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Climate

Atmosperhic CO2 Is at an 800,000-Year High

On the WMO’s latest report, EPA climate grants, and BYD

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Atmosperhic CO2 Is at an 800,000-Year High
Heatmap Illustration/Getty Images

Current conditions: More than 2 million people are under blizzard warnings across the Midwest • A landslide is suspected of rupturing an oil pipeline in northwest Ecuador, triggering an environmental emergency • Beaches are closed in South Australia due to a dangerous microalgal bloom, which officials believe could be caused by the combination of unusual hot and dry weather, low wind, and low tides.

THE TOP FIVE

1. Judge temporarily blocks EPA’s efforts to claw back climate grants

A U.S. district judge issued a temporary restraining order yesterday blocking the Environmental Protection Agency from taking back billions of dollars in climate grants issued to a handful of nonprofits under the Inflation Reduction Act’s Greenhouse Gas Reduction Fund. Under the order, Citibank, where the funds are held, cannot transfer the money out of the nonprofits’ accounts because doing so would cause them “imminent harm.” The nonprofits in question – Climate United Fund, Coalition for Green Capital, and Power Forward Communities – received about $14 billion of more than $20 billion awarded for clean energy and climate solutions. The Trump administration’s EPA, led by Lee Zeldin, has frozen and attempted to claw back the funds, accusing the Biden administration of approving them hastily and without oversight, and accusing the nonprofits of “fraud, waste, and abuse.” Several of the grantees have sued the EPA and Citibank. In her decision, Judge Tanya Chutkan of Washington, D.C., said “there are serious due process concerns” about the EPA’s actions.

2. Key takeaways from WMO’s ‘State of the Global Climate’ report

The World Meteorological Organization’s annual “State of the Global Climate” report is out today. It’s packed full of numbers from 2024 that tell an alarming story:

  • Atmospheric carbon dioxide levels are now at their highest point in 800,000 years.
  • The average global temperature last year was 1.55 degrees Celsius (2.79 degrees Fahrenheit) above pre-industrial levels.
  • The ocean was the hottest it’s ever been in the 65-year observational record, and the ocean is warming more than twice as fast now as it was between 1960 and 2005.
  • There were 151 “unprecedented” extreme weather events in 2024, causing the highest number of new displacements of humans since 2008.
  • Sea levels are rising at double the rate seen in 1993.
  • The world’s glaciers have lost more mass over the past three years than in any other three-year period on record.

“WMO and the global community are intensifying efforts to strengthen early warning systems and climate services to help decision-makers and society at large be more resilient to extreme weather and climate,” said WMO Secretary-General Celeste Saulo. “We are making progress but need to go further and need to go faster. Only half of all countries worldwide have adequate early warning systems. This must change.”

3. SBTi maintains 1.5C goal for corporate sustainability standards

The Science Based Targets initiative, an influential nonprofit authority on best practices for corporate sustainability, published a draft proposal for its revised Net Zero Standard yesterday. It “requires that net-zero targets across all scopes (1, 2 and 3) be aligned with pathways limiting global warming to 1.5°C with no or limited overshoot.” In other words, companies that want an SBTi seal of approval can’t abandon the goal of limiting warming to 1.5 degrees Celsius, even as the world comes off its first year of average global temperatures above this threshold. “The finance industry is already abandoning voluntary initiatives intended to align their businesses with 1.5C,” noted Bloomberg, “with the Net-Zero Banking Alliance now virtually wiped off the map in North America.”

Companies were hoping the new standard would give direction as to whether they should be buying carbon removal in the near-term. But as Heatmap’s Emily Pontecorvo explains, in the section on carbon removal, SBTi described several potential approaches, none of which appears to be particularly ambitious. Feedback on the draft is due by June 1, after which the group’s technical department and expert working groups will refine it. SBTi expects companies to begin using the new standard to refine their targets in 2027.

4. Court dismisses legal challenge to NYC’s building electrification rules

A court has dismissed a legal challenge against New York City’s Local Law 154, which sets strict carbon dioxide limits that effectively ban fossil fuel-based space heating, hot water systems, cooking ranges, and clothes dryers in new buildings and buildings being gutted for renovation. Some industry groups and a plumber labor union challenged the law, claiming it “preempted” national energy-efficiency standards. The court disagreed, finding the law “regulates, indirectly, the type of fuel that a covered product may consume in certain settings, irrespective of that product’s energy efficiency or use.”

