The UN Intergovernmental Panel on Climate Change (IPCC) has released a new report providing multiple options for how the world can survive and adapt to climate change.
"The climate time bomb is ticking," said U.N. Secretary-General António Guterres in a press release. "But today's IPCC report is a how-to guide to defuse the climate time bomb. It is a survival guide for humanity."
The IPCC's Synthesis Report is the most comprehensive document from the agency since the 2015 Paris Agreement and is intended to serve as a set of guidelines for governments around the world to keep warming within 1.5°C.
The agency stressed that carbon emissions have only increased since the agency established that temperature limit in 2018. Global temperatures are currently 1.1°C above pre-industrial levels, which the agency said has caused more frequent and intense extreme weather events around the world.
"Mainstreaming effective and equitable climate action will not only reduce losses and damages for nature and people, it will also provide wider benefits," said IPCC Chair Hoesung Lee. "This [report] underscores the urgency of taking more ambitious action and shows that, if we act now, we can still secure a liveable sustainable future for all."
The UN panel is calling for "climate resilient development" to reduce emissions and increased investment in developing clean energy sources and new transportation options that emphasize walking, cycling, and public transport.
"Transformational changes are more likely to succeed where there is trust, where everyone works together to prioritize risk reduction, and where benefits and burdens are shared equitably," Lee said. "We live in a diverse world in which everyone has different responsibilities and different opportunities to bring about change. Some can do a lot while others will need support to help them manage the change."
Space travel is growing rapidly, and one billionaire businessman has purchased three SpaceX flights in order to push the industry forward. The Polaris Dawn, the first of three flights, will launch later this year, and its crew will conduct the first commercial spacewalk after they've reached the highest orbit in over 50 years. Jared Isaacman, Polaris Program Mission Commander and Founder & CEO of Shift4, joins Closing Bell to discuss the Polaris program's mission, when the first launch will happen and what it will entail, balancing his business with space exploration efforts, charitable efforts with St. Jude Children's Research Hospital, and more.
The most recent quarterly report from American Clean Power reveals the U.S. surpassed more than 200 gigawatts of total operating utility-scale clean power capacity in 2021. While it is a great milestone, significant policy issues have continued to slow growth for the industry and threaten our country's ability to meet emissions goals. John Hensley, VP for Research and Analytics at American Clean Power, joined Cheddar News to discuss more.
Cann, a cannabis-infused beverage company, announced today a $27 million Series A funding round from existing investors like Imaginary Ventures and a roster of new celebrity investors including Nina Dobrev, Adam Devine, Zoey Deutch, Jordan Cooper, Sara Foster, and Rosario Dawson. Cann is also announcing its first international expansion with the brand's launch in Canada. Jake Bullock, co-founder and CEO of Cann, joins Cheddar News' Closing Bell to discuss.
By 2050, nuclear power share of total energy consumption will dip to just 3.7% down from the already measly 4.5% it is today, according to the U. S. Energy Information Administration. However, a group of world powers including the U.S. and Japan is looking to reverse the trend. John Kotek, SVP of Policy Development and Public Affairs at the Nuclear Energy Institute, joined Cheddar News to discuss.
Scientists say the fossil of a 170-million-year-old pterosaur, billed as the world’s best-preserved skeleton of the prehistoric winged reptile, has been found on the Isle of Skye in Scotland.
Equip is a virtual treatment platform for eating disorders, and recently raised $58 million in a Series B round led by The Chernin Group. The company aims to revolutionize treatment for eating disorders by delivering virtual care teams and clinical expertise directly to families' homes. Equip says the need for its platform has only been exacerbated by the COVID-19 pandemic. The National Eating Disorder Association's helpline has had a 107% increase in contacts since the start of the pandemic. Kristina Saffran, CEO and co-founder of Equip, joins Cheddar News' Closing Bell to discuss.
Tonga's main internet connection to the rest of the world has finally been restored more than five weeks after a huge volcanic eruption and tsunami severed a crucial undersea cable.
Hank the Tank strikes again. The 500-pound black bear that has damaged more than 30 properties around Lake Tahoe last week broke into yet another home in its endless quest for a quick meal.
