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[eds]

Paris will provide, the complete phasing out of fossil fuels by 2050,
. . . with the explicit support of more than 100 countries,
. . . is a clear signal, that continued investment in fossil fuels,
. . . is a high risk game.

Fnancial analysts, see the decarbonisation of global and individual economies,
. . . as a major factor, in deciding where capital will flow.
The risk/reward investment in new resources is becoming unacceptable,  
. . . because competing technologies (wind and solar) are now cheaper and
. . . better bets in many parts of the world.

12-15-2014 Source:  Follow the Money: Australia Coal

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[Shortpoet-GTD]

Not good....
"Australia has been named the worst-performing industrial country in the world on
climate change
in a report released at international negotiations in Peru."

Via Grist-
http://grist.org/cli...australia-mate/

[eds]

The stark impacts of climate change are visible seemingly everywhere:
. . .  . . . from the devastating Pakistan floods in 2010,
. . .  . . . to the destruction of Hurricane Sandy in 2012,
. . .  . . . to the devastating wildfires in Australia in 2014,
. . .  . . . to the worsening drought in California today.

The world’s experts say these events are becoming more severe,
. . . causing annual losses of $200 billion,  a quadrupled toll in 30 years.
Humankind is almost certainly on a path to cross the 2-degree-Celsius threshold,
. . . most climate scientists agree we must stay below,
. . . to forestall the worst effects of global warming.

Under a revised strategy approved earlier this year by the board, RMI and CWR will drive the greatest impact by:
• Developing breakthrough insights, business models, designs, and solutions.
• Partnering with early adopters to pilot and fine tune such breakthrough ideas.
• Creating replicable solutions that are profitable and able to rapidly scale.
• Identifying and removing market barriers such as information gaps and transaction costs.
• Scaling impact through broad outreach, resulting in large-scale adoption of new solutions.

07-02-2015 Source:  Rocky Mountain Institute and Carbon War Room merge