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| New York Times,NYT,New York Times - Climate Forward,New York Times - Climate Section |
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Mexico City Has Long Thirsted for Water. The Crisis Is Worsening. - New York Times - Climate Section  (May 18) |
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May 18 · In Mexico City, one of the world’s largest cities, the struggle for water is constant. Poor planning, urban sprawl and scorching dry weather have strained the water supply. One key system may soon be unable to provide water. A collision of climate change, urban sprawl and poor infrastructure has pushed Mexico City to the brink of a profound water crisis. The groundwater is quickly vanishing. A key reservoir got so low that it is no longer used to supply water. Last year was Mexico’s hottest and driest in at least 70 years. And one of the city’s main water systems faces a potential “Day Zero” this summer when levels dip so much that it, too, will no longer ... Read more ... |
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This Scientist Has an Antidote to Our Climate Delusions - New York Times - Climate Section  (May 18) |
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May 18 · Credit...Philip Montgomery for The New York Times I don’t think it’s an exaggeration to say that the Intergovernmental Panel on Climate Change’s 2018 report on global warming drastically changed the way many people thought - or felt - about the climate crisis. That report laid out, with grim clarity, both the importance and extreme difficulty of preventing global warming from reaching 1.5 degrees Celsius above preindustrial levels. Its warnings about what was likely to happen to our planet if we didn’t turn things around were severe. The starkness of the I.P.C.C.’s report led to a surge of pessimism, fear and, in response to those emotions, climate activism that hasn’t ... | By David Marchese Read more ... |
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Thunderstorms, Wind and Climate Change: Here’s What to Know - New York Times - Climate Section  (May 17) |
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May 17 · Scientists say storms like those that battered Houston could become more intense as the planet warms, though pinning down trends is still challenging. Shattered windows and caved-in walls. Toppled power lines and trees. The severe storms that swept through Houston and the Gulf Coast on Thursday left all the destructive traces of a hurricane, yet they didn’t blow in from the tropics. Violent clusters of thunderstorms cause extensive damage across the United States each year, not just through rain and flooding, but also through hail, tornadoes and walls of blasting wind. Here’s what to know about such storms, and how they might be changing in our warming ... | By Raymond Zhong Read more ... |
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Gov. Gavin Newsom Accuses Trump of 'Open Corruption’ at Climate Meeting - New York Times - Climate Section  (May 16) |
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May 16 · The California governor, speaking at the Vatican, used sharp language to describe the former president’s appeal to fossil fuel executives for campaign donations. Burnishing his climate credentials at a conference hosted by Pope Francis at the Vatican on Thursday, California’s governor, Gavin Newsom, criticized former President Donald J. Trump for reportedly meeting with fossil fuel executives and asking them for $1 billion in contributions to his election campaign. “Open corruption,” Mr. Newsom said to a gathering of religious officials, scientists and politicians from around the world. “A billion dollars to pollute our states, to pollute our country, and to pollute this ... | By Max Bearak Read more ... |
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Heat Stress Is Hitting Caribbean Reefs Earlier Than Ever This Year - New York Times - Climate Section  (May 16) |
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May 16 · Scientists in the United States are reporting “unprecedented patterns” of surface warming, an ominous sign for coral. As the world’s coral reefs suffer a fourth global bleaching event, heat stress in the Caribbean is accumulating even earlier than it did in 2023, the previous record year for the region, according to data made public on Thursday by the National Oceanic and Atmospheric Administration. “I hate that I have to keep using that word 'unprecedented,’” said Derek Manzello, coordinator of the agency’s Coral Reef Watch Program. “But, again, we are seeing unprecedented patterns again this year.” Scientists hope that relief will set in as the natural climate ... | By Catrin Einhorn Read more ... |
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Snow Lifts Great Salt Lake From Record Lows, but Dangers Persist - New York Times - Climate Section  (May 16) |
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May 16 · The lake remains below healthy levels and experts warn the increase could reduce the pressure to conserve water. Great Salt Lake Level Two years ago, the Great Salt Lake became an omen for the risks of climate change: The water level dropped to a record low, threatening the ecosystem, economy and even the air quality of the area around Salt Lake City, home to a majority of Utah’s population. Now, after two unusually wet winters and a series of conservation measures, the lake has gained about six feet. Despite that increase the lake is still below the minimum levels considered healthy. And environmentalists and policymakers are concerned that the increase might ... | By Christopher Flavelle and Nadja Popovich Read more ... |
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The Cost of Competing With China - New York Times - Climate Section  (May 16) |
