$800,000 tuna to be turned into sushi at Michelin-starred restaurant

The most expensive tuna sold at the first auction in 2024. The "Near Threatened" fish sold for 114.2 million Japanese yen, or nearly $800,000, at Tokyo’s largest fish market and is set to be served at a Michelin-starred restaurant in Japan. The 525-pound fish, caught off of the coast of Aomori Prefecture in northern Japan, fetched the fourth-highest price since records began in 1999. Photo: Kiyoshi Ota / Bloomberg

January 7, 2024

$800,000 tuna to be turned into sushi at Michelin-starred restaurant

By Nathan Rennolds 6 January 2024 (Business Insider) – A bluefin tuna sold for 114.2 million Japanese yen, or nearly $800,000, at Tokyo’s largest fish market is set to be served at a Michelin-starred restaurant in Japan. The 525-pound fish, caught off of the coast of Aomori Prefecture in northern Japan, fetched the fourth-highest price […]

A map of the world plotted with some of the most significant climate events that occurred during November 2023. Graphic: NOAA/NCEI

December 29, 2023

NOAA reports 2023 hottest year on record, so far – “We will look back at 2023 and think of it as: remember that year that wasn’t so bad?”

By Lauren Sommer 28 December 2023 (NPR) – As 2023 draws to a close, it’s going out on top. “It’s looking virtually certain at this point that 2023 will be the hottest year on record,” says Zeke Hausfather, climate scientist at Berkeley Earth, a non-profit that analyzes climate trends. Though temperature records from December have […]

U.S. federal government outlays for net interest (12-month rolling sum), 1985-2023. Data are current through August 2023. Data: LSEG Datastream. Graphic: Kripa Jayaram / Reuters

October 29, 2023

As global debt worries mount, is another crisis brewing? “You can take many, many countries today, and you will see that we are not far away from a public finances crisis”

By Yoruk Bahceli, Dhara Ranasinghe, and Maria Martinez 16 October 2023 LONDON (Reuters) – Record debts, high interest rates, the costs of climate change, health, and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big, developed economies. A surge in government borrowing costs has put high debt in […]

Primary energy global consumption (left) and share of global primary energy by source (right), 2000-2022. Primary energy demand growth slowed in 2022, increasing by 1.1 percent, compared to 5.5 percent in 2021, and taking it to around 3 percent above the 2019 pre-COVID level. Consumption increased in all regions apart from Europe (-3.8 percent) and CIS (-5.8 percent). Renewables’ (excluding hydro) share of primary energy consumption reached 7.5 percent, an increase of nearly 1 percent over the previous year. Fossil fuel consumption as a percentage of primary energy remained steady at 82 percent. Graphic: Energy Institute

July 24, 2023

World energy system struggled in face of geopolitical and environmental crises in 2022 – Coal production reached record high – CO2 emissions reached record level – “We are still heading in the opposite direction to that required by the Paris Agreement”

26 June 2023 (EI) – The Energy Institute (EI) and partners KPMG and Kearney today released the 72nd annual edition of the Statistical Review of World Energy, presenting for the first time full global energy data for 2022. Five key themes emerge from the data EI President Juliet Davenport OBE HonFEI said: “The EI Statistical Review […]

Graphic showing the years in which the gender gap will be closed in various world regions, as measured in the year 2023. In Latin America, the gap is estimated to close in 53 years. In East Asia and the Pacific, the gap is estimated to close in 189 years. Graphic: World Economic Forum

June 27, 2023

It could take 131 years for the world to close the gender gap – “Not only are millions of women and girls losing out on economic access and opportunity, but these reversals also have wide-ranging consequences for the global economy”

By Alicia Wallace 20 June 2023 Minneapolis (CNN) – Progress on achieving global gender equality is languishing. A new report from the World Economic Forum estimates that women won’t attain parity with men for another 131 years. In other words, not until 2154. The overall gender gap — a measurement of equality across the realms of the economy, politics, […]

Map showing global climate risk as an Aggregated Damage Ratio, projected to the year 2050. Graphic: XDI

February 28, 2023

Florida’s projected sea level rise by 2100 is bad news for sunshine state – Outside of China, Florida is the most at-risk state/province in the world for economic damage caused by climate change

