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According to a new report, failure to act on climate change could cost the global economy $178 trillion over the next 50 years. The drop in global GDP is caused by factors like heat stress, sea-level rise, damage to infrastructure from wildfires and extreme weather. Health care spending would go up. People would stop traveling.
The report focused on what happens if countries and companies make a firm commitment to get to net zero carbon emissions by mid-century. $43 trillion was added to the global economy. The report emphasizes that many of the technologies and business models to rapidly decarbonize exist.
Harry Campbell is a Forbes contributor.
The world was vulnerable to Putin's supply-side punch because of the lack of demand for oil and gas. The upside? Widespread shortages and sky-high prices will force meaningful investments in alternatives and even pariahs like nuclear and wood. You can read more here.
The wildfire season in California runs from late summer through fall, but it seems like it has already started this year. Over 9000 acres have burned across the state so far and there have been 10 incidents in May.
The southern yellow-billed hornbill will be extinct in the hottest parts of its range by the year 2027 according to a recently published study.
According to a new report, greenhouse gas pollution trapped more heat in the atmosphere in 2021 than it did 30 years ago.
East Bay Community Energy will work with Fervo to add geothermal power to its grid, enough for over 44,000 homes. The project is expected to be finished in the year 2026.
NatureMetrics raised a $15 million funding round on Thursday. The financing will allow it to expand its technology platform, which uses DNA to monitor biodiversity to help its customers meet regulatory disclosure requirements.
A new smart farm was opened by Bowery Farming in Bethlehem, Pennsylvania. The farm is powered by 100% renewable energy and will be able to bring fresh produce to retailers serving 50 million people in the region.
China wants to create 450 gig of solar and wind capacity. At a time when U.S. manufacturing is declining, there will be lots of turbine manufacturing. That could put pressure on the U.S. to build out renewable capacity.
A hot, deadly summer is about to start.
Artificial intelligence can help fight climate change, but it can also make it worse.
Corporations pledge to buy green.
The name of the company is CoorsTek.
Not every EV will be battery-powered. In the years to come, hydrogen will be used to power heavy things like trains, ships and semi-trucks that are not suited for giant battery packs. The most abundant element in the universe has been an elusive clean fuel option for decades due to the difficulties of generating the energy-packed element in an efficient, low-cost method and without carbon emissions. A low-key giant in the world of engineered ceramics and led by the Coors brewing family says it has a new method to make hydrogen fuel that works with existing energy infrastructure.
The Media News Group has access to Jetty Images.
EV charging should cost. That is a difficult question. Current prices are all over the map, ranging from free to more than gasoline, and they include billing by the minute, by the kilowatt-hour or both, and adding session fees, flat fees or idling fees after the car is done. A kWh discount is given by some networks. All of these approaches have reasons behind them, and on one hand they are confusing, and on the other hand a lot of EV drivers barely care at all. It is a very different world from the simple and uniform pricing of gasoline sold by the gallon. You can read more here.
InDYCAR will move to renewable fuel.
China EV Maker lost more than doubled.
Elon Musk's crash course takes a close look at engineering and regulatory failures.
The new urban bike looks amazing, it weighs just 30 pounds.
Honest data is needed to avoid consumer backlash.
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