Sign In or Create an Account.

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

Climate

It’s Not Just Florida That’s Flooded Right Now

On severe rainfall across the globe, Musk’s payday, and La Niña

It’s Not Just Florida That’s Flooded Right Now
Heatmap Illustration/Getty Images

Current conditions: Mexico recorded its hottest June day ever, with temperatures reaching 125.4 degrees Fahrenheit • Southern China is bracing for heavy rain that could last through next week • It is warm and sunny in Italy’s Puglia region, where the 50th G7 summit will wrap up tomorrow.

THE TOP FIVE

1. An update on extreme flooding in Florida – and across the globe

Much of south Florida remains under water as a tropical storm system dumps buckets of rain on the region. The deluge began Tuesday and will continue today with “considerable to locally catastrophic urban flooding,” but should diminish over the weekend, according to the National Weather Service. In Hallandale Beach, near Fort Lauderdale, about 20 inches of rain had fallen by Thursday with more on the way. Seven million people in the state were under flood watches or warnings.

Joe Raedle/Getty Images

Flooding in Hallandale Beach and Hollywood, Florida. Joe Raedle/Getty Images

Spain, Indonesia, Chile, and Moscow are also experiencing extreme flooding due to excessive rainfall.

2. Tesla shareholders re-approve Musk’s pay package

In case you missed it: Tesla shareholders voted yesterday to re-approve CEO Elon Musk’s enormous pay package. “The vote puts to bed a variety of rumors and threats surrounding the electric car company,” wrote Andrew Moseman at Heatmap, “including, most seriously, that Musk would neglect Tesla in favor of his other companies if he didn’t get his way and might consider leaving for good, taking his talents for artificial intelligence and autonomous driving elsewhere. With his colossal payday back in place, he appears likely to stay and to push Tesla toward those fields.” The shareholders also voted to reincorporate the company in Texas.

3. Oil trade group sues EPA over tailpipe rules

The American Petroleum Institute yesterday filed a federal lawsuit against the EPA to block the agency’s new tailpipe emissions rules. The standards “strengthen greenhouse gas emission limits, in terms of grams of CO2 per mile, that automakers will have to adhere to, on average, across their product lines,” Heatmap’s Emily Pontecorvo explained when the rules were announced in March. The regulations will encourage manufacturers to make more electric vehicles. API is the largest oil trade group in the U.S. and includes industry giants Exxon Mobil and Chevron. Attorneys general from 25 states are also suing the EPA over the same emissions rules. As Reuters reported, “the U.S. auto industry has largely endorsed the new tailpipe standards.”

4. El Niño is officially over

The National Oceanic Atmospheric Administration yesterday declared the El Niño weather pattern officially over and said La Niña will likely be upon us sometime between July and September:

NOAA

El Niño, combined with human-caused climate change, has brought record warm temperatures and drought conditions across the world, but weather experts worry the shift toward La Niña could make matters worse. Right now we’re in a sort of in-between zone – neither El Niño or La Niña – and “summers between the phases have higher-than-average temperatures,” reported Grist. And La Niña is expected to supercharge storms in the Atlantic, making for a severe hurricane season.

5. Insurance industry keeps underestimating natural disaster costs

The insurance industry apparently keeps underestimating the severity of natural disasters. According to the Financial Times, reinsurer Swiss Re is warning the industry that its annual models have been “off by factors as opposed to 10 or 20%,” as insured losses topped $100 billion last year for the fourth year in a row and may very well do so again this year. The inaccuracy comes down to a lack of data, Swiss Re said, adding that it is investing heavily in improving its own disaster prediction models.

THE KICKER

Officials in Montgomery County, Maryland, will break ground today on a transit microgrid that will eventually power 200 zero-emission buses and be the largest renewable energy-powered bus depot in the U.S.

Alphastruxure

Yellow

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Politics

Trump’s Tiny Car Dream Has Big Problems

Adorable as they are, Japanese kei cars don’t really fit into American driving culture.

Donald Trump holding a tiny car.
Heatmap Illustration/Getty Images

It’s easy to feel jaded about America’s car culture when you travel abroad. Visit other countries and you’re likely to see a variety of cool, quirky, and affordable vehicles that aren’t sold in the United States, where bloated and expensive trucks and SUVs dominate.

Even President Trump is not immune from this feeling. He recently visited Japan and, like a study abroad student having a globalist epiphany, seems to have become obsessed with the country’s “kei” cars, the itty-bitty city autos that fill up the congested streets of Tokyo and other urban centers. Upon returning to America, Trump blasted out a social media message that led with, “I have just approved TINY CARS to be built in America,” and continued, “START BUILDING THEM NOW!!!”

Keep reading...Show less
AM Briefing

Nuclear Strategy

On MAHA vs. EPA, Congo’s cobalt curbs, and Chinese-French nuclear

Nuclear power.
Heatmap Illustration/Getty Images

Current conditions: In the Pacific Northwest, parts of the Olympics and Cascades are set for two feet of rain over the next two weeks • Australian firefighters are battling blazes in Victoria, New South Wales, and Tasmania • Temperatures plunged below freezing in New York City.


THE TOP FIVE

1. New defense spending bill makes nuclear power a ‘strategic technology’

The U.S. military is taking on a new role in the Trump administration’s investment strategy, with the Pentagon setting off a wave of quasi-nationalization deals that have seen the Department of Defense taking equity stakes in critical mineral projects. Now the military’s in-house lender, the Office of Strategic Capital, is making nuclear power a “strategic technology.” That’s according to the latest draft, published Sunday, of the National Defense Authorization Act making its way through Congress. The bill also gives the lender new authorities to charge and collect fees, hire specialized help, and insulate its loan agreements from legal challenges. The newly beefed up office could give the Trump administration a new tool for adding to its growing list of investments, as I previously wrote here.

Keep reading...Show less
Green
Bruce Westerman, the Capitol, a data center, and power lines.
Heatmap Illustration/Getty Images

After many months of will-they-won’t-they, it seems that the dream (or nightmare, to some) of getting a permitting reform bill through Congress is squarely back on the table.

“Permitting reform” has become a catch-all term for various ways of taking a machete to the thicket of bureaucracy bogging down infrastructure projects. Comprehensive permitting reform has been tried before but never quite succeeded. Now, a bipartisan group of lawmakers in the House are taking another stab at it with the SPEED Act, which passed the House Natural Resources Committee the week before Thanksgiving. The bill attempts to untangle just one portion of the permitting process — the National Environmental Policy Act, or NEPA.

Keep reading...Show less
Blue