‘Highway to climate hell’ – UN warns world leaders

Published

2 years ago

November 8, 2022

UN warns world leaders ‘we are on the highway to climate hell’

The UN Secretary General António Guterres has warned world leaders ‘we are on the highway to climate hell with our foot on the accelerator.’

The top official set the mood the annual climate conference, as leaders from almost every country in the world listened.

I have just warned global leaders at #COP27:

We are on a highway to climate hell with our foot on the accelerator.

Our planet is fast approaching tipping points that will make climate chaos irreversible.

We need urgent #ClimateAction.
— António Guterres (@antonioguterres) November 7, 2022

Presidents and Prime Ministers from around the world took to the stand, to pledge their climate promises and goals.

Many more will continue to speak over the coming week.

We need a Climate Solidarity Pact in which developed & emerging economies unite around a common strategy & combine resources to address the climate crisis.

The two largest economies – the USA & China – have a particular responsibility to join efforts to make this Pact a reality. pic.twitter.com/j7nDLkiVv5
— António Guterres (@antonioguterres) November 7, 2022

During the opening day of the summit, leaders clearly outlined the biggest threats to the climate, with a particular focus on the Ukraine war.

Climate promises

Newly-appointed UK Prime Minister Rishi Sunak pledged his country’s climate initiatives during the opening day of COP27.

At the COP27 Climate summit, UK leader Rishi Sunak took to the stand, telling world leaders the Ukraine war is a reason to act urgently on climate change.

“Putin’s abhorrent war in Ukraine, and rising energy prices across the world, are not a reason to go slow on climate change…They are a reason to act faster…Climate security goes hand in hand with energy security.”
rishi sunak – uk prime minister

The Prime Minister went onto say the climate battle can be a driver for new jobs and clean growth. He also announced over $300 million in climate innovation and financing.

Today I will join leaders from across the world at @COP27P.

For our children and grandchildren, we must deliver on the legacy of Glasgow and protect the future of the planet. pic.twitter.com/tfbukFRBBC
— Rishi Sunak (@RishiSunak) November 7, 2022

The conference is an opportunity for world leaders to discuss global efforts to reduce greenhouse gas emissions and keep global warming below 1.5 degrees celsius.

However, new data released by the World Meteorological Organisation revealed the planet has likely recorded its hottest eight years in history.

The impacts of climate change are here now, and the loss & damage they cause can no longer be ignored.#COP27 must agree on a clear, time-bound roadmap reflective of the scale and urgency of the challenge.

It's a moral imperative and a question of solidarity & climate justice pic.twitter.com/YEJXFd7QFF
— António Guterres (@antonioguterres) November 7, 2022

Elon Musk is projected to become the world’s first trillionaire

Published

7 hours ago

September 9, 2024

ticker NEWS

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

10 hours ago

September 9, 2024

ticker NEWS

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Leaders

Trump promises to slap unprecedented tariffs on foreign allies

Published

12 hours ago

September 9, 2024

ticker NEWS

Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending