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☆ Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
▼ + stars: | 2024-04-26 | by ( Annie Nova | ) www.cnbc.com time to read: +7 min

The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.

Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
▼ + stars: | 2024-04-26 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Exxon Mobil is working on technology to directly remove carbon dioxide from the atmosphere with the goal of slashing sky-high costs by half, CEO Darren Woods said Friday. Woods said direct air capture technology holds huge long-term potential as a tool to address climate change. But it is currently unaffordable at scale, with the removal of atmospheric emissions costing between $600 to $1,000 per ton. He added that atmospheric emissions are extremely dilute and require a massive amount of air to be processed to remove a single ton of carbon dioxide. "This is a tough challenge to break and I'm not pretending like we're going to be the ones to solve it," Woods said.

Persons: Darren Woods, Woods, We're, I'm Organizations: Exxon Mobil, Exxon Locations: Baytown , Texas

☆ How Abrupt U-Turns Are Defining U.S. Environmental Regulations
▼ + stars: | 2024-04-26 | by ( Coral Davenport | ) www.nytimes.com time to read: +1 min

The Biden administration’s move on Thursday to strictly limit pollution from coal-burning power plants is a major policy shift. But in many ways it’s one more hairpin turn in a zigzag approach to environmental regulation in the United States, a pattern that has grown more extreme as the political landscape has become more polarized. Now President Biden is trying once more to put an end to carbon emissions from coal plants. But Mr. Trump, who is running to replace Mr. Biden, has promised that he will again delete those plans if he wins in November. If Mr. Trump wins the presidency, he is likely to exit the accord.

Persons: Barack Obama, Donald J, Trump, Biden, Obama Organizations: Biden, Republican, United States, Mr, Democratic, White Locations: United States, Paris

☆ King Charles is planning to add a solar farm to Sandringham
▼ + stars: | 2024-04-26 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

London CNN —King Charles III is making plans to install around 2,000 solar panels in the grounds of Sandringham Estate, in a sustainability drive that could see the entire country property powered by zero-carbon energy. The new venture, confirmed to CNN by a Sandringham Estate spokesperson, will provide renewable energy to power Sandringham House and the visitors’ center, with any surplus electricity returned to the grid. 06:03 - Source: CNNThe solar panels will be built on a secluded plot of land near Sandringham House, currently used as horse-grazing paddocks. The King’s latest venture follows the installation of a small number of solar panels on the roof of Sandringham House in early 2022. The monarch’s private residence, Highgrove House in Gloucestershire, also has some solar panels in its gardens.

Persons: London CNN — King Charles III, Charles, Highgrove, won’t, ”, Steve Gower, paddocks Organizations: CNN’s Royal, London CNN, Sandringham Estate, CNN, Sandringham House, Norfolk Constabulary Locations: London, Sandringham, Gloucestershire, Dubai

☆ Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
▼ + stars: | 2024-04-25 | by ( Melissa Eddy | More About Melissa Eddy | ) www.nytimes.com time to read: +1 min

BHP Group, the world’s largest mining company, has proposed a takeover of its rival Anglo American, in a deal that has the potential to shake up the industry at a time when demand for copper is soaring. BHP said on Thursday that it had approached Anglo with a bid valued at 31.1 billion pounds, or $39 billion, in what would be one of the most significant deals in the industry in years. If successful, the acquisition would create the world’s largest miner of copper at a time of growing global hunger for the metal, which is essential to the green-energy transition. Anglo confirmed that it had received an “unsolicited, nonbinding and highly conditional combination proposal from BHP” and that its board was reviewing the offer with its advisers. In the United States, President Biden’s signature climate and energy law, the Inflation Reduction Act, contains hundreds of billions of dollars in tax credits to help companies switch to low-carbon energy sources.

Organizations: BHP Group, BHP, BHP ” Locations: United States

☆ This startup helps plants talk to farmers, reducing pesticides and agricultural waste
▼ + stars: | 2024-04-25 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

What if plants could talk to farmers and tell them when they're distressed? That would not only help the plants but also reduce the amount of agricultural waste that threatens the planet's health. Now companies like SatAgro, Climate FieldView, and a California-based startup called InnerPlant are working to reduce agricultural waste. From that signal, farmers know what to treat, meaning they don't waste money on chemicals, which are over-applied by up to 30%, Aronov said. In addition to Bison Ventures, InnerPlant is backed by John Deere, MS&AD Ventures, UpWest VC and Bee Partners.

