Bank of England predicts rebound in the economy
"The Bank of England said Britain's economy would grow by the most since World War Two this year and slowed the pace of its trillion dollar bond-purchasing programme, but stressed it was not reversing its stimulus." Strong indications finally of a bounce back in the economy highlight the devastating...
Source: reuters.com
IEA issues 'dire warning' on CO2 emissions as it predicts 5% rise
Global CO2 emissions from energy are seen rising nearly 5% this year, suggesting the economic rebound from COVID-19 could be "anything but sustainable" for the climate, the International Energy Agency said on Tuesday.
Source: reuters.com
IEA says global CO2 emissions rising again after nearly 6% fall last year
"Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are on course to rise further, the International Energy Agency said on Tuesday." Whilst economic growth is sought to reduce national deficits following...
Source: reuters.com
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