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On February 14th, OpenAI announced that it has discontinued support for five older ChatGPT models, including GPT-4oGPT-4.1, GPT-4.1 mini, OpenAI o4-mini, and GPT-5 (Instant and Thinking versions), effective February 13th. Access to the GPT-5 model will be retained in the ChatGPT Enterprise workspace until February 19th, 2026. Furthermore, GPT-5 Pro will remain available to all paid users until February 19th, 2026. These models will continue to be available through the OpenAI API in the future.February 14 - China will fully implement zero-tariff measures on 53 African countries with which it has diplomatic relations starting May 1, 2026. At the same time, it will continue to promote the signing of an agreement on economic partnership for common development and further expand access for African products to China by upgrading the "green channel".February 14th - According to CNBC, U.S. Energy Secretary Wright stated that Venezuelan oil revenues will no longer be deposited into an account in Qatar. Wright said, "The account previously established in Qatar was always controlled by the U.S. government. Funds were first deposited into that account and then transferred back to Venezuela. Now, we have an account with the U.S. Treasury Department. This money will no longer flow to Qatar." Wright also stated that Venezuelan oil sales revenue has now exceeded $1 billion. He said the U.S. has reached a short-term agreement with the country to sell another $5 billion worth of Venezuelan crude oil over the next few months. He added that so far, this oil has been shipped to U.S. refineries and Europe.February 14th - Beijing recently released the first batch of urban renewal project list for 2026, which includes 1,321 projects, of which 745 are newly implemented projects and 576 are projects carried over from 2025. The planned investment for the first batch of projects in 2026 is 104.95 billion yuan.February 14th - It was learned from the Shanghai Municipal Commission of Economy and Information Technology and the conference organizers that the 2026 Global Developers Summit (GDPS 2026) will be held from March 27th to 29th at the Shanghai Xuhui West Bund International Convention and Exhibition Center. The core theme of this years conference is "Industry poses the questions, technology provides the answers," with a core vision aimed at breaking down bottlenecks in industry-academia collaboration and improving the efficiency of applying research results to meet industry needs.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

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According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.