Persons: Shely Aronov, Aronov, InnerPlant, Tom Biegala, John Deere, Lisa Rizzolo Organizations: Environmental Protection Agency, National Institute of Food, Agriculture, Bison Ventures, InnerPlant, AD Ventures, UpWest, Bee Partners, CNBC Locations: California, North America, South America

☆ CNBC's Inside India newsletter: A $270 billion gamble on green?
▼ + stars: | 2024-04-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Solar panels stand at the Welspun Energy solar power plant in Neemuch, Madhya Pradesh, India. One sector in particular — electrical power transmission — will see $270 billion in financial benefits, according to Goldman Sachs. While utilities like the Power Grid Corporation of India may be perceived as unsexy, compared to growth stocks like Tesla, India plans to promote renewable energy without the taxpayer spending a single rupee. The country has added about 70 gigawatts of solar power capacity over the past decade without piling on further costs by simply maximizing the grid's usage. Currently, state governments in India levy surcharges and taxes on every unit of carbon-intensive energy transmitted through the grid.

Persons: Vivek Prakash, Elon Musk, Narendra Modi, Goldman Sachs, It's, Vinay Dwivedi, India Anna Dravida, Vinay, Modi, Mohamed Muizzu's, Jamie Dimon, Modi's Organizations: Bloomberg, Getty, U.S, Power Grid Corporation of India, Goldman, Companies, Reliance Industries, Adani Enterprises, Tamil Nadu —, Dravida Munnetra Kazhagam, India Anna Dravida Munnetra Kazhagam, CNBC, Modi's Bharatiya Janata Party, Vodafone Idea, Vodafone, West, Economic, of New, JPMorgan, CNBC Pro, we'll Locations: Neemuch, Madhya Pradesh, India, Tamil Nadu, Dravida, New Delhi, Maldives, China, Beijing, West Indies, Pakistan, U.S, of New York

☆ Five Things to Know About Biden’s New Power Plant Rules
▼ + stars: | 2024-04-25 | by ( Coral Davenport | Lisa Friedman | ) www.nytimes.com time to read: +2 min

The most consequential of the new rules is aimed at nearly eliminating carbon dioxide emissions from the coal plants. Once implemented, the rules are widely expected to result in the shuttering of nearly all the nation’s remaining coal plants by 2040. Here’s what to know about President Biden’s new moves to clean up coal power. There is no widely used technology available to substantially reduce carbon dioxide emissions from power plant smokestacks. The cheapest way to comply may be to just shut down the nation’s roughly 200 remaining coal plants.

Persons: Biden, Biden’s Organizations: Environmental Protection Agency Locations: America, United States

☆ The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
▼ + stars: | 2024-04-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.

Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium

☆ New Biden Climate Rules Could Shutter Remaining American Coal Plants
▼ + stars: | 2024-04-25 | by ( Lisa Friedman | Coral Davenport | ) www.nytimes.com time to read: +1 min

The Biden administration on Thursday placed the final cornerstone of its plan to tackle climate change: a regulation that would force the nation’s coal-fired power plants to virtually eliminate the planet-warming pollution that they release into the air or shut down. The regulation from the Environmental Protection Agency requires coal plants in the United States to reduce 90 percent of their greenhouse pollution by 2039, one year earlier than the agency had initially proposed. The compressed timeline was welcomed by climate activists but condemned by coal executives who said the new standards would be impossible to meet. also imposed three additional regulations on coal-burning power plants, including stricter limits on emissions of mercury, a neurotoxin linked to developmental damage in children, from plants that burn lignite coal, the lowest grade of coal. The rules also more tightly restrict the seepage of toxic ash from coal plants into water supplies and limit the discharge of wastewater from coal plants.

