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This summer was hot. It was wet. It was deadly. For most of us, it was a preview of the rest of our lives.
So here we are: Another summer in the books.
After Labor Day, whites go back in the closet; kids go back to school. Astronomically speaking, there are still technically 20 days left of summer, and climatologically speaking, we may have even longer to go than that — summers are getting longer as autumns contract. But culturally, anyway, we’re now headed into fall, an incongruous transition epitomized by the bastardized existence of the iced pumpkin spice latte. You know you’re living in the age of climate change when ...
It’s a good time, though, for taking stock. An astonishing 96% of Americans have faced at least one extreme weather alert from the National Weather Service since May 1, the Union of Concerned Scientists’ Danger Season tracker reports. Further, only seven counties out of 3,224 in the whole country and its territories had no heat, flood, fire, or storm warnings between May 1 and August 29 of this year, according to additional numbers supplied to Heatmap by the UCS — including, surprisingly, San Fransisco County in California, home of what has been called the single-most economically vulnerable major city to climate change in the U.S.
These were the others that dodged extreme weather alerts: Aleutians East Borough (Alaska); Aleutians West Census Area (Alaska); Ketchikan Gateway Borough (Alaska); Kodiak Island Borough (Alaska); and Norton City (Virginia). Together, they have a population of around 39,500 — just a fraction of San Francisco County’s 815,200.
But while San Francisco, some islands and bays in remote regions of Alaska, and a sliver of Virginia got lucky (this time and so far), it was a bad summer to be in Arizona, where there were more NWS extreme weather alerts issued than in any other state. Coconino County, home of the capital of Flagstaff, saw 146 alerts this summer due to a parade of heat, flood, and fire threats, followed closely by Mohave County, in the state’s northwesternmost corner, with a total of 145. New Mexico was right on Arizona’s tail with five counties in the top 10:
When it came to heat alerts specifically, Texas and Puerto Rico dominated the top of the list. In fact, Louisiana’s Sabine Parish was the highest-ranked non-Texan or Puerto Rican county for heat alerts, clocking in way down at #96.
The most flood alerts were experienced by California’s Inyo County, the home of Death Valley, which might be surprising until you remember how little rain it takes to trigger a disaster in the desert. Washington’s Yakima, Kittitas, and Skamania counties lead the list for fire weather alerts; and South Carolina’s Georgetown, Colleton, and Charleston counties lead for storm alerts. (The data was collected just before the brunt of Hurricane Idalia swept through northern Florida, Georgia, and the Carolinas). California’s Los Angeles County, the most populous in the country, faced a total of 80 extreme weather alerts this summer; the average for all counties was around 44.
The UCS Danger Season data (which will continue to be collected here through October) did not account for air quality warnings, which were the main story of the early summer in the U.S. — at times, more than a third of Americans faced degraded AQI due to smoke billowing south from the Canadian wildfires (which are themselves record-breaking). June 7 was the worst day for wildfire smoke exposure in American history “by far,” my colleague Robinson Meyer reported, and it happened not on the West Coast, where fires are routine, but in New York City, Philadelphia, Washington, D.C., and Toronto.
The next month, July, was the hottest month on Earth in probably 120,000 years (so you have that bragging right on about 4,000 or so generations of your ancestors). Some 40,000 different locations around the world recorded their hottest days ever in 2023, with nearly 20,000 of those in the United States, according to NOAA’s records. Though we didn’t break the global heat record this year (Death Valley only reached 128 degrees Fahrenheit, short of the 130 it needed to beat), the planet recorded its warmest day ever a few different times. Meanwhile, Vermont saw catastrophic summer flooding.
Then, in August, a grass fire fueled by hurricane winds ripped through Maui. Even three weeks later, we still don’t know how many people were killed. Undoubtedly, though, it is the deadliest wildfire in modern U.S. history — and all the more shocking for the fact that it burned through a former wetland, a grim testament to the effects of colonialism. America might not be through reckoning with massive fires, either; the peak of fire season is known as “Snaptember” among hot shot crews for a reason.
