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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 ...
2012 Aysén protests due to the high cost of living in Patagonia. A cost-of-living crisis refers to a socioeconomic situation or period of high inflation where nominal wages have stagnated while there is a sharp increase in the cost of basic goods, such as food, housing, and energy.
The European Investment Bank Group created a €25 billion Pan-European Guarantee fund to help small businesses recover from the COVID-19 crisis. As a result of this guarantee fund, the EIB Group, in partnership with local lenders and national promotional institutions, is able to increase its support to small and medium-sized companies.
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 ...
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]
Ethylene is a hormone that affects the ripening and flowering of many plants. It is widely used to control freshness in horticulture and fruits. [20] The scrubbing of naturally occurring ethylene delays ripening. [21] Adsorption of ethylene by nets coated in titanium dioxide gel has also been shown to be effective. [22]