Investors can change the narrative on climate transition | AFR

Whatever pressure ultimately comes from investors, politicians must still set the policies that discourage pollution and enable rival energy technologies to emerge.

Hayne rebukes directors on climate risk failure | AFR

Former High Court judge and royal commissioner Kenneth Hayne has warned directors they have a legal duty to act on climate change risk, include it in corporate strategies and report on it to shareholders, raising the real prospect that boards failing to act could end up in court.

Tackling climate crisis is what we should be doing, says new IMF boss | The Guardian

The climate crisis and financial stability are linked, she says, because if left unattended, global heating will threaten financial stability. “When people say we should be sticking to our mandate, I fully agree,” she says. “That’s exactly what we are doing.”

UNEP: 1.5C climate target ‘slipping out of reach’ | Carbon Brief

The annual report, now in its 10th year, provides a “bleak” assessment of the ever-growing gap between actual emission reduction commitments by countries and those necessary to achieve the goals of the Paris Agreement: to limit warming to “well-below 2C above preindustrial levels” and pursue efforts to limit the temperature increase to 1.5C.

How big business saw the climate turning point coming | AFR

Climate change is suddenly at the heart of the political narrative but the country's leaders are playing catch-up with business, finance and investment institutions.

"Pollination’s mission is to play a proactive role in helping facilitate that change through world class advice and investment.”

Global fossil fuel subsidies reach $5.2 trillion, and $29 billion in Australia | Renew Economy

The IMF estimates that annual energy subsidies in Australia total $29 billion, representing 2.3 per cent of Australian GDP. On a per capita basis, Australian fossil fuel subsidies amount to $1,198 per person.

Rising Seas Will Erase More Cities by 2050, New Research Shows | NY Times

Further loss of land to rising waters there “threatens to drive further social and political instability in the region, which could reignite armed conflict and increase the likelihood of terrorism,” said General Castellaw, who is now on the advisory board of the Center for Climate and Security, a research and advocacy group in Washington.

“So this is far more than an environmental problem,” he said. “It’s a humanitarian, security and possibly military problem too.”

The transition to renewable energy | The Saturday Paper

“THERE’S REALLY NO EXPLANATION FOR THE GOVERNMENT’S POSITION EXCEPT BLIND IDEOLOGY AND VESTED INTERESTS. IT’S CAPTURED BY THE FOSSIL FUEL INDUSTRY.”

Ross Garnaut: Why Australia can be a renewable superpower | Renew Economy

Leading economist and climate change policy expert Professor Ross Garnaut joins Energy Insiders to explain how Australia can reach 100 per cent renewables in little more than a decade, and then go further and be a renewable superpower.

Record drop in electricity production from coal as rich nations go green | The Times UK

Reductions in burning of the most carbon-intensive fossil fuel in Britain, Germany, South Korea and other developed countries are outstripping increases in China, Vietnam and elsewhere, meaning that the overall total is expected to decline by 3 per cent in 2019.

Mark Carney on the risks and opportunities of a low carbon economy transition | The Fifth Estate

A great summary of Mark Carney’s speech at the 10th Climate Alliance conference in Melbourne.

Awards for the Climate Alliance Board of Advisors

At this year’s 10th annual conference we recognised long standing members of our Board of Advisors Taimur Siddiqi, Alan Pears, Mary Voice, Turlough Guerin, Tara Allsop and Lloyd Fleming.

This team has literally weathered the storm since 2009 including dramatic policy change, growing youth advocacy, substantial inroads within the business and board community, and, of course, increased consensus and compelling evidence that we need to act now.

Thank you for your outstanding contributions and guidance. Climate Alliance looks forward to your support over the next decade of progress

Mark Carney addresses Melbourne Climate Alliance Conference via video

He addresses Reporting, Risk Management and Returns in the face of climate change risks. Visit here to book.

Credit Suisse exec: Firms ignoring climate change could 'go to zero' | Yahoo Finance

“It’s about quickly accelerating the transition in some of these older industries that have a bigger carbon footprint. That could be maritime, it could be long haul trucking, it can be automobiles. All of these industries are migrating, but they need to migrate faster.”

World Scientists’ Warning of a Climate Emergency | Bio Science

Scientists have a moral obligation to clearly warn humanity of any catastrophic threat and to “tell it like it is.” On the basis of this obligation and the graphical indicators presented below, we declare, with more than 11,000 scientist signatories from around the world, clearly and unequivocally that planet Earth is facing a climate emergency.

Rising Seas Will Erase More Cities by 2050, New Research Shows | NY Times

Further loss of land to rising waters there “threatens to drive further social and political instability in the region, which could reignite armed conflict and increase the likelihood of terrorism,” said General Castellaw, who is now on the advisory board of the Center for Climate and Security, a research and advocacy group in Washington.

“So this is far more than an environmental problem,” he said. “It’s a humanitarian, security and possibly military problem too.”

Minerals Council says it will release a 'climate action plan' next year | The Guardian

Climate change costs to hit these Australian regions hardest | AFR