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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

Biden’s Senate majority doesn't just super-charge US climate action, it blazes a trail for Australia

Jan 19, 2021 04:49 am UTC| Politics

Last week, somewhat overshadowed by the events in Washington, the Democrats took control of the US Senate. The Democrats now hold a small majority in both the House and the Senate until 2022, giving President-elect Joe...

Climate Change Series

Home-delivered food has a huge climate cost

Jan 19, 2021 02:35 am UTC| Business Nature

Over the past few years, Australians have embraced online food delivery services such as UberEats, Deliveroo and Menulog. But home-delivered food comes with a climate cost, and single-use packaging is one of the biggest...

Climate Change Series

S. Korea allocates 30 trillion won to promote green energy, digital exports

Jan 13, 2021 15:46 pm UTC| Economy Business

South Korea will allocate 30 trillion won in trade financing to expand outbound shipments in green and digital sectors from $180 billion in 2019 to $250 billion in 2025. Exporters in such fields could also avail of...

Climate Change Series

Bank of America, 19 others urged to address pollution in lending to plastics firms: report

Jan 10, 2021 09:42 am UTC| Business

A report by research network portfolio.earth revealed that Bank of America Corp, Citigroup Inc, and JPMorgan Chase Co provided the most financing to plastics firms without imposing any pro-environment due diligence or...

Climate Change Series

Ships moved more than 11 billion tonnes of our stuff around the globe last year

Nov 18, 2020 03:46 am UTC| Economy

The shipping of goods around the world keeps economies going. But it comes at an enormous environmental cost producing more CO₂ than the aviation industry. This problem should be getting urgent international attention and...

Climate Change Series

Biden’s stance against fossil fuels didn't turn away voters in Pennsylvania and other key states

Nov 10, 2020 05:49 am UTC| Politics

The United States election results have been a nail-biter that many polls did not predict. After days of uncertainty, the votes have tipped in favour of Joe Biden, and the U.S. president-elect has since kicked off his...

Climate Change Series

European oil firms struggle to meet UN climate goals

Oct 09, 2020 00:08 am UTC| Business

None of Europes 59 major oil companies, including BP and Royal Dutch Shell, are on track to meet the Paris Agreements goals on limiting global warming. BP is the least aligned among the European firms, not even meeting...

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Economy

South Korea: Lotte and Shilla are withdrawing operations at the Incheon Airport

Lotte and Shilla are two of South Koreas leading major duty-free operators. Both have opened outlets inside the Incheon Airport Terminal 1, but they will be vacating the area next month, according to the reports. The...

Germany asks Taiwanese semiconductor companies to help end the chip shortage worldwide

There is a worldwide issue with semi-conductor chips supply for cars, and Germany stepped up to resolve the problem. It was reported that the country asked manufacturers in Taiwan to help with easing the chips...

Toyota Group ramping development of fuel-cell vehicle, parts

The Toyota Group is ramping efforts in developing hydrogen fuel-cell vehicles and its parts to meet the global demand for eco-friendly cars. Last month, Toyota Motor Corp. released its second-generation hydrogen-powered...

S. Korean excavator makers Doosan, Hyundai expected to sustain China sales

Exports of South Koreas two excavator makers Doosan Infracore Co. and Hyundai Construction Equipment rose 19 percent to US$200 million in December from the previous year ago, mainly due to a boom in Chinas construction...

Politics

Ivanka Trump, Jared Kushner reportedly want 'clean break' after serving in Trump administration

White House adviser Ivanka Trump and her husband Jared Kushner are looking to Florida as their next stop after their time in Washington DC. The couple is reportedly looking to take a break after serving in the Trump...

Joe Biden reaffirms US-UK ties in phone call with Prime Minister Boris Johnson

One of the things Joe Biden has sought to do as president was to restore the US ties with its allies, among them being the United Kingdom. Biden recently spoke to the UKs Prime Minister Boris Johnson, the two leaders...

Donald Trump revelation: Ex-POTUS reportedly planned to fire acting AG in bid to overturn election

Donald Trump may no longer be able to claim voter fraud or a stolen election now but recent reports revealed how desperate the former president was to overturn results. Reports have emerged that Trump was planning to fire...

Donald Trump election loss: Mar-a-Lago members reportedly quit in an effort to distance from ex-POTUS

Donald Trump has reverted back to being a private citizen as of last week, yet he still faces legal battles on the way. However, that may not be all he is currently facing as his own Mar-a-Lago resort is also experiencing...

Science

What to feed ducks – according to science

The simple things in life sometimes bring the greatest joy like feeding the ducks at your local pond. The next time you pay your feathered friends a visit, consider introducing some variety into the food you give them....

Yellowstone volcano: USGS warns of possible eruption

Many scientists are keeping watch over the activity occurring in the Yellowstone volcano because of its potential to inflict large-scale damage in the United States. Now, scientists at the USGS have now warned of a...

Mars mission: NASA scientist says Martians can help humans live on Red Planet

Being able to live on Mars is one of the goals that space agencies all over the world have when it comes to exploring the red planet in future Mars missions. Although it may take a while to figure out how we may be able to...

Black holes: Albert Einstein's theory may save Earth from wandering black holes

Black holes are one of the most mysterious objects in the universe and were first brought up by renowned scientist Albert Einstein. With the possibility of wandering black holes being able to consume our own planet, the...

Asteroid alert: 16-meter space rock to pass by Earth on New Year weekend

With days to go until the Earth completes another year around the Sun, it appears that the universe also has plans to celebrate the new year along with us. An asteroid is set to pass by our planet a few days after the new...

Technology

‘Dying Light 2’ Collector’s Edition leak suggests bundle comes with UV flashlight, secret location map

The update that fans of Techlands survival horror title have been looking for may have recently emerged in the form of an information leak. A Collectors Edition of Dying Light 2 was reportedly listed on a retailers website...

‘Among Us’ Nintendo Switch edition reportedly sold 3.2 million copies in December 2020

It should no longer come as a surprise that the first console launch of Among Us turned out to be a massive success. The multiplayer games Nintendo Switch edition has reportedly sold millions just weeks after it was...

‘Diablo 2’ remake’s development now involves Vicarious Visions, report says

A reliable gaming industry insider reported that the highly requested Diablo 2 remake is in the making. Activisions recent reorganization is also said to be directly related to the ongoing project making Vicarious Visions...

Xbox Live Gold no longer required for free-to-play multiplayer ‘in the coming months’

Microsoft has officially canceled its previously announced Xbox Live Gold price hike. To make peace with disgruntled gamers, the company also announced a massive change in its policy regarding free-to-play multiplayer...

iPhone 12 should be kept at a 'safe distance' from medical devices, Apple says

Apple has updated its support page specifically for iPhone 12 owners who also use medical devices. The company says there is no known severe risk in having them around simultaneously but still advises people to keep a safe...
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