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Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value. The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid." The traditional power grid carries electricity from a power plant to homes and commercial buildings. Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid. Though a smart grid requires a big up-front investment, it can save a lot of money down the line.
Persons: , That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're Organizations: Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California
CNBC's Inside India newsletter: Will AI make or break India?
  + stars: | 2024-05-02 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +9 min
But one that could foreshadow India's growth story. Can Teleperformance's stock plunge be the canary in the coal mine for what is likely to happen to India because of AI? But it's likely to be a blip for India's growth trajectory, given the macro forces at play. Besides creating jobs that are less likely to be immediately disrupted by AI, India could also be a net beneficiary of artificial intelligence. The Indian stock market indexes, Sensex and Nifty 50 , are heading for a positive week again — up by 1% and 1.2%, respectively.
Persons: Findlay Kember, Klarna, ChatGPT, K Krithivasan, Krithivasan, Narendra Modi, It's, Shilan Shah, Goldman Sachs, Vinay Dwivedi, Ashok Gulati, Nomura, League Pickleball, Karine Jean, Pierre, Jerome Powell, Raghuram Rajan, Ashish Jain, CNBC's Ayushi Jindal Organizations: AFP, Getty, India's Tata Consultancy Services, Financial Times, TCS, World Bank, International Monetary Fund, University of Oxford, Capital Economics, Investment, Nomura, Qualcomm, Powerchip Semiconductor Manufacturing, UPI, India, Commission, Agricultural, United Pickleball Association, Global Sports, PPA, League, Washington Post, White, U.S ., Federal, CNBC, Reserve Bank of India, University of Chicago Booth School of Business Locations: Swedish, Paris, India, Chennai, U.S, Europe, China, Singapore, South Korea, Canada, United States
The US is trying to cut itself off from China's green tech like solar, EVs, and batteries. The moves could hit China's economy and risks slowing down the green transition. The US and China, as the world's largest polluters, are key to solving the climate crisis. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The US wants to protect its factories against competition from cheaper products, which, in turn, could hit China's economy and risk slowing down the green transition.
Persons: Liu Zhenmin, Biden Organizations: Service, Business Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRepublic First Bank's failure is not a sign of broader problems among regional banks: AnalystDavid Smith of Autonomous Research discusses why he thinks Republic First Bank is not a "canary in the coal mine" and how a higher-for-longer interest rate environment might affect the regional bank sector.
Persons: David Smith Organizations: Autonomous Research, Bank
JPMorgan's calls for a "reality check" on the world's energy transition goals and pathway is a "sensible," the UAE's energy minister told CNBC. "We need always, whenever we put up predictions, especially long term ones, to have a reality check," Suhail Al Mazrouei told CNBC's Dan Murphy in Riyadh, Saudi Arabia on the sidelines of the World Economic Forum. In a recent note to client, JPMorgan warned that the world needed a "reality check" on its efforts to move from fossil fuels to renewables, pointing out that it could take "generations" to reach net-zero targets. "I think it's a very sensible article," said Al Mazrouei. The minister, however, highlighted that the circumstances and financial capabilities of each country on undertaking the energy transition goals will vary.
Persons: Al Mazrouei, CNBC's Dan Murphy Organizations: CNBC, Economic, JPMorgan Locations: Riyadh, Saudi Arabia, Ukraine
Hosts broke out bottles of expensive orange soda that they freely mixed with expensive warm beer. We could not escape drinking this any more than we could escape our government-assigned “guide,” whose job was to strictly monitor visitors like us. My students were coal mining engineers preparing to study abroad, so that they might bring back safer mining techniques. After class, my students would bring stools out to the basketball court where, each facing a different direction, they would sit and study for hours on end. Loving their country and wanting to make it strong, they were grateful for Westerners like me.
Persons: Organizations: Shandong Mining Institute Locations: Nanjing, China, Shanghai
New coal mines continue to open each year, and oil and gas companies are still exploring new parts of the world. But increasingly, people — especially Indigenous communities — are saying no to new fossil fuel developments on their land and using courts and legislatures to deliver the message. In India, protests by Adivasi communities persuaded officials to cancel the auction of land for coal mines in the biodiverse forests of Chhattisgarh State. On Monday, leaders of these and other grass-roots environmental movements, spanning six countries, won the Goldman Environmental Prize. “One of the things we’ve seen in recent years is that environmental law, protection of natural resources, has become intertwined with human rights law and the law of Indigenous people,” said Michael Sutton, an environmental lawyer and the executive director of the Goldman Environmental Foundation.
