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U.S. Agencies Worry Most About These Climate Threats

WASHINGTON — Less food. More traffic accidents. Extreme weather hitting nuclear waste sites. Migrants rushing toward the United States, fleeing even worse calamity in their own countries. Those scenarios, once the stuff of dystopian fiction, are now driving American policymaking. Under orders from President Biden, top officials at every government agency have spent months considering […]

136 countries agree to set 15% minimum multinational corporate tax rate from 2023

The Organisation for Economic Cooperation (OECD) has announced a major reform of the international tax system has been finalised between 136 countries and jurisdictions, which will see multinationals be subject to a minimum 15% tax rate from 2023. The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) agreement is based on the OECD’s […]

A McLaren 765LT, a Drag Strip, and a Dream

Illustration by Derek BaconCar and Driver From the November 2021 issue of Car and Driver. “If you decided to run, I wouldn’t be able to catch you.” The cop lays a tattooed forearm on the window­sill of the McLaren 765LT I’m in as I glance toward his pursuit vehicle, an unmarked black 2020 Camaro SS. […]

Climate Change Is Devastating Coral Reefs Worldwide, Major Report Says

The world lost about 14 percent of its coral reefs in the decade after 2009, mainly because of climate change, according to a sweeping international report on the state of the world’s corals. The report, issued late Monday, underscores the catastrophic consequences of global warming while also offering some hope that some coral reefs can […]