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“When we think about climate action, we’re not talking about building back the Greenland ice sheet,” said Twila Moon, a glaciologist at the National Snow and Ice Data Center who was not involved in the study. … [Read more...] about ‘Canary in the coal mine’: Greenland ice has shrunk beyond return, study finds

Economic development will increase the weight that the land must support and speed up the rate of subsidence, as will the extraction of ground water. This will increase the city’s vulnerability to flood in the years ahead, according to a report by the McKinsey consulting firm. The report predicted a tenfold increase in extreme flooding by 2050. The firm’s worst case scenario imagined a 180-centimer sea level rise inundating 66% of the city. After a major storm, the city center would be an island. … [Read more...] about Flooded

Statistics from the General Department of Vietnam Customs show that in July, Vietnam imported nearly 4.4 million tonnes of coal at the cost of VND1.4m (USD60) a tonne. In the first seven months, Vietnam imported a total of 36 million tonnes for USD2.5bn. The total amount of imported coal increased by 46% compared to the same period last year. Vietnam mostly imported from Indonesia, Russia and China. A total of 140,000 tonnes of coal were imported from China for VND6.2m (USD266) a tonne, tripled the average prices from other markets. In July, Vietnam mostly imported from Indonesia. A total of 11.2 million tonnes were bought by VND1.1m a tonne. Coal imports were VND1.5m cheaper than exports. In July alone, Vietnam exported 410,000 tonnes for USD57m. Coal imports have recently increased. In 2019, Vietnam had to import 43.7 million tonnes of coal for USD3.78bn, an increase of 91% compared to the previous year. According to the Ministry of Industry and Trade, coal imports increased due … [Read more...] about Vietnam increases coal import for thermal power activities

The Hai Duong General Hospital and the province’s Center for Disease Control has announced that among 15 people who have had their health checked, eight have showed symptoms of tinnitus and hearing loss, and six have hypokalemia. They have been asked to be hospitalized for further evaluation and treatment, but no one has done so to date, worrying health professionals about the risk of tin poisoning. … [Read more...] about Vietnam reports first tin poisoning death

The EVFTA, officially signed last June after six years of negotiations, has been dubbed “the most ambitious” FTA the EU has ever reached with a developing country, according to the European Commission (EC). It includes not only the almost full elimination of bilateral tariffs, but also a substantial reduction of non-tariff barriers. Moreover, it includes provisions to protect intellectual property, labor, environmental standards, and fair competition, while promoting regulatory coherence.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 14