanding drastic action, demanding their leaders do more to tackle climate change before it's too late.

Australians Are Ready to Break Out of the Cycle of Climate Change Denial

  • Argument: Australians Are Ready to Break Out of the Cycle of Climate Change Denial Australians Are Ready to Break Out of the ... Australia, the fossil-fueled paradise at the bottom of the world, is too easily misunderstood.
  • As Robinson Meyer wrote for the Atlantic, “maybe Australia will find itself stuck in the climate spiral, clinging ever more tightly to coal as its towns and cities choke on the ash of a burning world.” There is not a lot of hope that Australia might be prodded into kicking its coal habit after its first terrifying trip to the emergency room.
  • Key figures such as Terry McCrann, Tim Blair, and Miranda Devine churn out high-frequency, low-research blog posts tuned to each day’s target, whether it’s a climate policy, a piece of research, or an individual scientist or advocate.

BlackRock’s Fink pressed to take action over words in dumping fossil fuels

  • Annual letter ‘with teeth’ promotes sustainability but advocates want to see support of climate-related shareholder proposals, fossil-free options in 401(k) funds BlackRock’s Larry Fink may believe that greater demand for sustainable investing leaves Wall Street “on the edge of a fundamental reshaping of finance,” but advocates say it’s a hollow prediction absent bigger moves by the world’s largest fund firm to unwind its fossil-fuel exposure.
  • Fink’s latest rhetoric dials up earlier climate commentary from the weighty Wall Street influencer and accompanies a BlackRock move to leave coal behind.
  • Read: Why BlackRock’s Larry Fink warns climate change is on the edge of reshaping finance “In the near future — and sooner than most anticipate — there will be a significant reallocation of capital” driven by climate factors, said Fink, the founder of the firm that now manages some $6.8 trillion in assets.

What Jason Kenney’s War Room Is Costing Alberta

  • It’s because central banks, insurance companies, and investment firms are all increasingly aware that global action on climate change will reduce the value of billions of dollars of fossil fuel assets like coal deposits and oil-and-gas reserves, and they’re working to ensure they’re not exposed to those losses.
  • Carney, who recently took on a new job as the United Nations’ special envoy on climate action and finance, is hardly alone in making these sorts of predictions.
  • That’s why the CDPQ, which, according to Bloomberg, had 16.4 percent of its assets in carbon-intensive sectors like energy and materials (including major stakes in companies like Enbridge, Cenovus, and Suncor) at the end of 2016, pledged in 2017 to increase its investment in low-carbon assets like renewable energy, battery technologies, and public transportation by 50 percent by 2020—and subsequently increased that target to 80 percent.

US stands firm on tariffs ahead of China trade deal signing

  • Britain’s weak inflation is likely to spur the Bank of England to cut interest rates this month, says Garry Young of economic thinktank NIESR.
  • Brende replies that it is crucial that China is a part of the global fight against climate.
  • Børge Brende, president of the World Economic Forum, warns that policymakers only have 10 years to address the climate emergency - otherwise they’ll just be “moving deckchairs on the Titanic”.

Edition for 15 January 2020

The Climate Sentinel is an AI-powered news assistant for ESG investors and those concerned about climate change, corporate social responsibility, and related topics. Learn more.

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