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☆ John Kerry to step into searing China heat as world’s two biggest polluters try to fix fractured ties
▼ + stars: | 2023-07-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

China Energy Investment Corporation, the world’s largest generator of coal-fired power, said its production of electricity reached a historic high on Monday. Kerry, 79, has traveled to China twice since being appointed as US President Joe Biden’s special climate envoy. Li, the Greenpeace analyst, said he would be closely watching who will meet with Kerry in Beijing. That would require the country to phase out coal power, which accounts for about 60% of its total electricity generation. “The expansion of coal is a grave challenge for China’s climate policy,” Li said.

Persons: John Kerry, ”, Li Shuo, Nancy Pelosi’s, ” Li, Andy Wong, Kerry, Biden, Antony Blinken, Xi Jinping, Janet Yellen, China’s Premier Li Qiang, Blinken, Wang Yi, Alex Wang, Joe Biden’s, Xie Zhenhua, Arnd Wiegmann, Li, Xie Jianhua, Ding Xuexiang, Xi, Obama, Xie, ” Kerry, “ I’m, Stringer, Wang, “ It’s, “, ” Wang Organizations: Hong Kong CNN, Beijing Sunday, Greenpeace, Washington, US, Taiwan —, China Energy Investment Corporation, China’s Premier, University of California, US State Department, China’s Ministry of Ecology, Economic, Blinken, Kerry, CNN, COP28, UCLA, Global Energy Monitor Locations: Hong Kong, Beijing, United States, China, Greenpeace China, Taiwan, Jakarta, “, Los Angeles, Kerry, Shanghai, Tianjin, People’s Republic of China, Davos, Switzerland, Washington, Paris, China Glasgow, Dubai, Lianyungang, China's, Jiangsu, AFP

☆ Compounding Disasters
▼ + stars: | 2023-07-13 | by ( German Lopez | More About German Lopez | ) www.nytimes.com time to read: +2 min

Wildfire smoke recently blanketed the Midwest and Northeast — at times giving U.S. cities the worst air quality in the world. These events show one danger of global warming: Simultaneous climate disasters can play off one another, further worsening extreme weather and straining limited resources. Consider some examples:For years, the U.S. and Australia shared firefighting resources because their fire seasons do not typically overlap. In both cases, the two conditions, exacerbated by climate change, compounded each other to cause more disasters. States often support each other during natural disasters by sending equipment or opening residents’ homes to people who have been displaced.

Persons: York can’t Locations: Arizona , Texas, Florida, New York, Vermont, Midwest, Northeast, U.S, Australia, California, Western U.S, Pakistan, York, North Carolina , Michigan, Connecticut

☆ U.S. climate envoy John Kerry to visit China as talks pick up again
▼ + stars: | 2023-07-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

US climate envoy John Kerry (L) gestures as he speaks next to China's special climate envoy Xie Zhenhua (R) during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. BEIJING — John Kerry, special presidential envoy for climate, is set to visit Beijing from July 16 to 19, according to announcements from the U.S. and China. Kerry's trip will mark the third time in a month that a high-level U.S. official has traveled to China for talks. Treasury Secretary Janet Yellen ended a four-day trip to Beijing on Sunday. Secretary of State Antony Blinken visited Beijing in late June, months after he was originally scheduled to travel there in February.

Persons: John Kerry, Xie Zhenhua, BEIJING — John Kerry, Kerry, Janet Yellen, Antony Blinken, Blinken Organizations: U.S . State Department, Sunday Locations: Davos, BEIJING, Beijing, U.S, China, People's Republic of China

☆ A ‘perfect storm’ is unfolding this summer and it’s ‘supercharging’ the weather, scientist says
▼ + stars: | 2023-07-11 | by ( Angela Fritz | ) edition.cnn.com time to read: +4 min

CNN —A “perfect storm” is unfolding this summer, one climate scientist told CNN, as atmospheric ingredients combine to create deadly flooding in the Northeast US and record-breaking heat in the Southwest US and around the world. “Sure, weather is weather. It’s going to happen — rainfall, flooding events are going to happen,” Mann told CNN. The jet stream is the fast-moving river of air high in the atmosphere that ushers weather systems across the globe. “The jet stream basically stalls and those weather patterns remain in place — those high and low pressure centers remain in place,” Mann said.

