Davos 2020: Global business and investing at ‘tipping point’

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

“We argue that the intervention time left to prevent tipping could already have shrunk towards zero, whereas the reaction time to achieve net zero emissions is 30 years at best.”

paper, Stanford University professor Charles Jones said there is a “distinct possibility” that global population will decline rather than stabilise in the long run, threatening economic growth.The world faces a sweeping series of climate-related tipping points — from melting ice caps to droughts and dying coral reefs. Nature magazinein November collated the risks, which it described as a climate emergency that will compel political and economic actions on emissions.

The international effort to rein in fossil fuel pollution took a knock in December after marathon UN talks watered down language on issues they had agreed on in previous years.This means renewable energy such as solar and wind, plus electric vehicles, are going to soar up the policy agenda at the cost of fossil-fuel-gurgling vehicles. Big Oil executives believe that peak oil demand is likely in the late 2030s.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank signals second rate cut likely in 2020The 25-basis-point cut, which takes the repo rate to 6.25%, comes as SA’s economy struggles to grow and inflation consistently surprises on the downside 🔒 The Bank must be Nationalized finish and klaar.
Source: BDliveSA - 🏆 12. / 63 Read more »

Sasol starts 2020 with a bang and a crackerAfter an explosion at its US Lake Charles Chemicals Complex, things can only get better
Source: BDliveSA - 🏆 12. / 63 Read more »

Bonang hangs out with Jack Dorsey at Twitter 2020 conference“The man who created this social media network that we can't stay off of.”
Source: TimesLIVE - 🏆 28. / 59 Read more »

Early arrival gives SA netball team an advantage in their first match for 2020Sport | Heading to England early has put the national netball team at an advantage ahead of its first international match this year
Source: City_Press - 🏆 7. / 72 Read more »

Ethiopia to build new $5bn airport in 2020“Bole Airport is not going to accommodate us; we have a beautiful expansion project.” From 19 million to 100 million passengers per year. An African hub. In Africa, certain countries should lead in certain things and others support (with undoubted benefits being derived). AU And SA going nowhere fast. While some people are looking for bailouts and selling fleet..... They messed up the carrier 🤦‍♂️
Source: BDliveSA - 🏆 12. / 63 Read more »

Lotto and Lotto Plus results, Saturday, 18 January, 2020May the odds ever be in your favour.
Source: TheCitizen_News - 🏆 6. / 75 Read more »