Domestic production of equipment and parts used in the home appliance industry saved Iran $220 million, the secretary of the Association of Industries of Household Appliances of Iran (AIHAI) said on Monday.
Limiting global warming to 1.5°C over preindustrial levels is only possible if we make better use of the world’s forests, which collectively act as a huge carbon sink. But maximizing the strength of this carbon sink won’t be cheap: It might cost in the region of $393 billion per year.
The fashion industry’s desire to be on-trend drives its business operations by reducing collection periods and accelerating inventory turns. But high levels of consumption also mean a high level of waste. The younger generation is now demanding that companies work towards ethical practices, sustainable products and a transparent value chain.
In October 2013, Austin, Texas experienced record levels of flooding. The historic Onion Creek Halloween floods caused several deaths, devastated hundreds of homes, and nearly $30 million in damage. Because of the slow response time, Austin's first responder community was heavily criticized, but issues in flood prediction systems may have been to blame.