Newsbytes: Time is running out to save the Paris Climate Accord

Newsbytes from around the web (h/ to Climate Dispatch)

Time is running out to save the Paris Agreement, UN climate experts warned Tuesday at a key Bangkok meeting, as rich nations were accused of shirking their responsibility for environmental damage. If nations cannot reach an agreement by a December summit in Poland—known as COP24—the Paris Agreement, carved out in 2015, will be at risk. Money is at the heart of the issue. —AFP, 4 September 2018

Coal is clinging to the top spot in power generation, accounting for as much of the world’s electricity as it did two decades ago, despite heightened concerns about climate change and a slowdown in financing for projects involving the dirtiest of fossil fuels. The rebound shows coal’s resilience, especially in emerging regions, and recent events suggest the market for black combustible rock will remain strong. —Neanda Salvaterra, The Wall Street Journal, 3 September 2018

Indonesia’s coal industry is enjoying a resurgence, driven both by rising demand from China—the world’s biggest consumer of the fossil fuel—and a push by the government in Jakarta to build more coal-fired power plants. Demand for energy in China and Indonesia continues to drive the resurgence of the latter’s coal industry, setting back efforts in both countries to shift to a greater share of renewable energy. —Eco-Business, 31 May 2018 

In 2030, when countries have to take stock of their commitments under the Paris climate agreement, India will double its carbon dioxide emissions from its 2012 levels, but will still be within its intensity pledge, according to a new study by experts from the New Delhi-based Centre for Policy Research and elsewhere. —India Climate Dialogue, 21 August 2018

Local UK council pension funds have more than £9bn invested in companies engaged in fracking, despite a fierce debate over shale gas exploration. —Financial Times, 4 September 2018

With one surprise court ruling, Canadian Prime Minister Justin Trudeau faces the risk of contesting next year’s election with key pieces of his economic and environmental plans in ruins. —Reuters, 31 August 2018

via Watts Up With That?

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September 4, 2018 at 11:29AM

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