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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Calibri">1.<span style="mso-spacerun: yes">&nbsp;
</span>Led by Stanford faculty, 524 scientists from 84 countries have signed a declaration that we must act soon to avoid collapses of life support systems on a global scale.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://news.stanford.edu/news/2013/may/environment-consensus-statement-052313.html"><font color="#0000ff" size="3" face="Calibri">http://news.stanford.edu/news/2013/may/environment-consensus-statement-052313.html</font></a>
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p><font size="3" face="Calibri">&nbsp;</font></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Calibri">2.<span style="mso-spacerun: yes">&nbsp;
</span>Newly open water in the Arctic absorbs more CO2 than the former sea ice.<span style="mso-spacerun: yes">&nbsp;
</span>The Arctic Ocean is acidifying rapidly.<span style="mso-spacerun: yes">&nbsp; </span>
</font></font><a href="http://www.enn.com/climate/article/46007?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A&#43;ClimateChangeNews-Enn&#43;%28Climate&#43;Change&#43;News&#43;-&#43;ENN%29"><font color="#0000ff" size="3" face="Calibri">http://www.enn.com/climate/article/46007?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A&#43;ClimateChangeNews-Enn&#43;%28Climate&#43;Change&#43;News&#43;-&#43;ENN%29</font></a><o:p></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p><font size="3" face="Calibri">&nbsp;</font></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Calibri">3.<span style="mso-spacerun: yes">&nbsp;
</span>Pieces of the picture on climate coverage:<span style="mso-spacerun: yes">&nbsp;
</span>CBS has broken their silence on climate with a panel discussion on Face the Nation.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://thinkprogress.org/media/2013/05/26/2063231/cbs-climate-change/?mobile=nc"><font color="#0000ff" size="3" face="Calibri">http://thinkprogress.org/media/2013/05/26/2063231/cbs-climate-change/?mobile=nc</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>NBC has been the best of the major TV news networks in covering climate.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.nbcnews.com/video/nightly-news/52002561/#52002561"><font color="#0000ff" size="3" face="Calibri">http://www.nbcnews.com/video/nightly-news/52002561/#52002561</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>Chris Hayes of MSNBC has been active and well informed in covering climate disruption for the last several months.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.rawstory.com/rs/2013/05/28/msnbcs-chris-hayes-rips-gov-chris-christie-for-dismissing-climate-change/"><font color="#0000ff" size="3" face="Calibri">http://www.rawstory.com/rs/2013/05/28/msnbcs-chris-hayes-rips-gov-chris-christie-for-dismissing-climate-change/</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>Hayes may have influenced Rachael Maddow’s recent discovery of the issue.<span style="mso-spacerun: yes">&nbsp;
</span><i style="mso-bidi-font-style: normal">The New York Times</i> has had little coverage in the last couple of years.
<span style="mso-spacerun: yes">&nbsp;</span>BBC coverage has become spotty. <span style="mso-spacerun: yes">
&nbsp;</span><i style="mso-bidi-font-style: normal">The Guardian</i> remains the major paper with regular coverage.
</font></font><a href="http://www.guardian.co.uk/environment/climate-change"><font color="#0000ff" size="3" face="Calibri">http://www.guardian.co.uk/environment/climate-change</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span><span style="mso-spacerun: yes">&nbsp;</span>Here is an encouraging editorial from the
<i style="mso-bidi-font-style: normal">Philadelphia Inquirer</i>, which seems to be joining CBS in finding its voice (though maybe I have just missed its coverage).<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://articles.philly.com/2013-05-26/news/39540253_1_climate-change-carbon-emissions-recovery-efforts"><font color="#0000ff" size="3" face="Calibri">http://articles.philly.com/2013-05-26/news/39540253_1_climate-change-carbon-emissions-recovery-efforts</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span><i style="mso-bidi-font-style: normal">Mother Jones</i>, of course, along with
<i style="mso-bidi-font-style: normal">The Rolling Stone</i>, regularly issues a blast.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.motherjones.com/environment/2013/05/terracide-exxon-environment"><font color="#0000ff" size="3" face="Calibri">http://www.motherjones.com/environment/2013/05/terracide-exxon-environment</font></a><o:p></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p><font size="3" face="Calibri">&nbsp;</font></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Calibri">4.<span style="mso-spacerun: yes">&nbsp;
</span>A letter in <i style="mso-bidi-font-style: normal">Nature Climate Change</i> models the response of coastal real estate to climate risk.<span style="mso-spacerun: yes">&nbsp;
