Energy & Green Tech

Along US Gulf Coast, huge gas plants jostle for space

As war rages in Ukraine, and Europe thirsts for fuel, the liquified natural gas (LNG) industry along the US Gulf Coast is preparing to expand—a distressing development to some nearby neighbors.

Telecom

Biden starts program to provide discounted internet service

The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for ...

Business

Meet the finfluencers: TikTok's investment gurus

Trying to figure out how the stock markets work? These days you're as likely to turn to a social media influencer for advice as a financial adviser dressed in a suit.

Energy & Green Tech

Advancing the accurate tracking of energy poverty

IIASA researchers have developed a novel measurement framework to track energy poverty that better aligns with the services people lack rather than capturing the mere absence of physical connections to a source of electricity. ...

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Poverty

Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live in absolute poverty today. Relative poverty refers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country.

For most of history poverty had been mostly accepted as inevitable as traditional modes of production were insufficient to give an entire population a comfortable standard of living. After the industrial revolution, mass production in factories made wealth increasingly more inexpensive and accessible. Of more importance is the modernization of agriculture, such as fertilizers, in order to provide enough yield to feed the population.

The supply of basic needs can be restricted by constraints on government services such as corruption, debt and loan conditionalities and by the brain drain of health care and educational professionals. Strategies of increasing income to make basic needs more affordable typically include welfare, accommodating business regulations and providing financial services. Today, poverty reduction is a major goal and issue for many international organizations such as the United Nations and the World Bank.

This text uses material from Wikipedia, licensed under CC BY-SA