And summer wasn’t through with us yet. Hilary became the first tropical storm to hit Southern California in 84 years, and while the damage wasn’t too bad, the Los Angeles Times credits the urgency of the early warnings for saving lives. Subsequently, Hurricane Idalia became the first hurricane to make U.S. landfall in what is predicted to be an “above normal” season, strengthening from a Category 1 to a Category 4 storm in 24 hours thanks to record-warm waters in the Gulf of Mexico. Reports of the damage are still trickling in, but it can’t be good news for insurers in Florida and the Southeast.
It is difficult to tie any one weather-related disaster to climate change, but as Michael Wehner, a senior staff scientist at the Lawrence Berkeley National Laboratory, once succinctly put it to Mother Jones: “It’s not: Climate change flooded my house. It’s: Climate change changed the chances of flooding my house.” So, let’s look at the chances.
A recent study found that the prime wildfire conditions in Canada this year, which caused the choking smoke on the East Coast, were “at least twice as likely to occur there as they would be in a world that humans hadn’t warmed by burning fossil fuels,” The New York Times reports. The July heat dome that baked the South was “at least five times more likely due to human-caused climate change,” an analysis by Climate Central and The Guardian found. The odds of Vermont’s supposedly once-a-century flooding happening within 12 years of another 100-year storm in the state, Hurricane Irene, was just 0.6 percent. The fires in Maui were caused by compounding climate problems, The Washington Post reports, such as higher average temperatures and more intense hurricanes — both of which also have links to emissions-fueled warming. And Hurricane Idalia’s rapid intensification is what we’d expect to see from human-fueled ocean warming, too. Then there’s El Niño, which plays a part in all this chaos as well; it’s why scientists expect next year to be an even bumpier ride for earthly life than this summer has been.
That might not be very heartening to hear but consider this: If you’re a resident of anywhere other than San Francisco and a few odd places like Alaska’s Bristol Bay Borough (population: 838), then this summer was your dry run. You’ve learned more than you ever expected you’d need to know about indoor air purification; you spent 90 minutes prepping for wildfire season; you’ve checked in on elderly neighbors; you’ve even brushed up on your gin rummy skills so you can stay off your phone when the power goes out during the next (or same?!) hurricane. Look at you go. You’re adaptable. Heck, even iced pumpkin spice lattes are starting to grow on you now.
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Rob talks Ford and GM with BloombergNEF’s Corey Cantor. Plus, Rob and Jesse dig into the Trump transition.
It’s been a news-filled few weeks — so it’s time for a roundup. On this week’s episode of Shift Key, Rob and Jesse talk about what Trump’s cabinet selections might mean for his climate policy and whether permitting reform could still happen. Then Rob chats with Corey Cantor, senior EV analyst at BloombergNEF, about promising Q3 sales for U.S. automakers, General Motors’ turnaround, and how much the Trump administration might dent America’s EV uptake.
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.
Subscribe to “Shift Key” and find this episode on Apple Podcasts, Spotify, Amazon, or wherever you get your podcasts.
You can also add the show’s RSS feed to your podcast app to follow us directly.
Here is an excerpt from our conversation:
Robinson Meyer: How are you thinking about Ford and GM right now? Because they have basically totally reversed their position since the first time we started talking.
Corey Cantor: I hope I’m not too corny today, but I was thinking Missy Elliott — another New Jerseyan — “flip it and reverse it,” in terms of how people feel about Ford and GM. I think GM’s approach … don’t forget this is their second platform at the rodeo here, meaning GM had the Bolt and the Chevy Volt before it, and a good amount of experience with EVs. And really, what they were trying to do with Ultium was to build a battery and EV platform that could work with a variety of different vehicles.
And so the struggle, as we’ve outlined before, and many publications have outlined was they just couldn’t get the battery production working. They had issues with automation. They had issues with ensuring that they were setting up the necessary suppliers. And I’d say, about maybe nine months ago or so, a favorite EV journalist of mine, John Voelcker wrote in, I believe, InsideEVs, around this idea that GM had finally cracked Ultium and were finally kind of … He had got the head of Ultium at the time on record saying that they had resolved a lot of the issues, and really, you’ve seen it in the sales volume, as well as the fact that EVs like the Cadillac Lyric continue to sell pretty consistently.
