In hottest decade on record, climate change appears nowhere in State of the Union address (USA Today)
- But for the 20% or so of Americans who are passionate about climate change and want government action, Trump's silence was likely a political decision, said Jon Krosnick, who studies American beliefs on climate change at Stanford University in Palo Alto, California.
- While somewhat controversial, overall many environmental groups have embraced the initiative in part because trees store carbon dioxide as they grow, thus lowering greenhouse gasses.
- Currently, U.S. forests are important natural climate solutions that offset roughly 15% of U.S. greenhouse gas emissions, said Phil Duffy, president of Woods Hole Research Center, a research organization in Falmouth, Massachusetts, that studies climate change impacts and solutions.
The World’s Last Rainforest Is Under Threat (The Walrus)
- “When the whole carbon market was started in BC, everybody thought that these tonnes [of offset carbon] were just gonna fly out the door,” explains David Oxley, an administrator at Coastal First Nations.
- That releases a stream of carbon dioxide, which contributes to climate change.
- In its 2008 climate plan, the BC government pledged it would offset all of its own emissions to become the first carbon-neutral jurisdiction in North America.
Direxion Launches Three New ETFs For Long-Term Investors (Benzinga)
- They are not the same as the tactical leveraged product or client.” The Direxion MSCI USA ESG - Leaders vs. Laggards ETF allows investors to get increased long exposure to companies with strong environmental, social, and corporate governance ratings, while simultaneously going short companies with weak ratings.
- The fund utilizes a 150/50 structure in which it gains 150% exposure to the 100 highest-rated ESG companies and short 50% exposure to the 100 lowest-rated companies.
- ESG ratings are taken from MSCI ESG indexes.
Mainstream Environmental Groups Are Finally Becoming More Diverse (Gizmodo)
- For five years, environmental group watchdog Green 2.0 has been putting out an annual report card of sorts on how different environmental nonprofits and foundations are doing when it comes to hiring and promoting people of color and women.
- We’re seeing young people completely transform the environmental movement through climate strikes, lawsuits, and direct action.
- Instead of running to these legacy environmental organizations for opportunities, many of these teens are even creating their own environmental organizations that are in line with their values.
Suncor Energy reports fourth quarter 2019 results (GlobeNewswire)
- The company is committed to its goal to reduce total greenhouse gas (GHG) emissions intensity by 30% by 2030 and continues to invest in low‑carbon innovation aimed at reducing the carbon footprint of our operations and the products we sell.
- This investment approach in renewable energy is expected to generate significant value through sustainable low‑carbon power generation and the retention of generated carbon credits for utilization in Suncor’s upstream business.
Nodal Exchange Sets Daily Trading Record in Power Futures as Well as Records in Environmental Contracts (Business Wire Energy News)
- Nodal continues to expand its environmental offering, in collaboration with IncubEx, with the successful launch of the first physically delivered California Low Carbon Fuel Standard (LCFS) futures and options contracts on January 31, 2020: options on 10,000 LCFS credits have already traded on Nodal representing a notional value of about $2 million per side and 10,000 metric tons of CO2 reduced.