Persons: Irene, Michael E, Mann, ” Mann, “, ”, Joel Angel Juarez, ” El Organizations: CNN, Southwest, National Oceanic, Atmospheric Administration, University of Pennsylvania, USA, Phoenix Locations: Rivers, Vermont, West Point , New York, Roosevelt, Phoenix, The Republic, Europe, El

WASHINGTON, July 11 (Reuters) - U.S. climate envoy John Kerry on Monday will become the Biden administration's third senior official to visit China in recent weeks after trips by Treasury Secretary Janet Yellen and Secretary of State Antony Blinken. A U.S. official said on Tuesday that Kerry would visit from Monday to Thursday. The two countries have previously cooperated on climate change with breakthroughs that led to the 2015 Paris climate accord. Last month, Blinken met President Xi Jinping in China but soon after his trip ended, U.S. President Joe Biden referred to Xi as a 'dictator,' risking a further deterioration of relations. China last year briefly suspended talks with the United States on climate, security and other matters in response to a visit to Taiwan by U.S. House of Representatives by then-Speaker Nancy Pelosi.

Persons: John Kerry, Janet Yellen, Antony Blinken, Kerry, Washington, China, Xie Zhenhua, Yellen, Blinken, Xi Jinping, Joe Biden, Xi, Nancy Pelosi, Valerie Volcovici, Kanishka Singh, Howard Goller Organizations: Biden, U.S, Beijing, U.S . House, Thomson Locations: China, Taiwan, Paris, U.S, United States

This week’s flooding in Vermont, in which heavy rainfall caused destruction far from rivers or coastlines, is evidence of an especially dangerous climate threat: Catastrophic flooding can increasingly happen anywhere, with almost no warning. And the United States, experts warn, is nowhere close to ready for that threat. The idea that anywhere it can rain, it can flood, is not new. But rising temperatures make the problem worse: They allow the air to hold more moisture, leading to more intense and sudden rainfall, seemingly out of nowhere. “It’s getting harder and harder to adapt to these changing conditions,” said Rachel Cleetus, policy director for the climate and energy program at the Union of Concerned Scientists.

Persons: “, ”, Rachel Cleetus, “ It’s Organizations: Union of Concerned Locations: Vermont, United States, New Orleans, Miami, Houston, Charleston, New York City

☆ Global heat in ‘uncharted territory’ as scientists warn 2023 could be the hottest year on record
▼ + stars: | 2023-07-08 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

It works like this: As the world burns fossil fuels and pumps out planet-heating pollution, global temperatures are steadily warming. David J. Phillip/APWhile the record temperatures may have been expected, the magnitude by which some have been broken has surprised some scientists. Historically, global heat records tend to topple in El Niño years, and the current record-holder, 2016, coincided with a strong El Niño. The world gets hung up on blockbuster records but “these heat records are not exciting numbers,” she told CNN. CFOTO/Future Publishing/Getty ImagesUnheeded warningsFor climate scientists, this is the “I told you so” moment they never wanted.

Persons: –, Jennifer Francis, ” Carlo Buontempo, Copernicus, “, we’ve, ” Francis, El, ”, Friederike Otto, Andres Matamoros, David J, Phillip, Peter Stott, There’s, Robert Rohde, ” Otto, Prashanth Vishwanathan, Niño, El Niños, ” Stott, Otto said, “ Organizations: CNN, Climate Research, World Meteorological Organization, Grantham Institute, Climate, UK’s Met, ”, Bloomberg, Getty, Publishing Locations: Europe, Antarctica, Pacific, El, Houston, Berkeley, Patna, Bihar, India, Texas, Mexico, China, Beijing, Northern, Zhonghua, Handan, North China's Hebei

