A massive deployment in renewable power production in 2023 wasn’t enough to prevent another record high for global carbon dioxide emissions.
That’s according to the latest data from the International Energy Agency, which shows the green energy boom has blunted — but not yet reversed — the annual increase in planet-warming gases.
Energy-related CO2 emissions rose 1.1% to 37.4 billion metric tons last year. That represented an increase of 410 million tons, down from a increase of 490 million the year before.
One major contributor to the degree of last year’s increase in emissions was extreme drought, which cut the capacity of hydropower production in countries including China and the US. Climate change is set to make droughts more common and severe, undermining the reliability of one of the world’s biggest sources of renewable power.
Still, sources including wind, solar and nuclear power are helping to make a dent in the use of fossil fuels.
“Without clean energy technologies, the global increase in CO2 emissions in the last five years would have been three times larger,” the Paris-based IEA said.
Medicare scam, pandemic benefit theft, offshore tax evasion — federal prosecutors are casting a wide net.
Report finds that pension income acts as a financial lifeline for retirees facing late-life shocks and raises urgent questions about the DC-only future.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
