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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

Climate minister Chris Bowen says replacing coal-fired power stations with nuclear would cost $387 billion

Sep 18, 2023 05:51 am UTC| Politics Law

The government says replacing Australias retiring fleet of coal-fired power stations with nuclear energy would cost some $387 billion. The costing, put out by the Climate Change and Energy Minister Chris Bowen, is a...

Climate Change Series

Flood protection based on historical records is flawed – we need a risk model fit for climate change

Sep 01, 2023 01:43 am UTC| Nature

Despite countries pouring billions of dollars into protecting communities, flood-related disasters are becoming more frequent and are projected to become even more severe as the climate crisis worsens. In fact, many...

Climate Change Series

World's beaches are changing because of climate change - green thinking is needed to save them

Aug 25, 2023 08:02 am UTC| Nature

Coastlines the interface between land and sea lie at the frontline in the battle against climate change impacts. Globally, almost 1 billion people now live within 10km of a coastline and the same number live in areas...

Climate Change Series

'Worthless' forest carbon offsets risk exacerbating climate change

Aug 25, 2023 08:00 am UTC| Nature

In early 2023, the Guardian published an article suggesting that more than 90% of rainforest carbon offsets are worthless. These credits are essentially a promise to protect forests and can be bought as a way to offset...

Climate Change Series

Microplastics discovered in the body tissues of whales, dolphins and seals – sparking concerns for human health too

Aug 24, 2023 07:13 am UTC| Health

Marine mammals animals including whales, dolphins, seals, sea lions, sea otters, dugongs and manatees are threatened by an array of human activities. Species such as the North Atlantic right whale, Rices whale and...

Climate Change Series

Greenhouse gases are changing air flow over the Pacific Ocean – raising Australia's risks of extreme weather

Aug 24, 2023 07:09 am UTC| Nature

After a rare three-year La Niña event brought heavy rain and flooding to eastern Australia in 2020-22, were now bracing for the heat and drought of El Niño at the opposite end of the spectrum. But while...

Climate Change Series

What harm could one coal mine do? Plenty, producing 1.7 Hiroshima bombs of heat

Aug 22, 2023 04:25 am UTC| Nature

This year, the Australian government rejected Clive Palmers coal mine proposal but approved three others. Over 100 more fossil fuel projects are in the decision pipeline. Why are we still approving coal projects when...

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Economy

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets

The U.S. dollar weakened on Friday and headed toward its first two-week losing streak since late May after a disappointing July jobs report reduced expectations for another Federal Reserve interest rate hike. The U.S....

China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade

Chinas exports posted stronger-than-expected growth in July, supported by booming global demand for artificial intelligence infrastructure and a rush to ship goods before higher U.S. tariffs took effect. Exports increased...

Politics

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Trump Administration Plans $1 Billion Security Aid Package for Colombia

The administration of U.S. President Donald Trump plans to provide $1 billion in security assistance to Colombia under newly inaugurated President Abelardo De La Espriella, the U.S. State Department said Friday. The...

US Expects Iran-Oman Hormuz Shipping Deal Soon

The United States expects Iran and Oman to reach an agreement soon that could restore commercial shipping through the Strait of Hormuz, a critical route for global oil and energy supplies, according to a Reuters report...

SEC Moves to Dismiss Insider Trading Case Against Trump-Pardoned Terren Peizer

The U.S. Securities and Exchange Commission (SEC) is moving to dismiss its civil insider trading lawsuit against Terren Peizer, the former Ontrak CEO who was convicted in a landmark federal insider trading case before...

Ukraine Agrees to Protect Kazakhstan Oil Exports via Black Sea

Ukraine has reportedly agreed not to attack certain non-Russian oil tankers and infrastructure involved in exporting Kazakhstan crude oil through the Black Sea, a move that could help stabilize supplies from one of the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...
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