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Climate

AM Briefing: Insects in Decline

On the troubling rise of self-pollination, Chinese EV tariffs, and speed limits

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AM Briefing: Insects in Decline
Heatmap Illustration/Getty Images

Current conditions: Southern California remains at risk of flooding and may even see some waterspouts or tornadoes • A wildfire is burning out of control in Perth, in Australia • It's the shortest day of the year in the Northern Hemisphere.

THE TOP FIVE

1. U.S. may hike tariffs on Chinese EVs

The Biden administration is reportedly considering raising tariffs on electric vehicles made in China, which tend to run cheaper than those made in the U.S. The move would be an attempt to “bolster the U.S. clean energy industry,” explains The Wall Street Journal. Chinese EVs are already subject to a 25% tariff. While an increase wouldn’t mean much in the immediate term for most Americans, it would put added strain on relations with China, which are already tense. Global markets are facing a glut of cheap Chinese clean-energy products, and the administration is reportedly also considering higher levies on solar products and EV battery packs, the Journal reports.

2. Study suggests some plants are evolving to not need pollinators

Wildflowers may be evolving to rely less on pollinators in order to reproduce as insect numbers decline. A new study published in the journal New Phytologist looked at flowering plants that grow in farmland near Paris and found they have become smaller and now produce less nectar than they would have 20 to 30 years ago. “Our study shows that pansies are evolving to give up on their pollinators,” says Pierre-Olivier Cheptou, one of the study’s authors. “They are evolving towards self-pollination, where each plant reproduces with itself, which works in the short term but may well limit their capacity to adapt to future environmental changes.” While the study “demonstrates that plant mating systems can evolve rapidly ... in the face of ongoing environmental changes,” the authors say, it paints a troubling picture of a symbiotic relationship in a spiral: As insect populations suffer from loss of habitat and overuse of pesticides, plants begin to rely on them less and produce less nectar, exacerbating their decline.

3. U.S. completes auction for Gulf drilling rights

A U.S. auction of oil drilling rights in the Gulf of Mexico went ahead yesterday. This is the last auction until 2025. Here are a few key numbers:

  • 72.7 million – acres that were up for bidding, including 6 million acres considered habitat for the endangered Rice's whale.
  • $382 million – amount raised in the auction, the highest of any federal offshore oil and gas lease sale since 2015, according to Reuters.
  • $88.2 million – highest amount offered, from Hess, for 20 successful bids.
  • 3 – drilling rights auctions the Interior Department will hold over the next five years, the minimum required to comply with the Inflation Reduction Act. It represents “the smallest offshore oil program in U.S. history.”
  • 47 – auctions over five years that were proposed by the Trump administration.
  • 1.1 million – gallons of oil estimated to have spilled into the Gulf from a leak detected last month, the largest Gulf spill since Deepwater Horizon.
  • 8 – days since the U.S. and nearly 200 other nations agreed at COP28 to transition away from fossil fuels.
  • 21 – percent of the world’s oil produced by America in 2022.

4. Orsted commits to building world’s largest offshore wind farm

Danish energy giant Orsted plans to go ahead with building the world’s largest offshore wind farm, reports the Financial Times. The 2.9 gigawatt Hornsea 3 project is located in the North Sea. It will cost £8 billion (about $10 billion) and represents Orsted’s single biggest investment decision. Once finished in 2027, the project will power 3.3 million homes. Last month Orsted cancelled two major U.S. offshore wind projects and took a $4 billion writedown as a result. The Hornsea 3 investment shows “the offshore wind industry is picking back up, after a crisis year,” concludes Priscila Azevedo Rocha at Bloomberg.

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5. Cities are lowering their speed limits

Speed limits in some major U.S. cities are dropping, Yale Climate Connections reports. This is a “win for the climate” because slower vehicle speeds make for safer city streets, which could nudge people more toward less polluting modes of transportation, like walking or cycling. Seattle, Denver, Minneapolis, Hoboken, and Washington, D.C., have all lowered their speed limits, according to Yale Climate Connections. “Safety and environmental goals go together. They’re inevitably interlinked,” says Venu Nemani, the chief safety officer of the Seattle Department of Transportation.

THE KICKER

A recent White House briefing says more than one million EVs have been sold in the U.S. in 2023 — “three years ahead of the projections made earlier this year and 18 years ahead of the projections made in the beginning of 2021.”

