‘Warmest in 1 lakh years’: 2023 smashes record for earth’s hottest year

News Network
January 9, 2024

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Brussels: The year 2023 was planet earth's hottest on record by a substantial margin and likely the world's warmest in the last 100,000 years, the European Union's Copernicus Climate Change Service (C3S) said on Tuesday.

Scientists had widely expected the milestone, after climate records were repeatedly broken. Since June, every month has been the world's hottest on record compared with the corresponding month in previous years.

"This has been a very exceptional year, climate-wise... in a league of its own, even when compared to other very warm years," C3S Director Carlo Buontempo said.

C3S confirmed 2023 as the hottest year in global temperature records going back to 1850. When checked against paleoclimatic data records from sources such as tree rings and air bubbles in glaciers, Buontempo said it was "very likely" the warmest year in the last 100,000 years.

On average, in 2023 the planet was 1.48 degrees Celsius warmer than in the 1850-1900 pre-industrial period, when humans began burning fossil fuels on an industrial scale, pumping carbon dioxide into the atmosphere.

Countries agreed in the 2015 Paris Agreement to try to prevent global warming surpassing 1.5C (2.7 degrees Fahrenheit), to avoid its most severe consequences.

The world has not breached that target - which refers to an average global temperature of 1.5C over decades - but C3S said that temperatures had exceeded the level on nearly half of the days of 2023 set "a dire precedent".

Record Emissions

Despite the proliferation of governments' and companies' climate targets, CO2 emissions remain stubbornly high. The world's CO2 emissions from burning coal, oil and gas hit record levels in 2023.

Last year, the concentration of CO2 in the atmosphere rose to the highest level recorded, of 419 parts per million, C3S said.

It was also the first year in which every day was more than 1C hotter than pre-industrial times. For the first time, two days - both of them in November - were 2C warmer than in the pre-industrial period, C3S said.

Last year was 0.17C hotter than 2016, the previous hottest year - smashing the record by a "remarkable" margin, Buontempo said.

Alongside human-caused climate change, in 2023 temperatures were boosted by the El Nino weather phenomenon, which warms the surface waters in the eastern Pacific Ocean and contributes to higher global temperatures.

Each fraction of temperature increase exacerbates extreme and destructive weather disasters. In 2023, the hotter planet aggravated deadly heatwaves from China to Europe, extreme rain which caused floods killing thousands of people in Libya and Canada's worst wildfire season on record.

"Comparable small changes in global temperatures have huge impacts on people and ecosystems," Friederike Otto, a climate scientist who co-leads the World Weather Attribution global research collaboration.

"Every tenth of a degree matters," she added.

The economic consequences of climate change are also escalating. The US suffered at least 25 climate and weather disasters with damages exceeding $1 billion, National Centers for Environmental Information data show. Prolonged droughts ravaged soybean crops in Argentina and wheat in Spain. 
 

 

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 12,2024

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The UN humanitarian coordinator for Lebanon has warned that the “picture of life in Lebanon remains grim,” highlighting an "alarming" level of human suffering and significant humanitarian consequences due to the ongoing Israeli carnage.

Imran Riza, the UN Deputy Special Coordinator and Resident and Humanitarian Coordinator for Lebanon (UNSCOL), provided a stark overview of the Arab country's dire circumstances in a statement released on Monday.

“The current picture of life in Lebanon remains grim. Yesterday, airstrikes reportedly killed 23 people, including seven children, in the village of Aalmat in Mount Lebanon,” Riza said on X.

An airstrike in the city of Tyre on the same day resulted in the tragic deaths of five siblings from a single family, all of whom had special needs, according to his statement.

He added that in the last week, Israeli airstrikes have killed at least 241 individuals and left 642 others injured in Lebanon, as reported by the Ministry of Health.

“In the past month, more than 185,000 people have fled their homes in their search for safety within the country, bringing the total to over 870,000 people internally displaced,” Riza said

The UN official highlighted that numerous individuals, including the elderly and those with health issues, are staying behind while witnessing the ruins of their ancestral homes.

He urged for the swift safeguarding of civilian people and infrastructure, emphasizing the necessity to uphold international humanitarian law and end the ongoing violence.

Lebanon’s National News Agency reported that Israeli forces bombed a house in the town of Maydoun in Bekaa on Monday night, killing three people and destroying the house.

Earlier, Israel bombed the northern town of Ain Yaaqoub, killing at least 14 people.

The killings came as Israeli military continued to pound Lebanon, bombing shops selling electrical appliances in the southern city of Tyre and carrying out air raids on the towns of Shamshtar in eastern Baalbek and Roumine in southern Nabatieh.

Lebanon’s Ministry of Health said Israeli attacks killed at least 54 people across the country on Monday.

Israel’s merciless attacks continue despite calls from the UN Security Council for an immediate ceasefire and directives from the International Court of Justice urging measures to prevent genocide and alleviate the dire humanitarian situation in Gaza and Lebanon.

In Lebanon, at least 3,243 people have been killed and 14,134 others wounded in Israeli attacks since the war on Gaza began on October 7, 2023.

The Lebanese resistance movement Hezbollah opened a support front for Palestinians in Gaza only a day after the Israeli regime unleashed its genocidal war on the besieged territory.

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