Japanese Rocket Takes Off for Moon After Troublesome Year
A Japanese rocket bound for the moon took off early Thursday, offering relief to a battered national space
2023-09-07 11:45
Barclays Warns of ESG Bond Risk Few Creditors Are Pricing Right
Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to
2023-09-04 16:56
How Richard Mille Watches Became Code for Extravagant Wealth
A Richard Mille Co. watch is a powerful symbol of wealth for anyone who’s in-the-know enough to recognize
2023-08-29 16:55
Crypto ETF Drags ‘ESG’ Into Wildly Volatile World of Bitcoin
A London-based money manager has just attached an ESG label to a Bitcoin exchange-traded fund, in a move
2023-08-29 15:50
Billion-Dollar Satellite Risks Upending Space Insurance
Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for
2023-08-29 05:47
Junk Offsets Are Feeding Wave of Greenwashing, Study Shows
Corporations relying on carbon credits to support their green claims now face “robust and credible” proof that the
2023-08-25 17:51
Musk Told Pentagon He Spoke to Putin Directly, New Yorker Says
Elon Musk told Pentagon officials during a call about the satellite-based internet that SpaceX supplies to Ukraine’s military
2023-08-22 01:55
Bezos’ Blue Origin Methane Emissions Were Spotted by the Space Station
Methane, a powerful greenhouse gas, is thought to be responsible for more than a quarter of global warming
2023-08-21 19:17
Maui Fire Lays Bare Utility Missteps Mirrored Across the Country
When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s
2023-08-20 03:47
US Warns Space Industry of Growing Risks of Spying and Satellite Attacks
The US intelligence community is warning the domestic space industry of the growing risk of espionage and satellite
2023-08-19 03:49
Alberta Will Never Comply with Federal Clean Power Grid Plan, Premier Vows
Alberta will never comply with a Canadian government plan to phase out carbon emissions from power generation by
2023-08-15 09:53
Experts have pinpointed exactly when society will collapse
A prediction about when society is most likely to collapse, made by scientists in the 1970s, has resurfaced – and it looks pretty bleak. Scientists at the Massachusetts Institute of Technology (MIT) used a computer to model patterns like population, natural resources and energy usage. The study, published by Club of Rome, picked out when these factors could hit “limits to growth”, which they said could lead to the downfall of modern life as we know it. They think we’ve got fewer than two decades left, with collapse due in 2040. Gulp. Sign up to our free Indy100 weekly newsletter At the time, the report wasn’t given much credence. But a similar study was carried out in 2009, and came up with similar results. Published by American Scientist, the more recent study found that the model’s results were “almost exactly on course”. "It is important to recognise that its predictions have not been invalidated and in fact seem quite on target. We are not aware of any model made by economists that is as accurate over such a long time span," the study said. And to make matters worse, Dutch sustainability researcher Gaya Herrington concurred with the prediction in 2021. Speaking to The Guardian, Herrington said: “From a research perspective, I felt a data check of a decades-old model against empirical observations would be an interesting exercise.” Herrington found that data aligned with the predictions made back in 1972, which had a worse case scenario of economic growth coming to halt at the end of this decade, and collapse around 10 years later. Thankfully, there was a reason to be cheerful too. She added: “The key finding of my study is that we still have a choice to align with a scenario that does not end in collapse. "With innovation in business, along with new developments by governments and civil society, continuing to update the model provides another perspective on the challenges and opportunities we have to create a more sustainable world.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-14 19:20