Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Politics

What Happened to Running Tide?

On the abrupt end of a carbon removal startup, Mecca’s extreme heat, and fireflies

What Happened to Running Tide?
Heatmap Illustration/Getty Images

Current conditions: Flooding in Abidjan, Ivory Coast’s largest city, killed at least eight people • A heat advisory remains in effect across many Northeastern states • A “winter” storm could bring up to 15 inches of snow to parts of Montana and Idaho.

THE TOP FIVE

1. At least 14 pilgrims die from extreme heat during Hajj trip to Mecca

At least 14 Jordanians died over the weekend from exposure to extreme heat during the Hajj pilgrimage to Mecca in Saudi Arabia. Another 17 pilgrims are missing. The holy trip, which all Muslims are encouraged to make during their lifetimes, began Friday and will run until Wednesday. It is expected to attract nearly 2 million people. But temperatures this year are dangerously hot, reaching 110 degrees Fahrenheit Sunday and forecast to stay in that range through the rest of the week. As Heatmap’s Jeva Lange explained last year, “because the dates of the annual Hajj are dictated by the lunar calendar, the pilgrimage season has fallen during Saudi Arabia’s hottest months since 2017 and won’t move out of them until 2026.”

2. Ocean carbon removal company Running Tide shuts down

Carbon removal startup Running Tide is shutting down and laying off all its remaining employees, citing a lack of demand for the voluntary carbon market. The Portland-based company was founded in 2017. Its technology involved sinking biomass to speed up the ocean’s CO2-capturing capabilities, and with 25,000 tons of carbon dioxide removed and 21,000 credits delivered, it was “the largest company in the world to trap carbon without taking it directly from the air or point of emission,” the Portland Press Heraldreported. In March of last year, Running Tide signed a deal with Microsoft to remove 12,000 tons of CO2e over two years. Shopify was also a partner. But the startup began laying off employees in November after offset prices began to plummet and questions arose about the environmental benefits of the voluntary carbon market. CEO Marty Odlin told the Press Herald that a lack of investment from the U.S. government also stunted the company’s growth. “This was still at research scale,” he said. “This needs to be a thousand times larger at industrial scale and it’s going to take a ton of government leadership to get us there.”

3. CEO of NextEra criticizes Biden’s China tariffs

Rebecca Kujawa, the CEO of NextEra Energy Resources, which is the largest renewables developer in the U.S., told the Financial Times that President Biden’s tariffs on Chinese clean energy technologies create uncertainty that can hinder development, hike costs, “and make it more difficult to get some of the clean energy goals that the Biden administration has over the finish line.” The White House has a goal for the U.S. of 80% renewable energy generation by 2030 and 100% carbon-free electricity by 2035. Biden imposed a new round of tariffs last month in an effort to protect U.S. manufacturers from cheap Chinese imports of things like solar panels and EVs. The FT noted the tariffs “underscore the difficult balancing act facing the Biden administration as it vies to green the world’s largest economy while building out a supply chain for clean technologies, the bulk of which are produced in China.”

4. Study finds climate change strongly affects fireflies

Long-term weather patterns are some of the most important factors when it comes to the health of fireflies in North America, according to a new study published in the journal Science of the Total Environment. The researchers used machine learning models to analyze data from more than 24,000 surveys of firefly behavior and rank the importance of certain risk factors (like pesticides, light pollution, land cover, topography, and weather/climate patterns) on the insects’ populations. Their results point to more frequent hot days as one of the most “predictive” variables, meaning that firefly populations seem more vulnerable to changes in climate than to other factors like chemical sprays or artificial light. The researchers say that, “given the significant impact that climactic and weather conditions have on firefly abundance, there is a strong likelihood that firefly populations will be influenced by climate change, with some regions becoming higher quality and supporting larger firefly populations, and others potentially losing populations altogether.”

