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Climate

AM Briefing: Chevy's New Electric SUV

On the Blazer EV reviews, Trump's latest climate target, and oil demand

AM Briefing: Chevy's New Electric SUV
Heatmap Illustration/Getty Images

Current conditions: More than 125 highways are closed in China due to a record-setting winter storm • Tropical Cyclone Jasper downed trees in parts of Queensland in Australia • The Geminids meteor shower will peak tonight.

THE TOP FIVE

1. Trump promises to revoke U.S. pledge to Green Climate Fund if re-elected

Former President Donald Trump told a crowd at an Iowa campaign event yesterday that he would cancel “all climate reparation payments” immediately should he be re-elected next year. A campaign aide clarified that Trump was talking specifically about America’s pledge to the Green Climate Fund, which helps developing countries adapt and become more resilient to the effects of climate change. Vice President Kamala Harris recently announced that America would give the fund $3 billion. President Biden’s climate policies have become a “core part” of Trump’s campaign message, saysReuters. In the same speech, Trump also promised to “end Joe Biden’s war on American energy” and “drill, baby, drill.”

2. Chevy Blazer EV first-drive reviews are in

Early reviews of the Chevy Blazer EV, which TechCrunchdescribes as “a vehicle designed to satiate Americans’ never-ending appetites for SUV,” are trickling in. The consensus? It’s good! But with a starting price around $56,000, it’s too expensive. Here’s a quick roundup

  • “Chevy has designed and produced an absolutely normal SUV — a welcome relief from the string of novelty EVs that have come on the market in recent years. The big miss is the higher-than-expected price tag.” –Kirsten Korosec at TechCrunch
  • “A solid and highly customizable first entry into the market … and we’re particularly impressed by the UI,” but “there’s a lot to be considered when looking at the lower-priced alternatives in the market.” –Jameson Dow at Electrek
  • “Not the most compelling electric SUV” but “its slick blend of new-age technology and old-school redundancy provides a compelling lure for hesitant EV buyers.” –Mack Hogan atRoad and Track

The Chevy Blazer EVChevrolet

3. Massive Tesla recall is a ‘win’ ... for Tesla

In other EV news, more than 2 million Tesla vehicles are set to receive over-the-air updates to address failures in the Autopilot system. As Wirednotes, that’s nearly all the vehicles Tesla has sold in the U.S. to date. At issue is the Autosteer functionality, and the recall follows an investigation by the National Highway Transportation Safety Administration (HTWSA) into a series of crashes that may have occurred while Autopilot was in use. The updates will include added safety controls and alerts, and further limit where drivers can use Autosteer, Wired says. The recall is a “win” for Tesla, argues Damon Lavrinc at Heatmap. “U.S. regulators did not conclude the technology itself was unsafe, and also determined that drivers are responsible for using Autopilot safely. This is what Tesla has contended since the beginning, and it’s a rebuke to safety advocates, many local legislators, and lawyers representing accident victims and their families.”

4. IEA and OPEC reports show conflicting projections for oil demand

The Inernational Energy Agency (IEA) released its December Oil Market Report this morning, which says that global oil demand rose in 2023 but that a slowdown has begun and will continue through 2024. This, combined with supply growth from the U.S. (and elsewhere), will “complicate efforts by key producers to defend their market share and maintain elevated oil prices,” the agency concludes. The report is in contrast to projections put forward by the Organization of the Petroleum Exporting Countries (OPEC), which this week said it still expects demand for oil to grow next year by 2.25 million barrels a day. Oil prices have been plummeting for several weeks now despite OPEC output cuts. The oil cartel blamed this on “exaggerated” concerns about oil demand growth.

5. U.S. forecasters say Christmas snow is unlikely

Weather forecasts for the next few weeks are starting to come into focus, and a white Christmas is looking increasingly unlikely for the continental U.S. “For the second year in a row, models show low chances of snow leading up to and on Christmas, continuing a disappointing trend for snow lovers tied to human-caused climate change,” reportsThe Washington Post.

U.S. temperature outlook for the next two weeksNOAA

THE KICKER

PETA has named Apple its 2023 Company of the Year for its move to ditch animal leather in its products.

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Politics

The Climate Election You Missed Last Night

While you were watching Florida and Wisconsin, voters in Naperville, Illinois were showing up to fight coal.

Climate voting.
Heatmap Illustration/Getty Images

It’s probably fair to say that not that many people paid close attention to last night’s city council election in Naperville, Illinois. A far western suburb of Chicago, the city is known for its good schools, small-town charm, and lovely brick-paved path along the DuPage River. Its residents tend to vote for Democrats. It’s not what you would consider a national bellwether.

Instead, much of the nation’s attention on Tuesday night focused on the outcomes of races in Wisconsin and Florida — considered the first electoral tests of President Donald Trump and Elon Musk’s popularity. Outside of the 80,000 or so voters who cast ballots in Naperville, there weren’t likely many outsiders watching the suburb’s returns.

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Green
Energy

Exclusive: Trump’s Plans to Build AI Data Centers on Federal Land

The Department of Energy has put together a list of sites and is requesting proposals from developers, Heatmap has learned.

A data center and Nevada land.
Heatmap Illustration/Getty Images

The Department of Energy is moving ahead with plans to allow companies to build AI data centers and new power plants on federal land — and it has put together a list of more than a dozen sites nationwide that could receive the industrial-scale facilities, according to an internal memo obtained by Heatmap News.

The memo lists sites in Texas, Illinois, New Jersey, Colorado, and other locations. The government could even allow new power plants — including nuclear reactors and carbon-capture operations — to be built on the same sites to generate enough electricity to power the data centers, the memo says.

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Economy

AM Briefing: Liberation Day

On trade turbulence, special election results, and HHS cuts

Trump’s ‘Liberation Day’ Tariffs Loom
Heatmap Illustration/Getty Images

Current conditions: A rare wildfire alert has been issued for London this week due to strong winds and unseasonably high temperatures • Schools are closed on the Greek islands of Mykonos and Paros after a storm caused intense flooding • Nearly 50 million people in the central U.S. are at risk of tornadoes, hail, and historic levels of rain today as a severe weather system barrels across the country.

THE TOP FIVE

1. Trump to roll out broad new tariffs

President Trump today will outline sweeping new tariffs on foreign imports during a “Liberation Day” speech in the White House Rose Garden scheduled for 4 p.m. EST. Details on the levies remain scarce. Trump has floated the idea that they will be “reciprocal” against countries that impose fees on U.S. goods, though the predominant rumor is that he could impose an across-the-board 20% tariff. The tariffs will be in addition to those already announced on Chinese goods, steel and aluminum, energy imports from Canada, and a 25% fee on imported vehicles, the latter of which comes into effect Thursday. “The tariffs are expected to disrupt the global trade in clean technologies, from electric cars to the materials used to build wind turbines,” explained Josh Gabbatiss at Carbon Brief. “And as clean technology becomes more expensive to manufacture in the U.S., other nations – particularly China – are likely to step up to fill in any gaps.” The trade turbulence will also disrupt the U.S. natural gas market, with domestic supply expected to tighten, and utility prices to rise. This could “accelerate the uptake of coal instead of gas, and result in a swell in U.S. power emissions that could accelerate climate change,” Reutersreported.

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