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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

What long-term economic stagnation means for climate change

Oct 31, 2022 08:41 am UTC| Economy

The financial shock the UK has recently suffered is of course bad for green investment. The Rishi Sunak-led government is also likely to use this crisis to push for further public spending cuts that will rule out a truly...

Climate Change Series

Floods are natural, but human decisions make disasters. We need to reflect on the endless cycles of blame

Oct 31, 2022 08:38 am UTC| Nature

As the Victorian city of Echuca prepared for flooding this week, the council moved rapidly to build a temporary earthen levee as others sandbagged. This kept some homes dry, likely worsened flooding in others, and prompted...

Climate Change Series

Financing the transition to net-zero – here's how the EU will advise investors where to put their money

Oct 13, 2022 11:48 am UTC| Business

Ahead of next months COP27 climate summit we have been given a stark reminder of the lengths still required to tackle climate change. A new report estimates that investments of US$1 trillion (904 billion) a year in...

Climate Change Series

Good news – there's a clean energy gold rush under way

Sep 05, 2022 04:31 am UTC| Insights & Views

This week, the Australian Energy Market Operator warned gaps in electricity supply are likely within three years. The reason? Coal plants are quitting the market earlier than expected, as well as becoming less reliable....

Climate Change Series

Pakistan floods: what role did climate change play?

Sep 05, 2022 04:28 am UTC| Nature

Pakistan is experiencing the most devastating and widespread floods in its history, with the countrys climate minister saying waters have reached across a third of the nation. The growing tally of impacts is dire. More...

Climate Change Series

Why tech companies must address emissions caused by streaming and scrolling

Aug 29, 2022 06:46 am UTC| Insights & Views Technology

Technology companies have been having a difficult year. The increased cost of living is turning people away from streaming, cryptocurrencies are faltering, Amazon has raised its prime membership costs, as has Twitter for...

Climate Change Series

In a climate crisis, how do we treat businesses that profit from carbon pollution?

Aug 24, 2022 11:06 am UTC| Insights & Views

Introducing the New Zealand governments first Emissions Reduction Plan in June, climate change minister James Shaw observed: The climate crisis is no longer something happening elsewhere, to someone else, in the...

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Economy

Sandbox Network announces restructuring plans to recover losses and grow the company

Sandbox Network, the South Korea-based digital entertainment company that provides multi-channel network services for digital content, announced its corporate restructuring plans for the company to survive. Sandbox...

NCSoft’s ‘Lineage’ game franchise reaches new milestone by hitting $10B sales since launch

NCSoft Corp., the South Korean video game developer and publisher headquartered in Pangyo, Seongnam, revealed it has achieved a new milestone since the company was established. The company said that it has been 24 years...

LG CNS’ AI English learning app rebranded as ‘Buttertime’

LG CNS has rebranded its artificial intelligence (AI) based English education app that can predict TOEIC and OPIC test scores. The information technology subsidiary of the LG Group is now calling the said language learning...

Striking cargo truckers reveal failed talks, Korean industrial businesses put to a halt

Thousands of truckers in South Korea are on strike, and on Monday, Nov. 28, the group and government officials held a 2-hour meeting. Unfortunately, the two camps were not able to reach an agreement, and a threat of...

KFC, Pizza Hut owner Yum Brands and Goldman Sachs’ PIA bid to acquire Korea’s Mom's Touch

Moms Touch, a chicken burger chain based in South Korea, is up for sale and many companies are interested. Bidders are placing their bids, and in the latest update, a lot of international private equity firms also joined...

Politics

Russia-Ukraine war: US considers sending 100-mile strike weapons to Ukraine

The US Pentagon is considering a proposal by defense manufacturer Boeing to send strike weapons that could reach behind Russian lines to Ukraine. The proposal comes amidst the increasing need for more sophisticated weapons...

US Supreme Court to hear 2016 New York corruption cases

The United States Supreme Court is set to hear two cases dating back to 2016 that could make it difficult to pursue public corruption prosecutions. The eventual rulings would affect the three people charged in corruption...

US talks with Russia on Griner, Whelan release ongoing, says diplomat

The talks between Washington and Moscow over securing the release of detained American nationals Brittney Griner and Paul Whelan are still ongoing, according to a diplomat. Despite ongoing negotiations, the US says Russia...

Iran rejects UN probe into protests

Iran rejected the United Nations investigation into the ongoing protests taking place across the country. Officials said Tehran does not intend to cooperate with the UNs fact-finding probe citing the political nature of...

Science

S. Korean scientists detect antibiotic material in spider venom using AI

South Korean scientists have developed an artificial intelligence (AI)-based peptide detection model that can predict the antibiotic functionality of peptides antibiotic for hay bacillus, colon bacillus, staphylococcus...

Scientists test mRNA technology for universal flu vaccine

An experimental vaccine was found to potentially open a pathway to a universal flu shot that might help prevent future pandemics, according to a US study. In initial tests in mice and ferrets, the two-dos vaccine...

Unilever explores the use of “cow-free” ingredients for ice creams

Unilever has begun looking at utilizing precision fermentation technology to create cow-free dairy products or use them within its ice cream portfolio A spokesperson for Unilever said that the companys RD team is in...

S. Korean researchers develop wearable OLED that can cure jaundice in infants

Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have developed a wearable green organic light-emitting diode (OLED) with a 470-nanometer (nm) wavelength that can cure jaundice in...

It was the first time scientists confirmed that nitrous oxide increases if nitrogenous fertilizers are used excessively for rice farming.

The excessive use of nitrogenous fertilizers for rice farming results in a sharp increase in the emission of nitrous oxide, the major greenhouse gas contributor, according to study by the Gyeonggi-do Agricultural Research ...

Technology

Twitter is rolling out Blue, Gold, and Grey verification plans after suspending Twitter Blue

Twitter announced it may debut its new verification plans soon. Based on the account type, Elon Musk said they would roll out the blue, gold, and gray badges for platform users. The Twitter chief executive officer said...

CD Projekt considers more TV series adaptations following ‘Cyberpunk: Edgerunners’ success

Many video game fans might agree that Cyberpunk 2077 has already had its redemption, especially after its latest major update that coincided with the release of the Netflix anime adaptation Cyberpunk: Edgerunners. Now,...

Xiaomi 13 release date: Company confirms launch event this week for the flagship series and MIUI 14

Smartphone makers are in a race to unveil new flagship devices powered by a next-generation chip from Qualcomm. And Xiaomi confirmed that its Xiaomi 13 lineup, likely to include Snapdragon 8 Gen 2, will be launched this...

‘Gran Turismo’ PC port is possible but not without some compromises, series creator confirms

Sony has made it clear that more of its first-party games for PlayStation will be released to PC, and that could include Gran Turismo. Kazunori Yamauchi, the creator of the racing sim series, confirmed the possibility of...

‘Call of Duty: Modern Warfare II’ is getting a spin-off campaign about Ghost, leaker claims

Infinity Ward is reportedly developing a Call of Duty: Modern Warfare II spin-off campaign focused on the fan-favorite character Simon Ghost Riley. But it might not be an entirely standalone premium game. Leaker...
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