Sign In or Create an Account.

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

Climate

Florida Is Bracing for a Potential Category 4 Hurricane

On a looming storm, Biden’s Climate Week event, and tripling renewables

Florida Is Bracing for a Potential Category 4 Hurricane
Heatmap Illustration/Getty Images

Current conditions: Hurricane John is bringing dangerous storm surge to Mexico’s Pacific coast • Flash floods and landslides are inundating villages in northern Thailand • Phoenix officials confirmed the city had 113 straight days of temperatures over 100 degrees Fahrenheit this summer, breaking the previous record, set in 1993, of 76 days.

THE TOP FIVE

1. State of emergency issued in Florida ahead of potential hurricane

Florida Gov. Ron DeSantis declared a state of emergency in 41 of the state’s 67 counties ahead of a storm that is expected to slam into the state’s Gulf coast Thursday as a Category 3 or maybe even Category 4 hurricane. The executive order activates the Florida National Guard and emergency response teams. “As the system approaches, I'm urging Floridians to finalize their storm prep, monitor weather reports and follow the guidance of local authorities,” DeSantis said. “Stay Safe, Florida.”

AccuWeather

Tropical Storm Nine could strengthen into Hurricane Helene with maximum sustained wind gusts of 111-130 miles per hour, according to AccuWeather meteorologists. It could bring up to 12 inches of rain near the point of landfall, but flooding could happen as far north as the Ohio River Valley. Some parts of the Florida Panhandle could see up to 15 feet of storm surge. “This is going to be a life-threatening storm with dangerous storm surge,” said AccuWeather meteorologist Bernie Rayno. “The one factor that is alarming is how incredibly high water temperatures are, which can fuel rapid intensification right along the forecast track of this storm.”

2. Biden to speak at Climate Week event

President Biden will speak today at Climate Week NYC, taking the stage at the Bloomberg Global Business forum. His comments will highlight his administration’s climate agenda and clean energy policies and how they are “lowering costs, creating good-paying and union jobs, and reducing harmful emissions,” according to a White House statement. E&E Newsreported that many of Biden’s top energy and environmental officials are out in force, trying to remind everyone that the climate landscape would look very different under a Trump presidency.

3. All eyes on the Global Renewables Summit

Also happening at Climate Week today: The Global Renewables Summit, taking place at the Plaza Hotel. World leaders including European Commission President Ursula von der Leyen and the president of this year’s COP29 summit will be expected to speak about the global goal to triple renewable energy capacity by 2030. The International Energy Agency released a report today concluding that the goal, which was set at last year’s COP28, is within reach but only if countries ramp up transmission expansion and dramatically increase energy storage. “Further international cooperation is vital to deliver fit-for-purpose grids, sufficient energy storage and faster electrification, which are integral to move clean energy transitions quickly and securely,” said IEA Executive Director Fatih Birol. Another new report, from the International Renewable Energy Agency, found that 81% of the new renewable energy capacity added last year was cheaper than fossil fuels.

Meanwhile, at the U.N. General Assembly, leaders of developing nations issued a plea for the world’s developed countries to stop paying “lip service” and lead the way on emissions cuts and climate finance.

4. First Street examines U.S. banks’ climate risks

The non-profit research foundation First Street released a new report yesterday examining the growing financial risks associated with climate disasters. Using its climate risk financial modeling tool, First Street found that 57 U.S. banks with a total of $627 billion in real estate loans could face material financial risk. Those loans represent nearly 11% of all loans in the country. Regional and community banks are especially vulnerable “given the concentrated nature of their lending portfolios.”

“Through climate risk financial modeling, we are able to get the first glimpse of the financial institutions which have material financial risk from their exposure to the physical impacts of climate change,” said Dr. Jeremy Porter, head of climate implications at First Street. “While this risk is material by definition, banks are finally in a position where they can proactively manage these risks to dramatically change their risk profile over time.”

5. California sues ExxonMobil

The state of California is suing ExxonMobil, accusing the oil giant of lying about plastic being recyclable and overpromising on its “advanced recycling” technology. “We are asking the court to hold ExxonMobil fully accountable for its role in actively creating and exacerbating the plastics pollution crisis through its campaign of deception,” California Attorney General Rob Bonta said. “The case opens a new front in the legal battles against oil and gas companies over climate and environmental issues,” explainedThe New York Times. But legal experts say the state will face an uphill battle in the suit.

THE KICKER

“Even in states where coal makes up a large share of the power grid — such as West Virginia, Wyoming, or Missouri — EVs produce half as much CO2 as gasoline vehicle. That’s because EVs are much more energy efficiency than internal combustion vehicles. So even though coal is a dirtier energy source than gasoline or diesel, EVs need to far less of it (in the form of electricity) to drive an additional mile.” –Robinson Meyer explains why switching to an EV matters so much for the climate, as part of Heatmap’s new Decarbonize Your Life special report.

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

The Unignorable Incoherence of Trump 2.0

Let us consider the issue of nuclear energy.

Donald Trump.
Heatmap Illustration/Getty Images

The next Trump administration is ramping up, and we are beginning to get a sense of what it might look like.

But before we get any further from the election, I want to note the one thing we absolutely know about the Trump administration’s policy: It constantly contradicts itself. In order to win, Trump has made an overlapping and contradictory set of promises to his stakeholders and supporters.

Keep reading...Show less
Donald Trump and clean energy.
Heatmap Illustration/Getty Images

I won’t sugar coat this: The election of Donald Trump to a second term with a likely governing trifecta has dealt a devastating blow to U.S. efforts to cut climate-warming pollution.

I’ve spent the past four years analyzing the progress made under the Biden-Harris Administration as leader of the REPEAT Project, which uses energy systems models to rapidly assess the impact of federal energy and climate policies. In that time, the passage of landmark legislation — the Inflation Reduction Act and Bipartisan Infrastructure Law — and finalization of key federal regulations on greenhouse gas emissions from power plants, cars and trucks, and oil and gas supply chains put the U.S. on track to more than double its pace of decarbonization and avoid about 6 billion tons of cumulative emissions through 2035. Though even that progress was not enough: Recent policies would do only about half the work required to bend U.S. emissions onto a net-zero pathway by 2035.

Keep reading...Show less
Yellow
Climate

AM Briefing: Breaching 1.5

On tipping points, Trump’s emissions impact, and private jets

This Is the Year the World Breaches 1.5 Degrees
Heatmap Illustration/Getty Images

Current conditions: Colorado’s major snow storm will continue well into the weekend • More than 900 people in Pakistan were hospitalized in a single day due to extreme air pollution • Devastating flooding continues in Spain.

THE TOP FIVE

1. Guterres warns of tipping points and 1.5C breach ahead of COP29

The world continues to underestimate climate risks, and irreversible tipping points are near, UN Secretary General António Guterres toldThe Guardian. “It is absolutely essential to act now,” he said. “It’s absolutely essential to reduce emissions drastically now.” His warning comes before the COP29 summit kicks off Monday in Azerbaijan, where negotiators are set to agree on a new global finance target to help developing countries with climate adaptation. Guterres said that if the U.S. leaves the Paris Agreement again under a Trump presidency, the landmark goal to limit global warming to 1.5 degrees Celsius would be “crippled.” Experts say 2024 is now expected to be the first full calendar year in which global temperatures exceed the 1.5 degrees target.

Keep reading...Show less
Yellow