Mainstreaming Adaptation or Be As the Vulture?! We dive into the culinary climate cabaret served up by the Government's release of two climate adaptation papers, with a side of US election speculation *Chef's kiss*
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It's time to revive *US elections corner* at LMSU HQ and HOOOEEEEE there is a lot to say! Summerupperers, we could have spent the whole pod unpacking the various permutations of the makeup of Congress and its implications for climate policy. BUT, beyond Democracy Good, Demagogue Bad, a re-elected but weakened Biden may be relegated to Executive Actions and bedding down IRA and getting proposed EPA standards for cars, powerplants and oil and gas methane reduction up. Will it be enough? The spectre of a Trump 2.0 presidency would see the US withdraw from Paris again and completely remove climate considerations from all decision making to the extent possible. The wildly popular hurricane of carrots that is IRA may yet survive though.
Our main paper
Last week the Government released two papers relating to adaptation - the National Climate Risk Assessment : First Pass Assessment Report and the National Adaptation Plan Issues Paper. Your intrepid hosts are here for this culinary climate cabaret! We devoured the National Adaptation Plan Issues Paper, with a little First Pass Climate Risk Assessment amuse bouche!
One more things
Tennant’s One More Thing is “Indistinguishable From Magic” by Robert L Forward, a collection of mind-expanding essays and indescribably dreadful fiction on the frontiers of future science and engineering by an influential aeronautical engineer and physicist. Featuring incredible levels of energy inefficiency!
Frankie’s One More Thing is a great episode of David Roberts’ US climate pod of note ‘Volts’ called “How’s IRA doing?”. It’s a cracking discussion with Trevor Houser of Rhodium Group unpacking data on how successful the IRA has been, two years into implementation.
Luke’s One More Thing is to flag ongoing and significant work underway by Treasury and the Australian Sustainable Finance Institute on a regulatory regime for Climate Related Financial Disclosures - due to kick off this year! - and accompanying taxonomy for sustainable finance.
And that’s all from us Summerupperers! Support our Patreon at patreon.com/LetMeSumUp, send your hot tips and suggestions for papers to us at mailbag@letmesumup.net and check out our back catalogue at letmesumup.net.