</span>It predicts that when the risks and cost of armoring against flooding and erosion become larger than returns from rentals, the real estate market crashes and properties will be abandoned.<span style="mso-spacerun: yes">&nbsp;
</span>It observes that people with little trust in climate models are more likely to hold real estate on barrier islands given current projections, so that taxes of the general population to underwrite the climate risks of holding coastal property go to support
 people who have undervalued risk projections.<span style="mso-spacerun: yes">&nbsp; </span>
The study predicts that under conditions of high sea level rise rates (10 mm/year) a market crash develops rapidly.<span style="mso-spacerun: yes">&nbsp;
</span>(Increasing rates of sea level rise, of course, are upon us.)<span style="mso-spacerun: yes">&nbsp;
</span>Dylan McNamara and Andrew Keeler, “A coupled physical and economic model of the response of coastal real estate to climate risk,” June 2013, 559-62 (subsc. req.).<span style="mso-spacerun: yes">&nbsp;
</span><o:p></o:p></font></font></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><o:p><font size="3" face="Calibri">&nbsp;</font></o:p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Calibri">5.<span style="mso-spacerun: yes">&nbsp;
</span>Progress toward a transition to renewable energy:<span style="mso-spacerun: yes">&nbsp;
</span>Australia appears set to beat its target of 22.5% renewable energy by 2020.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.guardian.co.uk/world/2013/may/30/australia-2020-renewable-energy-target"><font color="#0000ff" size="3" face="Calibri">http://www.guardian.co.uk/world/2013/may/30/australia-2020-renewable-energy-target</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>In spite of cheap American coal, the European Union seems on track to meet its target of 20% reduction in emissions by 2020 (on a 1990 base).<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.reuters.com/article/2013/05/29/us-eu-emissions-idUSBRE94S0EV20130529?feedType=RSS&amp;feedName=environmentNews"><font color="#0000ff" size="3" face="Calibri">http://www.reuters.com/article/2013/05/29/us-eu-emissions-idUSBRE94S0EV20130529?feedType=RSS&amp;feedName=environmentNews</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span><span style="mso-spacerun: yes">&nbsp;</span>China is reported committed to reaching peak emissions by 2025 or earlier.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.newscientist.com/article/mg21829193.300-can-china-really-turn-its-emissions-around-by-2025.html"><font color="#0000ff" size="3" face="Calibri">http://www.newscientist.com/article/mg21829193.300-can-china-really-turn-its-emissions-around-by-2025.html</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>Jim Hansen, discourage by the US failure to take legislative action on climate, believes that it may be time for a third political party in the US.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www.columbia.edu/~jeh1/mailings/2013/20130529_AmericanParty.pdf"><font color="#0000ff" size="3" face="Calibri">http://www.columbia.edu/~jeh1/mailings/2013/20130529_AmericanParty.pdf</font></a><font size="3"><font face="Calibri">
<span style="mso-spacerun: yes">&nbsp;</span><span style="mso-spacerun: yes">&nbsp;</span>Still, President Obama achieved his goal of 12% renewable power by 2012 and intends that the country to produce 25% renewably by 2025.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://en.wikipedia.org/wiki/Renewable_energy_in_the_United_States"><font color="#0000ff" size="3" face="Calibri">http://en.wikipedia.org/wiki/Renewable_energy_in_the_United_States</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>The US Sunshot initiative did succeed in lowering the cost of solar power to the point that permitting and installation are the soft spots.<span style="mso-spacerun: yes">&nbsp;
</span>The goal is retail solar power at $.06/kwh and a constructed price for commercial solar of $1/watt by the end of the decade.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://www1.eere.energy.gov/solar/sunshot/about.html"><font color="#0000ff" size="3" face="Calibri">http://www1.eere.energy.gov/solar/sunshot/about.html</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span><span style="mso-spacerun: yes">&nbsp;</span>We are close now.<span style="mso-spacerun: yes">&nbsp;
</span></font></font><a href="http://news.yahoo.com/cusp-solar-energy-boom-075000286.html"><font color="#0000ff" size="3" face="Calibri">http://news.yahoo.com/cusp-solar-energy-boom-075000286.html</font></a><font size="3"><font face="Calibri"><span style="mso-spacerun: yes">&nbsp;
</span>In sum we have much to do to avoid the worst effects of climate disruption.<span style="mso-spacerun: yes">&nbsp;
</span>(See item 1.)<span style="mso-spacerun: yes">&nbsp; </span>The great good news is that we have made a start.<o:p></o:p></font></font></p>
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