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The climate change has a price tag and it could be expensive for the world, the increasing greenhouse gas emissions will exert a growing economic impact on countries leading to price rises, slow-paced technological changes, and slow growth in per-capita incomes. In this exclusive series, we highlight the various climatic and growth scenarios, analysis of economic and environmental costs, damaging eco-systems, changes in socio-economic structures and living situations.

Climate Change Series

US tax credits for wind and solar mostly benefit big banks

Jan 26, 2022 04:49 am UTC| Insights & Views Economy

How can countries build renewable energy at the scale and rate needed to prevent dangerous climate change? The plan so far has been to try and make the cost of generating electricity from renewable sources cheap enough to...

Climate Change Series

How measuring emissions in real time can help cities achieve net zero

Dec 20, 2021 09:51 am UTC| Nature Science

Like many cities across the world, Glasgow host to the UN climate conference COP26 has a target to achieve net zero greenhouse gas emissions by 2030. This is a massive undertaking for any city. It means emissions from...

Climate Change Series

Climate transition delay could cost the UK trillions

Dec 04, 2021 01:55 am UTC| Economy

From power plants to coffee cups or your childhood home, everything that makes up the economy has a life expectancy. Much of what we make and consume lasts just weeks, months or years. However, lots of infrastructure...

Climate Change Series

We can't afford to just build greener. We must build less

Nov 13, 2021 07:47 am UTC| Insights & Views Nature

As the built environment takes centre stage at COP26, the scale and urgency of the climate crisis and of the industrys responsibility to address it comes into focus. A recent report from the UNs Global Alliance for...

Climate Change Series

Climate finance: it'll be cheaper in the long run if poorer countries receive it as a matter of urgency

Nov 06, 2021 08:33 am UTC| Economy

The almost mystical Green Climate Fund is back in the headlines at the COP26 climate summit in Glasgow. The fund grew out of a promise made by rich nations in 2009 to provide US$100 billion (74 billion) per year in climate...

Climate Change Series

Climate clock reset shows the world is one year closer to 1.5 C warming threshold

Nov 06, 2021 08:22 am UTC| Nature

Global carbon dioxide emissions are expected to increase to almost 2019 levels this year, upending last years unprecedented drop caused by COVID-19 lockdowns. This means that emissions are trending upwards again, when they...

Climate Change Series

COP26: here's what it would take to end coal power worldwide

Nov 06, 2021 08:08 am UTC| Insights & Views Nature

More than 40 countries have signed an agreement at COP26, the latest UN climate change summit in Glasgow, to phase out coal in electricity generation. The signatories include some of the worlds biggest coal burners:...

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Economy

McDonald’s misses earnings estimates due to rising costs, pandemic woes

McDonalds fell short of its revenue, and profit estimates, and the company cited rising costs and low sales turnout in its more than 4,500 store outlets in China and Australia. It said that the issues brought by the...

Nike appoints Ann Miller as new executive vice president

Nike, the American footwear and sports apparel company, announced it had promoted Ann Miller to be its new executive vice president and general counsel. Her assignment is set to take effect on Feb. 17. Portland Business...

S. Korea’s Largest Solar Farm Begins Operations

South Koreas largest solar power plant that covers an area of 1.42 million square meters, encompassing four towns in the southwestern county of Shinan has begun operations. The solar farm, which holds a capacity of 150...

S. Korean institute develops chimney smoke fine dust filtration system

The Korea Institute of Machinery and Materials had developed a system that filters fine dust in the white smoke emitted from thermoelectric power plants and waste incinerating facilities through simultaneous cooling and...

Politics

Donald Trump 'strong-armed' the RNC into paying his legal fees

Former President Donald Trump is facing several lawsuits and investigations, a few of which were related to the 2020 elections and his efforts to overturn the election results. Attorney Tristan Snell explained how Trumps...

Mark Meadows aide testified before Jan. 6 committee

The congressional committee investigating the January 6 Capitol insurrection is steadily making more and more progress into piecing together the events that took place. Another development to the panels probe is that they...

Kamala Harris to play important role in selecting new SCOTUS justice

Speculations have now begun as to who US President Joe Biden will be nominating as the next Supreme Court justice. Vice President Kamala Harris is set to play a key role in the selection of the next justice of the high...

Joe Biden, Drew Barrymore, others to honor Betty White in tv special

US President Joe Biden will take part in a television special honoring actress and comedienne Betty White, who passed away in December. Biden will be alongside many other celebrity guests in the special that is set to air...

Science

Hyundai Steel develops high crack resistance steel plates for EVs

Hyundai Steel Co. had developed a premium 1.5GPa martensitic (MS) steel plate for eco-friendly vehicles, which has a higher crack resistance than any other in the same product category. South Koreas No. 2 steelmaker...

Japanese lunar exploration firm Ispace plans first moon landing by private firm

Ispace Inc. will execute the worlds first moon landing by a private company through its unmanned lunar lander, which will be launched by the end of this year from the US. It will carry lunar probes developed separately...

SK Chemicals to ramp up production of chemically-recycled PET for food containers

SK Chemicals Co. has ramped up its production of chemically-recycled (CR) PET for the food container market, made by chemically decomposing waste plastics to turn them into pure raw materials and then used for...

S. Korean researchers develop portable ‘electronic nose that checks meat freschness

The Korea Research Institute of Bioscience and Biotechnology developed a portable electronic nose that can check in real-time whether meat has spoiled. The research team developed the electronic nose by creating two...

S. Korean scientists develop protein absorbent that collects rare earth elements from steel slag

A Gwangju Institute of Science and Technology research team has developed a protein absorbent that can collect rare earth elements from steel slag, an industrial by-product. The research team succeeded in selectively...

Technology

OnePlus Nord CE 2 5G will reportedly launch on February 11

It now looks like February is going to be a huge month for people looking to upgrade to a new mid-range phone as well. A recent leak suggests the OnePlus Nord CE 2 5G could be announced in February. To recap, the first...

‘Death Stranding’ PC gamers will only pay $10 for the Director’s Cut upgrade

PC gamers finally have a release date for the Death Stranding: Directors Cut on Steam, and it is happening quite soon. Another good news is that players who have already purchased the base game do not have to buy the...

‘Hyper Scape’ servers to shut down on April 28

Ubisoft announced on Thursday that it would stop the development of Hyper Scape in the coming months. That also means its servers will be shut down soon, leaving its loyal fans only a few months left to keep playing the...

Epic Games Store will continue offering weekly free games in 2022

Epic Games Store users will continue getting one of the best deals throughout 2022 as Epic Games announced that the weekly free game giveaways will still be available on its digital storefront. Players have also been...
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