Around the globe, there are 3.6 million individuals who every have greater than $5 million in wealth. Greater than 2,600 of these individuals are billionaires, with a complete mixed wealth of $13.76 trillion. If there have been an annual wealth tax on these people, a new report says, it could elevate $2.52 trillion a 12 months—sufficient to carry 2.3 billion ...

Because the begin of the pandemic, the wealthy have discovered methods to proceed getting richer. Forbes‘s latest Billionaires List reveals that the planet’s 10 wealthiest individuals—a gaggle of solely white Western males that features Elon Musk, Jeff Bezos, Invoice Gates, Mark Zuckerberg, and Warren Buffett—have doubled their fortunes since COVID-19’s begin, whereas the World Financial institution estimated that the pandemic ...

Local weather change is occurring, and it’s largely due to human actions that change the composition of the ambiance, which in flip interferes with the pure stream of vitality by the local weather system. Two greenhouse gases contribute most to this downside: carbon dioxide and methane. The result’s global heating. The repercussions of rising temperatures embrace heavier rains, stronger storms, ...

Tropical forests retailer monumental portions of carbon and are house to at least two-thirds of the world’s living species, so deforestation has disastrous penalties for local weather change and conservation. Bushes take in carbon dioxide as they develop, slowing its buildup within the environment—however when they’re burned or logged, they launch their saved carbon, fueling additional warming. Tropical forest loss ...

How a lot the world achieved at the Glasgow climate talks—and what occurs now—relies upon largely on the place you reside. In island nations which are dropping their properties to sea stage rise, and in different extremely weak international locations, there have been bitter capsules to swallow after global commitments to reduce emissions fell far short of the goal to ...

The 30 billion tons of concrete that the world makes every year have a large carbon footprint. Cement, the principle ingredient, is responsible for round 8% of global emissions—that means that if it have been a nation, it will be the third-biggest local weather polluter on the planet. A California-based startup referred to as Brimstone Energy has patented a new ...

As global warming engulfs the planet, the Middle East is changing into more and more uninhabitable. Dubai Design Week, which is at the moment going down, gives insights into how younger designers in the area try to adapt to a warmer future. At the Global Grad Present, the place design and structure college students share options for social and environmental ...

By 2040, each new car and truck offered in the U.Okay. shall be zero-emissions. The federal government is one of a number of to announce two new pledges at COP26 in Glasgow—one to section out fossil-powered vehicles and vans, and one other to transition to zero-emissions heavy-duty automobiles. In a single declaration, international locations pledged to “work in the direction ...

This weekend, G20 leaders signed off on essentially the most sweeping overhaul of the global tax system in a technology, agreeing to a global minimum corporate tax price of 15% in addition to enamel to forestall multinational firms from skirting it. Right here’s how the entire deal will work. What nations and corporations are affected by this deal? The deal ...

Over two weeks in November, world leaders and nationwide negotiators will meet in Scotland to debate what to do about climate change. It’s a posh course of that may be laborious to make sense of from the outdoors, nevertheless it’s how worldwide legislation and establishments assist resolve issues that no single nation can repair by itself. I labored for the ...