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Flawed economic models mean climate crisis could crash global economy, experts warn

Mon 9 Feb 2026

Depositphotos
Image: Depositphotos

States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points.

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IEA calls peak coal, even as 'Age of Electricity' takes hold to boost global power demand

Today 11:00am

A new IEA report published on Friday, Electricity 2026, says electricity demand will increase by an average of 3.6 per cent each year over the remainder of the decade, driven by rising consumption from industry, electric vehicles, air conditioning, and data centres.

Global economy must move past GDP to avoid planetary disaster, warns UN chief

Today 11:00am

The global economy must be radically transformed to stop it rewarding pollution and waste, UN secretary general António Guterres has warned.

Farmers report catastrophic damage to crops as Storm Marta hits Spain and Portugal

Today 11:00am

Farmers in Spain warned on Saturday that torrential rains and high winds had left fields submerged and caused millions of euros worth of damage to crops, as Spain and Portugal braced for more extreme weather.

World's first 20 MW offshore wind turbine powers grid in China

Today 11:00am

The world's most powerful offshore wind turbine has begun feeding electricity into the grid off the coast of southeast China, marking a major technological leap in the country's wind power industry.

In the Arctic, the major climate threat of black carbon is overshadowed by geopolitical tensions

Today 11:00am

As rising global temperatures speed up the melting of sea ice in the Arctic Ocean, it’s set off a boom of ships taking routes that previously were frozen and not traversable.

Heat with no end: climate model sets out an unbearable future for parts of Africa

Today 11:00am

People often think of a heatwave as a temporary event, a brutal week of sun that eventually breaks with a cool breeze. But as the climate changes globally, in parts of Africa, that level of heat is becoming a permanent part of the weather.

EU weighing options to support industry in carbon market overhaul

Mon 9 Feb 2026

The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.

Gas flaring soars in Niger Delta post-Shell, afflicting communities

Mon 9 Feb 2026

Since the multinational sold its assets in Nigeria’s oil hub, data analysis for Climate Home News shows flaring has risen, harming locals and the climate.

Morocco evacuates 140,000 people as torrential rains and dam releases trigger floods

Mon 9 Feb 2026

More than 140,000 people were evacuated from their homes in northwestern Morocco as heavy rainfall and water releases from overfilled dams led to flooding, the Interior Ministry said. Stormy weather also disrupted maritime traffic between Morocco and Spain.

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