Beijing/Hong Kong CNN —US Treasury Secretary Janet Yellen urged China on Saturday to combat the “existential threat” of climate change by supporting international funds intended to help developing countries confront the crisis. On the second full day of her visit to Beijing, Yellen said the United States and China should work together to tackle global challenges despite differences over a range of issues. Yellen said China’s support for existing multilateral climate institutions like the Green Climate Fund (GCF) and the Climate Investment Funds, alongside the United States and other partners, could improve their impact. The GCF is the main climate financing mechanism of the United Nations and helps developing countries to tackle climate change. Kerry would be the third Cabinet official from the Biden administration to travel to China, after Yellen and Secretary of State Antony Blinken, who visited in June.

Persons: Janet Yellen, Yellen, —, ”, Joe Biden, Nancy Pelosi’s, China Nicholas Burns, John Kerry, Kerry, Biden, Antony Blinken Organizations: Hong Kong CNN, Climate, United Nations, Amazon Fund, US, Yellen Locations: Beijing, Hong Kong, China, United States, Taiwan

Beijing/Hong Kong CNN —The world is big enough for both the United States and China to thrive, US Treasury Secretary Janet Yellen said Sunday as she wrapped up a visit to Beijing aimed at stablizing the relationship between the world’s two largest economies. But I expect that this trip will help build a resilient and productive channel of communication,” Yellen told a news conference in Beijing. “China believes that generalizing national security is not conducive to normal economic and trade exchanges,” it said. Yellen said she discussed with Chinese officials areas of cooperation on global challenges, including working together to mobilize multilateral financing for climate action. US climate envoy John Kerry is expected to visit China next, according to US Ambassador to China Nicholas Burns, though he did not provide a timetable for the trip.

Persons: Janet Yellen, Yellen, Li Qiang, Pan Gongsheng, ” Yellen, —, Thomas Peter, ”, “, Biden, That’s, John Kerry, China Nicholas Burns Organizations: Hong Kong CNN, Communist Party, Washington, Sunday, Reuters, US, China’s, Xinhua, China, Bain & Company, Group, Street, Politico, Ukraine Locations: Beijing, Hong Kong, United States, China, “, Japan, Netherlands, decouple, Shanghai, American, ”

☆ Global shipping industry climate pledge slammed as a ‘wishy washy’ compromise
▼ + stars: | 2023-07-07 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —The shipping industry has agreed a climate pledge to reduce its planet-heating pollution to net zero “by or around” 2050. That changed on Friday, when the International Maritime Organization, the UN body that regulates global shipping, published a new climate strategy after days of negotiations between the organization’s 175 member states. IMO secretary-general Kitack Lim said in a statement that the new climate strategy provides a “clear direction, a common vision, and ambitious targets.”Industry groups welcomed the deal. John Maggs, the president of the Clean Shipping Coalition criticized the “vague and non-committal language” in the new climate strategy. Countries pledged in the Paris Climate Agreement to limit global warming to well below 2 degrees – and preferably to 1.5 degrees – compared to pre-industrial temperatures.

Persons: Kitack Lim, Simon Bennett, Albon, ” Ralph Regenvanu, John Maggs, Faïg, ”, IMO’s Lim, “ Organizations: CNN, International Maritime Organization, UN, ” Industry, International Chamber of Shipping, Clean Shipping Coalition, Environment Locations: Paris, Marshall, Vanuatu

CNN —The planet’s temperature soared again on Thursday to levels not seen in the modern record-keeping era, marking the fourth straight day of record temperatures. On Monday, the average global temperature reached 17.01 degrees Celsius (62.62 degrees Fahrenheit), the highest in the NCEP’s data, which goes back to 1979. On Tuesday it climbed to 17.18 degrees Celsius, where it remained on Wednesday. Before this week, the record in NCEP’s data was 16.92 degrees Celsius and was set in August 2016. Temperature records aren’t just numbers, “but for many people and ecosystems it’s a loss of life and livelihood.”

