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Coal and gas exports expected to remain roughly at current level until at least 2035 with 4.5% of emissions linked to Australia, report finds

Scientists now fear that there is little more than five years left to prevent irreversible climate damage and stark changes to the Earth’s weather patterns from global carbon emissions, Minister for Climate Eamon Ryan has warned.

Global projections of macroeconomic climate-change damages typically consider impacts from average annual and national temperatures over long time horizons1–6. Here we use recent empirical findings from more than 1,600 regions worldwide over the past 40 years to project sub-national damages from temperature and precipitation, including daily variability and extremes7,8. Using an empirical approach that provides a robust lower bound on the persistence of impacts on economic growth, we find that the world economy is committed to an income reduction of 19% within the next 26 years independent of future emission choices (relative to a baseline without climate impacts, likely range of 11–29% accounting for physical climate and empirical uncertainty). These damages already outweigh the mitigation costs required to limit global warming to 2 °C by sixfold over this near-term time frame and thereafter diverge strongly dependent on emission choices. Committed damages arise predominantly through changes in average tempe

Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time as climate change contributes to the frequency and severity of violent meteorological events. The reinsurer Swiss Re Group said Wednesday that damages from convective storms in the U.S., which can come with hail, lightning, heavy rain and high winds, accounted for nearly 70% of the $50 billion in global catastrophic damages so far this year. The storms in the U.S. were so severe, there were 10 that resulted in damages of $1 billion or more, almost double the average over the last decade.

Loss and damage from climate change is already costing vulnerable communities dearly. These communities have played almost no role in causing the climate crisis, yet they are now paying for it with damaged and destroyed homes and schools, lost crops and livelihoods, and the loss of loved ones.

This full length briefing explains what Non-Economic Loss and Damage (NELD) is, why and how it happens, where it happens, who is most affected, and importantly how it can be addressed. Featuring case studies from both the Global North and South, the brief captures the latest thinking on NELD all in one place whilst acting as an accessible introduction for those new to the topic.

Denmark ‘gets ball rolling’ at UN ahead of protests as poor nations call for greater collective commitment. Youth groups in Africa are preparing to embark on a series of climate demonstrations on Friday to highlight the problem of “loss and damage” to poor countries blighted by climate breakdown, as only one rich country has so far stepped up with funding for the problem.

As Nobel laureate Solow said to Congress when criticizingeconomicmodelsforfailingtoanticipatethe“GreatReces-sion,” “Every proposition has to pass a smell test: Does itreally make sense?” (2). The methods and conclusions inDietzetal.(1)donotmakesense. ...

Residents of an Indonesian island threatened by rising sea levels have begun legal action against the cement producer Holcim. The claim for compensation, filed in Switzerland by three men and one woman, is understood to be the first major climate damages lawsuit against a cement company.

Projected growth in rocket launches for space tourism, moon landings, and perhaps travel to According to new NOAA research published in the Journal of Geophysical Research Atmospheres, a 10-fold increase in hydrocarbon fueled launches, which is plausible within the next two decades based on recent trends in space traffic growth, would damage the ozone layer, and change atmospheric circulation patterns.

Climate change is raising flood risks in neighborhoods across the U.S. much faster than many people realize. Over the next three decades, the cost of flood damage is on pace to rise 26% due to climate change alone, an analysis of our new flood risk maps shows.

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In our latest study, scientists from France, Germany, Netherlands, and the UK collaborated to examine whether and to what extent human-induced climate change had a part to play in the cold early April following a very warm March 2021 that led to large scale frost damages in grapevines and fruit trees in central France.

One can safely say that Bangladesh is a country of rivers, cyclones and floods which in years past would have caused huge numbers of deaths at times. However, over the years Bangladesh has invested in making sure that we no longer lose lives when such disasters strike us.

The pipeline operator is repairing damage to its supports caused by a sliding slope of permafrost, and installing chillers to keep the ground around it frozen.

Experts say scientific advances are making it easier to attribute the damages of climate breakdown to companies’ activities. Businesses could soon be facing a fresh wave of legal action holding them to account for their greenhouse gas emissions, owing to advances in climate science, experts have warned.