According to the World Health Organization, air pollution is responsible for 7 million deaths annually, and could cost the global economy between $18–25 trillion by 2060 in annual welfare costs, or roughly 4–6% of world GDP. And with predictions that 7 in 10 people will make their homes in urban centers by mid-century, cities are fast becoming one of the frontlines in the global effort to clear the air. In this visualization, Visual Capitalist's Chris Dickert uses 2024 data from the State of the... Читать дальше...
In a few countries around the globe, governments are using an innovative method to warm buildings using body heat. The long-talked-about idea is finally becoming a reality, but it is not yet widely used. A resting male can generate between 100 and 120 watts of energy, most of which is lost as excess heat. However, capturing this heat for other applications is complicated. In recent years, significant progress has been made in the body heat power generation industry, but scientists believe that applications... Читать дальше...
A new catalyst made from an inexpensive, abundant metal and common table sugar has the power to remake carbon dioxide (CO2) gas into carbon monoxide (CO).In a just released Northwestern University study, the new catalyst successfully converted CO2 into CO, an important building block to produce a variety of useful chemicals. When the reaction occurs in the presence of hydrogen, for example, CO2 and hydrogen transform into synthesis gas (or syngas), a highly valuable precursor to producing fuels that... Читать дальше...
Oil demand will rise further in the medium term, according to Rystad Energy research and modeling, as low-carbon alternatives are not yet sufficiently developed or economically competitive to offset the growing demand for transportation and industrial services. Rystad Energy’s latest Oil Macro Scenarios report explains how the 13 sectors that rely on oil will face a more complex transition than expected just a couple of years ago. These findings underscore the notion that oil demand remains sticky... Читать дальше...
Via Metal Miner British Steel recently secured permission from the local authorities to build an electric arc furnace at its Scunthorpe site in Lincolnshire. In an April 30 announcement to steel news outlets, the London-headquartered company stated that the North Lincolnshire council approved its application to build a new EAF at Scunthorpe following a consultation. Officials at British Steel did not indicate a timeline for the new EAF to come on stream. However, a spokesman told MetalMiner that... Читать дальше...
U.S. crude oil prices pushed past $80 on Friday, with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S. consumer prices, both of which came in more favorably than anticipated for April. On Friday at 4:20 p.m. ET, West Texas Intermediate (WTI) was trading a penny shy of $80, and had surpassed $80 earlier in the afternoon. Brent crude was trading at $83.91, up 0.77% on the day. The April U.S. Consumer Price Index (CPI)... Читать дальше...