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Mar. 15, 2021
After years of neglecting the issue of climate change, Israel has launched a government-funded initiative, under the auspices of the Environmental Protection and Interior Ministries, encouraging several municipalities to pursue climate change initiatives.
The initiative allocates 2 million shekels ($600,000) to hire experts who will assist the municipalities in drafting plans to fight the effects of climate change. The plans should include steps to curbs greenhouse gases, as well as address the growing dangers of heavy downpours, extended periods of heatwaves and rising sea levels.
A pilot program for the initiative will last about a year. At the end of this preliminary stage, the National Infrastructure, Energy and Water Ministry has committed to provide additional funding to help municipalities implement their plans. However, the necessary and expensive infrastructure projects, will require larger sums to complete – more than the amount any one ministry
Poised on the cusp between economic and climate disaster, and an amazing commercial opportunity, Gulf-based petroleum giants realize today that the golden age of oil is about to end, Dan Rabinowitz asserts in his new book. Is the era of green on the horizon?