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As more businesses pledge to reduce greenhouse-gas emissions, the demand for carbon credits could increase by a factor of 15 or more by 2030, making the market worth upward of $50 billion. But the current market is fragmented and complex, with limited pricing data and questionable emissions reductions. Learn how market participants and other constituencies can address these issues to scale up the voluntary carbon market and direct private financing to climate-action projects.
Imperial researchers have found that integrating solar and battery power in refugee camps can drastically reduce fuel expenditure and emissions while also boosting the local economy. The system, funded in part by a grant from the UKRI Global Challenges and Research Fund, could provide reliable access to electricity for more people. Find out how this innovative solution can improve the lives of displaced people.
The fashion industry contributes 4% of global greenhouse-gas emissions, emitting as much as France, Germany, and the UK combined. McKinsey research shows that the industry is on track to overshoot its 1.5-degree pathway to mitigate climate change by almost twofold. However, almost 90% of the measures required for accelerated abatement would cost less than $50 per metric ton of GHG emissions abated. Discover how the entire fashion value chain can drive decarbonization and bring about real and lasting change for the better in the industry.
Scientists at MIT have developed a process that could significantly reduce the cost of using carbon capture to fight global warming by drawing CO2 out of seawater. The process could appeal to small nations whose economies rely on tourism, aquaculture, and fishing industries that could be severely damaged by climate change. Another company, Captura Corp., is also working on a similar process and has received financial support from Saudi Arabian Oil Co. and a $1 million grant from a carbon removal XPRIZE competition.
Did you know that visiting a website can generate up to 10 times the recommended carbon emissions? Learn how businesses are reducing their web carbon footprint through renewable hosting and optimizing web design. Discover the tools that can help you calculate your website's environmental impact and explore the case study of a product design studio that reduced its homepage carbon emissions by 96%.
Carbon dioxide (CO2) is one of the most dangerous greenhouse gases that is causing global warming and climate change. It stays in the atmosphere for much longer than other gases such as methane, which only stays in the atmosphere for about 12 years, while CO2 can remain in the atmosphere for thousands of years. Leading climate scientists such as Dr. James Hansen agree that increasing levels of CO2 in the atmosphere are causing global temperatures to rise, leading to melting glaciers, rising sea levels, and more frequent and intense natural disasters such as hurricanes, droughts, and wildfires. Decarbonization is the process of reducing the carbon footprint of our economy by transitioning from fossil fuels to cleaner, renewable energy sources such as wind and solar. This is crucial in order to prevent dangerous levels of global warming and ensure a sustainable future for generations to come. One promising innovation in the field of decarbonization is carbon capture and storage (CCS), which involves capturing CO2 emissions from power plants and industrial processes and storing them underground. Another is the development of electric vehicles, which produce zero emissions and have the potential to greatly reduce our reliance on fossil fuels. Leading academics in the field, such as Dr. David McCollum, have emphasized the importance of decarbonization in limiting global temperature rise to below 2 degrees Celsius, a threshold beyond which the impacts of climate change would become catastrophic and irreversible.
The world's shift towards electric vehicles to reduce greenhouse gas emissions will require a huge demand for critical metals like lithium, nickel, cobalt, manganese, and platinum. This demand will have economic and supply-chain consequences, according to new research from Cornell University. Discover how countries can manage this demand and promote a circular economy for critical metals.
Brace yourselves for impact! The Great Disruption by Paul Gilding is a wake-up call to the impending crisis of climate change. Forget carbon footprints and fossil fuels, we have reached the end of Economic Growth 1.0, where we lived beyond our planet's means. In the coming decades, we will see loss, suffering and conflict as we pay our planetary overdraft, but also humanity's best qualities: compassion, innovation, resilience and adaptability. Gilding offers a roadmap to fight and win the "One Degree War" to prevent catastrophic warming of the earth and replace our addiction to growth with an ethic of sustainability. Recommended for environmentalists, economists, entrepreneurs and anyone concerned with the future of our planet. The Great Disruption by Paul Gilding is a must-read for those who want to understand the challenges posed by climate change and the opportunities for a sustainable future. Gilding's well-informed polemic offers a stark and unflinching look at the crisis humanity faces, but also a deeply optimistic message. He argues that the coming decades will bring out the best humanity can offer, with new companies reshaping our economy and a new ethic of sustainability replacing our addiction to growth. This book is essential reading for anyone who wants to be part of the solution to the greatest challenge of our time.