“This ruling is a major victory for local democracy and New York City residents who deserve healthy air and climate protection,” said Daniel Carpenter-Gold, staff attorney on the Climate Justice Team at the Public Health Law Center. “The court has affirmed that cities have the legal authority to address the use of fossil fuels in buildings, a major contributor to both climate change and air pollution.”

5. BYD unveils five-minute EV charging

Chinese auto giant BYD claims to have developed technology that can charge an electric vehicle for 250 miles of range in just five minutes, or about the same amount of time it takes to fill up a gas-powered car. The Super e-Platform “can achieve a charging power of one megawatt and a peak charging speed of two kilometers per second,” Bloomberg explained, “making it the fastest system of its type for mass-produced vehicles.” The claims boosted the company’s shares on Tuesday. Over the last year, the Tesla rival’s stock has gained 85%.

THE KICKER

The area of land covered by monarch butterflies wintering in Mexico this year has doubled compared to 2024, indicating a possible rebound for the iconic insects.

Yellow

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AM Briefing

Pump and Trump

On OpenAI’s pledge, power plant emissions, and Kazakh tungsten

A gas station.
Heatmap Illustration/Getty Images

Current conditions: The polar vortex that keeps air circulating around the North Pole collapsed months ahead of schedule, threatening to send frigid temperatures southward • India’s east coast Andhra Pradesh state is facing down yet another major storm as Severe Cyclone Murasu makes landfall • The catastrophic atmospheric river over the American Southwest has dumped more than 20 trillion gallons of water across Arizona, Colorado, New Mexico, and Utah.


THE TOP FIVE

1. Gas prices hit a record high on the eve of America’s midterm elections

The average price of a gallon of gasoline during President Donald Trump’s second term topped $3.46 as of Monday, a record that exceeds the previous high set under the Biden administration. That’s according to a new analysis by the Financial Times. And that’s just the average across the past 22 months. The average price nationwide on November 2 clocked in at just under $4.17 per gallon. “If modern living boiled down to a price, it’s the price at the pump,” Bob McNally, a former energy advisor to the George W Bush administration and president of consultancy Rapidan Energy, told the newspaper. “Whether a voter is filling up that day or not, it’s likely that they see a pump price.”

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Red
Daily Briefing

Think Congress Is Slow? Meet the Power Sector.

BAAJA would likely help speed up the U.S. transmission buildout, but there’s a chance we’re undercounting the benefits.

Power lines.
Heatmap Illustration/Getty Images

This is Heatmap Daily, a weekday digest written by our executive editor. Subscribe here.

As you may have seen, my colleague Emily Pontecorvo and I got the first look at the Rhodium Group’s analysis of what the bipartisan permitting bill will do to emissions.

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Blue
AM Briefing

Neutral, at Worst

On Chinese hydrogen, Fermi upheaval, and British offshore wind

Smokestacks.
Heatmap Illustration/Getty Images

Current conditions: The Pineapple Express, an atmospheric river originating in the Pacific near Hawaii, is arriving in the Southwest laden with heavy rain that’s set to flood the region • Indonesia has the worst air quality in the world as forest fires rage along Sumatra’s southern coast • A cross-country storm will soak much of the United States on Tuesday’s Election Day.


THE TOP FIVE

1. Permitting bill’s worst-case climate scenario is still carbon neutral

The Senate’s grand compromise to simplify federal permitting on energy projects would likely drop emissions slightly as the benefits to accelerating deployments of clean energy infrastructure outweigh the boost the legislation could give to fossil fuels. Even under the worst-case scenario, emissions remain on the same trajectory as today. That’s according to a hotly anticipated new analysis by the Rhodium Group, the consultancy whose U.S. emissions estimates are among the most widely cited in American politics. The report, shared first with my colleague Emily Pontecorvo, found that provisions in the Bipartisan American Affordability and Jobs Act largely counteract each other on climate. The bill makes building transmission lines much easier, a key step to patching more renewables onto the grid. But it also makes new gas pipelines simpler to permit, clearing the way for a buildout of the infrastructure for the fossil fuel already dominating U.S. electricity and heating systems. Still, under the best-case scenario, the legislation could cut U.S. economy-wide emissions by 5% below where they would otherwise go in 2040. The bill could also slash energy bills by $78 per year and support construction of more than 200 gigawatts of clean energy capacity, as compared to a world where it didn’t pass. The Rhodium report is at least the second analysis yet to find that the bill could modestly lower emissions. The first, as I reported last week, came from the think tank Resources for the Future, which saw a slight drop in power-sector emissions relative to a world without BAAJA.

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Blue