QUICK NEWS, September 10: The Dollar Cost Of Climate Change; Unlimited New Energy By Recreating Photosynthesis
The Dollar Cost Of Climate Change Most economic forecasts have a big blind spot: Climate change
Lydia DePillis, August 17, 2018 (CNN)
“…[A growing body of research by economists and climate scientists shows that extreme weather worsened by climate change will increasingly] weigh on economic growth…The most recent study to quantify the economic impact of the carbon emissions that spur climate change…found that every one degree increase in average summer temperatures decreases annual state-level output growth by between 0.15 and 0.25 percentage points…That snowballs over time. If meaningful action isn't taken to curb emissions, [cumulative US economic growth across a range of industries] will be a third lower than it would otherwise have been by the end of this century — or sooner, if warming accelerates even faster [than expected, according to Federal Reserve Bank of Richmond economists. Wall Street analysts] don't obsess about climate change like they do about the impact of tax cuts or tariffs…[But climate impacts on growth could be significant on some closely watched forecasts, like the Congressional Budget Office’s ten-year outlook]…” click here for more
Unlimited New Energy By Recreating Photosynthesis Scientists invent way to create 'unlimited renewable energy'
Lauren Tousignant, September 8, 2018 (New York Post via Fox News)
“…[Scientists have not been able to develop artificial photosynthesis, the process by which plants turn light into energy], on a scale large enough to support an industrial level, or that could operate without the use of expensive or polluting devices…Semi-artificial photosynthesis, a relatively new field of study, aims to address those concerns by combining manmade technologies with biological processes in order to mimic nature’s method of splitting water into oxygen and hydrogen…[University of Cambridge researchers used a new process to increase the work of] an enzyme found in algae called Hydrogenase, which improves the amount of energy that’s produced and stored. It] will enable new innovations in the world of renewable energy…” click here for more