Then GM ran into a software issue with the Blazer, and fixed that software issue, and that had slowed things down. And then since, really, June of this year has been off to the races. And so we’ll see how the fourth quarter goes, right? I think you don’t want to get too high on any kind of automaker, but GM is clearly in a better spot because they’re approaching making a profit on each of the EVs sold.
Now, I’ll caveat that with, we don’t know if the EV tax credit itself, you know, at the federal level, plays a role in the fact that they’ll be gross margin profitable, but that is a pretty big turning point. Because at that point, you’re no longer losing money on those EVs, and so you are kind of geared to go more high-volume. Where if you look at Ford, Ford has been losing thousands of dollars on every electric vehicle, really had not been building a platform for the current sales of the Mach-E and the F-150 Lightning, hoping to kind of just price them where they’d be losing little enough on each that they can make their bridge to that next platform.
And then earlier this fall, Ford basically announced pushing back those EV models to 2027, along with the new platform. So Ford kind of runs into the issue that we discussed on the previous conversation with Tesla, in that they’re going to have only really two EVs in the U.S. market for the next couple of years. So GM will have the Bolt back next year and some other Cadillacs. There’s a lot of exciting things on the way for GM.
This episode of Shift Key is sponsored by …
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Music for Shift Key is by Adam Kromelow.
And for his energy czar, Doug Burgum.
When Trump enters the Oval Office again in January, there are some climate change-related programs he could roll back or revise immediately, some that could take years to dismantle, and some that may well be beyond his reach. And then there’s carbon capture and storage.
For all the new regulations and funding the Biden administration issued to reduce emissions and advance the clean energy economy over the past four years, it did little to update the regulatory environment for carbon capture and storage. The Treasury Department never clarified how the changes to the 45Q tax credit for carbon capture under the Inflation Reduction Act affect eligibility. The Department of Transportation has not published its proposal for new safety rules for pipelines that transport carbon dioxide. And the Environmental Protection Agency has yet to determine whether it will give Texas permission to regulate its own carbon dioxide storage wells, a scenario that some of the state’s own representatives advise against.
That means, as the BloombergNEF policy associate Derrick Flakoll put it in an analysis published prior to the election, “the next administration and Congress will encounter a blank canvas of carbon capture infrastructure rules they can shape freely.”
Carbon capture is unique among climate technologies because it is, in most cases, a pure cost with no monetizable benefit. That means the policy environment — that great big blank canvas — is essential to determining which projects actually get built and whether the ones that do are actually useful for fighting climate change.
The next administration may or may not decide to take an interest in carbon capture, of course, but there’s reason to expect it will. Doug Burgum, Trump’s pick for the Department of the Interior who will also head up a new National Energy Council, has been a vocal supporter of carbon capture projects in his home state of North Dakota. Although Trump’s team will be looking for subsidies to cut in order to offset the tax breaks he has promised, his deep-pocketed supporters in the oil and gas industry who have made major investments in carbon capture based, in part, on the 45Q tax credit, will not want to see it on the chopping block. And carbon capture typically enjoys bipartisan support in Congress.
Congress first created the carbon capture tax credit in 2008, under the auspices of cleaning up the image of coal plants. Lawmakers updated the credit in 2018, and then again in 2022 with the Inflation Reduction Act, each iteration increasing the credit amount and expanding the types of projects that are eligible. Companies can now get up to $85 for every ton of CO2 captured from an industrial plant and sequestered underground, and $180 for every ton captured directly from the air. Combined with grants and loans in the 2021 Bipartisan Infrastructure Law, the changes have driven a surge in carbon capture and storage projects in the United States. More than 150 projects have been announced since the start of 2022, according to a database maintained by the International Energy Agency, compared to fewer than 100 over the four years prior.
Many of these projects are notably different from what has been proposed and tried in the past. Historically in the U.S., carbon capture has been used on coal-fired power plants, ethanol refineries, and at natural gas processing facilities, and almost all of the captured gas has been pumped into aging oil fields to help push more fuel out of the ground. But the new policy environment spurred at least some proposals in industries with few other options to decarbonize, including cement, hydrogen, and steel production. It also catalyzed projects that suck carbon directly from the air, versus capturing emissions at the source. Most developers now say they plan to sequester captured carbon underground rather than use it to drill for oil.
