The Netherlands contemplates the world’s toughest climate law:
Last week, a coalition of seven Dutch political parties unveiled a climate policy proposal that is breathtaking in its ambition. If it becomes law, it will codify the most stringent targets for greenhouse gas reductions of any country in the world.
There are still several steps between the proposal and passage, including debate in both houses of Parliament, and lawmakers may make changes. But given the broad political support — the parties involved control 113 of 150 seats in Parliament — it is widely expected to pass in something like its current form by late next summer.
HSBC, Europe’s Largest Bank, Cuts Off Financing To The Oilsands:
London-based HSBC, Europe’s largest bank, has joined a growing number of financial institutions that are cutting off funding to oilsands projects.
As part of reforms to its energy policy, HSBC says it will no longer finance new projects in the oilsands or related pipelines. It will also halt funding of new coal power plants, in all but three countries where alternatives aren’t available.
The bank wants to “help our customers make the transition to a low-carbon economy in a responsible and sustainable way,” said Daniel Klier, group head of strategy and global head of sustainable finance.
“We recognize the need to reduce emissions rapidly to achieve the target set in the 2015 Paris Agreement to limit global temperature rises to well below 2 degrees Celsius and our responsibility to support the communities in which we operate.”
October trial set for US kids’ climate change lawsuit:
I’m thrilled to hear that a trial date has been set. This is a very important case and it doesn’t get the attention it deserves because of everything else that’s going on in the world at the moment. What a great bunch of proactive kids! This is the future!
The plastics crisis is more urgent than you know. Recycling bottles won’t fix it | John Vidal:
“In one study, 95% of all adults tested in the US had known carcinogenic chemical bisphenol A in their urine. In another, 83% of samples of tap water tested in seven countries were found to contain plastic microfibres. A study published last week revealed plastics contamination in more than 90% of bottled-water samples, which were from 11 different brands. And earlier this year the River Tame in Manchester was found to have 517,000 particles of plastic per cubic metre of sediment – that’s nearly double the highest concentration ever measured across the world.”
China Shake-Up Gives Climate Change Responsibility to Environment Ministry:
“In a bid to take on polluters, China has been strengthening its environment ministry, drawing up new laws, setting up monitoring systems and launching campaigns to boost compliance by heavy industries.
“With the new management structure, the efforts for air, water, soil, and ecological protection will be more coordinated,” said Tonny Xie, director of the Secretariat for the Clean Air Alliance of China (CAAC).”