By Ben German, Axios Financial industry pledges to move away from coal haven’t translated into reduced worldwide funding, per a new analysis from environmental groups. Why it matters: Coal is the most CO2-intensive fuel, and its future trajectory will help dictate how much global warming occurs. Driving the news: The report from German NGO …
Study Says Clean Energy Rollbacks Will Cost Economy $1.1 Trillion by 2035
By Marianne Lavelle, Inside Climate News As the Trump administration makes the economic case for the repeal of climate policies, sobering numbers emerge on health and energy costs. A lignite-fueled power plant is seen in Stanton, North Dakota, where air pollution in the state could be 13 percent higher in …
Investors, Listen Up: Adaptation & Resilience Promise Trillions in ROI
Sustainable Brands The Climate Adaptation & Resilience market will pay fast dividends for today’s forward-thinking investors while fortifying the world for a climate-changing future. Investment opportunities in climate adaptation and resilience (Climate A&R) are often discussed as something that will materialize in the future. But a new report from Boston Consulting Group (BCG) and …
Why the shipping industry’s new carbon tax is a big deal — and still not enough
By Joseph Winters, Grist Modeling suggests it will only reduce emissions up to 10 percent by 2030. A container ship in Cuxhaven, Germany, in 2023. Sena Gallup / Getty Images Each year, all the cargo ships that crisscross the oceans carrying cars, building materials, food, and other goods emit about 3 percent of …
Climate crisis on track to destroy capitalism, warns top insurer
By Damian Carrington, The Guardian Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure. Some companies were ending home insurance in California due to wildfires, says Allianz SE board member. He says that without insurance, many other financial …
The Online Shopping Boom Comes at a Price—and Some New Yorkers Pay More Than Their Fair Share
By Lauren Dalban, Inside Climate News More diesel trucks are on the streets, and their destinations are often warehouses located in historically disadvantaged areas. FedEx workers unload a truck in New York City. Credit: Noam Galai/Getty Images NEW YORK—Package deliveries in New York City are booming, bolstered by the pandemic …
The world’s biggest youth climate lawsuit lost in court, but it ‘changed the world’
By Joseph Winters, Grist The landmark Juliana v. United States sparked a global movement to defend children’s rights to a healthy climate, a campaign that’s already scored two wins. Diego Diaz / Icon Sportswire via Getty Images Ten years ago, 21 young people filed a long-shot lawsuit against the federal government, arguing …
A newly surfaced document reveals the beef industry’s secret climate plan
By Kenny Torrella, Vox What the beef industry knew about its environmental impact — and how it spent decades blocking climate action. Beef cattle at the JBS Five Rivers Kuner Feedlot in Greeley, Colorado. Andy Cross/The Denver Post via Getty Images It’s now well established that for decades, major oil companies knew that …
Countries must bolster climate efforts or risk war, Cop30 chief executive warns
By Fiona Harvey, The Guardian Ana Toni also criticises the UK’s plans to slash overseas aid to fund defence spending. Ana Toni: ‘We need to take climate change very seriously, otherwise we will have even more wars in the future.’ Photograph: Maxim Shemetov/Reuters Countries looking to boost their national security through …
Defending Congestion Pricing
By Charles Komanoff, The Washington Spectator Congestion pricing supporters at Lexington Ave. and 60th Street, 12:03 a.m. Jan. 5, 2025. Author is at center, foreground, holding yellow sign. PHOTO: Sproule Love. So much winning. Unjammed bridges and tunnels. Speedier deliveries. On-time buses. Calmer, more inviting streets. Fewer traffic crashes. Repairmen getting …