By Alister Doyle OSLO (Reuters) - Global spending on infrastructure will total $90 trillion in the next 15 years and is the key to greener economic growth after the Paris agreement on climate change won a formal go-ahead, a study said on Thursday. A global commission, including former heads of government, business leaders and economists, said resilient infrastructure from the design of roads to rural water supplies could limit both global warming and pollution and ensure economic growth. "Investing in sustainable infrastructure is the wisest decision we can take for our future," former Mexican President Felipe Calderon, head of the Global Commission on the Economy and Climate, said in a statement. On Wednesday, the 2015 Paris Agreement on climate change passed a key threshold of support needed to enter into force in what President Obama hailed as a historic day for protecting the planet. "We have agreed a global climate agenda, now we should act on it," Calderon said. The study took a broad view of infrastructure saying it encompassed energy supplies, public transport, buildings, water and sanitation as well as what it called the "natural infrastructure" of forests and wetlands. Overall, it projected infrastructure investments from now until 2030 of around $90 trillion, roughly double recent levels and mostly in developing nations and cities. Investment needs will rise partly because of a rising global population. A billion more people will live in urban areas by 2030, roughly the equivalent of building a city the size of Washington every month, Calderon told Reuters. The projected investments in the period to 2030 are slightly bigger than the World Bank's estimate of global gross domestic product of $73 trillion for 2015. The report called for a rapid phase-out of fossil fuel subsidies, which it estimated at $550 billion in 2014, to help greener investments, and wider pricing of emissions of carbon dioxide, the main man-made greenhouse gas. Nicholas Stern, of the London School of Economics and a co-chair of the commission, said governments and investors needed to adopt new policies for investments in the next two or three years, given long lead times. He said the world economy had been weak since the financial crisis around 2008, despite government attempts to spur growth. "Many things have been tried, but what hasn't been tried properly ... is strong investment in sustainable infrastructure," he told an online news conference. (Reporting by Alister Doyle; Editing by Catherine Evans)
- Fox News
Meghan Markle was labeled the "difficult" duchess by former staffers. Royal expert Neil Sean explains what's next for Markle and Prince Harry after the bombshell claims were made.
In Katie Nicholl's upcoming book "The New Royals," she writes that Queen Elizabeth intervened when Meghan Markle clashed with a royal staffer.
- Fox News
Prince Harry was 'obsessed' with Archie's private birth, Meghan thought ordeal was 'barbaric': royal expert
Prince Harry was "obsessed" with keeping his first child's birth a secret from the media and public. Archie was born to the Duke and Duchess of Sussex in May 2019.
Shania Twain is 57 years old and feeling fabulous — so fabulous that she decided to celebrate her latest music video, “Waking Up Dreaming,” with a few topless snapshots. It’s her way of letting fans know she loves this season in her life. The beautiful thing about Twain’s gorgeous new photos, with her shiny white […]
Trump has called several GOP donors who contributed money to Ron DeSantis asking them to stop boosting the Florida governor: report
Former President Trump has tracked appearances made by DeSantis, while also monitoring the governor's poll numbers, per The Washington Post.
- The Daily Beast
Hannah McKay - WPA Pool/Getty ImagesPrince Harry was so unhappy with his life as a working royal that Meghan’s work in helping him find an escape route should be recognized, a source has said.In his new book, Courtiers: The Hidden Power Behind the Crown, which is being serialized by The Times of London, Valentine Low cites “a surprising source—someone who knows Harry well but remains upset about what Harry and Meghan did”—as saying: “There is a part of me that thinks Meghan did Harry the greates
A former palace insider said Meghan Markle believed she would be 'the Beyoncé of the UK,' new book claims
The claim was made by a former palace insider in Valentine Low's upcoming book, "Courtiers: The Hidden Power Behind the Crown."
- Women's Health
Bella Hadid has been making the most of the quarantine sunshine, and posted a series of revealing bikini pics, showing her underboob on Instagram to prove it.
Designers big and small embraced the trend probably as a reaction to looming uncertainty.
- NY Daily News
Brooklyn man identified as Capitol rioter who reportedly received phone call from White House on Jan. 6
NEW YORK — A Brooklyn man who stormed the Capitol on Jan. 6 has been identified as the recipient of a mysterious nine-second phone call from the White House placed during the riot. Anton Lunyk, 26, of Midwood, Brooklyn, admitted joining the attack with two buddies and is the owner of the phone to which someone at the White House briefly called during the riot, CNN reported Monday. The mystery ...
- NBC Sports Chicago
Former NFC North and Green Bay Packers receiver Davante Adams is not happy with his new team's 0-3 start.
After Brad Pitt and Angelina Jolie split up back in 2019, both have been seen attached to some pretty unexpected celebrities. (Yes, we’re talking about those Jolie and The Weeknd rumors, and Pitt being linked to Arrested Development alum Alia Shawkat!) But this new match may be the most unexpected one yet. According to Page […]
Meghan Markle Reportedly 'Found the Solution' to Getting Prince Harry Out of His Unhappy Royal Situation
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- The Daily Beast
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- The Daily Beast
Photo Illustration by Thomas Levinson/The Daily Beast/GettyFormer President Donald Trump has learned time and again that the best way to kill legal action is to first delay it. And while Trump’s “special master” gambit initially showed promise in that regard, the tactic may have actually backfired and put him on a fast-track collision course with the federal government he once led.Two separate court decisions last week have empowered the FBI to move swiftly in its investigation against Trump for
King Charles III Is Reportedly Planning To Do a Drastic Choice That May Cut Ties Altogether With Prince Harry & Meghan Markle
It’s no secret that the relationship between Prince Harry and Meghan Markle and the rest of the British Royal family has been, erm, strained, to put it delicately. It seems that royal fans are learning new information left and right on what is going on between the years-long rift, with everyone itching to know when […]
- Touchdown Wire
Bills offensive coordinator Ken Dorsey went ballistic in the coaches' box at the end of the Dolphins game. Isaiah McKenzie was the reason why.
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- KABC – Los Angeles
Video shows a high school student being body-slammed by a football coach after a game in Orange County.
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