https://www.scmp.com/rss/514224/feed Bhavya Gupta is a PhD candidate at the Lee Kuan Yew School of Public Policy, National University of Singapore, and a Fox International Fellow at Yale University. Her thesis focuses on climate-related risks to financial stability, and the role of central banks and financial supervisors in mitigating these risks. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com In July, UN secretary general Antonio Guterres warned that the “era of global warming has ended; the era of global boiling has arrived”. Last month, on a visit to Hanoi, US President Joe Biden proclaimed that global warming exceeding 1.5 degrees in the coming decades is “the only existential threat humanity faces [that is] even more frightening than a nuclear war”. Although indulging in such climate “doomerism” can fuel climate anxiety, especially among young people, jarring imagery is sometimes... https://www.scmp.com/comment/opinion/article/3237445/climate-crisis-how-tackle-public-backlash-against-costs-green-transition?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3237445/climate-crisis-how-tackle-public-backlash-against-costs-green-transition?utm_source=rss_feed Wed, 11 Oct 2023 21:30:12 +0000 The UN-led COP27 climate conference in Sharm el-Sheikh, Egypt, took place against a backdrop of unprecedentedly high energy prices and looming shortages of certain critical metals vital for scaling up renewable energy, such as copper, cobalt, graphite, lithium, nickel and rare earth metals. Although some of these metals, which are also crucial for hi-tech manufacturing, are known to be abundant globally, the establishment of new mines and mineral extraction is itself a carbon-intensive... https://www.scmp.com/comment/opinion/article/3200562/zero-sum-race-rare-earth-metals-will-only-set-back-shift-towards-renewable-energy?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3200562/zero-sum-race-rare-earth-metals-will-only-set-back-shift-towards-renewable-energy?utm_source=rss_feed Thu, 24 Nov 2022 14:00:16 +0000