Money Matters - Simplified

Climate change

Gen Xers unconcerned about climate change--report

Members of Generation X are pretty indifferent when it comes to climate change finds a University of Michigan report released this week.

Mounting sea levels a jolting shock for the East Coast!

Global warming has the whole world in a tizzy. The polar ice is melting at a speedy rate and gushing to the oceans forcing them to swell over. It’s a horrendous thought to be faced with flooding basements, traffic commotions, a general disarray to life activities.The government scientists report a fear that Boston may bear a lopsided and unbalanced brunt of the creeping sea levels. The U.S. Geological Survey yells a vigilant outlook for the East Coast as they scrutinize a 600 mile area along the East Coast.

Tundras transforming into forest much faster than presumed

Researchers from Finland and Oxford University have come across large swaths of European and Asian arctic tundra which are quickly turning into forests. They're attributing it to climate change, but what's worse is that the trend could significantly accelerate global warming should it spread across the entire tundra.

Fresh batch of hacked climate change emails hits internet

Exactly two years after hundreds of climate change emails were hacked from University of East Anglia's Climatic Research Unit and released online, a fresh batch of hacked emails has hit the internet.

NASA successfully launches Earth observing satellite

NASA successfully launched, in almost perfect weather conditions on Friday, an Earth-observing satellite aimed at improving weather forecasts and monitoring climate change.

World's oceans on the brink of collapse

The condition of the world's seas is declining much faster than previously thought, thanks to human impacts such as over-fishing and climate change.

Study: World's lakes in 25-year warming

Pasadena, Calif. -- Earth's largest lakes have warmed in the past 25 years in response to climate change, a global survey of temperature trends by U.S. scientists says.

Researchers at NASA's Jet Propulsion Laboratory in Pasadena, Calif., used satellite data to measure the surface temperatures of 167 large lakes worldwide for the comprehensive study, a JPL release said Tuesday.

They found an average warming rate of 0.81 degrees Fahrenheit per decade, with some lakes warming as much as 1.8 degrees per decade.

Although the warming trend was global, the greatest increases were in the mid- to high-latitudes of the Northern Hemisphere, the study found.

Kenya to open first Africa carbon exchange

Nairobi, Kenya -- Kenya says it is launching Africa's first carbon exchange to facilitate the trading of carbon credits and help tackle climate change.

The market will enable all African countries to sell and trade their carbon credits, the BBC reported Friday.

Carbon dioxide is one of the main gases causing climate change, scientists say, and such exchanges, where polluting industries in rich countries pay for clean development projects in poor countries, are one way to offset carbon emissions.

Experts say Africa will be badly affected by climate change even though most of the greenhouse gases that cause it are produced in the West and Asia.

Agriculture creates climate worry

Madison, Wis. -- As croplands expand at the expense of native ecosystems such as forests, nature loses capacity to protect the world from climate change, U.S. researchers say.

Researchers at the University of Wisconsin-Madison say ecosystems' capacity to store carbon, the element at the heart of global climate problems, is steadily eroding as growing numbers of natural ecosystems give way to agriculture, a university release said Monday.

The effect is most acute in the tropics, where expanding agriculture often comes at the expense of the tropical forests that act as massive carbon sinks because of their rich diversity and abundance of plant life, researchers say.

Arctic shipping could push climate change

Newark, Del. -- Increased marine shipping through warming arctic waters could accelerate climate change in the world's northern regions, U.S. and Canadian researchers say.

Scientists say as ice retreats and new shipping lanes open up, ship traffic at the top of the world will increase and with it will come increased air pollution from ship exhaust and other sources, reported Tuesday.

"One of the most potent 'short-lived climate forcers' in diesel emissions is black carbon, or soot," says James J. Corbett, professor of marine science and policy at the University of Delaware.

"Ships operating in or near the arctic use advanced diesel engines that release black carbon into one of the most sensitive regions for climate change," he says.