Sign In or Create an Account.

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

Climate

Get Ready for Another Mild Winter

On long-range forecasts, Google’s nuclear deal, and carbon sinks

Get Ready for Another Mild Winter

Current conditions: Severe flooding in Sri Lanka has closed schools and forced thousands from their homes • The U.K. could be warmer than Spain this week • It will be 95 degrees Fahrenheit today in Phoenix, which just marked 20 consecutive days of record heat.

THE TOP FIVE

1. AccuWeather forecasts another warm winter

It’s looking like this winter will be another mild one. AccuWeather long-range experts are forecasting that most of the United States will see above-normal temperatures between December and February. The exception is the Northeast, which could be cooler and see more snow this year than last. Last winter, you may recall, was the warmest on record. In some southern states, temperatures this winter could run more than 3 degrees Fahrenheit above the historical average. “This will result in a noticeable reduction in heating demand, which could translate to lower heating bills for families and businesses,” AccuWeather said.

AccuWeater

2. Google teams up with Kairos to build new nuclear reactor plants

Google has signed an agreement with Kairos Power to build and operate a fleet of advanced nuclear reactor plants that will generate 500 megawatts of clean power by 2035. Kairos will sell that electricity to Google to power its data centers. While other tech giants are also investing in nuclear to address their surging electricity needs (Amazon bought Talen Energy’s Cumulus data center campus; Microsoft is backing the revival of the Three Mile Island nuclear plant), Google is the first to commission new nuclear power plants for this purpose. The plan is to have the first reactor online by 2030. The Financial Times noted that the U.S. has only brought three reactors online in the last 20 years.

3. Bill Gates: Climate tech has entered its ‘deployment era’

Bill Gates’ climate venture firm Breakthrough Energy is out today with its 2024 State of the Transition report. The firm has invested $3.5 billion into more than 110 climate tech companies over the last nine years, and the report mostly discusses those projects’ progress, along with climate-tech investment strategies. Perhaps the most interesting part of the report is the letter from Gates himself, in which he says 2024 saw climate tech enter its “deployment era.” He wrote:

“At Breakthrough Energy, we noticed a subtle, but important, perspective shift from both the investors and corporations we engage with. Major global investors … are finally getting off the sidelines and engaging in climate tech opportunities in meaningful ways. Meanwhile, corporate leaders increasingly understand that cleantech is not just about shrinking their carbon footprint. It’s also about strengthening their businesses and deploying their capital more efficiently.”

4. Report: Global South scaling renewables faster than Global North

Many of the world’s emerging economies are ramping up renewable energy deployment faster than more advanced economies, according to new analysis from think tank RMI. These countries, scattered across the Global South (and excluding China, Eurasia, and the Middle East), are all showing clear trends, such as a surge in clean tech investment, exponential renewables growth, and solar and battery storage cost parity with fossil fuels. Much of this is driven by a lack of fossil fuel reserves, and a need for alternatives. In a third of developing countries, demand for fossil fuels has peaked. With enough investment, these trends could be supercharged, and the developing world could catch up with advanced economies’ energy transitions within five years. Climate coalition Mission 2025 used the report as an opportunity to reiterate its call for governments in rich countries to massively scale finance for low-income countries to reach the goal of tripling renewables by 2030.

RMI

5. Research suggests Earth’s land absorbed almost no carbon last year

New preliminary findings from an international group of climate researchers found that, in 2023, the Earth’s land regions showed an “unprecedented weakening” in their ability to absorb carbon. Soil, grasslands, forests, and wetlands are some of the world’s greatest carbon sinks, helping to balance the climate. But last year, the hottest year on record, it looks as though they absorbed almost no carbon at all. The researchers say that if warming rates continue as they are, urgent action is needed “to enhance carbon sequestration and reduce greenhouse gasses emissions to net zero before reaching a dangerous level of warming at which natural CO2 sinks may no longer provide to humanity the mitigation service they have offered so far by absorbing half of human induced CO2 emissions.”

THE KICKER

Tesla’s Optimus humanoid robots, which were on full display at the company’s recent Cybercab event, reportedly were mostly controlled by humans.

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
Climate

Careful With That Wild-Caught Tuna

The Trump administration’s rollback of coal plant emissions standards means that mercury is on the menu again.

A skull and a tuna.
Heatmap Illustration/Getty Images

It started with the cats. In the seaside town of Minamata, on the west coast of the most southerly of Japan’s main islands, Kyushu, the cats seemed to have gone mad — convulsing, twirling, drooling, and even jumping into the ocean in what looked like suicides. Locals started referring to “dancing cat fever.” Then the symptoms began to appear in their newborns and children.

Now, nearly 70 years later, Minimata is a cautionary tale of industrial greed and its consequences. Dancing cat fever and “Minamata disease” were both the outward effects of severe mercury poisoning, caused by a local chemical company dumping methylmercury waste into the local bay. Between the first recognized case in 1956 and 2001, more than 2,200 people were recognized as victims of the pollution, which entered the population through their seafood-heavy diets. Mercury is a bioaccumulator, meaning it builds up in the tissues of organisms as it moves up the food chain from contaminated water to shellfish to small fish to apex predators: Tuna. Cats. People.

Keep reading...Show less
Blue
AM Briefing

Wall Street's War Anxiety

On Qatari aluminum, floating offshore wind, and Taiwanese nuclear

Wall Street traders.
Heatmap Illustration/Getty Images

Current conditions: Upstate New York and New England are facing another 2 inches of snow • A heat wave in India is sending temperatures in Gujarat beyond 100 degrees Fahrenheit • Record-breaking rain is causing flash flooding in South Australia, New South Wales, and Victoria.

THE TOP FIVE

1. Clean energy stocks aren’t seeing a boost yet from the war in Iran

The war with Iran is shocking oil and natural gas prices as the Strait of Hormuz effectively closes and Americans start paying more at the pump. “So despite the stock market overall being down, clean energy companies’ shares are soaring, right?” Heatmap’s Matthew Zeitlin wrote yesterday. “Wrong. First Solar: down over 1% on the day. Enphase: down over 3%. Sunrun: down almost 8%; Tesla: down around 2.5%.” What’s behind the slump? Matthew identified three reasons. First, there was a general selloff in the market. Second, supply chain disruptions could lead to inflation, which might lead to higher interest rates, or at the very least slow the planned cycle of cuts. Third, governments may end up trying “to mitigate spiking fuel prices by subsidizing fossil fuels and locking in supply contracts to reinforce their countries’ energy supplies,” meaning renewables “may thereby lose out on investment that might more logically flow their way.”

Keep reading...Show less
Red
Energy

Oil Is Surging. Clean Energy Stocks Are Down Anyway.

The attacks on Iran have not redounded to renewables’ benefit. Here are three reasons why.

A graph, Iran, and solar panels.
Heatmap Illustration/Getty Images, Library of Congress

The fragility of the global fossil fuel complex has been put on full display. The Strait of Hormuz has been effectively closed, causing a shock to oil and natural gas prices, putting fuel supplies from Incheon to Karachi at risk. American drivers are already paying more at the pump, despite the United States’s much-vaunted energy independence. Never has the case for a transition to renewable energy been more urgent, clear, and necessary.

So despite the stock market overall being down, clean energy companies’ shares are soaring, right?

Keep reading...Show less