Hello and happy Friday!
After a couple of weeks off we're back with another EP. Hopefully, you weren't missing us too much!
This week, we cover some exciting scientific progress, such as discovering a new lizard species in Australia and innovations in biofuel. We also consider developing nations and their dynamics with wealthier countries internationally. Vulnerable nations are copping extreme climate-crises-induced infrastructure damage, totalling hundreds of billions of dollars. Developed nations, the largest CO2 emitters, are reluctant to commit to their pledges, causing massive tension at this year's UN Climate Change Conference. Check out the video for more.
Enjoy this week’s Economic Perspective, and have a great week
The Latest Trending Economic News Curated for You by Balmoral Group Australia
Extreme weather has already cost vulnerable island nations US$141 billion – or about US$2,000 per person
Two years ago, when the curtain fell on the COP27 summit in Sharm El Sheikh, Egypt, developing nations on the frontline of climate change had something meaningful to celebrate... Yet two years on, the world’s wealthiest nations – also the largest carbon emitters – are still dragging their feet. Read about it here.
Monash University scientists, Aboriginal rangers discover lizard species in Central Australian desert
Scientists have worked alongside Aboriginal traditional owners to discover an "exciting" new species of lizard in the Central Australian desert. Monash University researchers recently uncovered the new skink, dubbed the Liopholis aputja.Read more here.
Building a sustainable future with Strategic Asset Management
While efforts continue to grow renewable energy capacity to achieve Australia’s climate ambitions, it’s only half the battle. The other half is how we plan and manage community infrastructure and improve its resilience while protecting the natural environment. Read more here.
Science breakthrough using plants as fuel without impacting food security
A breakthrough more than a decade in the making, makes use of a plant’s leaves and stems to create oil, which has the potential to be used as a new global energy source. Read more here.
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