Persons: Biden Organizations: Environmental, Agency Locations: United States

☆ A vegan restaurant is switching to serving meat, saying plant-based eating isn't enough to save the planet
▼ + stars: | 2024-04-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

The restaurant will instead support regenerative farming practices — a move condemned by PETA. AdvertisementThe chef of a Los Angeles vegan restaurant announced that her restaurant is rebranding and transitioning to serving meat, dairy, and eggs. Renamed the Sage Regenerative Kitchen & Brewery, the restaurant will instead focus on supporting regenerative farming practices, Engelhart said in an Instagram video. AdvertisementEngelhart told the LA Times that she was being "vulnerable" in announcing the move, and that she had braced herself for the "vitriol" to come. She also told the LA Times that financial considerations influenced her decision, with the newspaper reporting that the restaurants had not been profitable since 2020.

Persons: —, Mollie Engelhart, Engelhart, William H, Schlesinger, pushback, Jayde Nicole, Hannah Weseloh, Englehart Organizations: PETA, Service, Brewery, Los Angeles Times, LA Times, Cary Institute of Ecosystem Studies Locations: Los Angeles, Echo Park, Culver City, Pasadena, LA

☆ Dubai’s floods were made worse by climate change, scientists find
▼ + stars: | 2024-04-25 | by ( Angela Dewan | ) edition.cnn.com time to read: +5 min

Using scientific models, the team was unable to determine precisely how much more likely climate change had made the floods. Changing circulation patterns driven by global warming are also increasing rainfall intensity, the analysis noted. Global warming was the only remaining reason they could identify to explain the heavier downpour. However, the focus must be on slowing climate change, she added. “While we can’t stop El Niño, we can stop climate change,” Otto said.

Persons: Amr Alfiky, ”, Sonia Seneviratne, Mansour Almazroui, King Abdulaziz University’s, Friederike Otto, Niño, Otto said, El, ” Otto, Francois Nel, Sultan Al, Jaber, CNN’s Abbas Al Lawati Organizations: CNN, United Arab, United Arab Emirates, Global, Reuters “, Institute for Atmospheric, Science, King Abdulaziz University’s Center, Excellence, Change, Grantham Institute, International Energy Agency Locations: United Arab Emirates, Oman, El, Dubai, UAE, Dubai’s, Zurich, Jeddah, Saudi Arabia, London, Paris, deadlier

☆ The US is preparing to hit back at China's glut of cheap solar panels by targeting its allies
▼ + stars: | 2024-04-24 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

The world is awash in solar panels after Chinese-owned firms flooded the market with cheap exports. Companies including Qcells, First Solar, and Swift Solar on Wednesday asked the Biden administration to slap tariffs on solar cells from four countries in Southeast Asia. The US solar companies allege that Chinese-owned firms operating in Cambodia, Malaysia, Thailand, and Vietnam are illegally undercutting the market. The petition by US solar companies — known as an anti-dumping and countervailing duty case — could lead to that. The probe will help determine whether solar panels were sold in the US at prices below the cost of production.

Persons: Biden, we've, Tim Brightbill, Wiley Rein, Joe Biden, Janet Yellen, Yellen, Premier Li Qiang Organizations: Service, Companies, Wednesday, Business, Wiley, China, Industry, Commerce Department, US Commerce Department, International Trade Commission, Premier, New York Times Locations: Southeast Asia, Cambodia, Malaysia, Thailand, Vietnam, Germany, America, Massachusetts, China

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City

☆ Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
▼ + stars: | 2024-04-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable. Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. Unlike the West, Saudi Arabia is cozying up to China. "There are lots of opportunities for China to invest in Saudi Arabia," Alibrahim told the media outlet. In March last year, China brokered a détente between Saudi Arabia and Iran, prompting concerns over waning US influence in the Middle East.