Persons: Jennifer Francis, Francis, Angel Garcia, Robert Rohde, Niño, “ It’s, ” Friederike Otto, ” Otto Organizations: CNN, University of Maine’s, US National Centers for Environmental, Climate Research, Bloomberg, Getty, Berkeley, El, Grantham Institute, Climate Locations: “, Seville, Spain

☆ Heat Records Fall Around the Globe as Earth Warms, Fast
▼ + stars: | 2023-07-06 | by ( Brad Plumer | More About Brad Plumer | ) www.nytimes.com time to read: +1 min

On Tuesday, global average temperatures rose to a new high of 62.9 degrees Fahrenheit. But, he added, there may be other factors layered on top of human-caused warming that have helped drive temperatures up so dramatically in recent months. For instance, a cyclical phenomenon in the Pacific Ocean known as the El Niño-Southern Oscillation causes year-to-year fluctuations by shifting heat in and out of deeper ocean layers. Global surface temperatures tend to be somewhat cooler during La Niña years and somewhat hotter during El Niño years. “A big reason we’re seeing so many records shattered is that we’re transitioning out of an unusually long three-year La Niña, which suppressed temperatures a bit, and into a strong El Niño,” Dr. Hausfather said.

Persons: Zeke Hausfather, El, “, Hausfather Organizations: Service, Berkeley, Southern

☆ Last month was the planet’s hottest June on record by a huge margin
▼ + stars: | 2023-07-06 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +4 min

The analysis from the European Union’s Copernicus Climate Change Service found that last month was the planet’s hottest June by a “substantial margin” above the previous record, which was set in 2019. The nine hottest Junes have all occurred in the last nine years, according to the agency – evidence the human-caused climate crisis is driving temperatures to unprecedented levels. This is exactly what global warming looks like.”Scientists have warned that these record temperatures bear the fingerprints of the climate crisis. Northwest Europe experienced record-breaking temperatures last, including the UK, which logged its hottest June on record, according to the UK Met Office. “The ocean warming is even more concerning because as the oceans warm, they expand, which means higher sea levels, larger storms surges and more flooding of coastal communities,” Marlon said.

Persons: Copernicus, ” Jennifer Marlon, “, Greenlee Beal, El Niño, ” Marlon, — Organizations: CNN, Southern, Yale School of Environment, Northwest, UK Met Office, Reuters, Climate, Atlantic Locations: Southern US, Mexico, El, Pacific, Northwest Europe, Canada, United States, Asia, Australia, Texas, Central America, Ireland, Baltic, Europe, Iceland, Russia, Turkey, Kosovo, Romania, Scandinavia, America, Horn of Africa, South America, Antarctica

☆ Record ocean temperatures lift Atlantic hurricane outlook
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

July 6 (Reuters) - Forecasters at Colorado State University for a second time raised their estimate for tropical storms during this year's Atlantic hurricane season, citing record warm sea surface temperatures. The group had last month raised its outlook to a near-normal season and number of storms. "Most of the tropical and subtropical Atlantic now has record warm sea surface temperatures," Colorado State's Tropical Meteorology and Climate Research group said in its latest update. The effect of El Nino, a weather phenomenon that suppresses Atlantic hurricane activity, this year has been offset by very hot ocean waters. "The high chance of a robust El Nino is why CSU's hurricane forecast is not for every more activity," wrote CSU researcher Phil Klotzbach.

Persons: El, Phil Klotzbach, CSU's, Gary McWilliams, Marguerita Choy, David Holmes, Conor Humphries Organizations: Colorado State University, Climate Research, CSU, El Nino, U.S . National Oceanic, Atmospheric Administration, Thomson Locations: Colorado

☆ There will be enough lithium to meet demand over the next couple of years, says Commonwealth Bank
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere will be enough lithium to meet demand over the next couple of years, says Commonwealth BankVivek Dhar from Commonwealth Bank of Australia says lithium demand is sufficient for now, but will surge significantly later in the decade as countries set ambitious climate goals.

