5 Things to Know Today: December 13, 2016
Liz Biscevic — 5 Things to Know Today
In case you missed it, there will soon a be a floating gym that runs off of human energy, borrowing costs are expected to rise in the wake of the Fed’s rate increase, and the solar industry has paid off its carbon debt since its beginning in the 70’s.
Italian architects just unveiled a new design for a unique gym experience in Paris. The Paris Navigating Gym would be powered by revolutionary exercise machines that use human energy to power the gym as it floats down the Siene River.
A study published this week in Nature Communications reported the solar industry has almost definitely paid off its energy debts by preventing more greenhouse-gas emissions than it emitted since its inception in 1971.
Finally, we may be seeing the effects of our efforts to reduce greenhouse gas emissions. These results are attributed to a decline in emissions in both China and the United States and China.
In more depressing news, an ecologist reports that rising temperatures in the Arctic have led to more winter rainfall, which then freezes over grass, meaning less food for reindeer and similar herbivores.
Rate adjustments widely expected to be announced Wednesday would have real cost to consumers, especially those who have credit card debt, variable interest rate loans, and private student loans.