Most recent 40 articles: Heated World
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How bad could Trump be for renewables? - Heated World (Oct 24) |
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Oct 24 · It’s often said that a Donald Trump presidency could be bad for renewable energy. But how bad could it be, exactly?
We recently came across a detailed but redacted study answering that very question, published by one of the world’s largest dedicated power market analytics companies in September. It hasn’t yet been reported on by any major or mainstream news outlet, so we reached out to the study authors at Aurora Energy Research who allowed us to view an unredacted version.
Here’s the good(-ish) news: as long as Trump doesn’t touch tax credits for wind, solar, and battery storage, the analysis says his presidency should only have a “limited” negative impact on the energy ... Read more ...
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Microplastics! They're everywhere! - Heated World (Oct 17) |
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Oct 17 · Dolphins are breathing microplastics into their lungs when they emerge from the ocean for air. That’s the topline of new peer-reviewed research published in the journal Plos One on Wednesday.
It’s also the latest entry to the running list I’ve been keeping on my phone for the last few months, titled: “Unhinged places scientists have found microplastics.” And while “dolphin breath” may seem like it must be one of the wildest entries, it’s actually pretty par for the course.
I’ve decided to share that list with you today. Keep in mind that every entry could benefit from nuance and context regarding health risks and particle concentrations. Please click the links attached ... Read more ...
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Big Oil knew monster storms were coming. We have the receipts. - Heated World (Oct 11) |
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Oct 11 · For the second time in as many weeks, Florida residents are picking up the pieces from a major hurricane supercharged by the climate crisis. While not as severe as meteorologists feared, Milton has killed at least 11 people, left 3 million without electricity, flooded coastal towns, spawned tornadoes, and caused what will likely be billions in damage.
But even as forecasters were left speechless as Milton became one of the fastest-growing hurricanes in history, there was one group of people that shouldn’t have been surprised - fossil fuel executives.
For at least 45 years, oil company scientists have been privately warning executives that burning fossil fuels would lead ... Read more ...
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How fossil fuels mutated Milton - Heated World (Oct 9) |
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Oct 9 · For scientists who study the effects of climate change, the scariest thing about Hurricane Milton is not simply its historic strength. It’s the fact that Milton grew so strong so quickly - mutating from a pipsqueak into a monster.
Milton’s rapid intensification from a tropical storm to a Category 5 hurricane left meteorologists speechless, with one veteran NBC6 Miami scientist tearing up on air. On X, hurricane scientists described Milton’s sudden explosion as “unprecedented,” “terrifying,” and “jaw-dropping,” as the storm’s wind speeds grew from 60 mph to over 180 mph in only 36 hours - one of the fastest intensifications on record.
A similarly rapid hurricane ... Read more ...
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Milton is a monster. Elected leaders are to blame. - Heated World (Oct 9) |
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Oct 9 · Kathy Baughman McLeod is a former Florida state commissioner of energy and climate, and worked in Florida for more than 25 years. She’s currently the CEO of Climate Resilience for All.
My 83-year-old mother lives in the path of Hurricane Milton. For reasons I won’t get into, she’s chosen not to evacuate. When I called her earlier, we talked about the speed with which a storm surge could infiltrate her house, which is only about eight feet above sea level. We talked about how water could push from the Gulf of Mexico into the Caloosahatchee River, then into the canals that come into her neighborhood. We talked about how she might have time to get into the attic and take the cat ... Read more ...
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Keep yelling about climate change - Heated World (Oct 8) |
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Oct 8 · Yelling about climate change on the internet can often feel pointless, like throwing stones into a bottomless well.
Speaking for myself, a professional climate change internet yeller, I’d be lying if I said I didn’t sometimes question the practice’s effectiveness - especially during hostile political administrations and seemingly unending fossil-fueled extreme weather.
So I was heartened when, late last week, I came across new peer-reviewed research confirming that climate yelling really can lead to meaningful policy action, even under right-wing leaders, and even during unnatural disasters.
I thought that research might be particularly helpful to share with you ... Read more ...
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Why Chevron is sponsoring Hurricane Helene journalism - Heated World (Oct 4) |
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Oct 4 · For a list of Hurricane Helene mutual aid resources, click here.
One day after Hurricane Helene dissipated, the Politico newsletter Power Switch ran a story detailing the terrifying nationwide implications of fossil-fueled storms. “Nowhere is safe from climate disaster,” the headline roared. “Presented by Chevron,” the next line read.
