Search results
Results from the WOW.Com Content Network
In 2021, Brazil's worst drought in almost a century threatened its electricity supply. [6] [7] Brazil relies on hydropower for two-thirds of its electricity.[8]Euractiv reported that European Commissioner for Climate Action Frans Timmermans told the European Parliament in Strasbourg that "about one fifth" of the energy price increase "can be attributed to rising CO 2 pricing on the EU's carbon ...
Despite deployment of COVID-19 vaccines, Europe became the pandemic's epicentre once again in late 2021. [9] On 11 January 2022, Dr. Hans Kluge, the WHO Regional Director for Europe said, "more than 50 percent of the population in the region will be infected with Omicron in the next six to eight weeks". [10]
In addition, due to the effects of the COVID-19 pandemic on the fossil fuel and petrochemical industry, natural gas prices dropped so low for a short time that gas producers were burning it off on-site (not being worth the cost to transport it to cracking facilities). Bans on single-use consumer plastic (in China, the European Union, Canada ...
In the U.S., utility gas prices in September were 70% higher than in recent years. Europeans, who already pay much higher for natural gas, saw bills rise sharply by 50% — for example, in Estonia.
The European Union claim that its policies are in line with the goal of the Paris Agreement. [80] [81] The programm of response to climate change in Europe is called European Green Deal. [65] In April 2020, the European Parliament called to include the European Green Deal in the recovery program from the COVID-19 pandemic. [82] Targets for the ...
The average cost of living in Malta is a bit more expensive than the countries mentioned previously, but at an average of $1,340, it is still 39% less expensive than in the U.S., and rents in ...
There is a consensus among economists that Chilean inflation is mainly caused by endogenous factors, especially the aggressive expansionary policies during the COVID-19 pandemic and the massive withdrawals from pension funds. Economists have also predicted a possible recession by 2023 due to high interest rates to combat inflation. [201] [202]
A crisis can develop due to industrial actions like union organized strikes or government embargoes. The cause may be over-consumption, aging infrastructure, choke point disruption, or bottlenecks at oil refineries or port facilities that restrict fuel supply. An emergency may emerge during very cold winters due to increased consumption of energy.