Persons: Vivek Dhar Organizations: Commonwealth Bank of Australia

☆ El Niño + climate change = heat records
▼ + stars: | 2023-07-05 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —Climate change combined with this year’s El Niño set a new world record for worldwide heat on Tuesday – 62.92 degrees Fahrenheit or 17.18 degrees Celsius. The WMO declared the onset of an El Niño Tuesday and warned governments to prepare for more extreme weather events as a result. This will be the first El Niño in seven years. The last very strong El Niño year – 2016 – also saw the previous record for worldwide heat that August. “It is El Niño on top of decades of human emissions of greenhouse gases.”There is no turning back, he said, but humans can likely slow the change.

Persons: Niño, –, It’s, Bill Weir, we’re, ”, ” Weir, John Abraham, Thomas, Weir, ” Abraham, Abraham, “ Organizations: CNN, National Centers, Environmental, World Meteorological Organization, United Nations, WMO, El, CNN International, University of St, Reuters Locations: Switzerland, Americas, Africa, Quebec, Miami, Minnesota, El, ”

☆ Climate activists block golf course holes with seedlings and cement to protest water use
▼ + stars: | 2023-07-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +2 min

CNN —Climate activists have targeted 10 golf courses around Spain, plugging up holes to protest the amount of water used to maintain these courses as the country is gripped by a severe drought. Members of Extinction Rebellion (XR) Spain, along with activists from other climate groups, accessed golf courses in locations in six provinces, including Madrid, Valencia, Ibiza and Navarra. Golf closed for climate justice” and “water is a common good.”Golf in Spain uses more water than the cities of Barcelona and Madrid combined, XR said in a video posted on Twitter on Sunday. Only 0.6% of the population plays golf, XR said. Between June 1 and 10, 60% of Spain was under “drought alert” conditions, according to the European Union’s Copernicus Climate Change Service.

Persons: XR Organizations: CNN —, Twitter Locations: Spain, Madrid, Valencia, Ibiza, Navarra, Barcelona, Spanish, Europe, Córdoba

☆ A Climate Laggard in America’s Industrial Heartland Has a Plan to Change, Fast
▼ + stars: | 2023-07-02 | by ( Coral Davenport | ) www.nytimes.com time to read: +1 min

From toxic algal blooms in the Great Lakes to sewage pouring into Detroit basements to choking wildfire smoke that drifted south from Canada, Michigan has been contending with the fallout from climate change. Even the state’s famed cherry trees have been struggling against rising temperatures, forcing some farmers to abandon the crop. The centerpiece is based on a 58-page “MI Healthy Climate” plan offered by Gov. It would require Michigan to generate all of its electricity from solar, wind or other carbon-free sources by 2035, eliminating the state’s greenhouse pollution generated by coal- and gas-fired power plants. The package would also toughen energy efficiency requirements for electric utilities and require a phaseout of coal-fired plants in the state by 2030.

Persons: Gretchen Whitmer Organizations: Gov Locations: Great, Detroit, Canada , Michigan, Michigan

☆ Smoke will keep pouring into the US as long as fires are burning in Canada
▼ + stars: | 2023-07-01 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

Massive fires burning in remote areas – like some of those currently burning in northwestern Quebec – are often too out of control to do anything about. Ed Jones/AFP/Getty Images Smoke from wildfires in Canada shrouds the view of the Statue of Liberty on Friday in New York. Jim Watson/AFP/Getty Images Smoke and haze is seen from the Lincoln Memorial in Washington, DC, on Tuesday, June 27. Matt McClain/The Washington Post/Getty Images Smoke from Canadian wildfires obscures the visibility in Pittsburgh on June 8. Another issue is the increase in the wildfires are caused by climate change, and are simultaneously making climate change worse.