Persons: , Michael Sutton Organizations: Shell Global, Goldman, Goldman Environmental Foundation Locations: India, Chhattisgarh State, South Africa, Australia, Queensland
CNN —Ministers from the Group of Seven nations have agreed to shut down all their coal plants by 2035 at the latest, a UK minister said on Monday, in a climate policy breakthrough that could influence other countries to do the same. Putting an end date on coal — the most climate-polluting fossil fuel — has been highly controversial at international climate talks. Many of the other G7 nations already have national plans in place to phase out the fossil fuel. “Coal might be the dirtiest, but all fossil fuels need to be ultimately phased out,” he said. Energy, environment and climate ministers are meeting in Turin for talks that are expected to end on Tuesday.
Persons: ” Andrew Bowie, , Dave Jones, Organizations: CNN, Japan, Department for Energy Security, CNBC, Turing, UK Ministry for Energy, US State Department, Energy, European Union Locations: Italy, COP28, Dubai, France, Canada, United States, Japan, Turin, Germany, United Kingdom, China, India, Saudi Arabia, Russia
Columbia University Apartheid Divest submitted a formal proposal to the committee for withdrawing investments related to Israel in December, which has yet to yield success. Students at Columbia College, the university’s undergraduate school, voted to support the divestment proposal last week. Heading a nationwide South Africa divestment movementCurrently, Columbia lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions that were made in the past decade. In April 1985, students led a three-week student demonstration against Columbia’s investments in South Africa, the New York Times reported at the time. Pete Seeger, right, speaks to the crowd at Columbia University as hundreds of students continued to protest the school's ties to South Africa, April 8, 1985.
Persons: ” Israel, Catherine Elias, Daniel Armstrong, , ” Armstrong, Pete Seeger, Frankie Ziths, G4S, Karla Ann Cote, divests, , Savannah Pearson, Michael Cusack Organizations: New, New York CNN, Columbia University, Columbia University Apartheid, , Columbia, Columbia College, CNN, Coalition, New York Times, American Express, Ford, Ivy League, University of California, Johns Hopkins University, University of North, Corrections Corporation of America, Library, , Columbia’s, Trustees, Columbia’s Teachers College Locations: New York, Gaza, Palestine, Columbia, Vietnam, Upper Manhattan, Israel, South Africa, Sudan, Los Angeles, Chevron, Berkeley, University of North Carolina, Hill, South, United States
Not that long ago, Republican presidents were carrying out the Clean Air and Water Acts, creating the Environmental Protection Agency, expanding the National Park System and even initiating the country’s most authoritative report on climate change, the National Climate Assessment. Many of today’s Republican leaders stoke fear and anger by mocking the most divisive climate activists while claiming that every environmental solution is a radical one. If they’re not doing that, Republicans can often be found on the sidelines and disengaged from the issue completely. Instead of continuing the environmental legacy they were once known for, they have ceded the fight against climate change to Democrats, putting themselves on the wrong side of history. In other words, Donald Trump’s denial of climate change probably cost him the White House.
Persons: they’re, Biden, Donald Trump’s, Gavin Newsom Organizations: Environmental Protection Agency, Park System, Republican, stoke, University of Colorado, Democratic Party, Green Locations: Boulder, California
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
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
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 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 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
Leaving London for New York City felt like the only option. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo years ago, my partner and I were still living in a one-and-a-half-bedroom basement in London. AdvertisementLeaving London for New York felt like the only optionAfter that, I had to admit, grudgingly, that going to New York seemed like the best option. The poverty in New York City is reported to have increased in recent years, bringing the total number of New Yorkers living in poverty to 2 million, according to a report from Robin Hood, an anti-poverty philanthropy.
