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“Situation is extremely dangerous” warns former UN Environmental Director | ticker VIEWS

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Former UN Environmental Director and climate activist Svein T Veitdal warns the climate crisis needs immediate action

Svein T Veitdal is a global expert and activist on climate change, renewable energy & nature. He is a former UN Director and is now the Director of Klima 2020. Based in Norway, Svein says “we still have hope and possibility, but we have to act extremely fast.”

“I think everybody understands that the situation is extremely dangerous for future generations. There is no doubt about that anymore. There is one recipe that works. That is to take the source to the problem. Which is the fast reduction of emissions. And that means cutting down on fossil energy production.”

Svein T Veitdal, former UN Director, climate activist

Nordic countries lead the way on climate action

The recent IPCC climate report sent a stark climate science warning around the world. Now, more extreme weather events are wreaking havoc across Greece, the United States.

Nordic countries like Norway, Sweden, and Denmark are showing great leadership when it comes to climate change action. Now, more than 50%, of all new cars sold in Norway are fully electric, with no hybrids.

Norway is focusing on subsidising, with free parking, no road tolls, and a growing network of charging stations.

 “So we are not more environmentalists than other countries, it’s just to do it like this and it will happen everywhere. So that’s a way to speed up the transition. But now, we are starting to withdraw the benefits because now the market works and we can withdraw the benefits.”

Svein T Veitdal, former UN Director, climate activist

Norway also leads the way for remarkable hydrogen opportunities. More than 95% of their energy is renewable, mainly from hydrogen.

“We definitely continue to invest in hydrogen and hydrogen development”

Svein T Veitdal, former UN Director, climate activist

However, while Norway is leading in so many ways Veitdal insists Norway can also be seen as hypocritical. He says in comparison to Sweden and Denmark, Norway has only reduced its emissions by 4% since 1990.

” Norway is not willing to set an end date to oil and gas and we are even subsidising to look for new areas. And we are going against the advice to the Secretary-General in the UN and also the new report from the International Energy Agency.”

“Our neighbours have done much better.”

Svein T Veitdal, former UN Director, climate activist

Cop26 Glasgow

The 2021 United Nations Climate Change Conference, also known as COP26, is fast approaching. It’s scheduled to be held in the city of Glasgow, Scotland between 1 and 12 November 2021.

Glasgow will potentially be one of the most important global climate discussions of all time. Action must happen now before it’s too late.

“It’s super important because maybe it’s the last chance we have to reach global climate goals. I don’t think we will make the 1.5 goals but what is needed is an agreed plan to phase out fossil energy production and increased renewable energy production much faster than what is happening today.”

“We need to reduce emissions by 10% a year until 2030.”

Svein T Veitdal, former UN Director, climate activist

“We now have almost 80% of the world’s emissions covered by net-zero pledges – up from about 20% in 2019. AUS still has a target set in 2015”

Scott Hamilton, Energy expert & ticker climate co-host

 

Veitdal has attended most of the climate conferences in the past and says Australia’s track record is not great. He believes Australia is a victim of climate change to forest fires, heatwaves, and the downgrading of the Great Barrier Reef.

Veitdal warns if Australia doesn’t pick up its game, it will lag behind, lose a lot of green business opportunities and suffer more from the impact.

“It looks like you have failed to act to protect your people from I think, maybe the greed of the fossil fuel industry before sea lobby, the coal lobby is probably too strong.”

“Even if you have excellent conditions for renewable energy production, it looks like the shift is coming slower to Australia than the rest of the world.”

“Australia must leave fossil energy behind that’s your solution, that will be successful to the people and to the world.”

