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Adaptation: An Essential, but Lagging, Part of Global Warming Policy / Joel Darmstadter, Common Resources, 29/06/2015What does the Republic of Vanuatu, an island nation in the South Pacific, have in common with the state of California? Whether the former’s inundation, brought on by Cyclone Pam in March, was exacerbated by sea-level rise or whether the latter’s prolonged drought might, similarly, be an early harbinger of global warming—each case dashes the illusion that there is time to spare... lire la suiteWinners and Losers from Flattening Tiered Electricity Prices / Severin Borenstein, Energy Institute at Haas blog, 29/6/2015The California Public Utilities Commission is moving closer to major changes in the steeply increasing-block residential electricity rates that the state has had since the 2000-01 California electricity crisis.  This Friday the Commissioners may decide to significantly flatten the tiered rate structure.  In a blog post last fall, I discussed the inefficiency of charging tiered prices that don’t reflect cost and the unfairness of charging different customers different prices for the same good – a kilowatt-hour (kWh) of electricity... lire la suiteReaching the Mainstream: Resilience, Climate Change and the IMF / Thomas Spencer, Climate 365, Iddri, 26/06/2015The International Monetary Fund (IMF) recently published a fascinating study on the macro-economic and fiscal impacts of natural disasters, in particular weather-related disasters, in small-island Pacific states. This study provides powerful conclusions on the economic impacts of natural disasters and the role of mainstream international financial institutions like the IMF in improving resilience to disasters and the long-term effects of climate change... lire la suiteCanada’s INDC and its two (thirteen?) speed climate policy / Chris Bataille et David Sawyer, Climate 365, Iddri, 26/06/2015Canada’s announced Intended Nationally Determined Contribution (INDC) is a reduction of all Greenhouse Gas (GHG) emissions by 30% from 2005 levels by 2030, or -14% from 1990 levels. Based on our Deep Decarbonization Pathways Project (DDPP) modeling and analysis, we observe that the target is one plausible milestone on a pathway to the 2°C DDPP target of 1.7 tonnes per capita in 2050... lire la suite