Sign In or Create an Account.

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

Climate

Atmosperhic CO2 Is at an 800,000-Year High

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

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

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
Energy

Is Burying a Nuclear Reactor Worth It?

Deep Fission says that building small reactors underground is both safer and cheaper. Others have their doubts.

Burying an atom.
Heatmap Illustration/Getty Images

In 1981, two years after the accident at Three Mile Island sent fears over the potential risks of atomic energy skyrocketing, Westinghouse looked into what it would take to build a reactor 2,100 feet underground, insulating its radioactive material in an envelope of dirt. The United States’ leading reactor developer wasn’t responsible for the plant that partially melted down in Pennsylvania, but the company was grappling with new regulations that came as a result of the incident. The concept went nowhere.

More than a decade later, the esteemed nuclear physicist Edward Teller resurfaced the idea in a 1995 paper that once again attracted little actual interest from the industry — that is, until 2006, when Lowell Wood, a physicist at the Lawrence Livermore National Laboratory, proposed building an underground reactor to Bill Gates, who considered but ultimately abandoned the design at his nuclear startup, TerraPower.

Keep reading...Show less
Green
AM Briefing

AM Briefing: Cheap Crude

On energy efficiency rules, Chinese nuclear, and Japan’s first offshore wind

An oil field.
Heatmap Illustration/Getty Images

Current conditions: Warm air headed northward up the East Coast is set to collide with cold air headed southward over the Great Lakes and Northeast, bringing snowfall followed by higher temperatures later in the week • A cold front is stirring up a dense fog in northwest India • Unusually frigid Arctic air in Europe is causing temperatures across northwest Africa to plunge to double-digit degrees below seasonal norms, with Algiers at just over 50 degrees Fahrenheit this week.


THE TOP FIVE

1. Crude prices fell in 2025 amid oversupply, complicating Venezuela’s future

A chart showing average monthly spot prices for Brent crude oil throughout 2025.EIA

Keep reading...Show less
Blue
Podcast

Why Trump’s Oil Imperialism Might Be a Tough Sell for Actual Oil Companies

Rob talks about the removal of Venezuela’s Nicolás Maduro with Commodity Context’s Rory Johnston.

Pete Hegseth, John Ratcliffe, and Donald Trump.
Heatmap Illustration/Getty Images

Over the weekend, the U.S. military entered Venezuela and captured its president, Nicolás Maduro, and his wife. Maduro will now face drug and gun charges in New York, and some members of the Trump administration have described the operation as a law enforcement mission.

President Donald Trump has taken a different tack. He has justified the operation by asserting that America is going to “take over” Venezuela’s oil reserves, even suggesting that oil companies might foot the bill for the broader occupation and rebuilding effort. Trump officials have told oil companies that the U.S. might not help them recover lost assets unless they fund the American effort now, according to Politico.

Keep reading...Show less