Persons: ” Robert Gray, you’ve, they’re, “ There’s, don’t, ”, Daniel Perrakis, ” Gray, Shiraaz Mohamed, Gray, “, ” Perrakis, Ed Jones, David Dee Delgado, Gary Hershorn, Haze, Gene J, Jim Watson, Megan Smith, Kamil Krzaczynski, Cpl Marc, Andre Leclerc, Drew Angerer, Shannon Stapleton, Ronald Reagan, Saul Loeb, Matt McClain, Emmalee Reed, Hannah Beier, Mandel Ngan, New York City, Timothy A, Clary, Mike Segar, John Minchillo, Shanita Hancle, Seth Wenig, Matt Rourke, Ting Shen, Matt Slocum, Amr Alfiky, John Meore, Leah Millis, George Washington, Peter Carr, Yuki Iwamura, Kareem Elgazzar, Carlos Osorio, Frank Franklin II, Merrily Cassidy, Spencer Colby, Jason Rock, BJ Fuchs, Anne, Sophie Thill, we’ve, it’s Organizations: CNN, Canadian Forest Service, Firefighters, Getty, ” “, Nature Conservancy, Rockefeller Center, North, Corbis, PNC Park, Major League Baseball, Pittsburgh Pirates, San Diego Padres, Traffic, Chesapeake, Lincoln Memorial, USA, People, Canadian Forces, Reuters, BC, Service, Xinhua, Ronald Reagan Washington National Airport, Washington Post, Bloomberg, Capitol, Trade, AP Transit, T, Alberta Wildfire, New, New York City, Getty Images Workers, Citizens Bank, Philadelphia Phillies, New York Yankees, Empire, George Washington Bridge, New York State Thruway, Cincinnati Enquirer, Cape Cod Times, Anadolu Agency, Canadian Press, AP, Wildfire Service, Communications, Space, NASA, Reuters Firefighters, Kamloops Fire Rescue, Shining Bank Locations: Wisconsin, Vermont, North Carolina, Canada, Quebec, Canadian, British Columbia, Alberta, Ontario, Mexico, Costa Rica, Chile, Spain, Australia, New Zealand, South Africa, South Korea, France, AFP, New Jersey, Manhattan, New York, North America, New, Pittsburgh, Stevensville , Maryland, Washington ,, Chicago, Lake Michigan, Mistissini, Ronald Reagan Washington, Arlington , Virginia, Washington, Philadelphia, Elmont , New York, Baltimore, Evansburg , Alberta, Brooklyn , New York, Piermont , New York, Fort Lee , New Jersey, George, West Nyack, New York's, New York City, Cincinnati, Rock Harbor, Massachusetts, Cape Cod, Ottawa, Fort Nelson, Shelburne County , Nova Scotia, Communications Nova Scotia, Shelburne , Nova Scotia, Fort St, John, Kamloops, Shining Bank , Alberta, Lytton

☆ World hits record land, sea temperatures as climate change fuels 2023 extremes
▼ + stars: | 2023-06-30 | by ( David Stanway | ) www.reuters.com time to read: +5 min

Sea temperatures also broke April and May records. Global average sea surface temperatures hit 21C in late March and have remained at record levels for the time of year throughout April and May. Australia's weather agency warned that Pacific and Indian ocean sea temperatures could be 3C warmer than normal by October. Though this year's high sea temperatures are caused by a "perfect combination" of circumstances, the ecological impact could endure, she said. The Worldwide Fund for Nature, however, warned of a "worrying lack of momentum" during climate talks in Bonn this month, with little progress made on key issues like fossil fuels and finance ahead of November's COP28 climate talks in Dubai.

Persons: Cpl Marc, Andre Leclerc, Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: Canadian Forces, REUTERS, EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Mistissini, Quebec, Canada, Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London

☆ Climate nears point of no return as land, sea temperatures break records, experts say
▼ + stars: | 2023-06-30 | by ( David Stanway | ) www.reuters.com time to read: +5 min

Persons: Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, Canada, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London

☆ A shipping emissions showdown stands in the way of one of the biggest climate deals of the decade
▼ + stars: | 2023-06-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

The IMO is expected to update its current target of halving shipping emissions by 2050, from 2008 levels, but many are concerned about the maritime regulator's appetite to embrace interim targets. There is a lot of outside pressure pushing on the IMO because it is the climate negotiation of the summer. Gregor Fischer | Getty Images News | Getty ImagesIf stringent abatement measures are not implemented, the IMO has warned that shipping emissions could jump by up to 50% by mid-century. The 1.5 degrees Celsius goal is recognized as a crucial global target because beyond this level, so-called tipping points become more likely. Stefan Rousseau - Pa Images | Pa Images | Getty ImagesAsked which delegates were likely to seek to block calls for tougher climate targets, Maggs replied, "I think there are, of course, the usual suspects.

