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‘Carbon Bubble’ Could Spark Global Financial Crisis, Study Warns
Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found. A sudden drop in demand for fossil…
2017 Was a Record Breaking Year for Renewables, But More Needs to Be Done
2017 broke the record for increased renewable energy capacity, Reuters reported Sunday. But it still isn’t enough to reduce carbon dioxide emissions in line with the goals of the Paris agreement. These are the conclusions of the Renewables 2018 Global…
Bloomberg Announces Multimillion-Dollar City Climate Challenge
One year after President Trump pulled out of the landmark Paris climate agreement, his administration shows no signs of progress, choosing instead to ignore climate science and boost the fossil fuel industry. Former New York mayor Michael Bloomberg, the secretary…
Vladan Vasic, the Mayor of Pirot: The Citizens of Pirot are Proud of their City
Vladan Vasic was elected three times as the President of the Municipality of Pirot, and after the elections in 2016, he became the first Mayor since Pirot was granted the city status, prior to the elections. A significant step forward…
Construction Delays Make New Nuclear Power Plants Costlier than Ever
The cost of building new nuclear power plants is nearly 20 per cent higher than expected due to delays, a new analysis has found. A new analysis of the history of nuclear power plant projects shows since 2010 delays have…
High CO2 Levels Make Rice Less Nutritious, Study Finds
Research published Wednesday in Science Advances found that rice grown with the higher atmospheric carbon dioxide concentrations expected by the end of this century was less nutritious, signaling bad news for the more than two billion people who rely on…
Hitting Toughest Climate Target Will Save World $30tn in Damages, Analysis Shows
Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis. Most nations, representing 90% of…