Is shipping the next financial crisis?

[Source: Port Technology] The Hanjin Shipping collapse rocked the shipping industry; the seventh largest shipping company operating at the time filing for receivership and leaving its vessels abandoned across the globe was potentially a warning sign for things to come for other industry actors. It was reported by Port Technology that Hanjin Shipping was having Read More…

Ozone hole over Antarctica is closing, reports Science

[Source: Reason.com] In the 1980s, researchers discovered that the protective stratospheric ozone layer over Antarctica was thinning. Since stratospheric ozone reduces the amount of damaging ultraviolet light from the sun that reaches the surface, this was potentially very bad news. Scientists quickly identified chlorofluorocarbons (CFCs) widely used as coolants in refrigerators, air conditioners, and as Read More…

Antarctic ozone hole shows signs of healing

[Source: Science Recorder] Researchers from the Massachusetts Institute of Technology and the University of Leeds have discovered that the ozone layer above Antarctica has been slowly healing, a recent study published in the journal Science reports. The ozone layer is a section of the Earth’s atmosphere that shields the planet from harmful ultraviolet rays. However, greenhouse gas Read More…

Making climate change fashionable – the garment industry takes on global warming

[Source: Forbes] As the COP21 climate change talks are underway in Paris this week, it’s nice to see real progress on fronts rarely discussed. Lots of industries other than energy production are important sources of greenhouse gas emissions – agriculture, iron and metal smelting, cement production, waste treatment and … the fashion industry. The apparel Read More…