Gizmodo: “Amazon, one of the first companies to join the prestigious $1 trillion dollar valuation club, just passed another, admittedly less desirable milestone. This week, Jeff Bezos’ Everything Store became the first publicly traded company to lose $1 tillion in market valuation. The mind boggling figures, first noted by Bloomberg, are the results of a… Continue Reading
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Category Archives: Economy
DOJ and SEC Investigating FTX Collapse as Entire Crypto Market Plunges
Gizmodo: “The Department of Justice and Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the Wall Street Journal. And while the SEC’s investigation has reportedly been going “for months,” the agency’s scrutiny has only expanded this week following the liquidity crisis at… Continue Reading
New Database Eases Release of Judges’ Finance Reports
United States Courts: “A new free public database of federal judges’ financial disclosure reports (FDRs), including periodic transaction reports (PTRs), was launched today by the Administrative Office of the U.S. Courts. Once users register in the new database, they can access an electronic version of federal judges’ reports. The new database design allows members of… Continue Reading
Federal Reserve Board – Financial Stability Report
Financial Stability Report November 2022 – “This report presents the Federal Reserve Board’s current assessment of the stability of the U.S. financial system. By publishing this report, the Board intends to promote public understanding by increasing transparency around, and creating accountability for, the Federal Reserve’s views on this topic Financial stability supports the objectives assigned… Continue Reading
Eight warmest years on record witness upsurge in climate change impacts
World Meteorological Association: “The past eight years are on track to be the eight warmest on record, fuelled by ever-rising greenhouse gas concentrations and accumulated heat. Extreme heatwaves, drought and devastating flooding have affected millions and cost billions this year, according to the World Meteorological Organization’s provisional State of the Global Climate in 2022 report.… Continue Reading
Climate change: No ‘credible pathway’ to 1.5C limit
27 October 2022 – Emissions Gap Report 2022 – Authors: UNEP – Download the full report – “As growing climate change impacts are experienced across the globe, the message that greenhouse gas emissions must fall is unambiguous. Yet the Emissions Gap Report 2022: The Closing Window – Climate crisis calls for rapid transformation of societies… Continue Reading
Countries’ climate pledges put unrealistic demands for land ahead of emissions reductions
“Countries favour risky tree-planting schemes over protecting, restoring and sustainably managing the forests we already have standing, with research showing national carbon plans requiring a land area larger than the size of the US, or almost four times the land area of India. A new study released today is the first to calculate that countries… Continue Reading
The Rising Tide of Global Sadnes
The New York Times: “…The researchers Charlotte Brand, Alberto Acerbi and Alex Mesoudi analyzed more than 150,000 pop songs released between 1965 and 2015. Over that time, the appearance of the word “love” in top-100 hits roughly halved. Meanwhile, the number of times such songs contained negative emotion words, like “hate” rose sharply. Pop music… Continue Reading
First Street Foundation Partners with Fannie Mae to Deliver Climate Risk Insights
“Today, science and technology nonprofit First Street Foundation announced that Fannie Mae will use their high resolution, property parcel level, climate adjusted risk data to run internal research related to physical climate change impacts to the mortgage market. The data enables Fannie Mae to engage in highly granular analysis of property risk exposure to perils… Continue Reading
Microsoft President Wants More Training for Workers to Fight Climate Change
Bloomberg via Yahoo – “Microsoft Corp. President Brad Smith is calling for companies, schools and governments to dramatically increase training workers for new and redesigned roles tackling the climate crisis. The software giant, which has pledged to remove more carbon than it emits by 2030, says the lack of skills in areas like carbon accounting,… Continue Reading
Wharton, Berkeley, NYU Offering Online M.B.A.s for the First Time
WSJ: “Starting next year, executive M.B.A. students at the Wharton School of the University of Pennsylvania can earn the $223,500 degree from their living rooms. After years of resistance, some of the country’s top business schools are starting virtual M.B.A. programs that require only a few days of in-person instruction. Wharton and Georgetown University’s McDonough… Continue Reading
Net Zero and Beyond: A Deep-dive on Climate Leaders and What’s Driving Them
South Pole’s 2022 net zero report took a closer look at over 1,200 private companies across 12 countries and 15 sectors with a sustainability or corporate social responsibility lead to get an indication of how some of the more climate-aware companies in the market are progressing (or not) on their net zero journey today. Among… Continue Reading
