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Illustration: Ben Boothman In 1903, The New York Times predicted it would take between 1 million and 10 million years to develop airplanes. The Wright Brothers took flight just nine weeks later. In… 
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Shell is one of the largest energy companies in the world. Although many of us may associate it primarily with oil and gas, it has embarked on an ambitious energy transition agenda in a bid to move…
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Massachusetts’ highest court on Tuesday rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its fossil fuels pl…
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In 2020, inflows into sustainable funds increased to $360 billion, up from just $30 billion in 20161—and this trend is showing no signs of slowing. “We’re starting to see an evolution in how investors think about sustainability,” says Sarah Kjellberg, head of U.S. sustainable ETFs at BlackRock. “It’s gone from niche to necessary, and we’re seeing growing interest from investors around the world
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A new study in Nature Sustainability incorporates the damages that climate change does to healthy ecosystems into standard climate-economics models. The key finding in the study by Bernardo Bastien…
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Finnish researchers have installed the world’s first fully working “sand battery” which can store green power for months at a time. The developers say this could solve the problem…
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For the first time since the second world war, U.S. inflation could hit 15% in 2022, as a perfect storm of events creates massive price increases. So says Saxo Bank, in its “outrageous” predictions for the year ahead. But the logic it sets out in its latest report does not seem so far fetched.
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December 7, 2021 10:06 PM
Although this article mentions several times that the predictions of this Saxo Bank are "outrageous", it's predictions are still really scary and probably spot on, just maybe not in the time frame they've set. The thought of inflation going up by that much in just a year is almost hard to believe and yet their reasoning for the 15% prediction makes logical sense and could easily happen. It's kind of crazy to think about all the repercussions that could occur if inflation went up by that much especially in just one year and how much our daily lives could be affected by just next year. The thought of another arms race is also terrifying to be a possibility at all, even if it doesn't happen in 2022 or even 2023.
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Across China and Western Europe in July, the amount of rain that might typically fall over several months to a year came down within a matter of days, triggering floods that swept entire homes off …
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