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In 2023, the world witnessed a record-breaking 8,530 million tons of carbon burned, surpassing the 2022 record despite COP28 commitments. The European Copernicus Observatory had earlier warned that 2023 was likely to surpass 2016 as the warmest year. Carbon combustion, crucial for energy and industry, significantly contributes to rising CO2 emissions globally. While some scientists […]
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Federal Reserve Chairman Jerome Powell recently underscored the central bank’s deliberate approach towards adjusting monetary policy, signaling no immediate intent to lower interest rates. Speaking at a San Francisco event, he indicated that the current inflation data aligns with Federal Reserve expectations. He stressed the importance of achieving a stable trajectory towards the 2% inflation […]