Modern economies are enabled by the industrial production of essentials materials, a process that is often accompanied by substantial carbon dioxide emissions. In 2020, the industrial sector was responsible for 36% of global final energy consumption, with the majority of this energy derived from fossil fuels. Consequently, the industry is accountable for one-fourth of global en ...
Climate
Rainforests at risk: can economics provide the solution?
Rainforests, the lush green giants of our planet, not only harbor unparalleled biodiversity but also serve as vital natural carbon sinks. This article delves into the process by which rainforests act as colossal carbon absorbers, the critical role of three major rainforest regions, and the alarming consequences of deforestation on global carbon emissions. How do rainforests ...