Persons: Hannah Crown, , we've, we'd, Peter, We've, I've, Robin Hood, It's Organizations: Service, Apple, Radio City, London Locations: British, England, London, New York City, New York, New Jersey, Brooklyn, Macy's, Radio, Dyker Heights, Long
Its towering smokestacks once puffed out clouds of steam. In gigantic machine rooms, turbines whirled around the clock. In the Soviet era, the Kurakhove Heating and Power Plant gave rise to the town around it in Ukraine’s east, driving the local economy and sustaining the community with wages and heating for homes. “Our plant is the heart of our city,” said Halyna Liubchenko, a retiree whose husband worked his entire career in nearby coal mines that fed the facility. That heart is barely beating now, partly destroyed by artillery.
Persons: , Halyna Liubchenko Organizations: Power Locations: Soviet, Ukraine’s, Ukraine’s Donbas
Carbon Dioxide Levels Have Passed a New Milestone
  + stars: | 2024-04-20 | by ( Aatish Bhatia | ) www.nytimes.com   time to read: +6 min
Global carbon dioxide levels as of … Play animation Source: National Oceanic and Atmospheric Administration’s Global Monitoring Laboratory The chart shows monthly numbers of carbon dioxide molecules per million molecules of dry air. Carbon Dioxide Levels Have Passed a New MilestoneCarbon dioxide acts like Earth’s thermostat: The more of it in the air, the more the planet warms. More carbon dioxide, warmer temperatures Source: NOAA (carbon dioxide); NASA (temperature) The chart shows the change in global surface temperature relative to 1951–1980, versus global carbon dioxide levels. Currently, carbon dioxide levels are rising at near-record rates. Annual change in carbon dioxide levels Source: NOAA’s Global Monitoring Laboratory The chart shows the increase in global carbon dioxide levels over the course of each year.
Persons: Glen Peters, Doug McNeall, Xin Lan, , El Niño, El, Mr, McNeall, Organizations: NOAA, NASA, National Oceanic, Global, Budget, CICERO Center, International Climate Research, Britain’s Met
Climate promises are hard to keep. Scotland is the latest, perhaps most surprising example. Scotland, an early industrial power and coal-burning behemoth, was also an early adopter of an ambitious and legally binding government target to slow down climate change. It had promised to pare back its emissions of planet-heating greenhouse gases by 75 percent by 2030, compared to 1990 levels. That is a sharp contrast to the bullishness of the Scottish government in 2021, when diplomats from around the world gathered in Glasgow for international United Nations climate talks.
Persons: pare, Màiri McAllan, Nicola Sturgeon Organizations: Scottish, United Nations Locations: Scotland, Britain, Glasgow
Sopa Images | Lightrocket | Getty ImagesMining of critical minerals plays a crucial role in the global green transition, but the broader industry's bad reputation and other challenges present investment barriers, industry experts warn. Critical minerals include metals such as copper, lithium, nickel, cobalt and rare earth elements, and are important components in emerging green technologies such as wind turbines and electric vehicles. Speaking on a panel at Singapore's annual Ecosperity Week, which ended Wednesday, mining industry experts and investors said the growing demand from green tech makes it necessary to increase government support and capital flows into the critical mining sector. Many of the same companies that mine critical minerals also mine environmentally damaging fossil fuels like coal. One area that has seen recent strides and investments has been in the recycling of critical minerals, which cuts down the need of extraction.
Persons: Adam Matthews, Dominic Barton, Barton, Scott Clements Organizations: PT Vale, Getty Images, Global Investor Commission, Mining, Royal Bank of Canada, Rio Tinto, LeapFrog Investments, International Renewable Energy Agency, EV, World Bank, Tribeca Capital Locations: PT Vale Indonesia, China, Paris, Rio, Indonesia's Sulawesi, Rio Tinto, Western Australia
Alphotographic/Getty ImagesCharcoal chimney starters are the preferred way to start a charcoal grill for most people. To start a charcoal grill using a chimney starter:1. This will take a bit longer than it would with a charcoal chimney but the charcoal should all ignite within about 15 minutes. AdvertisementHow to start a charcoal grill with lighter fluidAccording to the experts, this is the least recommended of the three charcoal grill starting methods. AdvertisementInsider's takeawayThough it may seem intimidating, lighting a charcoal grill is simple.