By Pandora Dewan 24 February 2023 (Newsweek) – By 2100, Florida could see sea levels rise by up to 6 feet, with over 900,000 properties at risk of being underwater. “By 2050, Florida sea levels, like much of the US, are headed for a 1-foot rise on average (above 2020 levels),” William Sweet, an Oceanographer for the […]

Avoidable deaths per 100,000 population (standardized rates) in OECD nations, 2000-2020. Avoidable deaths per 100,000 population in the U.S. are higher than the OECD average. Graphic: The Commonwealth Fund

January 31, 2023

U.S. Health Care from a Global Perspective, 2022: Accelerating spending, worsening outcomes – “Americans are more likely to die younger, and from avoidable causes, than residents of peer countries”

By Munira Z. Gunja, Evan D. Gumas, and Reginald D. Williams II 31 January 2023 (The Commonwealth Fund) – In the previous edition of U.S. Health Care from a Global Perspective, we reported that people in the United States experience the worst health outcomes overall of any high-income nation.1 Americans are more likely to die younger, and […]

Percentage of OECD countries experiencing higher-than-average inflation, 1970-2022. The global inflation shock that began in the United States in 2021 and took hold worldwide in 2022 will have powerful economic and political ripple effects in 2023. It will be the principal driver of global recession, add to financial stress, and stoke social discontent and political instability everywhere. Today’s historically high inflation comes from multiple sources. First was the Covid-19 pandemic, which prompted governments to cushion the fall in incomes with extraordinary fiscal and monetary stimulus at the same time that it disrupted global supply. Then, just as the United States and Europe were coming out of the pandemic thanks to vaccines, China doubled down on its zero-Covid policy, locking down the global economy’s most important manufacturing and shipping hubs. Finally, Russia’s invasion of Ukraine and the West’s sanctions in response put a strain on the global supply of energy, food, and fertilizer. This unprecedented confluence of overlapping shocks pushed inflation to levels most countries hadn’t seen in nearly 50 years. Graphic: Eurasia Group

January 22, 2023

Eurasia Group’s Top Risks for 2023 – “The risks this year are the most dangerous we’ve encountered in the 25 years since we started Eurasia Group”

By Ian Bremmer and Cliff Kupchan 3 January 2023 (Eurasia Group) – Russia has no way to win in Ukraine. The European Union is stronger than ever. NATO rediscovered its reason for being. The G7 is strengthening. Renewables are becoming dirt cheap. American hard power remains unrivaled. Midterms in the United States were decidedly normal […]

U.S. President Joe Biden departs after speaking at the COP27 U.N. Climate Summit, Friday, 11 November 2022, at Sharm el-Sheikh, Egypt. Photo: Alex Brandon / AP Photo

November 20, 2022

COP27 ends in tears and frustration – Reactions from participants – “The world will not thank us”

By Camilla Hodgson 20 November 2022 Sharm el-Sheikh, Egypt (Financial Times) – Choking back his emotions, Tuvalu finance minister Seve Paeniu held up a photo of five youth delegates from his country and expressed his “deep regret and disappointment” that COP27 had been a “missed opportunity”. More than 80 countries had supported a proposal to […]

Projections of GHG emissions under different scenarios to 2050 and indications of emissions gap and global warming implications over this century (medians only). Looking beyond 2030, this figure projects global GHG emissions out to 2050 under different scenarios and indicates the associated global warming implications over this century. The figure illustrates the substantial increase in the emissions gap for 2050 if climate efforts implied by current policies and NDC scenarios are continued without further strengthening. Implementation of net-zero targets by around mid-century would significantly reduce these gaps, but even then, gaps with the 1.5°C scenarios would remain. Graphic: UNEP

November 1, 2022

UN: Inadequate progress on climate action makes rapid transformation of societies only option – “It is a tall, and some would say impossible, order to reform the global economy and almost halve greenhouse gas emissions by 2030, but we must try”

NAIROBI, 27 October 2022 – As intensifying climate impacts across the globe hammer home the message that greenhouse gas emissions must fall rapidly, a new UN Environment Programme (UNEP) report finds that the international community is still falling far short of the Paris goals, with no credible pathway to 1.5°C in place. However, the Emissions Gap Report […]

Desdemona Despair

Tag: Japan