Tag: climate

Taxing significant fossil gas corporations ‘could raise $900bn in local weather finance by 2030’ | Climate crisis

Christina Lobo
Taxing significant fossil gas corporations ‘could raise 0bn in local weather finance by 2030’ | Climate crisis

A new tax on fossil fuel businesses dependent in the world’s richest nations around the world could elevate hundreds of billions of bucks to enable the most vulnerable nations cope with the escalating weather crisis, in accordance to a report.

The Climate Damages Tax report, posted on Monday, calculates that an more tax on fossil gasoline majors primarily based in the wealthiest Organisation for Financial Co-procedure and Progress (OECD) nations could raise $720bn (£580bn) by the close of the decade.

The authors say a new extraction levy could improve the decline and problems fund to assistance susceptible countries cope with

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Climate Finance Is Focusing on the Mistaken Industries

Christina Lobo
Climate Finance Is Focusing on the Mistaken Industries

To attain internet-zero carbon emissions by 2030, we have to enhance the amount of cash invested in climate tech by 590 p.c, claims Daria Saharova, managing companion at VC Globe Fund, a European undertaking money organization specializing in local weather tech. Whilst European resources, which includes the UK’s, have €19.6 trillion ($21.1 trillion) under management—and invested €19.6 billion in 2022—that’s not ample. We require to make investments at least €1 trillion just about every year.

The excellent news? “Europe is main the planet in patent purposes for weather technological know-how,” she suggests. “Twenty-eight % of all patents in this subject

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The Biggest Threat In Finance Today Is Climate Change

Christina Lobo
The Biggest Threat In Finance Today Is Climate Change
Weather Thunderstorm Climate Change

solarseven

The scale of the problem

Regardless of your political or scientific views on global warming and whether it is the result of human activity, a massive body of evidence now drives the global consensus among scientists and world leaders that climate

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Five ways AI could improve the world: ‘We can cure all diseases, stabilise our climate, halt poverty’ | Artificial intelligence (AI)

Christina Lobo
Five ways AI could improve the world: ‘We can cure all diseases, stabilise our climate, halt poverty’ | Artificial intelligence (AI)

Recent advances such as Open AI’s GPT-4 chatbot have awakened the world to how sophisticated artificial intelligence has become and how rapidly the field is advancing. Could this powerful new technology help save the world? We asked five leading AI researchers to lay out their best-case scenarios.

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‘More intelligence will lead to better everything’

In 1999, I predicted that computers would pass the Turing test [and be indistinguishable from human beings] by 2029. Stanford university found that alarming, and organised an international conference – experts came from all over the world. They mostly agreed that it would happen,

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Will France tax the tremendous-prosperous to finance its fight versus local climate change?

Christina Lobo
Will France tax the tremendous-prosperous to finance its fight versus local climate change?

Solutions on how to fund the climate transition from a recent report have been criticised by the French authorities.

France could require practically €70 billion a yr to handle the weather crisis and cut down greenhouse gasoline emissions.

This estimate is component of a modern report handed to Prime Minister Elisabeth Borne on Tuesday (23 May perhaps). It comes not prolonged soon after Borne introduced a strategy to battle world warming that would see France double the amount at which it is lowering greenhouse gases to meet up with 2030 local weather targets.

The report endorses a 1-off ‘green prosperity

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VP Kamala Harris can make Miami cease to announce $562 million climate expenditure

Christina Lobo
VP Kamala Harris can make Miami cease to announce 2 million climate expenditure

MIAMI – Vice President Kamala Harris was in Miami Friday in which she announced that $562 million will be spent on 149 initiatives all over the state aimed at increasing resilience to threats these as increasing seas and the forms of coastal flooding that recently slammed the southeast section of the condition.

Harris outlined the funding prepare throughout an look at the University of Miami, in which she also toured a lab immersed in coral restoration function and a hurricane simulator capable of making Class 5-energy winds of much more than 157 mph.

Harris, who appeared in March at a

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