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May 16 · Subscriber-only Newsletter Climate Forward The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels. President Biden announced this week that he planned to sharply increase the taxes America imposes on electric vehicles, solar cells, advanced batteries and other climate technologies imported from China. Labor groups cheered him on, unsurprisingly: Those tariffs would make Chinese green technology more expensive for Americans, which could protect American jobs in the clean energy sector. Politically speaking, support from labor groups like the United Auto Workers is a win ... | By Jim Tankersley and David Gelles Read more ... |
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DeSantis Signs Law Deleting Climate Change From Florida Policy - New York Times - Climate Section  (May 15) |
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May 15 · The law also stops programs designed to encourage renewable energy and conservation in a state that is highly vulnerable to the impacts of climate change. Florida’s state government will no longer be required to consider climate change when crafting energy policy under legislation signed Wednesday by Gov. Ron DeSantis, a Republican. The new law, which passed the Florida Legislature in March and takes effect on July 1, will also prohibit the construction of offshore wind turbines in state waters and will repeal state grant programs that encourage energy conservation and renewable energy. The legislation also deletes requirements that state agencies use ... | By Coral Davenport Read more ... |
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Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood - New York Times - Climate Section  (May 15) |
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May 15 · Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles. The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out cheap electric vehicles. American automakers welcomed the decision by the Biden administration on Tuesday to impose a 100 percent tariff on electric ... | By Neal E. Boudette Read more ... |
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Why Did the Hotel Chain Hire a Marine Biologist? - New York Times - Climate Section  (May 15) |
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May 15 · Megan Morikawa of the Iberostar Group is applying science - and scale - to eliminate food waste, save coral and collaborate across the travel industry to cut carbon. Megan Morikawa went from getting her Ph.D. at Stanford to working for the Spanish hotel group as director of sustainability. Credit...Iberostar Carbon neutrality, zero waste and serving seafood solely from responsible suppliers: Many boutique eco-tourism destinations - particularly those catering to small numbers of luxury travelers - can reach or come close to sustainability goals such as these, but what about a decades-old resort company operating 97 properties across 14 countries? As the global ... | By Elisabeth Goodridge Read more ... |
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Summer 2023 Was the Northern Hemisphere’s Hottest in 2,000 Years, Study Finds - New York Times - Climate Section  (May 14) |
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May 14 · Scientists used tree rings to compare last year’s extreme heat with temperatures over the past two millenniums. The summer of 2023 was exceptionally hot. Scientists have already established that it was the warmest Northern Hemisphere summer since around 1850, when people started systematically measuring and recording temperatures. “That gives us the full picture of natural climate variability,” said Jan Esper, a climatologist at Johannes Gutenberg University in Mainz, Germany and lead author of the paper. Extra greenhouse gases in the atmosphere from the burning of fossil fuels are responsible for most of the recent increases in Earth’s temperature, but other ... | By Delger Erdenesanaa Read more ... |
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4 Takeaways From Our Homeowners Insurance Investigation - New York Times - Climate Section  (May 14) |
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May 14 · Subscriber-only Newsletter Climate Forward Across the country, more intense heat, storms and fires are causing the home insurance market to start to buckle. As climate change gets worse, the immediate effects are becoming painfully obvious: More frequent and severe storms, wildfires, hurricanes and other types of extreme weather are wreaking havoc and pushing millions of Americans out of their homes each year. Less obvious, but arguably even more important, are the consequences of those disasters, which are threatening the foundations of modern American life even for people who aren’t affected directly by extreme weather. One of the best and most recent ... | By Christopher Flavelle Read more ... |
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Alarmed by Climate Change, Astronomers Train Their Sights on Earth - New York Times - Climate Section  (May 14) |
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May 14 · A growing number of researchers in the field are using their expertise to fight the climate crisis. On the morning of Jan. 18, 2003, Penny Sackett, then director of the Australian National University’s Mount Stromlo Observatory outside Canberra, received a concerning email from a student at the facility. Bush fires that had been on the horizon the day before were now rapidly approaching. The astronomers on site were considering evacuating, the student wrote. That afternoon, from her home some miles away, Dr. Sackett watched burning embers fall from a smoky sky and worried. Later, she learned that her colleagues had escaped just in time: As the fire raced up the mountain, ... | By Katrina Miller and Delger Erdenesanaa Read more ... |