The White House

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AM Briefing

A Quid for the Grid

On space solar, EU methane rules, and solar tariffs

Andy Burnham.
Heatmap Illustration/Getty Images

Current conditions: For the first time since 1914, the Atlantic hurricane season may pass without any major hurricanes, per an AccuWeather forecast • From Phoenix to Dallas, flood watches are in effect as the remnants of Hurricane Polo stretch inland from the Pacific through the Southwest • Surigae, now upgraded to a “severe” tropical storm, is set to slam into Japan’s Izu Islands, a partially populated archipelago in the same municipality as Tokyo.


THE TOP FIVE

1. Trump taps the Strategic Petroleum Reserve as diesel nears $7 a gallon

The Department of Energy has ordered the release of 40 million barrels of oil from the Strategic Petroleum Reserve as diesel surpasses $6.50 per gallon and Texas proclaims a statewide “disaster” over soaring prices. The move, which Secretary of Energy Chris Wright said would “stabilize the market,” comes as the Trump administration weighs whether to temporarily ban exports of diesel, a radical step that might only slightly lower American prices while sending Europe’s fuel costs skyrocketing, as the chief executive of the continent’s No. 2 oil company cautioned in a Bloomberg interview this week. The oil is expected to be a loan from the stockpile that would, Wright said, ultimately save Americans more than $3 billion. The transaction follows the same approach the Trump administration has taken since agreeing to distribute 172 million barrels from the Strategic Petroleum Reserve back in March, when the war with Iran began. Had the administration instead sold the barrels through an emergency drawdown instead of a trade, as it did previously, and simultaneously structured the deal to allow it to buy back oil at the lower prices the futures market is trading at presently, the Energy Department could have significantly increased its profits. That’s the finding of a policy memo from the think tank Employ America that I told you about a few weeks ago. The profit could, in turn, be used to invest in America’s fuel stockpile, clearing some of the $230 million backlog of physical repairs needed on the infrastructure that stores the crude. “The choice to deliver more barrels is fraught, but with that decision made, the administration missed an opportunity to set up the SPR for long-term success,” Arnab Datta, Employ America’s managing director of policy implementation, told me in a text message last night. “I hope they consider creative options to do so moving forward.”

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Blue
Climate Tech

The Startup Raising $17 Million for Super-Thin, Wall-Mounted Batteries

Novele is aiming to smooth out power consumption for commercial buildings, saving tenants money and easing grid strain.

Novele batteries.
Heatmap Illustration/Novele, Getty Images

Electricity is more expensive in times of peak demand — that’s simply a universal truth. But for many commercial building owners and tenants, their most energy-intensive minutes of the month can have an especially outsized impact on their electricity bill. That’s because of the “demand charge,” a fee based on a building’s single highest burst of power consumption, which can make up over 50% of a customer’s monthly bill. Likewise, shrinking those bursts would not only ease strain on the grid, but could also dramatically lower commercial users’ costs.

Or at least that’s Novele’s pitch. The startup, which makes 2-inch-thick, fire-safe lithium-ion batteries that mount on the interior walls of commercial spaces such as offices, hospitals, and big box retailers, announced Wednesday that it raised an oversubscribed $17 million Series A led by impact-focused investor Boisei Labs. The funding will help the company scale its AI-powered battery system, which networks batteries placed throughout a building and uses software to predict impending spikes in power demand. Just before the peak hits, the system can automatically switch the building from grid power to battery power, helping the customer avoid those costly demand charges.

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Green
Podcast

Al Gore on AI, ‘An Inconvenient Truth,’ and the Biggest Surprises of the Past 20 Years

The former vice president of the United States joined us at Heatmap House for New York Climate Week.

Al Gore.
Heatmap Illustration/Luke Liu

Former Vice President Al Gore needs no introduction. He is, in a way, the original climate influencer. His film An Inconvenient Truth gave rise to a new wave of climate activism in the 2000s. It was one of the highest-grossing documentaries of all time upon its release, and it won an Oscar, a Grammy, and — for Vice President Gore — a Nobel Peace Prize.

He’s remained active in climate policy since then and leads the Climate Reality Project. He is also an investor and was a longtime director at Apple.

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Green