Svein T Veitdal, former UN Director, climate activist

Watch this week’s full episode here: https://originals.tickernews.co/category/climate/

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FBI hunts assassin who shot Charlie Kirk at Utah Valley University

Charlie Kirk, conservative influencer, shot dead at 31 during speech at Utah Valley University, prompting ongoing manhunt for suspect

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Charlie Kirk, conservative influencer, shot dead at 31 during speech at Utah Valley University, prompting ongoing manhunt for suspect

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In Short:
– Federal authorities are investigating the shooting of Charlie Kirk, who was killed at Utah Valley University.
– A manhunt for the actual shooter is underway; two men have been questioned and released without charges.
Federal authorities are investigating the shooting of conservative influencer Charlie Kirk, who was killed while speaking at Utah Valley University.
The incident occurred around 12:20 PM when Kirk was shot in the neck, leading to a chaotic scene as attendees fled. Kirk, a father of two, died shortly after being taken to a local hospital.Investigators believe the shooter fired from a building approximately 200 yards away.

During the aftermath, two men, one of whom claimed to have fired the shot, were taken into custody but later released without charges. A manhunt is ongoing for the actual shooter.

Utah Governor Spencer Cox stated that those responsible will be held accountable, outlining the state’s commitment to justice.

President Donald Trump condemned the political climate surrounding Kirk’s death, blaming extreme rhetoric and violence.

In a statement, he remembered Kirk as a patriot who advocated for open debate. Following the incident, vigils were held nationwide, and classes at the university have been cancelled.

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Ongoing Investigation

As investigations continue, American flags will fly at half-staff until Sunday in honour of Kirk.

“I want to be very clear that this is a political assassination,” Utah Governor Spencer Cox, a Republican, told a news conference.

“And I just want to remind people that we still have the death penalty here in the state of Utah.

The Utah Department of Public Safety said that its State Crime Lab was “working with multiple active crime scenes”.

“These were identified based on where the victim was shot, as well as the locations where the suspect and victim travelled,” a department statement said.

“The shooting is believed to be a targeted attack. The shooter is believed to have fired from the roof of a building down to the location of the public event in the student courtyard.”

Eyewitness account

Attendee Tiana Lao said the shooting came as a shock in what otherwise felt like an= normal event.

“We didn’t realise it was real at first and then everyone began rushing out, shouting to get down in panic and distress,” she told ABC News.

“People were excited. There were some opponents like there usually are at these events … but they were peaceful, so this was a total shock.”


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Who was Turning Point USA founder Charlie Kirk?

Conservative activist Charlie Kirk assassinated at Utah university, leaving a significant void in U.S. conservative politics. #BreakingNews

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Conservative activist Charlie Kirk assassinated at Utah university, leaving a significant void in U.S. conservative politics. #BreakingNews


Conservative activist Charlie Kirk has been assassinated while speaking at a Utah university, sparking shock and grief across America.

Known as the founder of Turning Point USA, Kirk became a leading voice in the MAGA movement, shaping conservative youth politics and energising Donald Trump’s base.

His sudden death leaves a major void in the U.S. conservative landscape.

#CharlieKirk #TurningPointUSA #USPolitics #BreakingNews #TickerNews


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Oracle stock surges, pushing Ellison toward richest title

Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

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Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

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In Short:
– Oracle shares rose 43% to $345.69, nearing a trillion-dollar valuation after multi-billion-dollar contracts were announced.
– Co-founder Larry Ellison’s net worth increased to $392.6 billion, making him a contender for the world’s richest person.
Oracle shares surged 43% to a record high of $345.69, putting the company close to joining the trillion-dollar club.
This spike follows the announcement of four multi-billion-dollar contracts on Tuesday, indicating a shift towards increased computing capacity necessary for AI development.Banner

The surge boosts co-founder Larry Ellison’s net worth to approximately $392.6 billion, making him a contender for the world’s richest person, currently held by Elon Musk at $439.9 billion.

Oracle expects to see a market valuation around $913 billion if gains hold, contributing an additional $234 billion.

Market Dynamics

Oracle’s significant contracts include one with OpenAI for about $300 billion in computing power over five years.

The partnership is critical as Oracle aims to expand its market share, currently dominated by Microsoft, Amazon, and Google, which collectively hold 65%.

The company also supports AI startups, including xAI, founded by Musk, affirming its essential role in upcoming large-scale AI infrastructure projects, projected to reach $500 billion.


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