What followed was a back-and-forth between Politico’s reporters and Chevron’s marketing team. For a few paragraphs, readers were given journalism about Helene’s astronomical human and economic toll. Then, they were given a break for a paid message about Chevron’s new “Anchor” project - an ultra-deepwater drilling endeavor that the oil giant ... Read more ...
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JD Vance’s cowardly climate denial - Heated World (Oct 2) |
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Oct 2 · Sometimes, being a climate reporter feels like being in a twisted version of Groundhog Day. Every time you think the world has finally moved beyond debating whether climate change is real or fake, you wake up to find that the day has reset - and a white guy with oil money seeking power pushed the button.
Last night, JD Vance pushed the button while thousands of Americans were suffering from one of the deadliest hurricanes in U.S. history. At the vice presidential debate on Tuesday, Donald Trump’s running mate cast doubt on the “idea” that heat-trapping pollution heats the atmosphere, calling it “weird science” that he would only accept “for the sake of argument.”
“One of ... Read more ...
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Why are Republicans so obsessed with refrigerators? - Heated World (Sep 23) |
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Sep 23 · Over the last year, Republicans have begun championing a new and novel environmental cause. It’s not the air; it’s not the water; it’s not the climate crisis.
It’s refrigerators.
Apparently they’re getting way too efficient.
That’s the idea behind the Refrigerator Freedom Act (seriously), introduced by Rep. Mariannette Miller-Meeks (R-Iowa) this summer. The bill seeks to repeal appliance efficiency regulations proposed by the Biden Administration last year - regulations that require refrigerator manufacturers to use less electricity and water over time as technology improves. The Department of Energy claims these regulations, along with efficiency regulations on ... Read more ...
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MAGA's scariest environmental proposal - Heated World (Sep 17) |
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Sep 17 · Diane Cotter is a proud “firewife”: the wife and mother of firefighters. On a phone call last week, she told me she’s “very much afraid” for her family and firefighting community, because of a little-known environmental proposal in Project 2025.
In the Heritage Foundation’s 900-page blueprint for Donald Trump’s second term, there’s a brief proposal to potentially deregulate a class of toxic chemicals called PFAS, found in firefighting foam and gear and linked to high rates of cancer among firefighters nationwide. Written by former members of Trump’s administration, it says the Environmental Protection Agency should “revisit the designation of PFAS chemicals as 'hazardous ... Read more ...
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Everyone's heads are in the sand - Heated World (Sep 11) |
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Sep 11 · Over the last few months, I’ve heard myriad folks argue that climate change is not a driving force in this election because it’s not a relevant issue in people’s day-to-day lives.
Respectfully, that’s total bullshit. Because if you care about the fact that food prices and inflation are skyrocketing; that water and electric bills are through the roof; that health care costs just keep getting higher; that immigration is on the rise; or that the American dream of owning a home is out of most people’s reach; then guess what - you care deeply about climate change. Rising temperatures made worse by unchecked fossil fuel expansion are driving all of these problems - and they’ll all ... Read more ...
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A high-stakes climate debate - Heated World (Sep 10) |
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Sep 10 · Tonight’s debate between Kamala Harris and Donald Trump has massive ecological and existential stakes.
A whopping 30 percent of Americans say tonight’s televised showdown will help them determine who to vote for in November. And their choice will help determine whether 4 billion tons of greenhouse gas emissions get released into the atmosphere over the next six years - an amount equating to $900 billion in global climate damages.
That’s why, despite some pretty severe jet lag, I’ll be watching - and reacting/chatting live with subscribers starting at 8:45 p.m. Eastern time.
Chat with me during the debate
If you’ll also be watching, and if you’d like a place ... Read more ...
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The MAGA plan to stop forest fires: Remove the forest - Heated World (Sep 3) |
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Sep 3 · As the world continues to burn fossil fuels, the climate crisis has pushed wildfires into unnatural “megafires” that consume millions of acres in a single season. This year’s wildfire activity is nearly 3,000 percent higher in California than last year; and within the next three decades, one in seven homes could be at major risk. More concerning is the threat to human lives; last year, the deadliest wildfire in over a century killed 102 people in Maui; and much of the East Coast experienced its worst air quality ever because of Canadian wildfires.
But MAGA Republicans have put together a plan that they say will help ease the wildfire crisis. It’s laid out in Project 2025, a ... Read more ...
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The overlooked climate plans of Project 2025 - Heated World (Aug 26) |
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Aug 26 · It’s often said that Republicans have no plan for climate change. This is not accurate. Republicans have a massive and well-developed agenda for global heating, and it boils down to three words: “Let it rip.”