Persons: Aoife O'Leary, Opportunity Green John Maggs, Maggs, Gregor Fischer, General Kitack Lim, " Lim, Stefan Rousseau Organizations: International Maritime Organization, Getty, Environment, Opportunity, Clean Shipping Coalition, CNBC, United, Chamber of Shipping, Associated Press, ICS Locations: London, decarbonize, Paris, Germany, Russia, Saudi Arabia, United Arab Emirates, Argentina, Brazil, India

The Global Wind Energy Council said earlier this year that a record 680 gigawatts (GW) of wind energy capacity is expected to be installed by 2027. But the expected revenues of those planning to build wind turbines have not risen in tandem. Many governments index the prices paid for wind energy, usually through auctions, which are often too low, analysts at Wood Mackenzie said. COMPONENTSAmong the issues which arise from operating wind turbines, wear and tear on turbine blades over time can lead to erosion. Its shares fell more than 6% on Friday, while shares in Siemens Energy, the second biggest wind turbine maker, sank 37%.

Persons: Wood Mackenzie, WindEurope, Nina Chestney, Christoph Steitz, Barbara Lewis Organizations: Siemens Energy, LONDON, Siemens, World Energy, Wind Energy Council, International Energy Agency, Thomson Locations: China, Ukraine, Frankfurt

☆ US climate change lawsuit seeks $50 billion, citing 2021 heat wave
▼ + stars: | 2023-06-23 | by ( Clark Mindock | ) www.reuters.com time to read: +3 min

June 22 (Reuters) - An Oregon county on Thursday sued Exxon (XOM.N), Chevron (CVX.N), other major oil and coal companies, and industry groups, seeking over $50 billion to counter the harms caused by extreme weather fueled by climate change. It said the companies and trade groups must now help pay for past and future harms from the extreme weather that has resulted, including a 2021 heat wave in the Pacific Northwest that killed dozens. The lawsuit also targets the consulting firm McKinsey, which it said advises major oil companies, including on strategies to downplay or deny the link between greenhouse gas emissions and extreme weather. Since the area normally has mild weather, the lawsuit said residents were not equipped with things like air conditioners to handle the elevated temperatures. The county said 69 people in the county died from overheating and the heat wave caused a "crushing economic burden."

Persons: Theodore Boutrous, Clark Mindock, Alexia Garamfalvi, Matthew Lewis, Diane Craft Organizations: Exxon, Chevron, American Petroleum Institute, McKinsey, U.S, U.S . Constitution, Congress, Thomson Locations: An Oregon, Multnomah County, Portland, Pacific Northwest, U.S ., U.S, United States, New York

The company has provided more than 132 gigawatts (GW) of wind turbines as of the end of April this year to all global regions: 108 GW of onshore wind and 22 GW of offshore wind. The discovery of faulty components at Siemens Gamesa's onshore wind turbines had already caused a charge of nearly half a billion euros in January. Siemens Gamesa has provided wind turbines to some of the biggest power companies and oil and gas majors worldwide. Shares in European wind turbine producers Nordex (NDXG.DE) and Vestas (VWS.CO) also fell as confidence in the industry was shaken. Many wind power developers have already seen delays in projects due to the availability of components and rising costs.

Persons: Siemens Gamesa, Spain's, Denmark's, Nina Chestney, Christoph Steitz, Susan Fenton Organizations: Siemens Energy, Siemens, SIEMENS, WHO, Scottish Power Renewables, East Anglia, Poland's PGE, Siemens AG, Thomson Locations: Spain, Europe, Americas, Britain, North, Baltica, Baltic

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