<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=Windows-1252">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: Calibri, Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);" class="elementToProof">
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">1. At the UN Oceans conference in Lisbon the newly formed Australian government is represented by its environment minister Tanya Plibersek, who announced initiatives consistent with a renewed dedication to climate action.
</span><a href="https://www.theguardian.com/environment/2022/jun/27/tanya-plibersek-declares-environment-is-back-front-and-centre-in-australia-at-un-ocean-conference"><span style="font-size:12.0pt">https://www.theguardian.com/environment/2022/jun/27/tanya-plibersek-declares-environment-is-back-front-and-centre-in-australia-at-un-ocean-conference</span></a><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">2. Growing heat brings health risks for humans and other animals. Heat of over 90F can also impair pollination in plants, including food crops.
</span><a href="https://e360.yale.edu/features/pollen-and-heat-a-looming-challenge-for-global-agriculture"><span style="font-size:12.0pt">https://e360.yale.edu/features/pollen-and-heat-a-looming-challenge-for-global-agriculture</span></a><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">3. Insects are also falling victim to the growing heat. As they go, they threaten to take the plants, and us, with them. Almost Invisible Angels, a two-minute film, attends to the passing insects.
<span style="mso-spacerun:yes"> </span></span><a href="https://climatecrocks.com/2022/06/26/insects-and-angels-wings/"><span style="font-size:12.0pt">https://climatecrocks.com/2022/06/26/insects-and-angels-wings/</span></a><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">4. A farm of Tesla’s utility-scale batteries are replacing Hawaii’s last coal plant (which was obviously used to provide occasional power). The state intends to produce 100% green energy by 2045.
</span><a href="https://electrek.co/2022/06/27/tesla-megapacks-replace-hawaii-last-remaining-coal-plant/"><span style="font-size:12.0pt">https://electrek.co/2022/06/27/tesla-megapacks-replace-hawaii-last-remaining-coal-plant/</span></a><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">5. The G7 leaders are forming a climate club to oversee their pledges to decarbonize the road sector by 2030 and the power sector by 2035. (The pledges are hedged a bit—“fully or predominantly”—but I see no mischief in leaving
some wiggle room.) They also pledged to accelerate the phasing-out of unabated coal. (Since no practical way of abating coal exists, that fudge is probably harmless.)<span style="mso-spacerun:yes">
</span>They committed to ending “new direct public support for the international unabated fossil fuel energy sector by the end of 2022.” Again, there is a hedging allowance for “limited circumstances” consistent with a 1.5C goal. The only real, but perhaps
inevitable, disappointment in the communique is a declaration that liquid natural gas will be acceptable as a ”temporary response” to the current crisis, which appears to refer to the embargo on Russian fossil fuels.<span style="mso-spacerun:yes">
</span>If these strong commitments were not somewhat hedged, they probably would not be doable. The G7 participants were served predominantly plant-based meals. That seems to have braced them well.<span style="mso-spacerun:yes">
</span><a href="https://www.cnbc.com/2022/06/28/g-7-leaders-to-set-up-a-climate-club.html">https://www.cnbc.com/2022/06/28/g-7-leaders-to-set-up-a-climate-club.html</a><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;font-size:11pt;font-family:Calibri, sans-serif">
<span style="font-size:12.0pt">6. A few weeks ago Stuart Kirk, head of responsible investing for HSBC, gave a talk minimizing the financial risk to be expected from climate destabilization. Texas A&M’s Andrew Dessler replays the speech and provides some critical
commentary in a 21-minute video. In another sizzling 1.5 minutes, Al Gore has his say.
<span style="mso-spacerun:yes"> </span><a href="https://climatecrocks.com/2022/06/28/andrew-dessler-why-investors-do-need-to-worry-about-climate-change/">https://climatecrocks.com/2022/06/28/andrew-dessler-why-investors-do-need-to-worry-about-climate-change/</a><span style="mso-spacerun:yes">
</span><o:p> </o:p></span></p>
<br>
</div>
</body>
</html>