Climate Damage To Hit $38trn - The Economy Needs Action Now

I write about innovation, finance, energy, climate ... s time to act. Global income to be cut by a fifth Even if CO2 emissions were to be drastically cut down starting today, the world economy ... Read More

Our global economy’s real problem is almost laughable

The story of the global economy in 2024 seems a bit ... this veneer of optimism barely covers the underlying realities of a world that’s increasingly fraught with division, danger, and disparities. Read More

Climate and Environment

By Christopher Flavelle and Nadja Popovich As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose It’s not just California and Florida now: Insurers are losing money around ... Read More

New National Climate Plans Must Act As Economic Strategies

Country climate plans, the so-called nationally determined contributions that nations must submit under the Paris Agreement, should not simply be decarbonization ... Read More

What’s Wrong With the Economy? It’s You, Not the Data

When it comes to the economy, the vibes are at war with the facts, and the vibes are winning. This is obviously bad news for President Biden’s re-election hopes. He can’t exactly tell voters ... Read More

Global Warming News

May 14, 2024 — The latest 'Florida Climate Resilience Survey' found that ... than the coldest summer during the same ... Today's World: Fastest Rate of Carbon Dioxide Rise Over the Last 50,000 ... Read More

America’s Economy Is No. 1. That Means Trouble.

The U.S. economy—by many measures—is doing great ... the U.S. will account for 26.3% of the global gross domestic product, the highest in almost two decades. That’s based on the latest ... Read More

Economy News

An economy is an area of production, distribution, trade and consumption of goods and services by different agents. Any given economy is a product of current and past culture, technology ... Read More

The U.S. economy hasn’t been on a hot streak like this in two decades

The U.S. economy is guilty of speeding. After another burst of growth in early 2024, the economy is on track to expand by at least 2% for the seventh quarter in a row. Just how impressive an ... Read More

Here's the Real Reason the Global Economy is Slowing Down

global economic growth is at a standstill -- at best. So, what is happening? The Financial Times recently had this to say about the U.S. (the world's largest economy): "Economists warn of ... Read More

China's economy grew 5.3% in first quarter, beating expectations

China’s economy expanded at a faster than expected pace in the first three months of the year, helped by policies aimed at stimulating growth and stronger demand, the government said Tuesday. Read More

Economy News

and any applications for relief are now paused. "The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdown," Carson Group said. New York offers the worst ... Read More