Posts Tagged ‘The Energy Mix’
Climate Inaction Would Cost $178 Trillion by 2070, Deloitte Warns
This article was originally published in The Energy Mix on May 29, 2022. Business-as-usual inaction on climate change could cost the world’s economy US$178 trillion by 2070, while a concerted and collaborative global push for net-zero could see $43 trillion in economic growth over the same period, says a new report from the Deloitte Center…
Read More$22-Trillion Time Bomb’ Ahead Unless Banks Drop High-Carbon Investments, Moody’s Warns
This article was originally written and published by The Energy MIx on November 28, 2021. Financial institutions are facing a US$22-trillion time bomb due to their investments in carbon-intensive industries, Bloomberg News reports, citing a study last week by Moody’s Investment Services. “Unless these firms make a swift shift to climate-friendly financing, they risk reporting…
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