Climate Risk & Economics
Is natural gas still a financial no-brainer?
For more than a decade, natural gas has been promoted as a “bridge fuel” in the energy transition. But the choice comes with both an economic and environmental compromise.
Climate Risk & Economics
For more than a decade, natural gas has been promoted as a “bridge fuel” in the energy transition. But the choice comes with both an economic and environmental compromise.
Climate Risk & Economics
Household bills are rising everywhere. While inflation and geopolitics often take the blame, extreme weather, supply disruptions, and energy market shifts are increasingly shaping the price of everyday essentials.
Climate Risk & Economics
The UEFA Euro 2024 football tournament has been the talk of the town. A big tournament like this has an extra responsibility to showcase its commitment to green initiatives, but will the competition live up to its promise?
Climate Risk & Economics
During COP28, countries agreed to triple renewable energy capacity by 2030. As these goals transform into more concrete plans, investments in renewable energy are anticipated to rise substantially, providing an opportunity for companies to hire for major renewable energy jobs.
Climate Risk & Economics
Europe still hasn’t fully recovered from the horror of the floods that claimed more than 200 lives across Germany, Belgium, and the Netherlands in 2021. Again, in the last few weeks, floods have hit parts of Germany and Italy, but the effects of El Niño may not be the only culprit.
Climate Risk & Economics
As the global economy continues to expand, there's a growing demand for an increased reliance on renewable sources. However, hot summers make popular renewables such as wind energy less efficient, which is a huge disadvantage.
Energy Crisis
In 2022, the supply chain disruptions caused by Ukraine’s invasion increased coal production around the world by 8.2%. Over 70% of the coal mining happened in Asia, with China and India leading the production.
Climate Risk & Economics
The digitalization of modern life and innovative technologies has completely transformed the way people shop. However, this significant increase in e-commerce logistics also comes with some hidden environmental costs.
Climate Risk & Economics
When boilers operate at high temperatures, oxygen interacts with nitrogen from the air and the fuel used, resulting in the formation of nitric oxide (NO) and nitrogen dioxide (NO2), collectively known as nitrogen oxides (NOx).
Climate Risk & Economics
A recent Deloitte study believes that about 90% of Gen Zs and millennials actively seek to reduce their environmental footprint, yet only 18% believe their employers have a strong commitment to addressing climate change.
Climate Risk & Economics
Even though there's a critical need to cut carbon emissions, the integration of decarbonization into a supply chain strategy is still limited. Industries face an ongoing challenge in balancing supply and demand, calling for immediate attention.
Climate Risk & Economics
Achieving net zero emissions by 2050 will require businesses to decarbonize and spend approximately USD 275 trillion on physical assets over the next three decades. This amounts to around 7.5% of global GDP annually for the same period.