Browsed by
Category: Climate Change

Climate crisis on track to destroy capitalism, top insurer warns

Climate crisis on track to destroy capitalism, top insurer warns

The Guardian reports: The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate. The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world’s biggest insurance companies. He said that without insurance, which is already being pulled in…

Read More Read More

Through its assault on climate science, U.S. is ‘now at war with humanity,’ says Michael Mann

Through its assault on climate science, U.S. is ‘now at war with humanity,’ says Michael Mann

E&E News reports: President Donald Trump has long rejected climate science. Now, his administration is grappling with how to assemble a body of federal climate research to show a warming world is benefiting humanity. The claims would be highly misleading and ignore decades of scientific research that shows climate change will have increasingly dire effects. But a federal report downplaying or denying the threat of climate change would become a cornerstone of Trump’s efforts to end or weaken climate regulations…

Read More Read More

Trump is reversing all U.S. efforts to tackle climate change

Trump is reversing all U.S. efforts to tackle climate change

The New York Times reports: In a few short weeks, President Trump has severely damaged the government’s ability to fight climate change, upending American environmental policy with moves that could have lasting implications for the country, and the planet. With a flurry of actions that have stretched the limits of presidential power, Mr. Trump has gutted federal climate efforts, rolled back regulations aimed at limiting pollution and given a major boost to the fossil fuel industry. He is abandoning efforts…

Read More Read More

Why the oil industry supports carbon capture

Why the oil industry supports carbon capture

Zoë Schlanger writes: The Trump administration is fully engaged in a drive to eliminate virtually any government activity or mention related to climate change—with a few notable exceptions. Take, for example, a single tax credit in Joe Biden’s signature climate law that may have the best chance of survival out of any climate-coded policy. A provision in the Inflation Reduction Act, known as 45Q, enlarged a tax credit for any company willing to capture carbon dioxide. A version of this…

Read More Read More

DOGE staffers enter NOAA headquarters and incite reports of cuts and threats

DOGE staffers enter NOAA headquarters and incite reports of cuts and threats

The Guardian reports: Staffers with Elon Musk’s “department of government efficiency” (Doge) reportedly entered the headquarters of the National Oceanic and Atmospheric Administration (Noaa) in Silver Spring, Maryland, and the Department of Commerce in Washington DC today, inciting concerns of downsizing at the agency. “They apparently just sort of walked past security and said: ‘Get out of my way,’ and they’re looking for access for the IT systems, as they have in other agencies,” said Andrew Rosenberg, a former Noaa…

Read More Read More

How climate change could upend the American dream

How climate change could upend the American dream

By Abrahm Lustgarten This story was originally published by ProPublica Houses in the Altadena and Pacific Palisades neighborhoods were still ablaze when talk turned to the cost of the Los Angeles firestorms and who would pay for it. Now it appears that the total damage and economic loss could be more than $250 billion. This, after a year in which hurricanes Milton and Helene and other extreme weather events had already exacted tens of billions of dollars in American disaster…

Read More Read More

Trump eliminates help for Black and Latino communities hit harder by pollution

Trump eliminates help for Black and Latino communities hit harder by pollution

The Associated Press reports: For four years, the Environmental Protection Agency made environmental justice one of its biggest priorities, working to improve health conditions in heavily-polluted communities often made up largely of Black, Latino and low-income Americans. Now that short-lived era is over. President Donald Trump in his first week eliminated a team of White House advisors whose job it was to ensure the entire federal government helped communities located near heavy industry, ports and roadways. Trump eliminated the “Justice40”…

Read More Read More

Catastrophic tipping point in Greenland: crystal blue lakes turn brown, belch out carbon dioxide

Catastrophic tipping point in Greenland: crystal blue lakes turn brown, belch out carbon dioxide

Live Science reports: Thousands of Greenland’s crystal-clear blue lakes have turned a murky brown thanks to global warming — and the worst part is that they’ve started emitting carbon dioxide. Record heat and rain in 2022 pushed the lakes of West Greenland past a tipping point, so rather than absorbing carbon dioxide (CO₂), they began to emit it into the atmosphere, according to a new study. The changes began in fall, which is normally a snowy time for Greenland. However,…

Read More Read More

The changing climate of the Little Ice Age forced radical thinkers to reconsider humanity’s place in the universe