Electric vehicles have come a long way since their inception in the late 19th century. While they were once the preferred mode of transportation due to their efficiency and reliability, the high cost of batteries and the discovery of oil reserves led to a decline in their popularity. However, with the growing concern over climate change, electric vehicles are making a comeback. They are now more cost-effective, efficient, and widely available than ever before. Not only do they accelerate faster than gas-powered cars, but they also save drivers money in the long run. With governments around the world focusing on reducing carbon emissions, it's expected that electric vehicles will soon replace gas-powered ones entirely. As a high school student, learning about the history and advancements in electric vehicles can provide valuable insight into the intersection of technology and environmentalism, and inspire you to think about how you can contribute to a sustainable future.
The world is constantly changing, and as high school students, it is essential to be aware of the problems that need solutions. Vinisha Umashankar, a 14-year-old from India, noticed the pollution caused by charcoal usage in the metal irons of street vendors and decided to take action. She designed an ironing cart powered by solar energy, eliminating the use of charcoal, deforestation, air pollution, and respiratory diseases caused by the traditional method. Learning about solar energy and sustainable solutions like Vinisha's can benefit you not only intellectually but practically as well. By exploring these concepts further, you can contribute to creating a better world for yourself and the generations to come.
Climate change is costing us more than we think! A new study by UC Berkeley and Resources for the Future estimates that the social cost of carbon is over three times higher than the current value used by the US federal government. This means that reducing greenhouse gas emissions could bring greater social and economic benefits.
Did you know that there is a number that may hold the key to our planet's survival? It's called the social cost of carbon, and it represents the long-term economic damage caused by each additional ton of carbon dioxide emitted into the atmosphere. While this number may seem obscure, its impact is immense, and understanding it is crucial to addressing the looming threat of climate change. So, what is the social cost of carbon? Put simply, it's the monetary value of the negative impacts that carbon emissions have on society, including damage to human health, property, and the environment. It's calculated based on a wide range of factors, including projected temperature increases, sea level rise, and changes in agricultural productivity. According to some estimates, the social cost of carbon could be as high as $220 per ton by the end of the century. But the social cost of carbon isn't just a theoretical concept – it has real-world implications. For example, it's used to determine the costs and benefits of climate policies, such as carbon taxes and emissions regulations. In fact, some of the world's most influential economists and policymakers have called for the use of the social cost of carbon in decision-making, including former U.S. Treasury Secretary Lawrence Summers and Nobel Memorial Prize laureate Dr. Joseph Stiglitz. One of the biggest challenges in estimating the social cost of carbon is its complex and dynamic nature. For example, the impacts of carbon emissions are felt differently in different parts of the world, and they can have cascading effects that are difficult to predict. Nevertheless, researchers and experts continue to refine their estimates and develop new approaches to understanding the social cost of carbon. Some of the leading academics in this field include Dr. Nicholas Stern, an economist and author of the influential Stern Review on the Economics of Climate Change; Richard Tol, an environmental economist who has written extensively on the social cost of carbon; and William Nordhaus, a Nobel Memorial Prize laureate who has developed some of the most widely cited models for estimating the social cost of carbon. In conclusion, the social cost of carbon may be the most important number you've never heard of, but its significance cannot be overstated. By understanding this concept and its implications, high school students can become informed and engaged citizens who are better equipped to address the urgent challenge of climate change.
Fracking is a technology that extracts natural gas from deep underground. It involves drilling a well and pumping a high-pressure mixture of water and chemicals into the rock to release the gas. Fracking has been a source of controversy due to its impact on the environment, including the potential contamination of drinking water and the release of methane, a potent greenhouse gas. However, natural gas is a cleaner-burning fuel than coal, and fracking has the potential to power us for decades to come. As students, it's important to understand the science and technology behind fracking, as well as the economic and environmental implications. Learning about fracking can help us make informed decisions about our energy use and inspire us to explore alternative, renewable energy sources.
Apple's announcement of using 100% recycled cobalt in its batteries by 2025 highlights the growing concern about the environmental and ethical impacts of mining materials for personal electronics and electric vehicles. However, with the exponential growth of the EV market, there may not be enough recycled materials to meet demand. Explore the challenges and opportunities of battery recycling and the circular economy in this week's newsletter.
