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08.07.25 - 08:06
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A third of chip supply threatened by climate change by 2035: PwC (SCMP)
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Climate change could disrupt a third of the world's semiconductor supply by 2035, as severe drought threatens the mining of copper – a critical material used in chip production – according to a new report from PwC released on Tuesday.
The extraction of copper, essential for building the microscopic wires found on semiconductor circuits, requires substantial water resources. About 1,600 litres (423 gallons) of water were needed to obtain just 19kg of copper, the report said, citing data from the......
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08.07.25 - 00:12
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US Insurers Are Refusing To Cover Climate-Change Risk-Zones (ZeroHedge)
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US Insurers Are Refusing To Cover Climate-Change Risk-Zones
Authored by Felicity Bradstock via OilPrice.com,
U.S. insurers are rapidly pulling coverage from homes in high-risk climate zones, particularly in California, Florida, and North Carolina.
Millions of homeowners are facing nonrenewals, impacting their ability to secure mortgages and causing housing market instability.
Government and local efforts are underway to mitigate risks and persuade insurers to continue coverage, but significant gaps remain.
As countries worldwide experience more regular extreme weather events, insurers have become more reluctant to cover properties in high-risk areas. However, without insurance, it is impossible for many people to gain access to mortgage financing. We are seeing an insurance crisis in the United States, as insurers are becoming less likely to offer coverage for homes in certain areas, particularly those that have experienced natural disasters, such as flooding and wildfire, in rece...
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05.07.25 - 13:33
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Wenig Rückenwind im EU- Emissionshandel (SG)
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Die EU-Kommission hat am Mittwoch ihr Klimaziel für 2040 vorgestellt. Bis 2040 sollen die Netto-Treibhausgasemissionen um 90 % gegenüber 1990 sinken. Anders als im ersten Entwurf ist das Etappenziel jedoch flexibler formuliert. So dürfen zur Zielerreichung ab 2036 bis zu 3% durch Emissionsminderungsgutschriften für Projekte in Drittländern genutzt werden. Bereits im Vorfeld hatte sich eine Aufweichung abgezeichnet. Dass die Preise im EU-Emissionshandel kaum reagiert haben, dürfte auch damit zusammenhängen, dass eine Nutzung der Emissionsminderungsgutschriften im EU-Emissionshandel (EU ETS1) ausgeschlossen ist. Eine andere Meldung macht jedoch hellhörig, denn hierdurch könnten die Preise im EU-Emissionshandel langfristig beeinflusst werden..
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