10-Second Climate - 15th Oct 2023

Essential energy & climate intelligence

What you need to know

California will mandate businesses to disclose carbon emissions from 2026

Why this matters - The order that California gives big business today sets the direction for global business tomorrow.
Your challenge - How confident are you in your carbon accounting? If you sell in California, you’d better be sure.
Read more: Guardian

Gas prices up due to the ongoing conflict in the Middle East

Why this matters - Another war increases global risk. We saw pipeline disruption last week in Eastern Europe. While European storage is full, a cold winter would drive power prices up.
Your challenge - Have you hedged your power & gas? Volatility is here to stay.
Read more: FT.com (paywall)

Stockholm to ban petrol and diesel cars

Why this matters - EVs aren’t just about carbon - they are quieter and cleaner in local streets. Policy will be driven at a local level, not just national.
Your challenge - If you run a fleet, local politics will impact you. Consumers like them more than ICE cars, so they’re coming, Rishi or not.
Read more: Guardian 

One thing to worry about

Climate change is today’s reality: 99% chance September was the warmest ever. Source: Berkeley Earth

Average temperature increase 1880-2023

One thing to be optimistic about

Technology is going to save us - and it’s moving fast

[Bill] Gates raises the case of steel and cement-making, which account for around 10 percent of global greenhouse gas emissions. In 2015, he says, the world did not have the means to decarbonise either of these industries, but now he says it is looking a lot more promising.

Ross Clark, The Spectator

Read More: Spectator (paywall)

If you’ve got more time, watch this…

Carl Sagan 1985

Carl Sagan, 1985

Four minutes of Carl Sagan giving a clear-as-a-bell explanation of the “greenhouse effect” in 1985. Was anyone listening?

Watch: Twitter/X