The Republican climate agenda is summarized nicely in Project 2025, the notorious 900-page policy plan developed for Donald Trump by the conservative Heritage Foundation. It proposes gutting the Environmental Protection Agency and its climate regulations; re-opening the Arctic National Wildlife Refuge for drilling; defunding the nationwide transition to renewable energy; and eliminating environmental justice initiatives. In addition, political appointees serving under ... Read more ...
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Why vilify the oil and gas industry? - Heated World (Aug 19) |
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Aug 19 · The richest man in the world has a new message about climate change: It’s real, but don’t knock the industry most responsible.“I don’t think we should vilify the oil and gas industry,” Elon Musk said while speaking about climate change during his two-hour conversation with former president Donald Trump last week. It was a sentiment Musk repeated four times throughout the 10-minute climate discussion. “I don’t think it’s right to sort of vilify the oil and gas industry,” he said, using the same verb - vilify - every time.
“Vilify,” interestingly, has two different meanings. It can be a synonym of “defame,” which means to speak falsely about someone. Or it can be a synonym of ... Read more ...
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A line-by-line fact check of the Musk-Trump interview - Heated World (Aug 13) |
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Aug 13 · Donald Trump told some wild lies about climate change in his two-hour live-streamed conversation with Elon Musk last night.
He falsely said that sea levels would only rise “one-eighth of an inch over the next 400 years.” In reality, sea levels are currently rising at more than a one-eighth of an inch every year.
He also falsely said that sea level rise would bring “more oceanfront property” to the country - an almost stunningly ignorant claim, as sea level rise makes land masses smaller. It’s basic geometry, as The Washington Post points out.
But even more interesting than Trump’s asinine climate claims were the climate falsehoods spewed by Musk, a man who's been ... Read more ...
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Tim Walz’s green resume has an oily stain - Heated World (Aug 8) |
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Aug 8 · Tim Walz, the vice presidential pick of Democratic presidential nominee Kamala Harris, is “one of the nation’s most forceful climate advocates.” As governor of Minnesota, he helped pass one of the most aggressive fossil fuel phase-out laws in the country. He signed legislation to speed up the permitting process for renewable energy; ushered in a sweeping, $2 billion law funding decarbonization, environmental justice initiatives, and clean water protections; and passed a $9 billion sustainable transportation law.
But if you ask Indigenous water protectors in Minnesota about Walz, they won’t primarily bring up the governor’s green achievements. They’ll bring up the fact that ... Read more ...
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Fossil fuels made the Olympics 5 degrees hotter - Heated World (Aug 1) |
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Aug 1 · I haven’t had time to analyze media coverage of the 2024 Olympic Games. So I’m not sure how many stories about Tuesday’s dangerous heat in Paris mentioned that the high temperatures were fueled by climate change.
But just in case you didn’t see, here’s an important stat: Fossil fuels, deforestation, and animal agriculture made outdoor temperatures at Tuesday’s Olympics about 5.2°F degrees hotter than they would have normally been. The reason we know this is because of incredible recent advancements in attribution science, which uses observational data and statistical methods to figure out how likely and severe an extreme weather event would be today, compared to how it would ... Read more ...
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Lefty climate groups to endorse Harris - Heated World (Jul 31) |
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Jul 31 · A coalition of lefty green groups that had not publicly endorsed Joe Biden for president in 2024 are planning to formally endorse Kamala Harris on Wednesday, HEATED has learned.
The groups - part of the more upstart, agitator wing of the national environmental movement - include the political arms of Friends of the Earth, the Center for Biological Diversity, Food and Water Watch, and Clean Water Action.
Climate Hawks Vote, a California-based PAC that aims to elect outspoken climate leaders, will also endorse the sitting vice president, marking the first presidential endorsement in the organization’s 10-year history.
Democrats, Republicans, Independents - HEATED ... Read more ...
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When Kamala Harris sued Obama over fracking - Heated World (Jul 23) |
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Jul 23 · It was 2016, and California’s coastline was about to get fracked.
President Barack Obama’s administration had just finalized plans to allow oil companies to resume offshore hydraulic fracturing and acidizing in the Santa Barbara Channel, determining the controversial practices posed “no significant impact” to the local environment or global climate.
Enter: Kamala Harris. Following the lead of state environmental groups, the then-California Attorney General sued the Obama administration in December 2016, seeking a halt to new offshore fracking permits.
