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Source: The Intergovernmental Panel on Climate Change (IPCC) Special Report
We faced an important dilemma. The IPCC report was a stark reminder that every tenth of a degree matters. There was a clear case to ratchet up ambition in corporate target setting, but also warnings that doing so could slow...
December 3, 2021 Opinion: How bad is the US economy?Source: FT
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Source: The Hill
Nearly half of Americans in a new Gallup poll reported that recent price increases are causing their family some degree of financial hardship, with 10 percent describing the hardship as severe.
OPEC and its allies agreed on Thursday to stick to their existing policy of monthly oil output increases despite fears that a U.S. release from crude reserves and the new Omicron coronavirus variant would lead to a fresh oil...
Source: Fast Company
United just ran a test flight with a fuel made from fats, cooking oils, and grease that results in 80% fewer emissions than regular jet fuel. Now it’s up to the government to allow it on commercial flights.
December 2, 2021 Supply chain bottlenecks, labor shortage holding back US economy, Fed's Beige Book saysSource: Fox News
"Several Districts noted that despite strong demand, growth was constrained by supply chain disruptions and labor shortages," the Fed said. "Outlooks for near-term economic activity remained positive, overall, but some Districts...
Source: BitCoin Magazine
Bitcoin is a competitor to the U.S. banking system and its worldwide consensus, the Securities and Exchange Commission (SEC) Chairman Gary Gensler said on Wednesday.
The U.S. central bank needs tobe ready to respond to the possibility that inflation may not recede in the second half of next year as most forecasters currently expect, Federal Reserve Chair Jerome Powell said on Wednesday.
December 1, 2021 ESG Book aims to 'disrupt' sustainability sector with free dataSource: Reuters
HSBC, Deutsche Bank and Swiss Re have thrown their support behind ESG Book, a new environment, social and governance (ESG) data platform launched on Wednesday to 'disrupt' the market with a free "public good" service for...
December 1, 2021 Omicron poses 3 major threats to the US economy, says Jerome PowellSource: CNN Business
Here we go again. Federal Reserve Chairman Jerome Powell is set to testify Tuesday that the Omicron variant threatens America's economic recovery. Much remains unknown about Omicron. Yet if it prolongs the pandemic, it could keep...
December 1, 2021 Here's how your gas could hit $5 a gallonSource: CNN
In a new report JPMorgan (JPM) warned clients that Brent crude oil will hit $125 a barrel next year and $150 in 2023, in large part because OPEC doesn't have nearly as much firepower to respond to high prices as many assume.
The bank is opening up access to its trove of market data and software tools to hedge funds and asset managers in an offering designed with Amazon’s cloud division, CNBC has learned exclusively.
November 30, 2021 Longer seasons and smarter travel could make sports more sustainableSource: Popular Science
A new study in Environmental Science & Technology investigated climate solutions in professional sport based travel, examining how different leagues across North America contributed to greenhouse gas emissions. Estimated...
November 30, 2021 Inflation surges globally, putting households and businesses in a pinchSource: Fox News
From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses...
November 30, 2021 Gottlieb: 'A pretty good degree of confidence' people with three doses are protected from omicronSource: The Hill
Former Food and Drug Administration (FDA) Commissioner Scott Gottlieb on Sunday said vaccine developers have "a pretty good degree of confidence” that fully vaccinated individuals who have received a COVID-19 booster are...
November 30, 2021 Why Volkswagen Is Beating Tesla In EuropeSource: CNBC/YouTube
n the U.S., Tesla dominates the conversation around electric vehicles, but in Europe, it’s a different story. Germany-based Volkswagen Group has risen from the ashes of its 2015 emissions scandal to become the EV market leader in...
November 29, 2021 Time for better consumer safeguards in S'pore over 'greenwashing' products that are not sustainableSource: Today
At a recent Youth4Climate forum in Milan, a prelude to the COP26 climate summit, Swedish youth activist Greta Thunberg chastised world leaders for paying lip service to the grandiose plans that they have announced for the...
Source: ABC News
"We all know when you have a virus that has already gone to multiple countries, inevitably it will be here," Fauci told ABC's "This Week" anchor George Stephanopoulos. "The question is, will we be prepared for it?"
November 29, 2021 U.S. inflation is one of the highest in the worldSource: Fortune
Inflation has taken its toll on much of the world recently, but the United States has stood out as one of the most affected in the last few months.
November 29, 2021 ‘Wake up’: markets warn central banks to get a grip on inflationSource: The Guardian
inancial markets fear the world’s leading central banks are risking “economic disaster” by misjudging the threat of rising inflation and not turning off the stimulus taps that have flooded the global economy with money.
November 24, 2021 ESG investing has a sustainability blind spot: supply chainsSource: Fast Company
When ESG rating agencies ignore supply chains, companies can cherry-pick what performance measures to report, boosting their sustainability and social ratings and hiding their ‘bad’ supply chain partners.
November 24, 2021 Transparency of ESG investment ratings faces regulatory scrutinySource: Reuters
Market regulators set out a global framework on Tuesday to police environment, social and governance (ESG) investment ratings and help combat 'greenwashing' in the fast-growing, multi-trillion dollar sector.
November 24, 2021 Not just the supply chain: Going green is hiking prices, tooSource: CNN Business
Investors have increasingly been looking to back companies that support sustainable environmental, social and governance practices. But some may be ignoring the impact the so-called "greenification" of the global economy is...
November 24, 2021 Oil, gas prices rise as market rejects tapping reservesSource: Fox News
"While that might seem like a good idea history has proven that the release will only have a short-term impact on prices and is an open declaration of an oil war with the OPEC Plus cartel. Oil reserves are meant for emergencies...
November 23, 2021 Former Unilever CEO Paul Polman Says Aiming for Sustainability Isn’t Good Enough—The Goal Is Much HigherSource: Harvard Business Review
How can a company profit from solving the world’s problems, not from creating them? Is the world better off because your business is in it, or not? These are some of the fundamental questions that Paul Polman, former CEO of...
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