The link between c02 and rising temperatures is well established and this year Global Temperatures got an extra boost thanks to el nino, which brings warmer water to the surface of parts of the tropical pacific. That explains why february was 1. 77 degrees warmer than preindustrial temperatures, and why global average temperatures hit a record 1. 55 degrees above preindustrial levels over the last 12 months. It means we have temporarily at least breached the 1. 5 degrees threshold the world agreed to try and limit temperature rise to, to avoid the worst impacts of Climate Change. February 2024 was the warmest february on record globally, with an average temperature of 13. 54 degrees, above the 1991 2020 temperature. While this is remarkable, because, for instance, it is a tenth of a degree warmer than the warmest previous february, which was 2016, its not really surprising, because this has been the el nino year, where temperatures tend to be warmer than usual, and more importantly, we
volatile fuel and energy prices and the numbers remain higher things to persistently high housing costs. combating inflation, higher interest rates make it more expensive to borrow money and that is supposed to attempt on spending which should pay runaway prices. president biden prays the data is good news and called on corporations to pass savings on to consumers and press return to normal, that means hoarding interest rates steady and as of the expected to do on wednesday. what investors really want to know is when they think will be time to cut rates and will almost never wait and hope for next year. there will almost have to wait and cut for next year. and china, the economy is calling for the deflation as prices and deepening property crisis, credit ratings agencies been, rivalagencies crisis, credit ratings agencies been, rival agencies fit and also the credit rating of the lawmakers flirted with the default as they wrestled over nation debt limit. chief asia economi
Over half of the world’s GDP is moderately or highly dependent on nature and its economic services. Yet, human activity continues to push the climate and natural ecosystems towards irreversible tipping points. The 2022 Global Risks Report ranks climate action failure, extreme weather events, biodiversity loss and ecosystem collapse as the top 3 most severe .
COVID may yet have a silver lining for airline passengers, bringing forward new technology that could make the whole process from leaving your home to emerging .