• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Rain Forest
 

Rain Forest

on

  • 3,731 views

Silicon French Sustainability Group

Silicon French Sustainability Group

Statistics

Views

Total Views
3,731
Views on SlideShare
3,626
Embed Views
105

Actions

Likes
1
Downloads
263
Comments
1

8 Embeds 105

http://thinkearth.wordpress.com 91
http://kimi.blog.com.mk 6
http://blog.com.mk 2
http://www.slideshare.net 2
http://joanlora0.blogspot.com 1
http://209.85.135.104 1
http://monteindustria2.blogspot.com 1
http://www.kimind.fr 1
More...

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel

11 of 1 previous next

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
  • Just a quick bit of constructive criticism on this slide.

    You may want to revise it slightly. It is a bit difficult to read the red wording on this background.

    A more effective way to present this would be to move the picture of the hurricane further down and to keep the wording above the Earth; this would make a more effective point visually -- the looming hurricane without anything to obstruct it is more awe inspiring.

    The wording is HUGE. Does it need to be?
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Rain Forest Rain Forest Presentation Transcript

  • Bill Barclay Global Finance Campaigner April 12 th , 2007 Silicon-French Panel Menlo College Global Finance Campaign
  • Climate Change Are we up to the challenge?
  • Up to 11.5° F hotter by 2100 Business as usual is not an option
  • Impacts Assessment
    • Species
    • extinctions
    • Heat waves
    • Water stress
    • Sea level rise
    • Agriculture
    • disruption
    IPCC 2007
  • 5% of world population 25% of global emissions
  • 80% reduction in GHG by 2050 needed: Will Congress deliver?
  • “ Climate change is the most massive case of market failure in human history.” Sir Nicholas Stern, November 2006 “ Another decade of business-as-usual carbon emissions will probably make it too late to prevent runaway climate change.” “ We need an immediate moratorium on new coal fired power plants.” - Dr. Jim Hanson, Chief Climate Scientist, NASA.
  • King Coal
    • Electricity 30% of CO2 in US
    • Coal is dirtiest fossil fuel
      • 50% of electricity, but
      • 80% of CO2
    • 1/3 of global CO2 from coal
  • 150 new coal power plants currently proposed in the US
    • 585 million tons of CO2 emissions/year
    • More than the energy emissions of 95% of world’s countries
    • $125 billion to build
    • $50 billion annually in externality costs
    • Each major new plant = 1 million new cars
  • The Campaign Model Global Finance Campaign
    • Expose destructive side of brands
    • Strengthen “marketplace democracy”
    • Make real & significant progress – align corporate policy with environmental values
    • Applaud strong corporate leadership
    • Motivate laggards by leveraging public opinion and consumer pressure
    Markets Activism
  • $ Chain of destruction Exploration Extraction Transport Refinement Consumption
    • Top Funder:
      • Logging
      • Oil & Gas
      • Mining
      • Hydro Projects
    Follow the Money
  •  
  • November 13, 2002
  • January 26, 2004
  •  
    • Citigroup
    • Prohibit investment in any extractive industry operations in primary tropical forests
    • Place severe restrictions on destructive investment in all endangered ecosystems worldwide
    • Stop funding illegal logging
    • Audit its climate-changing investments and
    • Invest in renewable energy projects
    • Bank of America
    • Prohibit investment in any extractive industry operations in primary tropical forests
    • Place severe restrictions on destructive investment in all endangered ecosystems worldwide
    • Stop funding projects where indigenous land claims are not settled
    • Reduce direct and indirect emissions and invest in renewable energy projects
    • No funding for logging in intact forest ecosystems
  • Implementation
  • Equator Principles 50 banks = Led by Citi, ABN Amro, Barclays, & West LB of global project finance
  • Equator Principles
    • Based on World Bank Safeguard Policies
    • Restricts funding available in critical natural habitats
    • No climate policies
    • Only applies to project finance, not direct investment or any other extension of credit
    • Limited coverage leaves banks exposed.
  • Changing Climate Round two
  •  
  • TXU: Climate Change Texas Style
    • $10 billion project
    • 11 new coal power plants
    • 78Mt new CO2 =
      • * Japan’s entire Kyoto emission reduction
      • * 80% of UK’s KP target
      • * 15 million new cars
      • * BP’s entire GHG emissions globally
    • 14% of France’s total GHG emissions
    • Risky business!
  •  
  • TXU Buyout
    • Largest buyout in history ($32 billion)
    • Climate issues front and center of deal
    • 8 of 11 new coal power plants cancelled
    • Increased investment in energy efficiency
    • Increased investment in renewable energy
  • March 23, 2007
  • The Wall Street Seven No New Coal!
  • Investment hierarchy for climate friendly power
    • Put a price on carbon
    • Invest in energy efficiency (Negawatts)
    • Invest in new renewable energy (solar, wind)
    • Invest in new fossil fuel power which meets strict carbon emission standards
    • The probabilities are terrible
    • but
    • The opportunities are marvelous
  • www.ran.org Global Finance Campaign