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As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose - New York Times - Climate Section  (May 13) |
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May 13 · Profitability of homeowners insurance in Iowa PROFIT 2015 2016 2013 2019 RATIO 2018 100 2014 2017 2022 2021 2023 LOSS 200 In 2020, insurers paid out three times as much as they took in . 300 2020 Profitability of homeowners insurance in Iowa PROFIT 2015 2016 2013 2019 RATIO 2018 100 2014 2017 2022 2021 2023 LOSS 200 In 2020, insurers paid out three times as much as they took in . 300 2020 Profitability of homeowners ... Read more ... |
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Cloud Brightening Study in California Is Halted by Local Officials - New York Times - Climate Section  (May 13) |
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May 13 · Officials in Alameda, Calif., have told scientists to stop testing a device that might one day be used to artificially cool the planet by making clouds brighter, reflecting planet-warming sunlight back into space. The experiment, conducted by researchers from the University of Washington, involved spraying tiny sea-salt particles across the flight deck of a decommissioned aircraft carrier, the U.S.S. Hornet, docked in Alameda in San Francisco Bay. Versions of that device could eventually be used to spray the material skyward, making clouds brighter and fighting global warming by bouncing away more sunlight. The experiment, which began on April 2, marked the first time in ... | By Christopher Flavelle Read more ... |
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How an Obscure Agency Became a Linchpin for Climate Policy - New York Times - Climate Section  (May 13) |
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May 13 · The Federal Energy Regulatory Commission voted 2-to-1 in a partisan split on Monday on a new rule that could help speed up wind and solar energy. The Federal Energy Regulatory Commission may be the most important climate agency you’ve never heard of. Responsible for overseeing interstate transmission of gas, oil and electricity, the independent agency could help determine how much wind, solar and other renewable energy moves from engineering plans onto the nation’s electric grids and into homes and businesses. On Monday the commission approved long-awaited changes that require grid operators around the country to plan 20 years into the future, taking into account ... | By Lisa Friedman Read more ... |
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Minnesota and Wisconsin See Air Quality Warnings From Canadian Wildfires - New York Times - Climate Section  (May 13) |
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May 13 · Smoke from wildfires drifted south over the weekend. If you’re in the northern part of the Central United States and the skies look smoky, here’s why: Minnesota and parts of Wisconsin were under an air quality alert on Monday morning because of wildfire smoke from Canada. On Sunday, the Minnesota Pollution Control Agency issued the alert for the entire state, which was set to expire at noon Eastern on Monday. The Wisconsin Department of Natural Resources issued an air quality alert for northwestern Wisconsin that was set to last through 10 a.m. on Monday. Fine particle levels were expected to reach the red air quality index category, the agency said, which also ... | By Claire Moses Read more ... |
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New Rules to Overhaul Electric Grids Could Boost Wind and Solar Power - New York Times - Climate Section  (May 13) |
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May 13 · The Federal Energy Regulatory Commission approved the biggest changes in more than a decade to the way U.S. power lines are planned and funded. Reporting from Washington Federal regulators on Monday approved sweeping changes to how America’s electric grids are planned and funded, in a move that supporters hope could spur thousands of miles of new high-voltage power lines and make it easier to add more wind and solar energy. The new rule by the Federal Energy Regulatory Commission, which oversees interstate electricity transmission, is the most significant attempt in years to upgrade and expand the country’s creaking electricity network. Experts have warned that ... | By Brad Plumer Read more ... |
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The Home Insurance Crunch: See What’s Happening in Your State - New York Times - Climate Section  (May 13) |
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May 13 · As climate change makes disasters more frequent and severe, the insurance industry is in tumult. Losses have been spreading beyond states that have been ravaged by hurricanes and wildfires, like Florida and California, and into places like Iowa, Arkansas, Ohio, Utah and Washington. Even in the Northeast, where homeowners insurance was still generally profitable last year, trends are worsening. Find your state: Ratio of revenue to costs for homeowners insurance statewide. To measure the financial health of the homeowners insurance industry, The New York Times assembled data that compares revenues with costs for insurers in each state. The data show that ... | By Christopher Flavelle and Mira Rojanasakul Read more ... |
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How 5 N.Y.C. Neighborhoods Are Struggling With Climate Change - New York Times - Climate Section  (May 12) |
