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International News

Chip crisis in ‘Danger Zone’ as wait times reach new record

Chip shortages are rippling through industry after industry, preventing companies from shipping products from cars to game consoles and refrigerators. Automakers are now expected to lose out on $110 billion in sales this year, as Ford Motor Co., General Motors Co. and others have to idle factories for lack of essential components. That’s undercutting economic growth and employment, as well as raising fears of panic ordering that may lead to distortions in the future.

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U.S. Supreme Court backs energy companies over Baltimore in climate case

The Democratic-governed Maryland city’s lawsuit targeted 21 U.S. and foreign energy companies that extract, produce, distribute or sell fossil fuels, arguing that their activities contribute to emissions of carbon dioxide and other so-called greenhouse gases linked to climate change. An important port city, Baltimore noted that it is vulnerable to sea-level rise and flooding driven by climate change.

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Wildfires, thawing permafrost pose new challenge to curb climate change: Study

As temperatures rise and permafrost thaws, carbon dioxide and methane trapped within the long-frozen soil are released. The deeper the thaw, the more gas is released.

That threatens to create a feedback loop that contributes to even more warming of the atmosphere, scientists warn in a study published in the journal Proceedings of the National Academy of Sciences.

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