Persons: , Matt Groark, Liam, Myles Snider, Mother, You'll, Snider, Groark, we've, Joe, Marianne Ayala Organizations: Service, Groark, Walmart
Colossal, 50-foot prehistoric snake discovered in India
  + stars: | 2024-04-18 | by ( Katie Hunt | ) edition.cnn.com   time to read: +4 min
CNN —A giant prehistoric snake longer than a school bus slithered around what is now India 47 million years ago, according to new research. A panoramic view of Panandhro Lignite Mine, in western India's Gujarat state, shows the fossiliferous level (red arrow) where the giant snake Vasuki indicus was found. However, the snake would have rivaled the largest known snake species — the extinct Titanoboa — in size. Snake size and the role of climateSnakes are cold-blooded and need heat from the environment to survive. Datta and Bajpai said the snake lived in a coastal marsh and swamp.
Persons: dwarfing, indicus, Shiva, Debajit Datta, Sunil Bajpai, , Datta, Verma Debajit, Bajpai, Titanoboa, Vasuki Organizations: CNN, Indian Institute of Technology Locations: India, Indian Institute of Technology Roorkee, Uttarakhand, India’s Gujarat, India's Gujarat, Colombia
As China’s cities grow, they are also sinking. In 100 years, a quarter of China’s urban coastal land could sit below sea level because of a combination of subsidence and sea level rise, according to the study. “It’s a national problem,” said Robert Nicholls, a climate scientist and civil engineer at the University of East Anglia who reviewed the paper. Dr. Nicholls added that, to his knowledge, this study is the first to measure subsidence across many urban areas at once using state-of-the-art radar data from satellites. Subsidence in these cities is caused in part by the sheer weight of buildings and infrastructure, the study found.
Persons: , , Robert Nicholls, Nicholls Organizations: University of East Anglia
Photos show how the UAE, United States, and other countries have been seeding clouds for decades. Historic floods in Dubai didn't come from cloud seeding, but humans' climate impacts are playing a role. Related storiesAccording to several scientists, cloud seeding isn't the driving force behind Dubai's historic floods. Packets of salt are pictured during a cloud seeding operation at a military airbase in Subang, Malaysia. The real threat behind Dubai's floodsMany atmospheric scientists have dismissed the idea that cloud seeding was behind Dubai's floods.
Persons: GIUSEPPE CACACE, Getty, Prometheus, Frankenstein —, Thomas Peipert, Al Hayer, Amr Alfiky, Andrea DiCenzo, Lim Huey Teng, there'd, Friederike Otto, John Marsham, Jeff Big Jeff, Gary Coronado, Marsham, Fred Greaves, Otto Organizations: Dubai didn't, Service, United Arab Emirates, United Arab, UAE, Reuters, National Center of Meteorology, United, UAE's National, of Meteorology, Militia, Imperial College London, Science Media, SMC, University of Leeds, Los Angeles Times, Getty, UAE isn't, National Park Service, AP Locations: UAE, United States, Dubai, United Arab Emirates, Rocky, Lyons , Colorado, China, Australia, Al Ain, Utah, Dongkou county, Shaoyang, Hunan province, Subang, Malaysia, Bannon, Sacramento, , California, California's Sacramento County
U.S. to Limit Deadly Mining Dust as Black Lung Resurges
  + stars: | 2024-04-16 | by ( Chris Hamby | ) www.nytimes.com   time to read: +1 min
Federal regulators on Tuesday will issue new protections for miners against a type of dust long known to cause deadly lung ailments — changes recommended by government researchers a half-century ago. Mining companies will have to limit concentrations of airborne silica, a mineral commonly found in rock that can be lethal when ground up and inhaled. The new requirements will affect more than 250,000 miners extracting coal, a variety of metals, and minerals used in products like cement and smartphones. Tuesday’s announcement is the culmination of a tortuous regulatory process that has spanned four presidential administrations. As progress on the rule stalled, government researchers documented with growing alarm a resurgence of severe black lung afflicting younger coal miners, and studies implicated poorly controlled silica as the likely cause.
Persons: , Chris Williamson, Organizations: Miners, Health Administration
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