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May 12 · New data projects are linking social issues with global warming. Here’s what that means for these New York communities. Some of the effects of climate change on New York City neighborhoods are clear: extreme heat. Persistent flooding. But as city leaders explore which neighborhoods are most vulnerable to a warming world, they are also focusing on less obvious factors like poverty, chronic health conditions and language barriers that can deepen the impact of climate change. Several new data-gathering efforts are helping shed light on how socioeconomic issues can add to a community’s overall risk as droughts, floods and wildfires become more extreme and sea levels rise. | By Hilary Howard Read more ... |
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How 5 N.Y.C. Neighborhoods Are Struggling With Climate Change - New York Times - Climate Section  (May 12) |
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May 12 · New data projects are linking social issues with global warming. Here’s what that means for these New York communities. Some of the effects of climate change on New York City neighborhoods are clear: extreme heat. Persistent flooding. But as city leaders explore which neighborhoods are most vulnerable to a warming world, they are also focusing on less obvious factors like poverty, chronic health conditions and language barriers that can deepen the impact of climate change. Several new data-gathering efforts are helping shed light on how socioeconomic issues can add to a community’s overall risk as droughts, floods and wildfires become more extreme and sea levels rise. | By Hilary Howard Read more ... |
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A Boat Designed to Be a Breath of Fresh Air - New York Times - Climate Section  (May 10) |
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May 10 · The creators of the latest vessel from Azimut Yachts went to great lengths to reduce its emissions, but even they won’t call it green. Reporting from Milan In the middle of Milan Design Week last month, in the middle of the Bagni Misteriosi - a historic bathing complex in the Porta Romana neighborhood - the Italian luxury shipbuilder Azimut Yachts hosted an unusual exhibition. It was a celebration of the company’s latest offering: the Seadeck 6, which made its debut last year and features interiors by the design team of Matteo Thun and Antonio Rodriguez. Having been lowered into the facility by crane, the nearly 60-foot vessel was set afloat in an outdoor swimming ... | By Ian Volner Read more ... |
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California Will Add a Fixed Charge to Electric Bills and Reduce Rates - New York Times - Climate Section  (May 10) |
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May 10 · Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency. Utility regulators in California on Thursday changed how most residents will pay for energy by adding a new fixed monthly charge and lowering the rates that apply to energy use. Officials said the shift would reduce monthly bills for millions of residents and support the use of electric vehicles and appliances that run on electricity, rather than fossil fuels. The decision by the California Public Utilities Commission will apply to the rates charged by investor-owned utilities, which ... | By Ivan Penn Read more ... |
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From Ancient Charcoal, Hints of Wildfires to Come - New York Times - Climate Section  (May 10) |
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May 10 · By digging into the geologic record, scientists are learning how wildfires shaped - and were shaped by - climate change long ago. The oldest evidence of wildfire in the world can be found in a laboratory on the fourth floor of a brick building in Waterville, Maine. To the untrained eye, it looks like a speck of black lint, not much larger than the tip of a pin. To Ian J. Glasspool, a paleobotanist at Colby College, it is a 430-million-year-old piece of charcoal. The specimen, which Dr. Glasspool discovered in a mudstone from southern Wales, is one of many pieces of ancient charcoal that have been studied in recent years to explore how fires burned in the past. Together, ... | By Laura Poppick Read more ... |
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10 Big Biden Environmental Rules, and What They Mean - New York Times - Climate Section  (May 9) |
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May 9 · Asbestos, “forever” chemicals, E.V.s and endangered species. Here’s what 10 new rules cover, and why the administration has been churning them out. The Biden administration has been racing this spring to finalize a slew of major environmental regulations, including rules to combat climate change, a first-ever ban on asbestos and new limits on toxic chemicals in tap water. Many of the rules had been in the works since President Biden’s first day in office, when he ordered federal agencies to reinstate or strengthen more than 100 environmental regulations that President Donald J. Trump had weakened or removed. The president has pledged to cut the emissions that are driving ... | By Coral Davenport Read more ... |
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At a Dinner, Trump Assailed Climate Rules and Asked $1 Billion From Big Oil - New York Times - Climate Section  (May 9) |
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May 9 · At a private meeting at Mar-a-Lago, the former president said fossil fuel companies should donate to help him beat President Biden. Former President Donald J. Trump told a group of oil executives and lobbyists gathered at a dinner at his Mar-a-Lago resort last month that they should donate $1 billion to his presidential campaign because, if elected, he would roll back environmental rules that he said hampered their industry, according to two people who were there. About 20 people attended an April 11 event billed as an “energy round table” at Mr. Trump’s private club, according to those people, who asked not to be identified in order to discuss the private event. ... | By Lisa Friedman, Coral Davenport, Jonathan Swan and Maggie Haberman Read more ... |