The changing climate of the Little Ice Age forced radical thinkers to reconsider humanity’s place in the universe

Timothy Grieve-Carlson writes: The sky in the northern hemisphere had been darkened, the winters unusually harsh, and the summers barely arriving for decades when the German Lutheran author Johann Arndt published his Four Books on True Christianity in 1610. Arndt warned his readers that: when the sky burns like this, and the sun turns blood-red, it is telling us: Behold, one day I will perish in fire. In this way, all the elements speak to us, announcing our wickedness and…

Read More Read More

Increasing climate losses threaten the insurance industry and financial stability

Increasing climate losses threaten the insurance industry and financial stability

Ilan Noy writes: The impact of climate change on insurance markets has been systematically underestimated, with profound implications for financial stability and the sustainability of the risk-sharing services insurance provides. In my research on the economic impacts of climate change and other disasters, I’ve observed a persistent pattern: insurers treat climate change primarily as a future risk while failing to recognise how it has been transforming the risk landscape for some time now. This misunderstanding is now coming home to…

Read More Read More

Biden administration reaches deal limiting controversial protections for multinational corporations

Biden administration reaches deal limiting controversial protections for multinational corporations

Inside Climate News reports: The Biden administration announced a last-minute deal on trade this week, reaching an agreement with Colombia to limit protections for investors between the two countries. The move represents a small step toward reforming a system that has awarded multinational corporations more than $100 billion in taxpayer funds from countries around the globe. Investor state dispute settlement, or ISDS, allows foreign companies to bypass national courts and sue governments before panels of arbitrators if they believe their…

Read More Read More

John Vaillant: ‘Virtually any city on Earth can burn now’

John Vaillant: ‘Virtually any city on Earth can burn now’

Kiley Bense writes: The journalist John Vaillant’s book “Fire Weather” begins in the spring of 2016 in the boreal forests surrounding the remote Canadian city of Fort McMurray, where a fire is growing. Although wildfire is a regular part of life in northern Alberta, this fire was destined to be different. “A new kind of fire introduced itself to the world,” Vaillant writes. Ushered in by soaring temperatures, drought and high winds, this wildfire obliterated thousands of buildings, forced 88,000…

Read More Read More

We can still get out of the climate Hellocene and into the clear

We can still get out of the climate Hellocene and into the clear

Rob Jackson writes: The NASA scientist James Hansen gave landmark testimony to a US Senate committee in 1988 that brimmed with evidence of climate change. More than 35 years ago, he concluded: ‘The greenhouse effect has been detected, and it is changing our climate now.’ Viewing the climate carnage of 2023 and the lack of action since 1988, Hansen was even stronger: ‘We are damned fools.’ But who is the ‘we’? The top 1 per cent of the world’s population…

Read More Read More

Wildfire: Even in a blue city in a blue state, disaster does not force its residents to focus on climate change

Wildfire: Even in a blue city in a blue state, disaster does not force its residents to focus on climate change

David Siders writes: Residents of California’s San Gabriel Valley had been coexisting with wildfire danger for generations before this week’s firestorm. Even relative newcomers, like me, know the house will shake when helicopters carrying water to fires in the foothills fly low overhead, or how to tape plastic to the windows and hose down our eaves. We’ve swept ash and burnt leaves that have rained down in our yards. We trim the trees and hope our insurance companies won’t drop…

Read More Read More

California wildfire season should be over. So why is Los Angeles burning?

California wildfire season should be over. So why is Los Angeles burning?

Science News reports: Unusually dry conditions and hurricane-force seasonal winds are fueling multiple fast-moving and destructive wildfires in Los Angeles County. Gusts that reached over 145 kilometers per hour (90 miles per hour) quickly drove the blazes into urban areas, forcing more than 100,000 people to evacuate from their homes and killing at least two people as of January 8. The largest of the blazes, known as the Palisades fire, erupted the morning of January 7 on the west side…

Read More Read More

Will Trump just let California burn?

Will Trump just let California burn?

Ed Kilgore writes: Right now, as Los Angeles deals with a horrendous wildfire emergency, Donald Trump is just an extremely unhelpful critic of the people trying to save lives and homes. The torrent of abuse and misinformation he is spewing is unfortunate but not calamitous. But in ten days he will become once again the president of the United States, and his intensely politicized approach to natural disasters, particularly in blue states like California, will become highly relevant to real-life…

Read More Read More