The energy sector is facing challenging times in which it has to balance short-term returns with its long-term license to operate. Shell, one of the largest oil and gas companies in the world, started a massive reorganization as they expect a permanent decline in the price of oil and gas due to the corona crisis.
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Towards the end of March this year, the weekly jobless claims in the United States increased by 1000% during the first bout of the pandemic. As of June, the country has reported an unemployment rate of 11.1%, which is an improvement in comparison to its previous peak rate of 14.7% in April but it is
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The violent death of George Floyd on May 25th has led to universal protests against police violence. In contrast to other cases of deaths of African-Americans by the hands of police officers in the United States, George Floyd’s death has generated a truly historical societal reaction which has not stopped yet and certainly represents one
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Consequences of extreme weather events such as heat and drought are disruptive to our global economy. How large these negative effects are going to be, is yet to be decided (by ourselves). You might think that the negative effects of climate change are only visible in the long term, but we can already see the
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