Edition for 26 March 2020

Top Stories

North America lagging Europe on ESG engagement, says Aberdeen Standard survey (Private Equity Wire)

  • ESG engagement by European firms is "strong" while their North American counterparts are "lagging behind", according to a new survey by Aberdeen Standard Investments.
  • Respondents of the survey were given an overall ESG rating according to their responses.
  • ESG remains an important consideration for GPs in Europe, with a consistent number of respondents achieving a Green rating in 2019, the survey showed.

Coronavirus may get America to pass its biggest climate bill yet (Quartz)

  • The important stories of innovation across the continent’s wide-ranging economies Covering the future of the UK and the global economy Management news, advice, and ideas for business leaders Action on climate change in Washington, DC happens in tiny, arcane steps.
  • Credits for carbon capture in tax code section 45Q.
  • But for a clean energy transition that truly safeguards the climate, the country needs moonshot legislation—a bill that would authorize billions of dollars to redirect the economy away from fossil fuels and toward a low-carbon future.

The Energy 202: Climate movement moves online during coronavirus pandemic (Washington Post)

  • With the covid-19 pandemic forcing Americans to stay indoors, the climate movement is moving online.
  • Climate activists are now adjusting to the new reality where most of their activism, at least in the near term, must take place online to forestall the spread of the virus.
  • Young and Internet-savvy activists at the heart of the climate movement say they’re ready for the moment.

The Analogy Between Covid-19 and Climate Change Is Eerily Precise (Wired)

  • As I suggested last week, it looked as though this process were unfolding just as it had for climate change—but at 1,000x speed.
  • “Because it’s not the economy that’s dying, it’s the country.” The parallel to climate change, in other words, was even tighter than I realized.
  • “We went through the stages of climate change denial in the matter of a week,” said Gordon Pennycook, a psychologist at the University of Regina in Saskatchewan, Canada, who studies how misinformation spreads.

Alaska Automated Its Weather Stations and Created a Snow Data Disaster (Gizmodo)

  • By October of last year, said University of Alaska Fairbanks climate specialist Rick Thoman, rural offices in Kotzebue, Bethel, McGrath, Cold Bay, Kodiak, and Yakutat, were too understaffed to measure snowfall or snow depth.
  • This has already compromised climate records in one of the fastest-warming places on Earth and could make it harder for some Alaskan communities to get aid for severe weather events.
  • Now, the SAON forms the backbone of Alaskan weather and climate observations.

GHGSat Supplying Methane Emissions Data With Bloomberg (Newswire.com)

  • Methane emissions risk index for the Permian Basin now available via Bloomberg Enterprise Access Point.
  • Today, Montreal-based GHGSat announced that it has begun supplying methane emissions risk predictions data for the Permian Basin with Bloomberg on a weekly basis.
  • GHGSat methane emissions risk predictions have been integrated into Bloomberg’s offerings and are now available via the Bloomberg Enterprise Access Point platform.
  • The methane emissions risk predictions provided to Bloomberg are delivered as a risk index on a grid averaging 2km by 2km over the Permian Basin.

Huge Win for Standing Rock and the National Environmental Policy Act (NRDC)

  • A federal court orders the U.S. Army Corps of Engineers to write a full environmental impact statement for the Dakota Access Pipeline.
  • Today, in a major win against the Dakota Access Pipeline (DAPL), Judge James Boasberg of the U.S. District Court for the District of Columbia determined that the pipeline remains “highly controversial” under the National Environmental Policy Act (NEPA), found that the U.S. Army Corps of Engineers had not “adequately discharged its duties under that statue,” and ordered the Army Corps to prepare a full Environmental Impact Statement (EIS).
  • The tribes attended a court hearing on March 18 to determine whether additional studies on the pipeline’s environmental impacts were adequate under NEPA.

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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