Persons: Amin Nasser, Nasser, China's overcapacity, Janet Yellen, Olaf Scholz, China Nasser's, Faisal Alibrahim, Alibrahim, Jon Alterman Organizations: Saudi, Service, Saudi Aramco, World Energy, Financial Times, West, Nikkei, Aramco, Center for Strategic, International Studies, China Economic, Security Locations: China, Saudi Arabia, Saudi Aramco, Saudi, Rotterdam, East Asia, Beijing, Saudi Arabian, Iran, United States

☆ Indonesia volcano: How Ruang eruption could impact weather and climate
▼ + stars: | 2024-04-23 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

And the day-to-day weather conditions near Mount Ruang – things like temperature, clouds and rain – probably won’t be influenced by the volcano for long, Huey told CNN. Mount Ruang, a 2,400-foot (725-meter) stratovolcano on Ruang Island in Indonesia’s North Sulawesi province, has erupted at least seven times since Tuesday night, the country’s volcanology agency said. Mount Ruang spewed lava and and ash on April 17, seen from Sitaro, North Sulawesi. Once in the stratosphere, sulfur dioxide and water vapor combine to form sulfuric acid aerosols that create a layer of hazy droplets, according to UCAR. In 1991, Mount Pinatubo – another stratovolcano – erupted in the Philippines and produced the largest sulfur dioxide cloud ever measured.

Persons: Greg Huey, Huey, Ruang, ” Huey, Mount Pinatubo, wouldn’t, CNN’s Kathleen Magramo Organizations: CNN, Georgia Tech’s School of, Atmospheric Sciences, NASA, Volcanology, Getty, United States Geological Survey Locations: Ruang, Indonesia, Mount, Indonesia’s North Sulawesi, Sitaro, North Sulawesi, Philippines

☆ 'We can save our planet faster': Robotics tech and software offer efficient reforestation solutions
▼ + stars: | 2024-04-23 | by ( Christine Macintyre | ) www.businessinsider.com time to read: +8 min

Companies are using drones and special software to plant trees and overcome reforestation pain points. Robotics making reforestation more efficientThe tech-driven company Mast Reforestation uses drones and biotechnology to help landowners restore forestland after wildfires. Another company using robotics to plant trees is Flash Forest, which employs automated drones to restore burn sites and other damaged forest areas. To combat this issue, Mast Reforestation uses its custom-built software as a seed-inventory and seed-collection logistics platform. The software helped Mast Reforestation collect enough seeds last year to reforest about 2,100 acres on Sheep Creek Ranch in Montana.

Persons: Matthew Aghai, Aghai, Grant Canary, they're, Chris Ireland, Flash, Randy Johns, Jeff Renton, Forest's Organizations: Service, Global Forest Watch, Forest, Ireland, Business, Flash, Boreal, Keewatin Community Development Association, Flash Forest Locations: forestland, Technology, —, Canada, Ireland, Keewatin, Canadian, Saskatchewan, Montana, , Montana

☆ New Delhi chokes as trash mountain fire spreads hazardous fumes
▼ + stars: | 2024-04-23 | by ( Rhea Mogul | ) edition.cnn.com time to read: +5 min

Sections of the Ghazipur landfill in New Delhi burst into flames on Sunday, causing dangerous heat and methane emissions and adding to India’s growing climate challenges. Smoke rises on April 23, following a fire that broke out at the Ghazipur landfill in New Delhi, India. Noemi Cassanelli/CNNFires burning at Ghazipur landfill site in New Delhi, India, April 22, 2024. Ghazipur landfill in New Delhi on April 23, following a fire that broke out. Firemen work to douse the fire at Ghazipur landfill on April 22, 2024 in New Delhi, India.

Persons: Noemi Cassanelli, Adnan Abidi, Taj, Narendra Modi, Vipin Kumar, hasn’t Organizations: New, New Delhi CNN, CNN, Reuters, Center for Science, Clean Air Initiative, Municipal Corporation of Delhi, Solutions, Indian, Firemen, Hindustan Times Locations: New Delhi, India, Ghazipur, Bhalswa

☆ 'Bargain' energy stocks: Morningstar strategist picks 5 to buy as oil prices slide
▼ + stars: | 2024-04-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Heightened geopolitical tensions have triggered volatility in crude oil prices, but one strategist is looking keenly for opportunities in the energy sector. Stephen Ellis, energy and utilities strategist at Morningstar, said oil market volatility does present challenges and urged investors to be patient, which "regularly pays off within energy." Brent crude oil prices were trading around $86.50 on Apr. 'Quality' names within energy Ellis said he searches for quality names when selecting stocks in the energy space. "All of these are 'moaty' firms that have some upside to our fair value estimates, even in a period of high oil prices," Ellis explained.

