[✔️] May 25, 2022 - Daily Global Warming News Digest

[Richard Pauli]

/*May 25, 2022*/

/[ Mass courts rule ]
/*Exxon Mobil must face environmental allegations, court rules*
Exxon is accused of misleading investors about its products and climate 
impact.
By Aaron Katersky - - May 24, 2022,/
/
The highest court in Massachusetts ruled Tuesday the state attorney 
general can pursue a civil lawsuit that accused Exxon Mobil of 
misleading investors about its products and their impact on the climate.

The unanimous opinion, written by Associate Justice Scott Kafker, 
rejected Exxon Mobil’s attempt to dismiss the lawsuit on grounds it 
violated a state law that protects the company from lawsuits meant to 
silence Exxon Mobil’s public advocacy on energy policy...
- -
Massachusetts Attorney General Maura Healey accused Exxon Mobil in a 
2019 lawsuit of failing to disclose to investors material facts about 
climate change and misleading consumers about the harm Exxon Mobil’s 
products cause to the environment./..
/https://abcnews.go.com/US/exxon-mobil-face-environmental-allegations-court-rules/story?id=84946565

https://twitter.com/ABCNews4/status/1529288644397305857/
/

/
/

/[  Ontario storm recovery video ]/
*Ontario, Quebec storm leaves 10 dead, thousands still without power*
272 views  May 24, 2022  Days after a deadly storm tore through southern 
Ontario and Quebec, killing 10 people, devastated communities are still 
cleaning up.

Hydro crews, bolstered by hundreds of workers from the U.S., are getting 
Ontario’s power grid up and running.

“It’s really the degree of the devastation that’s occurred. It’s very 
complex,” says Jason Fitzsimmons of Hydro One.

Complex to the tune of 1,400 hydro poles and 1,000 km of power lines to 
replace, spread out virtually over the entire southern part of the province.

Hundreds of thousands of customers remain without power.
Mike Drolet reports.
https://www.youtube.com/watch?v=EpvFnA2XjLk

- -

/[  budgets are boring, and future conjecture is cheap, Davos notion  ] /
*Think climate action is expensive? Inaction could cost $178 trillion.*
But zeroing out emissions could create a green Industrial Revolution, a 
new report says.
Kate Yoder -- May 24, 2022
- -
A new report from the consulting firm Deloitte, released during the 
World Economic Forum in Davos, Switzerland, on Monday, found that if the 
world stayed on its current course, it would cost $178 trillion over the 
next 50 years. For perspective, roughly $500 trillion of wealth exists 
on Earth today. On the other hand, swift action to zero out global 
greenhouse gas emissions by 2050 could add $43 trillion to the global 
economy over the same period and, according to the analysis, plant the 
seeds for a green Industrial Revolution.

“Economics is on the side of a low-emissions future,” Punit Renjen, CEO 
of Deloitte Global, wrote in the report’s introduction, declaring that a 
coordinated, worldwide investment in climate action would “pay handsome 
dividends for the global economy.”
Deloitte’s report says that if the world warmed by 3 degrees Celsius 
(5.4 Fahrenheit) compared to pre-industrial times, it would hinder 
economic growth in every region. Economic opportunities would dwindle, 
since countries would have to spend money on repairing damages from 
climate change instead of on new innovations, and much of the world’s 
population would live a worse life...
- -
“We have squandered the chance to decarbonize at our leisure,” the 
report says. “Given the costs associated with each tenth of a degree of 
temperature increase, every month of delay brings greater risk and 
forestalls the eventual economic gains.”
https://grist.org/economics/davos-climate-action-legislation-expensive-inaction-cost-178-trillion-deloitte/



/[ Superb DW documentary of global warming impact to one region 
https://youtu.be/I35Ma9KGY1E ] /
*Meltdown in the Himalayas - The politics of climate change | DW 
Documentary*
52,143 views  May 22, 2022  The World Health Organisation puts the 
number of deaths from climate change at 250,000 by 2050.
A combination of bad policies and political apathy is speeding up 
climate change. Have we reached the tipping point? Can it be reversed? 
Pakistan takes a bold bid to mitigate worsening climate change.

The word Himalaya means House of Snow, and is the second largest icecap 
outside the polar regions. But it is melting at the fastest rate in 
human history. One-third of the Himalayan glaciers are projected to 
disappear by the end of this century due to climate change, threatening 
the supply of water to nearly 2 billion people across South Asia. We 
discover how water became a major flash point between arch-rivals India 
and Pakistan, due to the Siachen glacier conflict, and go undercover to 
observe the proliferation of water thieves in Karachi. We also examine 
the impact of former Prime Minister Imran Khan’s billion tree tsunami, 
Pakistan’s bold bid to mitigate worsening climate change.
Along the way, we meet people and activists trying to find ways to 
tackle the biggest issue of the 21st century.
#documentary #dwdocumentary
https://www.youtube.com/watch?v=I35Ma9KGY1E



/[ documentary video from Phoenix news ] /
*Scorched Earth: The repercussions of Lake Mead's water shortage*
Dec 28, 2021  The Bureau of Reclamation declared the first-ever Level 1 
water shortage condition for Lake Mead. It sets off a series of water 
cuts that take effect in 2022.
https://www.youtube.com/watch?v=MYn0LZ5NwJI



/[The birth of a great idea that everyone supports, because everyone 
knows it will never happen. ]/
/*May 25, 1992*/
The New York Times editorial page calls for a price on carbon, stating:

    "The prudent course for the West is to impose taxes that help the
    environment, and incidentally combat global warming. The best choice
    would be a modest tax on carbon-based fuels.

    "A carbon tax equivalent to, say, 25 cents per gallon of gasoline
    would help reduce pollution. Incidentally, it might be enough to
    help cut back greenhouse emissions in the West to 1990 levels by
    2000 -- the policy environmentalists fought, unsuccessfully, to have
    adopted at next month's Earth Summit in Brazil."

http://www.nytimes.com/1992/05/25/opinion/on-global-warming-why-no-carbon-tax.html?gwt=regi


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