The lawsuit called the decision to move forward on Pacific Coast fracking “arbitrary and capricious, an abuse of ... Read more ...
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The electric utility screwing over Texans - Heated World (Jul 18) |
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Jul 18 · When Hurricane Beryl barreled towards Texas last week, the state’s largest electric utility company said it was prepared for the worst. It wasn’t.
More than 2.7 million people lost power on July 8 as Beryl slammed into the state, leaving 80 percent of Centerpoint’s Houston customers in the dark. It was the largest area blackout in the utility's 20-year history. And residents remained without power for over a week, even as temperatures dangerously rose above 90 degrees Fahrenheit.
CenterPoint is now under investigation by the state Public Utility Commission, and Governor Greg Abbott has demanded a detailed future hurricane plan by the end of this month.
In its ... Read more ...
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Trump and Biden are not the same - Heated World (Jul 9) |
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Jul 9 · President Joe Biden is facing a growing number of calls to step aside in his race for re-election this week, following a dismal debate performance and lackluster interview that failed to calm fears over his age and ability to win in November.
It’s a crisis of faith happening at a critical point in the fast-approaching election. But from what I've been seeing and hearing, it seems more a belated expression of angst that’s been brewing inside many American voters for much longer; a nagging apathy that says neither Biden nor former President Donald Trump is right for the job.
When it comes to protecting a livable planet, that feeling is valid and based in fact. According to ... Read more ...
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Stop meatposting - Heated World (Jul 4) |
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Jul 4 · Industrialized animal agriculture is one of the largest sources of water contamination in the country. It is a massive contributor to drought in the West; the number one reason for Brazilian Amazon deforestation; and responsible for up to 18 percent of global carbon pollution. The meat industry has been a huge source of suffering and death for workers, particularly during the pandemic. If meat and dairy consumption continue apace, there could be an 80 percent spike in global agricultural greenhouse gas emissions by the year 2050.
This is why I get annoyed when I see purportedly environmentally-concerned people meatposting. Meatposting, a word I made up in 2021, refers to the ... Read more ...
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The climate stakes of the election just got much higher - Heated World (Jul 2) |
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Jul 2 · One of the most significant powers the U.S. president has is the ability to appoint federal judges. These judges make decisions that influence every facet of American life, for terms that far outpace the president’s time in office.
Joe Biden hasn’t been a perfect climate president, to put things mildly. But one thing Biden has done during his tenure is appoint more than 200 federal judges who are “progressive” on climate change, said Carl Tobias, a University of Richmond law professor and an expert on federal judicial selection. On the whole, Biden’s judges “are people who would view [climate and environmental regulation] from a sympathetic perspective,” Tobias said.
The ... Read more ...
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The media is still falling short on climate - Heated World (Jun 27) |
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Jun 27 · The deadly heat waves and flash floods that have ravaged the United States this month are not normal, and they’re not natural.
Record-breaking concentrations of heat-trapping gases in our atmosphere, driven primarily by fossil fuels, have not only made temperatures hotter. They’ve intensified the Earth’s water cycle, leading to stronger precipitation events.
Yet despite clear evidence that carbon pollution is worsening heat and rainfall, the majority of breaking digital news stories about this month’s unprecedented weather don't mention the climate crisis at all. Instead, most mainstream outlets continue to write about these lethal, record-breaking events as if they were ... Read more ...
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What maniac jumbo sharks can teach us about climate change - Heated World (Jun 21) |
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Jun 21 · This article contains spoilers for the movie Under Paris.
As thousands of athletes compete for a shot at the 2024 Paris Olympics this week, a new wildly popular Netflix movie is shining a light on the event’s struggles with climate change and pollution - albeit in the most absurd, blood-thirsty way possible.
Under Paris, which had the most successful launch for a non-English language film in Netflix history, is both a genre thriller and a political satire in the vein of Don’t Look Up - except instead of a world-destroying comet, it uses homicidal sharks as its metaphor for a climate disaster that everyone in power is inexplicably ignoring. It’s the new, better-made ... Read more ...
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Trip balls, save the Earth? - Heated World (Jun 19) |
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Jun 19 · Personally, when I take mushrooms, the last thing I want to do is think about climate change.
But that’s apparently what I should be doing, according to a new advocacy group. Psychedelics for Climate Action, or PSYCA, argues that the use of mind-altering substances and Indigenous plant medicines - like ayahuasca, psilocybin, ibogaine, ketamine, and LSD - can inspire people to help solve the climate crisis.
