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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

Solar panels in Sahara could boost renewable energy but damage the global climate – here's why

Feb 12, 2021 08:13 am UTC| Technology Nature

The worlds most forbidding deserts could be the best places on Earth for harvesting solar power the most abundant and clean source of energy we have. Deserts are spacious, relatively flat, rich in silicon the raw...

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...

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Economy

S. Korea to increase R&D budget for next-generation cars

South Korea will spend 367.9 billion in research development (RD) on key technologies for next-generation vehicles this year, up 37 percent from the previous year, to help local automakers take the lead in the...

Daewoo Shipbuilding's deal for LNG FSRU revised to building LNG carrier instead

Daewoo Shipbuilding Marine Engineering Co.s deal with Japanese shipowner Mitsui OSK Lines (MOL) to build a liquefied natural gas (LNG) floating storage regasification unit (FSRU) has been revised to building a super-large...

Toyota recalls 373,000 Venza SUVs worldwide due to airbag wiring defect

Toyota is recalling about 373,000 Venza SUVs worldwide from 2009 through 2015 model years because of a wiring problem that can prevent the side airbags from inflating in a crash. The recall, which includes nearly...

US to keep monitoring S. Korea for currency manipulation

The US is keeping South Korea on a list of its major trading partners to monitor for currency manipulation that puts American workers at an unfair disadvantage. The US Treasury Departments semiannual report to Congress...

Heineken to decarbonize production by 2030 and full value chain by 2040

Heineken announced goals to decarbonize its production by 2030 and its full value chain by 2040, while also delivering on an interim target to cut emissions from its value chain by 30 percent against a 2018 baseline by...

Politics

Ivanka Trump receives backlash from supporters for getting COVID-19 vaccine

Donald Trumps daughter and former White House adviser Ivanka Trump has largely been silent on social media since January when the Trump administration exited the White House. In a break to her social media silence, Ms....

Donald Trump 2024: Liz Cheney says she will not support ex-POTUS in a reelection bid

Former President Donald Trump is being touted by his base of supporters in the Republican Party as the partys nomination for the 2024 elections. However, some Republicans, including Liz Cheney, have expressed no desire to...

Joe Biden announces withdrawal of US troops in Afghanistan

Almost 20 years and three presidents later, Joe Biden has carried out another campaign promise initially made by his predecessor Donald Trump. Biden formally announced the withdrawal of US troops stationed in Afghanistan...

Nancy Pelosi blasts Senate Minority Leader Mitch McConnell in upcoming book

House Speaker Nancy Pelosi had some harsh words for Senate Minority Leader Mitch McConnell in an upcoming book. Pelosi blasted McConnell, citing one instance involving the late Supreme Court Justice Ruth Bader...

Science

Feeding cows a few ounces of seaweed daily could sharply reduce their contribution to climate change

Methane is a short-lived but powerful greenhouse gas and the second-largest contributor to climate change after carbon dioxide. And the majority of human-induced methane emissions comes from livestock. About 70% of...

Researchers have grown 'human embryos' from skin cells. What does that mean, and is it ethical?

Researchers have successfully grown model versions of early human embryos by reprogramming cells from human skin. The breakthrough potentially opens up new ways to study the earliest phases of human development, learn more...

Artemis: how ever changing US space policy may push back the next Moon landing

Harrison Schmitt and Eugene Cernan blasted off from the Taurus-Littrow valley on the Moon in their lunar module Challenger on December 14 1972. Five days later, they splashed down safely in the Pacific, closing the Apollo...

As the Perseverance rover lands on Mars, there's a lot we already know about Mars from meteorites found on Earth

NASAs Perseverance rover successfully touched down on Mars this morning, and has already begun beaming back images. But people might be surprised to learn there have been another 48 missions to the red planet so far. Of...

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Technology

S. Korea promotes homegrown technology as global standard for EV wireless charging

South Korea will ramp up efforts to promote a homegrown charging technology that allows electric vehicles to be charged up to 80 percent of their capacity within an hour as an international standard. The country...

‘F1 2021’ launches in July with a new story mode and updated career mode

The official video game sim of the prestigious Formula 1 race is getting a new iteration this year, officially titled F1 2021, and will launch in July. Aside from the ceremonial gameplay upgrades and addition of new...

‘Genshin Impact’ patch 1.5 online reveal is set on April 16

After weeks of relying on leaks, fans will finally get the details of the much-awaited Genshin Impact patch 1.5. Details about the updates official reveal have been announced and fans will be able to watch online streams...

‘The Last of Us’ remake is reportedly in development for PS5

The Last of Us is arguably one of the most popular franchises exclusive to the PlayStation systems, and its first game is reportedly undergoing a touch-up to maximize PS5s hardware. However, fans have yet to hear about...

Apple seeds iOS 14.5 beta 8 for public testers

iOS 14.5 is expected to be the biggest update since iOS 14 launched last fall. It finally became available to public testers as Apple seeded its eighth beta version this week. iOS 14.5 beta 8 now available to public...
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