Only a handful of projects are actually under construction, however, and the prospects for others reaching that point are far from guaranteed. Inflation has eroded the value of the 45Q tax credit, Madelyn Morrison, the government affairs director for the Carbon Capture Coalition, told me. “Coupled with that, project deployment costs have really skyrocketed over the past several years. Some folks have said that equipment costs have gone up upwards of 50%,” she said.
Others aren’t sure whether they’ll even qualify, Flakoll told me. “There is a sort of shadow struggle going on over how permissive the credit is going to be in practice,” he said. For example, the IRA says that power plants have to capture 75% of their baseline emissions to be eligible, but it doesn’t specify how to calculate those baseline emissions. The Treasury solicited input on these questions and others shortly after the IRA passed. Comments raised concerns about how projects that share pipeline infrastructure should track and report their carbon sequestration claims. Environmental groups sought updates to the reporting and verification requirements to prevent taxpayer money from funding false or inflated claims. A 2020 investigation by the inspector general for tax administration found that during the first decade of the program, nearly $900 billion in tax credits were claimed for projects that did not comply with EPA reporting requirements. But the Treasury never followed up its request for comment with a proposed rule.
Permitting for carbon sequestration sites has also lagged. The Environmental Protection Agency has issued final permits for just one carbon sequestration project over the past four years, with a total of two wells. Fifty-five applications are currently under review.
Carbon dioxide pipeline projects have also faced opposition from local governments and landowners. In California, where lawmakers have generally supported the use of carbon capture for achieving state climate goals, and where more than a dozen projects have been announced, the legislature placed a moratorium on CO2 pipeline development until the federal government updates its safety regulations.
The incoming Congress and presidential administration could clear away some of these hurdles. Congress is already expected to get rid of or rewrite many of the IRA’s tax credit programs when it opens the tax code to address other provisions that expire next year. The Carbon Capture Coalition and other proponents are advocating for another increase to the value of the 45Q tax credit to adjust it for inflation. Trump’s Treasury department will have free rein to issue rules that make the credit as cheap and easy as possible to claim. The EPA, under new leadership, could also speed up carbon storage permitting or, perhaps more likely, grant primacy over permitting to the states.
But other Trump administration priorities could end up hurting carbon capture development. The projects with the surest path forward are the ones with the lowest cost of capture and multiple pathways for revenue generation, Rohan Dighe, a research analyst at Wood Mackenzie told me. For example, ethanol plants emit a relatively pure stream of CO2 that’s easy to capture, and doing so enables producers to access low-carbon fuel markets in California and Washington. Carbon capture at a steel plant or power plant is much more difficult, by contrast, as the flue gas contains a mix of pollutants.
On those facilities, the 45Q tax credit is too low to justify the cost, Dighe said, and other sources of revenue such as price premiums for green products are uncertain. “The Trump administration's been pretty clear in terms of wanting to deregulate, broadly speaking,” Dighe said, pointing to plans to axe the EPA’s power plant rules and the Securities and Exchange Commission’s climate disclosure requirements. “So those sorts of drivers for some of these projects moving forward are going to be removed.”
That means projects will depend more on voluntary corporate sustainability initiatives to justify investment. Does Amazon want to build a data center in West Texas? Is it willing to pay a premium for clean electricity from a natural gas plant that captures and stores its carbon?
But the regulatory environment still matters. Flakoll will be watching to see whether lax monitoring and reporting rules for carbon capture, if enacted, will hurt trust and acceptance of carbon capture projects to the point that companies find it difficult to find buyers for their products or insurance companies to underwrite them.
“There will be a more of a policy push for [CCS] to enter the market,” Flakoll said. “But it takes two to tango, and there's a question of how much the private sector will respond to that.”
What he wants them to do is one thing. What they’ll actually do is far less certain.
Donald Trump believes that tariffs have almost magical power to bring prosperity; as he said last month, “To me, the world’s most beautiful word in the dictionary is tariffs. It’s my favorite word.” In case anyone doubted his sincerity, before Thanksgiving he announced his intention to impose 25% tariffs on everything coming from Canada and Mexico, and an additional 10% tariff on all Chinese goods.
