Billionaire 'Bond King' Jeff Gundlach rings the recession alarm, says bitcoin is hugely overvalued, and warns against investing in China

Associated Press

Deadly extreme weather year for US as carbon emissions soar

The United States staggered through a steady onslaught of deadly billion-dollar weather and climate disasters in an extra hot 2021, while the nation’s greenhouse gas emissions last year jumped 6% because of surges in coal and long-haul trucking, putting America further behind its 2030 climate change cutting goal. Three different reports released Monday, though not directly connected, paint a picture of a U.S. in 2021 struggling with global warming and its efforts to curb it. A report from the Rhodium Group, an independent research firm, on Monday said that in 2021 America’s emissions of heat-trapping gas rebounded from the first year of the pandemic at a faster rate than the economy as a whole, making it harder to reach the country’s pledge to the world to cut emissions in half compared to 2005 by 2030.