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Climate

AM Briefing: Peak Coal?

On global coal demand, Everest Base Camp, and a compelling climate graphic

AM Briefing: Peak Coal?
Heatmap Illustration/Getty Images

Current conditions: A major storm will batter the U.S. Eastern Seaboard this weekend • Moscow is buried under record snowfall • It's 50 degrees Fahrenheit and cloudy in Paris, which was recently named the world's top city destination.

THE TOP FIVE

1. IEA: Coal demand remains high, but could peak soon

Global demand for coal remains at a record high, but is expected to start declining in 2026, according to the International Energy Agency’s (IEA) “Coal 2023” report. Most advanced economies are ditching this dirtiest of fossil fuels: Coal consumption fell by about 20% in the United States and the European Union this year. But the same cannot be said for China, India, and Southeast Asia, where coal demand is growing. But a turning point could arrive soon, the report says. Global coal demand is expected to fall by 2.3% by 2026 compared with 2023 levels. A lot depends on China, which accounts for 54% of global coal consumption.

IEA

Relatedly, this week Australia announced its last remaining coal plant will retire by 2038. As renewables take over, “expect more such announcements around the world,” saysBloomberg Green’s Akshat Rathi.

2. White House tells federal employees to use EVs and rail travel

The Biden administration wants federal employees to use low- or zero-emission transportation when traveling for work. In a directive released yesterday, the White House said workers should travel by train for trips shorter than 250 miles, and especially in the Northeast and Mid-Atlantic, where rail travel is most accessible. If traveling by car is necessary, workers should opt for an EV. Employees should consider combining trips, taking public transportation, and avoid using their own private vehicles for work. Or better yet, they should avoid traveling at all. “In every case, the trip not taken is the least expensive and most sustainable,” the directive says. The federal government spent $1.66 billion on flights and $4.2 million on rail trips last year, Reutersreports. The White House says travel accounts for 1.8% of federal greenhouse gas emissions.

3. Al-Jaber says Adnoc will keep investing in oil and gas

Sultan Al-Jaber, who served as president of COP28, tellsThe Guardian that his company Adnoc will continue to invest in oil and gas production so long as the demand is there. Adnoc is the United Arab Emirates’ national oil and gas company, and Al-Jaber is its CEO. He was applauded this week after delegates at COP28 agreed to “transition away” from fossil fuels, but faced criticism earlier this month for saying there is “no science” showing that ending fossil fuel usage will limit global warming. He has said in the past that he believes fossil fuels will inevitably be phased out, but has qualified that by saying “we need to be real, serious and pragmatic about it.”

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  • 4. Glacial melting may force Everest Base Camp to relocate

    The glacier beneath Everest Base Camp is melting due to rising temperatures in the Himalayas, putting climbers at risk and forcing Nepal’s government to consider moving the camp, The Wall Street Journalreports. Everest tourism contributed $2.4 billion to Nepal’s economy last year, which is 6.1% of its GDP, and Base Camp is an essential gateway to the mountain. But ice at the camp is disappearing due to a combination of global warming and human activity. Moving the camp farther down the mountain is an option, but it would “make the climb to the top more dangerous than it already is,” the Journal explains. More people died on Mount Everest this year than ever before. A report released in June found that climate change could cause Himalayan glaciers to lose 80% of their volume this century.

    5. Earth’s rising temperature, expertly illustrated

    The European Space Agency’s (ESA) Climate Office recently announced its favorite “Little Pictures of Climate” for 2023. The competition highlights creators who use satellite-derived climate data tell visual stories about the changing planet. Here is one particularly compelling submission:

    A runner-up in the ESA's Little Pictures of Climate 2023 competitionESA

    THE KICKER

    The length of pipeline that would be needed to create a U.S. carbon capture network would be enough to circle Earth four times.

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    Politics

    AM Briefing: Trump and COP29

    On the looming climate summit, clean energy stocks, and Hurricane Rafael

    What Trump Means for COP29
    Heatmap Illustration/Getty Images

    Current conditions: A winter storm could bring up to 4 feet of snow to parts of Colorado and New Mexico • At least 89 people are still missing from extreme flooding in Spain • The Mountain Fire in Southern California has consumed 14,000 acres and is zero percent contained.

    THE TOP FIVE

    1. Climate world grapples with fallout from Trump win

    The world is still reeling from the results of this week’s U.S. presidential election, and everyone is trying to get some idea of what a second Trump term means for policy – both at home and abroad. Perhaps most immediately, Trump’s election is “set to cast a pall over the UN COP29 summit next week,” said the Financial Times. Already many world leaders and business executives have said they will not attend the climate talks in Azerbaijan, where countries will aim to set a new goal for climate finance. “The U.S., as the world’s richest country and key shareholder in international financial institutions, is viewed as crucial to that goal,” the FT added.

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    Politics

    The 2 Climate Bulwarks Against the Next Trump Presidency​

    State-level policies and “unstoppable” momentum for clean energy.

    A plant growing out of a crack.
    Heatmap Illustration/Getty Images

    As the realities of Trump’s return to office and the likelihood of a Republican trifecta in Washington began to set in on Wednesday morning, climate and clean energy advocates mostly did not sugarcoat the result or look for a silver lining. But in press releases and interviews, reactions to the news coalesced around two key ways to think about what happens next.

    Like last time Trump was elected, the onus will now fall on state and local leaders to make progress on climate change in spite of — and likely in direct conflict with — shifting federal priorities. Working to their advantage, though, much more so than last time, is global political and economic momentum behind the growth of clean energy.

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    Green
    Podcast

    The Inflation Reduction Act Is About to Be Tested

    Rob and Jesse talk about what comes next in the shift to clean energy.

    Donald Trump.
    Heatmap Illustration/Getty Images

    Last night, Donald Trump secured a second term in the White House. He campaigned on an aggressively pro-fossil -fuel agenda, promising to repeal the Inflation Reduction Act, Biden’s landmark 2022 climate law, and roll back Environmental Protection Agency rules governing power plant and car and truck pollution.

    On this week’s episode of Shift Key, Jesse and Rob pick through the results of the election and try to figure out where climate advocates go from here. What will Trump 2.0 mean for the federal government’s climate policy? Did climate policies notch any wins at the state level on Tuesday night? And where should decarbonization advocates focus their energy in the months and years to come? 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.

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