This section explores how climate change, the energy transition, decarbonisation, and sustainability are reshaping businesses and the global economy, highlighting key topics such as climate risk, renewable energy jobs, supply chain resilience, net zero strategies, and industrial decarbonisation.
Climate Risk & Economics
The Cumbre Vieja volcano on Spain's La Palma Island, which exploded on September 19, 2021, for the first time since 1971, gained worldwide attention. It lasted for 85 days and caused the fire to scorch more than 2,000 acres of land, resulting in an evacuation of around 7,000 people.
Climate Risk & Economics
Some commonly used heating systems are heat pumps, boilers, natural gas furnaces, and electric baseboard heaters. They all have varying efficiencies, costs, and emissions. In comparison, heat pumps have higher installation costs but they come with the benefit of lower operating costs.
Climate Risk & Economics
On 22nd March 2022 in Berlin, Elon Musk danced as he officially opened Tesla’s first manufacturing plant in Europe, worth $5.5 billion. The factory is expected to produce up to 500,000 vehicles annually and provide approximately 12,000 jobs.
Climate Risk & Economics
Last week, many Spaniards woke up to find dust covering their balconies, streets, and cars. The visibility in the capital city, Madrid, reduced to 2.5 miles. By the middle of the week, the dust reached as far as Central Europe and by the end of the week to Northern Europe.
Climate Risk & Economics
Polyglutamic acid (PGA) is a naturally occurring polymer that is extensively being used in the food and medical field due to its exceptional benefits to humans and the environment.
Climate Risk & Economics
Nuclear energy always brings an opposing opinion. I remember in one of my Master's courses when I had to write an essay on ‘For or Against’ Nuclear energy, I was more tilted towards ‘Team Against’ just because the horrific photos from the Fukushima disaster were still fresh on my mind.
Climate Risk & Economics
Going out of the house without a mask feels strange now, doesn’t it? COVID-19 has drastically changed the way we live our life. However, being an Environmentalist, I couldn’t help but think about the impact on our environment our new lifestyle may have caused.