US Senate ratifies treaty to phase down climate-warming HFCs from refrigerators and air conditioners – but what will replace them this time?
World

Cooling conundrum: HFCs were the ‘safer’ replacement for another damaging chemical in refrigerators and air conditioners – with a treaty now phasing them out, what’s next?

Air conditioners are one source of leaking HFCs. Bruce Yuanyue Bi/The Image Bank via Getty Images The U.S. Senate voted to ratify an international treaty on Sept. 21, 2022, agreeing to phase out a class of climate-warming chemicals that are widely used as coolants in refrigerators, air conditioners and heat pumps. If you’re getting a […]

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The European Union Times

Denver helps homeless people with unconditional basic income
Europe

Denver helps homeless people with unconditional basic income

Homeless people in Denver will receive an unconditional basic income starting in November. As part of “Denver basic Income project”, 140 homeless people receive $1,000 per month for a year—with no strings attached. The project not only aims to help those affected, but also to study what the unconditional income is spent on and whether […]

Economy & Finance News

Economy

Mini budget: will Kwasi Kwarteng’s plan deliver growth?

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade. Now the new chancellor, Kwasi Kwarteng, has unveiled what he says is a radical plan to get growth […]

Economy

Energy crisis: why government support for businesses could harm the economy in the long run

The UK government is trying to stop spiralling energy costs affecting businesses. Viktollio / Shutterstock The UK government hopes to protect businesses and public sector organisations against spiralling energy costs with a package that parallels the price cap and support payments recently promised to households. But these significant interventions come with a large and imprecise […]

Economy

Why Liz Truss is no Margaret Thatcher when it comes to the economy

The UK’s new prime minister, Liz Truss, has made no secret of her admiration of her late predecessor, Margaret Thatcher. However, anyone expecting a swift return to Thatcherite policies in 2022 should probably take a closer look at Truss’s politics. To begin with, Truss is about to oversee a significant expansion of state intervention into […]

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