Monthly Archive for December, 2011

Image by Brett Ryder

From the Economist

Shorlty before the 2009 UN climate summit in Copenhagen, many companies got into green. The summit was expected to lead to new regulations restricting greenhouse-gas emissions. Dozens of chief executives came to see history being made and to be seen on the right side of it. But Copenhagen was a flop. Most firms turned their thoughts elsewhere. Only four bosses showed up at the next annual climate meet, in Cancún. Few are expected at this year’s bash, which begins in Durban on November 28th.

Alas, that represents a realistic assessment of the Durban summit’s chances of delivering anything like the long-term certainty that businesses crave. Of 300 bosses of big global firms recently quizzed by Ernst & Young, 83% said they wanted to see a legally binding multilateral deal struck in Durban to update the ailing Kyoto protocol and help to put a price on carbon emissions. But only 18% expect this to happen. The absence of a clear climate policy helps explain why, for example, investment in British clean technology fell from around $11 billion in 2009 to $3 billion last year. It would also suggest that any firm factoring a steep carbon price into its plans—as Shell does, assuming a notional price of $40 a tonne—should quietly lower it.

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Image by Jefferson Beck/Goddard Space Flight Center/NASA/AP

By Charles Q. Choi from the Christian Science Monitor

Antarctica’s vast ice sheets first grew when carbon dioxide levels in the Earth’s atmosphere sharply declined millions of years ago, scientists now find.

Carbon dioxide is a greenhouse gas — it traps heat radiating away from the Earth’s surface. High levels of it in the atmosphere are linked with global warming, while low levels are linked with global cooling. Many such periods of warming and cooling have occurred in the Earth’s history, with repercussions for climate around the planet.

But reconstructions of what atmospheric carbon dioxide levels were like back when glaciers began to cover Antarctica nearly 34 million years ago had appeared contradictory. Some research actually suggested carbon dioxide levels rose just before and across this time, a period known as the Eocene-Oligocene climate transition, which is the opposite of what would be expected as prime glacier-growing conditions.

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