Persons: Stephen Ellis, Ellis, Morningstar, SLB Morningstar, It's Organizations: Morningstar, CNBC Pro, TC Energy, APA Corp, ExxonMobil, Schlumberger Locations: Brent, Suriname

☆ California briefly used batteries as its biggest source of power twice in the last week
▼ + stars: | 2024-04-23 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

California hit a record last week as battery storage became the biggest power provider in the state. AdvertisementBatteries briefly became the biggest source of power in California twice in the past week. In that instance, which broke Tuesday's record, batteries reached a peak output of 6,458 megawatts. By connecting huge, rechargeable batteries to power grids, power utilities can store energy generated during the day by solar panels and wind turbines. California isn't the only state where battery storage is growing quickly.

Persons: — Organizations: Batteries, Service, Business Locations: California, Golden, GridStatus.io, Texas

☆ Three Places Changing Quickly to Fight Climate Change
▼ + stars: | 2024-04-22 | by ( Delger Erdenesanaa | ) www.nytimes.com time to read: +1 min

Atmospheric concentrations of carbon dioxide, the main greenhouse gas, have passed a dangerous new threshold as people continue to burn fossil fuels. Is anyplace making progress on climate change? Steps like these, taken individually, aren’t enough to avoid the most serious consequences of climate change — worsening droughts, intensified storms and human suffering. Still, they show how some places are pulling off significant local changes very quickly. Globally, “we’re not moving as fast as we need to,” said Thomas Spencer, an analyst at the International Energy Agency.

Persons: ”, Thomas Spencer Organizations: International Energy Agency Locations: South America, China, Paris

☆ The $6 billion project to power 1 million NY homes with clean energy is the first of its kind
▼ + stars: | 2024-04-22 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

The 339-mile CHPE transmission line aims to provide hydropower to a million New York City homes. According to EPA data, carbon emissions in the New York City area rose by about 20% between 2019 and 2022. Gas-fired power plants contribute to poor air quality, which can lead to health problems like asthma. The asthma rate for children in New York City, especially in poorer neighborhoods, is one of the highest in the country. New York has six years to achieve its goal of powering 70 percent of its grid with renewable energy.

Persons: It's, CHPE, Donald Jessome, Vural, Ryan Calder, Calder, Methylmercury, Jessome Organizations: Infrastructure, Service, Champlain Hudson Power Express, Transmission Developers, New, Anadolu Agency, Getty, Virginia Tech, Hydro, Department of Energy, Queens, Sierra Club, Center for Biological Diversity, Blackstone, CHPE Locations: York City, Canada, New York, New York City, Ravenswood, Astoria, Albany, there's, Poughkeepsie, Queens , New York, Calder, Lake Champlain, Hudson, York

☆ NYC's EV revolution is riding on Uber and Lyft drivers
▼ + stars: | 2024-04-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +13 min

For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.

Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America

☆ To my son, born in the climate crisis: These helpers changed the fate of the titi
▼ + stars: | 2024-04-22 | by ( Bill Weir | ) edition.cnn.com time to read: +10 min

As River Weir has grown, Bill has been collecting stories of hope, resilience and Earth repair to share with him. “I became really frustrated by the lack of transparency,” Charlie told me. And at an expo in 2006, the fate of the titis turned for the better when the Vargas family walked in. But when she needed $1.2 million to buy nearly 1,000 acres of neighboring ranchland, Chris needed to find more helpers. “It may take a day to cut a hectare of forest,” she told me as we hiked past her plantings and into a meticulous greenhouse.

Persons: Bill Weir’s, Mister Rogers, Weir, Bill, Bill Weir, ” Rosamira Guillen, ”, Rosamira Guillen, Julian Quinones, titi, Rosamira, Charlie Knowles, Richard Nixon’s, Charlie, Laurie Marker, “ I’m, “, Akiko Yamazaki, John Lukas – Charlie, WCN, Rosamina, ” Julian Quinones, Jane Goodall, Vargas, Kira, Chris Vargas, ‘, Steve Jobs, ” Chris, Chris, CNN Bill, Olivia Organizations: CNN, Wildlife Conservation Network, expos Locations: . Dear, South America, Colombia, Barranquilla, American, Namibia, Silicon Valley, ranchland

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