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The Doom vs. Optimism Debate - New York Times - Climate Section  (May 9) |
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May 9 · Subscriber-only Newsletter Climate Forward How to reconcile two new reports that seem to tell very different stories about the state of climate change. Depending on how you look at it, the climate story is one that can inspire genuine optimism or a fair bit of doomerism. On any given day, there are news stories, academic studies and memes that support two dueling narratives: This week brought yet another slew of data that provides an opportunity to hold these two seemingly contradictory truths at the same time. There are elements of truth to both perspectives, of course. It’s a disorienting dynamic that we grapple with as reporters covering ... | By David Gelles Read more ... |
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Tuna Crabs, Neither Tuna Nor Crabs, Are Swarming Near San Diego - New York Times - Climate Section  (May 9) |
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May 9 · Divers and marine biologists are getting a window into the lives of a red crustacean most often found in the guts of other species. Photographs and Text by Jules Jacobs Jules Jacobs photographed this rare tuna crab aggregation beneath the waters of La Jolla Shores, San Diego. When Anna Sagatov, an underwater cinematographer, goes on her usual night dives off La Jolla Shores in San Diego, she’s used to spotting the “occasional octopus, nudibranch and horn shark.” But what she witnessed on a late April plunge was shocking: a seafloor turned red by what she described as an “overlapping carpet of crabs.” Swirling and shifting in the current, the creatures stretched “as ... Read more ... |
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China Rules the Green Economy. Here’s Why That’s a Problem for Biden. - New York Times - Climate Section  (May 8) |
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May 8 · Beijing’s dominance raises economic and security concerns, and tensions will be high as top climate diplomats meet this week. Somini Sengupta reported on global diplomacy for The Times before joining the Climate Desk. The world’s two most powerful countries, the United States and China, are meeting this week in Washington to talk about climate change. And also their relationship issues. In an ideal world, where the clean energy transition was the top priority, they would be on friendlier terms. Maybe affordable Chinese-made electric vehicles would be widely sold in America, instead of being viewed as an economic threat. Or there would be less need to dig a lithium ... | By Somini Sengupta Read more ... |
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Environmental Changes Are Fueling Human, Animal and Plant Diseases, Study Finds - New York Times - Climate Section  (May 8) |
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May 8 · Biodiversity loss, global warming, pollution and the spread of invasive species are making infectious diseases more dangerous to organisms around the world. Several large-scale, human-driven changes to the planet - including climate change, the loss of biodiversity and the spread of invasive species - are making infectious diseases more dangerous to people, animals and plants, according to a new study. Scientists have documented these effects before in more targeted studies that have focused on specific diseases and ecosystems. For instance, they have found that a warming climate may be helping malaria expand in Africa and that a decline in wildlife diversity may be ... | By Emily Anthes Read more ... |
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G.M. Will Retire the Chevrolet Malibu to Make More Electric Cars - New York Times - Climate Section  (May 8) |
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May 8 · The gasoline-powered Malibu was the last sedan sold by Chevrolet, the General Motors brand, in the United States. General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy. For years, American drivers have been gravitating toward sport utility vehicles and away from sedans, compacts and hatchbacks. G.M.’s two Detroit rivals, Stellantis and Ford Motor, have also largely wiped their slates clean of cars in the United States. Foreign automakers such as Toyota, Honda and Hyundai ... | By Neal E. Boudette Read more ... |
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Watery, Peaceful, Wild: The Call of the Mangroves - New York Times - Climate Section  (May 8) |
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May 8 · On Curaçao, visitors can explore the trees’ habitat, where colorful birds roost on tangled branches and trunks, and small paths through the greenery beckon. The Curaçao Rif Mangrove Park offers guided tours, elevated boardwalks, programs for local schoolchildren and a tiered entrance-fee system for residents and overseas visitors.Credit...Frank Meyer for The New York Times Elisabeth Goodridge is the deputy editor for travel at The New York Times. It was a sunny afternoon in February at the height of the high season on the Caribbean island of Curaçao, but my partner, Aaren, and I were far from lounging on a white-sand beach, snorkeling over a coral reef or strolling ... | By Elisabeth Goodridge Read more ... |
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Giant Batteries Are Transforming the Way the U.S. Uses Electricity - New York Times - Climate Section  (May 7) |