PSYCA held its official launch at the Psychedelic Assembly in New York City last month. I decided to attend, because frankly, I’ve been pretty bummed out about the state of the world lately. I figured at the very least, going to this would be fun.
It was - but it ... Read more ...
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How grassroots climate activists are taking on Big Tech - Heated World (Jun 13) |
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Jun 13 · A growing climate threat from an industry worth trillions is spreading across the globe: data centers.
The football-field-size buildings, which house the millions of servers that make the internet work, are not inherently evil. But their unchecked expansion - driven primarily by artificial intelligence and cryptocurrency - is driving a resurgence in coal power and derailing states’ clean energy transition plans.
The IEA estimates that in the next two years, data centers could consume as much energy as the United Kingdom and Germany combined, with a carbon footprint on par with the aviation industry.
And right now, there are few concerted activist movements ... Read more ...
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If Trump can be convicted, so can Big Oil - Heated World (Jun 11) |
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Jun 11 · Climate change is killing people. As time goes on, it’s going to kill a lot more.
The fossil fuel industry should be criminally charged with mass homicide for these deaths, according to a new and novel legal theory. Published by the Harvard Environmental Law Review last year, the argument goes that oil giants knew their products would have lethal consequences, yet actively thwarted efforts to protect people through misinformation and policy delay.
“Prosecutors regularly bring homicide charges against individuals and corporations whose reckless or negligent acts or omissions cause unintentional deaths,” wrote George Washington University law professor Donald Braman and ... Read more ...
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U.N. chief calls for global fossil fuel ad ban - Heated World (Jun 5) |
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Jun 5 · In a major speech that didn’t mince words, the United Nations Secretary-General on Wednesday called fossil fuel companies the “godfathers of climate chaos,” and urged all countries to ban fossil fuel advertising.
António Guterres also called on PR firms, media outlets, and tech companies to stop promoting fossil fuel ads that lie to the public and hide the role the industry plays in the climate crisis.
“Many in the fossil fuel industry have shamelessly greenwashed even as they have sought to delay climate action,” Guterres said. "I urge news media and tech companies to stop taking fossil fuel advertising.”
Guterres compared ad agencies that create content for Big ... Read more ...
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What is a “leftist climate scientist” president, exactly? - Heated World (Jun 4) |
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Jun 4 · Have you heard? The next president of Mexico is a leftist climate scientist.
That’s at least how some news headlines have described Claudia Sheinbaum, Mexico’s first female and Jewish president, who was elected on Sunday with the highest vote percentage in the country’s democratic history.
The identity markers alone were enough to spark joy among U.S. progressives. On Monday, many celebrated the fact that a politician with seemingly similar values would lead the world’s 11th largest oil-producing country.
But what is a “leftist climate scientist,” really? For Americans, the phrase might conjure an image of a radical, anti-fossil fuel, Green New Deal supporter who ... Read more ...
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Are your internet habits killing the planet? - Heated World (May 28) |
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May 28 · This weekend I binged Bridgerton, Netflix’s raunchy, Regency-ish romcom. Along with 45 million other people, I tuned in to find out if incisive, socially-awkward gossip columnist Penelope Featherington could win the heart of her lovable, pirate cosplaying neighbor.
But as I was watching, I had a nagging feeling. Because lately, I've been reading a lot about how the internet contributes to the climate crisis. And I've learned that the web pollutes more than I ever would have guessed.
Everything we do online has an environmental impact, just like the clothes we buy, the food we eat, and the way we travel. But unlike fashion, burgers, and cars, you can’t touch the internet: ... Read more ...
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Democrats ask DOJ to investigate Big Oil - Heated World (May 22, 2024) |
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May 22, 2024 · The Democrats leading the years-long congressional investigation into Big Oil’s climate deception are formally asking the Department of Justice to step in.
In a letter to Attorney General Merrick Garland on Wednesday, Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) and House Oversight Committee Chairman Jamie Raskin (D-MD) asked the DOJ to launch a probe into fossil fuel climate disinformation in the same manner that it investigated tobacco companies in the 1990s for deceiving the public about the health risks of smoking.
“We believe that there is adequate evidence that fossil fuel industry companies and trade associations may have violated one or more federal ... Read more ...
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The chopped steak eaters - Heated World (May 21, 2024) |
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May 21, 2024 · There’s a detail I keep coming back to from Donald Trump’s recent fundraising dinner with oil executives, during which he reportedly asked them for $1 billion in campaign donations in exchange for repealing all of the Biden administration’s climate policies.
