"March 23 News: Climate Change Could Cost Pakistan $14 Billion A Year, 5% Of GDP"
Other stories below: Army invests $7 billion in renewable energy; Climate Change: The End of Sierra Skiing?
Climate change could cost the economy of Pakistan up to $14 billion each year for natural disasters and other losses, which is almost 5 percent of the country’s gross domestic product, this was stated by Former Federal State Minister for Environment Malik Amin Aslam.
He was addressing a seminar titled ‘Outcomes of Post Durban Climate Change Negotiations’ organised by Centre of Excellence, Environmental Economics and Climate Change, Pakistan Institute of Development Economics (PIDE) here on Thursday to discuss the implications of these negotiations on Pakistan as climate change is directly impacting the economy of Pakistan….
Talking about its implication on Pakistan he said that Pakistan is a very low emitter but one of the worst victims of climate change, as according to Germanwatch places Pakistan as ‘most affected’ for 2010 and in top 10 for 1990-2010.
Related Post: Juan Cole: The media’s failure to cover “the great Pakistani deluge” is “itself a security threat” to America
If worldwide carbon emissions continue at the present rate, rising temperatures could cause the Sierra Nevada to lose 80 percent of its winter snowpack in just 40 years, a U.S. Geological Survey scientist said Thursday.
The decrease in snowfall was among several grim impacts that climate change could have on the Bay Area if current carbon emissions go unabated, USGS climate change coordinator Tom Suchanek said in a lecture called “Projected Climate Change Impacts in California.” Suchanek spoke at the Menlo Park Science Center, the agency flagship research center for the western U.S.
The U.S. Army plans to invest more than $7 billion in renewable-energy sources, wind, solar, biomass and geothermal, and has released a draft request for proposal, or RFP, that could allow multiple projects to begin nationwide.
Speaking at a media roundtable March 15, Katherine Hammack, assistant secretary of the Army for Installations, Energy & Environment, said the cumulative investment will help the Army reach its goal of having 25 percent of the Army’s energy come from renewable sources by 2025. She began the roundtable by restating the Army’s “net-zero strategy.”
Activity in Europe’s offshore wind sector continues to increase, as European government and industry continue to follow through on plans to make the transition from fossil fuels to renewable energy. Offshore wind installations are a big part of Germany’s groundbreaking plans to phase out nuclear power, while world wind energy leader Denmark intends to increase its already high percentage of wind power by tapping more offshore wind energy.Wind turbine costs have been declining and the energy conversion efficiency of wind turbines has been increasing while fossil fuel costs are rising. Nonetheless, high up-front capital costs, the challenges of deploying and maintaining wind turbines in harsh offshore environments and the cost, time and difficulties of constructing and maintaining offshore-to-grid connections has lead to criticism and questioning of Germany and other European countries’ historic and ambitious offshore wind energy targets.
A new, lower price schedule for renewable energy in Ontario may stall some proposed wind power projects, says an industry group.
But most cheered the new rules and prices for green power unveiled Thursday, which will give priority to projects that can show they have backing from community groups, aboriginal communities or municipal councils.
Energy minister Chris Bentley stopped short of giving local councils the power to veto renewable power developments, arguing that would lead to a patchwork system across the province.