Major headlines this week included the release of the Climate Change Report from the IPCC (Intergovernmental Panel on Climate Change), controversy surrounding the transportation of hazardous materials over railways, as well as encouraging evidence on the rise of clean technology and its financial viability as an industry.
This week, the IPCC released the fifth (and final report for at least another seven years) summarizing the latest climate science, breaking it down into a digestible format for the world’s governments and policymakers. The takeaway from the report? Guardian reporter Leo Hickman spells it out clearly in 140 characters: “Climate change is real. We are to blame. It will get worse if we fail to act. The solutions are available and affordable. But time is short.”
An interesting read from the New York Times, Jad Mouawad explores the controversy around the railway industry’s transport of hazardous materials – with railroad officials claiming there is no need for tighter regulation and critics pointing to explosions, accidents and fatalities occurring at alarming rates.
Recent critical reports of clean technology have left many wondering if the industry is failing. This article from McKinsey & Company debunks three clean technology myths: 1) Deployment and influence will be marginal, 2) Technologies have underdelivered, 3) The sector depends on regulatory support.
It also offers some encouraging statistics on the growth of cleantech:
- Global wind installations have soared 25% a year since 2006
Global commercial investments in clean energy have more than quadrupled, from nearly $30 billion in 2005 to about $160 billion in 2012
Check out this awesome infographic from The Climate Group on 10 compelling reasons to invest in a clean revolution.