Climate News Roundup

Climate Change’s $75 Billion Bill – “Total economic losses from natural catastrophes in 2007 rose to $75 billion from $50 billion the year before as extreme weather conditions driven by climate change wreaked havoc across the world, according to Munich Re (other-otc: MURGF – news – people ), the world’s second-largest reinsurer on Thursday…. “The trend in respect of weather extremes shows that climate change is already taking effect and that more such extremes are to be expected in the future,” said Torsten Jeworrek, a member of the reinsurer’s board.”

EPA Is to Reveal Greenhouse Gas PapersWashington Post. The EPA “signaled it is prepared to comply with a congressional request for all documents — including communications with the White House– concerning its decision to block California from imposing limits on greenhouse gases.” Should make for interesting reading.

Report Finds Deforestation Offers Very Little Money Compared To Potential Financial Benefits – ScienceDaily. “What we discovered is that returns for deforestation are generally so paltry that if farmers and other land users were rewarded for the carbon stored in their trees and forests, it is highly likely that a large amount of deforestation and carbon emissions would be prevented.”

Times Square New Year’s Eve ball goes green – MSNBC. “The star of the world-famous holiday extravaganza was revamped this year with 9,576 energy-efficient bulbs that use about the same amount of electricity as 10 toasters.” Who says enviros can’t have a ball?

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