Surrounded by opulence, wearing fancy suits and discussing a Thanos-level mass extinction plan, the oil executives were eating… chopped steak.
Chopped steak is literally just breadcrumb-less meatloaf. It is, as I understand it, a shaped mound of ground sirloin usually topped with brown gravy. I don’t mean to knock the dish in general; I’m sure it can be good. I just feel like, if I were proposing a literal billion ... Read more ...
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Don’t fall for “climate-friendly” beef - Heated World (May 14, 2024) |
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May 14, 2024 · Last year, a major meat brand announced a promising product for people who care about the planet - America’s first “climate-friendly” beef.
U.S. meat behemoth Tyson Foods claims “Brazen Beef” is better for the environment than regular beef because it emits 10 percent less greenhouse gas. It is also the first beef to be certified “climate-friendly” by the U.S. Department of Agriculture.
The label is a big deal for the meat industry as it faces increasing external pressure to reduce its massive carbon footprint. Livestock are responsible for anywhere from 11 to 20 percent of global greenhouse gas emissions, and climate scientists have warned for decades that the world ... Read more ...
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Igniting a spark - Heated World (May 07, 2024) |
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May 07, 2024 · Hi everyone! I’m on vacation this week, so in lieu of the usual rage-inducing hard news, I thought I’d share a story about how our journalism is slowly but surely moving the needle.It begins last summer, when Eversource - a major power utility - announced it was leaving the American Gas Association (AGA), a major fossil fuel trade group, over differences in opinion about climate change.
This was huge news, because the AGA plays an enormous role in delaying climate progress. Every year, the AGA spends millions obstructing climate policy and spreading climate misinformation - millions that come directly from consumer payments to AGA’s power utility members, like ... Read more ...
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GOP Senator accidentally creates amazing ad for climate activists - Heated World (May 02, 2024) |
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May 02, 2024 · Geoffrey Supran, the director of the Climate Accountability Lab at the University of Miami, is one of the country’s foremost experts on climate disinformation.
That’s why the former Harvard researcher was called to testify in the Senate Budget Committee’s hearing yesterday, titled “Denial, Disinformation, and Doublespeak: Big Oil’s Evolving Efforts to Avoid Accountability for Climate Change.”
Supran’s opening statement for the hearing included 120 cited sources, all of which he said “clearly demonstrate that the fossil fuel regime has deliberately denied Americans and Congress their right to be accurately informed about the climate crisis, just as tobacco companies ... Read more ...
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Charge Big Oil with conspiracy, former tobacco prosecutor says - Heated World (May 01, 2024) |
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May 01, 2024 · A former U.S. Department of Justice attorney who prosecuted and won the massive racketeering case against Big Tobacco said she believes the DOJ now has enough evidence to pursue a conspiracy case against Big Oil.
Sharon Eubanks, who now runs her own law firm, made the comments in response to questioning by Senator Bernie Sanders (I-Vt.) at today’s Senate Budget Committee’s hearing on fossil fuel industry disinformation. The hearing was called as a complement to the boatload of new internal oil industry documents released yesterday.
“If a large corporation knowingly produces a product that gets me sick or kills me,” said Sanders, “what are the legal grounds that we can ... Read more ...
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New internal Big Oil documents just dropped - Heated World (Apr 30, 2024) |
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Apr 30, 2024 · In 2021, Congressional Democrats subpoenaed Big Oil for internal documents detailing the industry’s role in worsening the climate crisis.
Some of the documents have already been released. But today, we got some more.
The internal materials are from Exxon, Chevron, Shell, BP, the American Petroleum Institute, and the Chamber of Commerce. They’re being released today as part of the Senate Budget Committee’s upcoming hearing on Wednesday morning, titled “Denial, Disinformation, and Doublespeak: Big Oil’s Evolving Efforts to Avoid Accountability for Climate Change.”
Both the hearing and the documents mark the revival of the House Oversight Committee’s two-year ... Read more ...
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Behind the billionaire climate tax - Heated World (Apr 25, 2024) |
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Apr 25, 2024 · The climate crisis is extremely unaffordable. That’s the conclusion of a new study published in Nature last week, which found that global warming will cost $38 trillion every year by 2050. For comparison, the entire global economy is about $100 trillion per year.
But one economist has a novel idea about how to pay for at least part of the bill. At a meeting of the world’s wealthiest countries and banks last week, Esther Duflo proposed that the richest people should compensate poor people for the climate damages they disproportionately caused. That money would be raised through a climate tax on billionaires and large corporations.
Duflo is the youngest person and second ... Read more ...
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