As a high school student, you may have wondered whether we will ever run out of oil. The answer is complex and depends on how you look at it. While there may be trillions of barrels of oil in the earth's crust, it's becoming increasingly difficult and costly to extract. However, technologies such as fracking and melting tar sands are allowing us to access more oil. But even if we don't run out of oil, there are still compelling reasons to move away from it, including climate change, air pollution, and geopolitical tensions. Learning about the science and technology behind oil extraction can help you understand the challenges and opportunities facing our world today. It can also inspire you to think about alternative energy sources and solutions to the problems associated with oil.
Have you ever heard of the butterfly effect? It's the idea that small, seemingly insignificant events can have a big impact on the world around us. This concept also applies to our climate. Small changes in weather patterns can lead to big impacts on our planet. One example of this is the El Niño Southern Oscillation (ENSO). ENSO is a natural climate pattern that occurs when the ocean and atmosphere interact in the tropical Pacific. It can cause droughts, floods, and other extreme weather events around the world. In fact, the 1997-1998 El Niño caused $45 billion in damages and over 20,000 deaths. But it's not just natural events that can impact our climate. Human activities like burning fossil fuels and deforestation also contribute to changes in our weather and climate. The emissions from these activities trap heat in the atmosphere, leading to global warming and climate change. One of the leading academics in the field of climate science is Dr. James Hansen. He was one of the first scientists to warn the public about the dangers of climate change back in the 1980s. He has continued to be an advocate for action on climate change and has published numerous papers on the topic. Another important concept in climate science is the feedback loop. A feedback loop occurs when a change in one part of the climate system causes a change in another part of the system, which in turn can cause more changes in the original part. This can lead to amplification or damping of the original change. So what can we do about the butterfly effect on our climate? It starts with small actions we can take in our daily lives, like reducing our carbon footprint and supporting clean energy. But it also requires larger actions from governments and businesses to reduce emissions and invest in renewable energy. Remember, small actions can have a big impact on our climate. So let's work together to make a difference.
The US power grid is the world's largest machine, containing more than 7,300 electricity-generating plants, linked by some 11 million kilometers of powerlines, transformers, and substations. Power grid operators maintain a delicate balance between energy supply and demand, ensuring that their components work in unison and maintain a constant frequency throughout the grid. Power grids contain a mix of carbon-free and carbon-emitting energy sources, and researchers are experimenting with unique storage solutions to make full use of renewable energy sources. By shifting energy use to the times when there's clean electricity to spare, load flexibility can help flatten the peaks in demand, reducing the need for non-renewables. Smart devices like air conditioners, water heaters, and electric vehicle chargers can be implemented to decrease emissions by around 20%. Learning about power grids and renewable energy sources can help students understand the importance of balancing energy supply and demand and inspire them to explore ways to reduce their carbon footprint.
Coffee capsules - environmentally unfriendly or misunderstood? A study by the University of Quebec debunks the notion that coffee pods are wasteful and highlights their potential as a more sustainable way to enjoy your daily cup of joe.
As our understanding of the climate crisis deepens, it becomes increasingly important to explore non-fossil fuel sources of energy. Nuclear power is one such source that has a proven record as a non-fossil energy source, providing a reliable power baseline that can meet energy needs as we transition away from fossil fuels. While nuclear energy is not a solution to climate change, it emits no carbon dioxide or other greenhouse gases once up and running. However, it can be dangerous if safety protocols are not followed, and highly radioactive waste generated by nuclear power plants is challenging to store safely. Despite these challenges, nuclear power remains hard to ignore as a potential energy source. By exploring nuclear energy, students can gain a deeper understanding of the benefits and risks associated with this technology, and contribute to the ongoing conversation around how to meet our energy needs while mitigating the impacts of climate change.
What if we could capture carbon emissions at low cost, using a common polymer found in dinnerware and utensils? Researchers at UC Berkeley and Stanford have developed a method for using melamine to capture carbon dioxide from smokestacks and vehicle exhaust, with efficiency comparable to more expensive materials. This breakthrough could help achieve net-zero carbon emissions by 2050, and the researchers are exploring ways to improve the carbon capture efficiency even further.
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