Tag: Fossil fuels
10 Results
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Climate crisis can likely cost $7.9 trillion to world economy by 2050, says report
The report measured the preparedness of world's 82 largest economies and found that based on current trends the fallout of warming temperatures would shave off three percent of global GDP by 2050.
November 20, 2019 -
Study reveals Swiss glaciers lost one-tenth of volume in past five years alone
The study published by Cryospheric Commission at the Swiss Academy of Sciences said, 'a rate of decline never previously observed in the time series extending back for more than a century.'
October 15, 2019 -
Go vegetarian to save Earth
The latest report of the IPCC recommends eating less meat for a cooler planet.
August 28, 2019 -
BlackRock’s fossil fuel investments wipe out $90bn: IEEFA
The report, produced by the Institute for Energy Economics and Financial Analysis (IEEFA), places a price tag on BlackRock's fossil-fuel heavy strategy, saying the firm's refusal to address risk has lost investors over $90 billion in value destruction and opportunity cost from just a select few holdings over the past decade.
August 1, 2019 -
Paradigm shift needed to avert global climate chaos, warns UN
Earth's surface has warmed one degree Celsius (1.8 degrees Fahrenheit) -- enough to lift oceans and unleash a crescendo of deadly storms, floods and droughts.
October 8, 2018 -
For whom the wind blows
Wind power, as a source of emission-free energy, is an important part of the global strategy to cut down on fossil fuels. The world’s installed wind capacity, accordingly, has grown by an average 22 per cent every year since 2006. A study by Kristopher B Karnauskas, Julie K Lundquist and Lei Zhang, from the University …
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December 26, 2017 -
Climate change impacting estimated 40% of US growth
Climate change is annually impacting the US economy by an average of $240 billion, equal to an estimated 40 per cent of its current economic growth, scientists warn, saying burning fossil fuels “comes at a giant price tag which the US economy cannot afford and cannot sustain”. Despite this, the Trump administration has begun the …
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September 28, 2017 -
India’s oil consumption to be fastest in world by 2035
Having pipped Japan to become world's third largest oil consumer, India's oil consumption growth will be the fastest among all major economies by 2035, BP Statistical Review of World Energy said. India, Asia's second biggest energy consumer since 2008, had in 2015 overtaken Japan as the world's third largest oil consuming country behind US and …
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January 26, 2017 -
Global carbon emissions remain flat for third year
Global carbon emissions from burning fossil fuels are projected to rise only slightly in 2016, marking three years of almost no growth, says a study.
November 14, 2016 -
Global carbon emissions remain flat for third year
Global carbon emissions from burning fossil fuels are projected to rise only slightly in 2016, marking three years of almost no growth, says a study.
November 14, 2016