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May 7 · They’re delivering solar power after dark in California and helping to stabilize grids in other states. And the technology is expanding rapidly. How California powered itself in April 2021 … and in April 2024. Peak demand average daily generation, by fuel type Peak demand 25k megawatts Imports 20k 15k Gas Solar power Batteries Solar power 10k Wind 5k Hydro Nuclear 0 12a.m. 5a.m. 10a.m. 3p.m. 8p.m. 12a.m. 5a.m. 10a.m. 3p.m. 8p.m. How California powered itself in April 2021 … and in ... | By Brad Plumer and Nadja Popovich Read more ... |
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Sweetgreen Is Introducing Steak. What About Its Climate Goals? - New York Times - Climate Section  (May 7) |
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May 7 · The fast-casual chain aims to be climate neutral by 2027, but beef is a big contributor to climate change. Nearly two decades after the fast-casual salad chain Sweetgreen was founded, the company announced on Tuesday that it would introduce beef to its menu. According to Nicolas Jammet, a founder of Sweetgreen, the addition of a caramelized garlic steak option comes at a time when many Americans are trying to increase their protein intake and also as Sweetgreen is looking to attract more customers for dinner. The decision, however, leaves many questions about how the company, which has more than 225 locations, may accomplish its goal of carbon neutrality by 2027 ... | By Christina Morales Read more ... |
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With or Without Tesla, More E.V. Chargers Are Coming - New York Times - Climate Section  (May 7) |
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May 7 · Subscriber-only Newsletter Climate Forward Experts say that a new wave of electric vehicle charging stations are coming soon, even after Tesla gutted its charger team. Last week, Tesla laid off most of its electric car charging team, raising doubts about the feasibility of the Biden administration’s ambitious E.V. expansion plans. Though Tesla accounts for more than half of the fast E.V. chargers currently installed in the United States, and though it has continued to build them faster and cheaper than anyone else, the E.V. charging market may no longer need Tesla to lead it. In fact, experts I spoke to believe the E.V. charging industry is set to ... | By Manuela Andreoni Read more ... |
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Are Flight Offsets Worth It? - New York Times - Climate Section  (May 6) |
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May 6 · A lot of them don’t work and some might even be harmful. But there are things you can do if you really have to fly. Credit...Naomi Anderson-Subryan In recent years, many airlines have phased out the little box encouraging you to “offset your flight’s emissions!” on their checkout pages. Perhaps because so few customers took advantage of them, or perhaps because research has shown that many offset projects are ineffective or worse. But last we checked, people are still flying. A lot. And the planet is still warming. A lot. So you may still be wondering: Should I offset my air travel? If so, how? A carbon offset is a credit that you can buy to make up for your ... | By Susan Shain Read more ... |
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How Bad Is A.I. for the Climate? - New York Times - Climate Section  (May 6) |
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May 6 · Tech giants are building power-hungry data centers to run their artificial intelligence tools. The costs of that demand surge are becoming clearer. A.I.’s carbon problem The boom in artificial intelligence has minted billions in (paper) wealth for tech giants like Microsoft and Amazon. But there’s an overlooked set of winners as well: utilities and energy companies. The power demands of the huge data centers that underpin the A.I. revolution keep growing. Wall Street is taking notice - but the climate effect isn’t getting as much attention. The A.I. boom is supercharging markets’ interest in power. One sign of investor enthusiasm: The S&P 500’s utilities ... | By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni Read more ... |
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Will a carbon market happen? - New York Times - Climate Section  (May 6) |
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May 6 · An enormous amount of work is underway to remove carbon from the atmosphere, but who will pay for it? Dear Headway readers Here’s a mood brightener for you: Lots of scientific and business model innovation is now going toward removing carbon from the atmosphere. But there’s a hitch. Who’s going to pay for it? For years now, the hoped-for answer has been “businesses.” As a way of compensating for their emissions, many companies now buy carbon offsets, which pay for things like planting trees or growing cover crops to capture carbon in the soil. They do this either to comply with regulations or out of a sense of corporate citizenship. Europe and the United ... | By Lydia DePillis Read more ... |
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Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers - New York Times - Climate Section  (May 4) |
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May 4 · The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap. Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. Mr. Musk’s decision to lay off the 500-member team responsible for installing charging stations, and to sharply slow investment in new stations, baffled the industry and raised doubts about whether the number of public chargers would ... | By Jack Ewing and Ivan Penn Read more ... |
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