Absolutely, I have experienced investing in a way that green growth has led to both equitable growth and decarbonization, but also have lived experience of what degrowth can do to a country, and how, in my view, [degrowth] is not really a solution.
Hudson Valley families are being suffocated with rising energy costs, because of Governor Hochul's failed and disastrous energy policies. It is time to reverse course. I'm calling for Indian Point to be rebuilt and reopened.
Many planned projects have been delayed or scrapped. Adrian Odenweller and Falko Ueckerdt at the Potsdam Institute for Climate Impact Research in Germany tracked 190 projects globally that were due to begin operating in 2023. The researchers found that only 7% of these had begun operations as scheduled.
Campaigners from the Climate Action Network, a pan-European group of NGOs, said European industry was under real pressure from high energy prices, ageing assets, global overcapacity and delayed investments, but these issues could not be solved by watering down climate and environmental policies. Deregulation is not an industrial strategy, the group wrote in an open letter, which argued that the problems facing energy-intensive industries, including steel, cement and chemicals, were driven by prices of fossil fuel-derived energy and global market dynamics, rather than environmental regulation.
But to environmental advocates, the announcement sounded less like relief and more like a bill for working people, one that would result in higher fuel costs, increased pollution, and a slower path to clean energy. Critics warn that the decision represents a blow to the energy transition and a significant setback in the fight against climate change overall.
A few months ago, Marjorie Taylor Greene, then a Georgia representative, held a hearing on her bill to ban research on geoengineering, which refers to technological climate interventions, such as using reflective particles to reflect away sunlight. The hearing represented something of a first a Republican raising alarm bells about human activity altering the health of the planet. Of course, for centuries, people have burned fossil fuels to power and feed society, emitting greenhouse gases that now overheat the planet.
It seems possible that what will ultimately emerge is a clarified sense of principles and a deeper commitment to them (which is why part of the conflict is over American history itself). On one hand, there are the heads of the federal government and their spokespeople, whose lies are part of their disdain for the electorate and the rule of law.
A source tipped us off to something strange: a campaign called KICLEI was flooding city councillor inboxes across Canada with slick, professional-sounding messages urging municipalities to abandon their climate commitments. It posed as environmental wisdom, but it was a Trojan Horse designed to undermine municipal climate policy. Before, we would have investigated one city and written one story. But we had access to something new: a search engine we'd built in-house covering 617 municipalities and 24,318 council meetings.
Hundreds of Arctic rivers and streams are turning bright red-orange, not from chemical pollution, but from naturally occurring iron spilling from long-frozen ground as temperatures warm. The "rusting rivers" phenomenon, which has been documented across the Brooks Range in northern Alaska, offers a vivid example of the effects of climate change in a region that is warming faster than the global average. The finding was reported in the National Oceanic and Atmospheric Administration's annual Arctic Report Card, released Tuesday. NOAA has released the report for 20 years as a way to track rapid changes in the northernmost part of the planet.
The once-rigid link between economic growth and carbon emissions is breaking across the vast majority of the world, according to a study released ahead of Friday's 10th anniversary of the Paris climate agreement. The analysis, which underscores the effectiveness of strong government climate policies, shows this decoupling trend has accelerated since 2015 and is becoming particularly pronounced among major emitters in the global south. Countries representing 92% of the global economy have now decoupled consumption-based carbon emissions and GDP expansion, according to the report by the Energy and Climate Intelligence Unit (ECIU).