This is just the beginning. If the trade war he launched in his first term was haphazard and accomplished very little except costing Americans money, in his second term he plans to go much further. And the effects of these on clean energy and climate change will be anything but straightforward.
The theory behind tariffs is that by raising the price of an imported good, they give a stronger footing in the market; eventually, the domestic producer may no longer need the tariff to be competitive. Imposing a tariff means we’ve decided that a particular industry is important enough that it needs this kind of support — or as some might call it, protection — even if it means higher prices for a while.
The problem with across-the-board tariffs of the kind Trump proposes is that they create higher prices even for goods that are not being produced domestically and probably never will be. If tariffs raise the price of a six-pack of tube socks at Target from $9.99 to $14.99, it won’t mean we’ll start making tube socks in America again. It just means you’ll pay more. The same is often true for domestic industries that use foreign parts in their manufacturing: If no one is producing those parts domestically, their costs will unavoidably rise.
The U.S. imported over $3 trillion worth of goods in 2023, and $426 billion from China alone, so Trump’s proposed tariffs would represent hundreds of billions of dollars of increased costs. That’s before we account for the inevitable retaliatory tariffs, which is what we saw in Trump’s first term: He imposed tariffs on China, which responded by choking off its imports of American agricultural goods. In the end, the revenue collected from Trump’s tariffs went almost entirely to bailing out farmers whose export income disappeared.
The past almost-four years under Joe Biden have seen a series of back-and-forth moves in which new tariffs were announced, other tariffs were increased, exemptions were removed and reinstated. For instance, this May Biden increased the tariff on Chinese electric vehicles to over 100% while adding tariffs on certain EV batteries. But some of the provisions didn’t take effect right away, and only certain products were affected, so the net economic impact was minimal. And there’s been nothing like an across-the-board tariff.
It’s reasonable to criticize Biden’s tariff policies related to climate. But his administration was trying to navigate a dilemma, serving two goals at once: reducing emissions and promoting the development of domestic clean energy technology. Those goals are not always in alignment, at least in the short run, which we can see in the conflict within the solar industry. Companies that sell and install solar equipment benefit from cheap Chinese imports and therefore oppose tariffs, while domestic manufacturers want the tariffs to continue so they can be more competitive. The administration has attempted to accommodate both interests with a combination of subsidies to manufacturers and tariffs on certain kinds of imports — with exemptions peppered here and there. It’s been a difficult balancing act.
Then there are electric vehicles. The world’s largest EV manufacturer is Chinese company BYD, but if you haven’t seen any of their cars on the road, it’s because existing tariffs make it virtually impossible to import Chinese EVs to the United States. That will continue to be the case under Trump, and it would have been the case if Kamala Harris had been elected.
On one hand, it’s important for America to have the strongest possible green industries to insulate us from future supply shocks and create as many jobs-of-the-future as possible. On the other hand, that isn’t necessarily the fastest route to emissions reductions. In a world where we’ve eliminated all tariffs on EVs, the U.S. market would be flooded with inexpensive, high-quality Chinese EVs. That would dramatically accelerate adoption, which would be good for the climate.
But that would also deal a crushing blow to the American car industry, which is why neither party will allow it. What may happen, though, is that Chinese car companies may build factories in Mexico, or even here in the U.S., just as many European and Japanese companies have, so that their cars wouldn’t be subject to tariffs. That will take time.
Of course, whatever happens will depend on Trump following through with his tariff promise. We’ve seen before how he declares victory even when he only does part of what he promised, which could happen here. Once he begins implementing his tariffs, his administration will be immediately besieged by a thousand industries demanding exemptions, carve-outs, and delays in the tariffs that affect them. Many will have powerful advocates — members of Congress, big donors, and large groups of constituents — behind them. It’s easy to imagine how “across-the-board” tariffs could, in practice, turn into Swiss cheese.
There’s no way to know yet which parts of the energy transition will be in the cheese, and which parts will be in the holes. The manufacturers can say that helping them will stick it to China; the installers may not get as friendly an audience with Trump and his team. And the EV tariffs certainly aren’t going anywhere.
There’s a great deal of uncertainty, but one thing is clear: This is a fight that will continue for the entirety of Trump’s term, and beyond.