Equilibrium / Sustainability – Climate change may be coming for Sriracha sauce

Equilibrium / Sustainability – Climate change may be coming for Sriracha sauce

Spice lovers are bracing for a shortage of Sriracha sauce that experts say is likely due in part to the effects of climate change on chili peppers. The green-capped, bright red product, whose popularity NPR described as “something of a cult following,” is beginning to disappear from supermarket shelves. The company that produces Sriracha, Huy … Read more

US government gives $ 3.5 billion to carbon capture program

US government gives $ 3.5 billion to carbon capture program

The US federal government will dole out $ 3.5 billion for a carbon capture project to attempt to minimize the damage of climate change. In a statement released on Thursday, the U.S. Department of Energy announced the massive financial investment into a “program to capture and store carbon dioxide (CO2) pollution directly from the air.” … Read more

Opinion: The gathering stagflationary storm will rattle markets, economies and societies

Opinion: The gathering stagflationary storm will rattle markets, economies and societies

NEW YORK (Project Syndicate) – The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a series of negative aggregate supply shocks that have curtailed production and increased costs. This should come as no … Read more

The news coming from this giant volcano is even more gloomier than the new forecasts from the IMF and World Bank

The news coming from this giant volcano is even more gloomier than the new forecasts from the IMF and World Bank

Investors love looking at esoteric indicators for clues on how the economy is performing, and therefore how stocks, bonds and other assets will trade. How about looking at carbon dioxide emissions? There may be a political agreement to reduce emissions but that’s an effort phased in over many years. Any sudden changes are more likely … Read more