5. EU approves ‘Nature Restoration Law’

The European Union this morning approved a landmark environmental policy, paving the way for it to become law. The long-awaited “Nature Restoration Law” aims to restore ecosystems, bolster biodiversity, and help the bloc achieve its climate objectives. More than 80% of Europe’s habitats are in poor condition. The new law will require member states to restore at least 20% of their land and seas by 2030, with the aim of restoring all struggling ecosystems by 2050. Some countries opposed the measure due to concerns it will slow the expansion of new energy projects.

THE KICKER

“You’ll never find an insurer saying, ‘I don’t believe in climate change.’”John Neal, chief executive of Lloyd’s of London, the world’s largest insurance marketplace

Yellow
Jessica  Hullinger profile image

Jessica Hullinger

Jessica Hullinger is a freelance writer and editor who likes to think deeply about climate science and sustainability. She previously served as Global Deputy Editor for The Week, and her writing has been featured in publications including Fast Company, Popular Science, and Fortune. Jessica is originally from Indiana but lives in London.

Technology

AM Briefing: VW and Rivian Team Up

On a major EV joint venture, livestock taxes, and tipping points

Why VW and Rivian are Teaming Up
Heatmap Illustration/Getty Images

Current conditions: Puerto Rico issued a heat advisory for the entire island for the first time ever • Flooding and landslides in Ivory Coast left at least 24 people dead • A fast-growing wildfire in central Oregon prompted evacuations.

THE TOP FIVE

1. Volkswagen and Rivian team up in $5 billion joint venture

Volkswagen announced it will invest $5 billion ($1 billion now, another $4 billion over a few years) in EV pickup company Rivian as part of a joint venture “to create next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles.” The move will give VW access to Rivian’s technology, and Rivian a much-needed financial lifeline as it tries to launch its new R2 vehicles while cutting production costs. Rivian CEO RJ Scaringe said the money will allow Rivian to move ahead with plans to build a new manufacturing plant in Georgia. The news sent Rivian’s stock soaring, and Scaringe said the cash will help the company reach profitability. The company reported a $5.4 billion net loss last year.

Keep reading...Show less
Yellow
Nuclear power.
Heatmap Illustration/Getty Images

Congress just passed perhaps its biggest support for zero-carbon energy since the Inflation Reduction Act. The ADVANCE Act, which the Senate adopted overwhelmingly last week, aims to keep America at the cutting edge of the global nuclear industry by cutting regulatory fees, making it easier for U.S. companies to build nuclear power plants abroad, and reforming the agency that oversees it all, the Nuclear Regulatory Commission.

On this week’s episode of Shift Key, Rob and Jesse talk with Ryan Norman, a senior policy advisor at Third Way’s climate and energy program, about how America got here. We talk about why nuclear is such a bipartisan issue, what the ADVANCE Act will actually do, and how soon new nuclear power plants could actually get built. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Keep reading...Show less
Yellow
Politics

The First Crack Just Opened in the Climate Left

The Earth will have one less friend in Congress.

Jamaal Bowman.
Heatmap Illustration/Getty Images

There will be many chances this week to dissect why two-term New York Congressman Jamaal Bowman lost his primary to Westchester County Executive George Latimer, which The Associated Press called less than an hour after the polls closed on Tuesday. Post mortems will focus on the financial angle (the 16th District primary was the most expensive in House history) and, of course, the Israel-Palestine angle (nearly $15 million alone came from an American Israel Public Affairs Committee-affiliated super PAC that aggressively portrayed Bowman as antisemitic). Others will say it had been a forgone conclusion and point to the disturbing way Latimer co-opted Republican racial dog-whistles in his attacks, or claim Bowman sabotaged his own chances by shifting too far to the left.

It’s probably still a stretch to say that Bowman’sresounding loss was a referendum on progressive climate movements like Sunrise, which attached itself both to Bowman and to the Green New Deal. But look at it the other way around: In the context of Governor Kathy Hochul’s reneging on congestion pricing and the state legislature’s failure to pass the NY HEAT Act, one of the staunchest allies of progressive climate policy losing his election represents another blow to New York’s image as a national leader on the issue — and its ability to remain one.

Keep reading...Show less
Blue