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Economy

AM Briefing: Blizzards, Floods, and Tornadoes

On the crazy winter storm, America's carbon emissions, and deep-sea mining

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AM Briefing: Blizzards, Floods, and Tornadoes
Heatmap Illustration/Getty Images

Current conditions: A blizzard is slamming Turkey near Istanbul • Central and Southeast Asia are experiencing unusually high temperatures • Researchers confirmed 2023 was the hottest year ever recorded.

THE TOP FIVE

1. America’s carbon emissions fell for the first time since the pandemic

America’s greenhouse gas pollution from energy and industrial activities fell by 1.9% in 2023 compared to the year before, according to energy research firm the Rhodium Group. This marks the first time since the pandemic that carbon emissions have dropped. But perhaps more importantly, the reduction happened even as the broader American economy grew. “It’s the first time this decade that the United States has hit the important mark of growing its economy and cutting its climate pollution at the same time,” says Heatmap’s Robinson Meyer. Climate pollution from the power sector fell by 8% last year, a greater decline than in any other part of the economy, driven partly by the death of the coal industry, partly by an exceptionally warm winter. But there is still much work to be done: America must roughly triple its pace of pollution reductions to meet its Paris Agreement goal of cutting emissions in half by 2030. “Emissions cuts of that magnitude are probably not feasible,” Meyer says.

2. Another dangerous winter storm is on the way

More than 400,000 customers are without power this morning as massive winter storm systems sweep across the country. To the east, a surface cyclone dropped torrents of rain and left more than 6 million people under flood warnings. Streets were submerged in cities along the East Coast, including Annapolis and Baltimore, Maryland; and Alexandria, Virginia. By early evening on Tuesday, the daily rain record for Washington, D.C., had been broken. The rain has tapered off but as National Weather Service meteorologist Patrick Wilson told The New York Times: “The worst time for flooding is right after the rain stops.”

Weather advisories as of early morning January 10NWS and NOAA

The storm is also blasting states with strong wind gusts, and at least 15 tornadoes were reported in the South. More than a foot of snow fell in parts of the Central Plains. On the West Coast, a blizzard warning was issued for the Cascade and Olympic mountains – the first such warning in over a decade. That storm system will make its way east and is expected to “intensify explosively” by the weekend, bringing blizzard conditions to the Midwest, severe storms to the South, and more flooding to the East Coast. The cold snap will linger into next week.

Temperature predictions for the weekendNWS and NOAA

Scientists say climate change is supercharging winter storms. Dr. Jennifer Francis, a senior scientist with the Woodwell Climate Research Center, explained to the Union of Concerned Scientists last year that warmer temperatures give weather systems “more fuel to work with in the form of water vapor and heat, more moisture, and as a result, these storms are dumping more precipitation.”

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3. Climate chaos dominates WEF Global Risks Report

The World Economic Forum (WEF) released its 2024 Global Risks Report today, outlining the biggest risks the world faces in the long and short term. While last year’s report focused largely on economic risks like inflation, the WEF says the top risks for the next two years are misinformation and extreme weather events. Looking a bit further into the future, over the next 10 years climate change and environmental issues account for half of the 10 top global risks, as nations are unprepared for the “triggering of long-term, potentially irreversible and self-perpetuating changes to select planetary systems [which] could be passed at or before 1.5C of global warming, currently anticipated to be reached by the early 2030s.” The report is the result of a survey of more than 1,400 global experts across government, business, and academia. The annual WEF meeting in Davos kicks off next week.

Global risks, rankedWEF

4. Norway greenlights deep-sea mining

Norway’s parliament voted to allow deep-sea mining in its Arctic waters, a move that “paves the way for a new frontier in mining,” writes Adam Vaughan at the Times of London. Demand for critical minerals that help power many of our technologies – including wind turbines and electric cars – is expected to grow more than three times by 2030, and companies have been eyeing the seabed as a source. Some suggest seabed extraction could be less environmentally harmful than traditional mineral mining, but environmentalists worry it could destroy delicate ecosystems. More than 20 countries recently backed a moratorium on deep-sea mining.

5. Study calculates climate impact of Gaza conflict

The conflict between Israel and Hamas in Gaza is generating large amounts of greenhouse gas emissions, according to a recent study. The research finds that, in the first 60 days of the war, the emissions footprint of Israel’s military response – including pollution from military vehicles, exploding bombs and rockets, and aircraft missions – was “roughly the equivalent of 75 coal-fired power plants operating for a year.” The study has yet to be peer reviewed. However it is the first attempt to quantify the conflict's climate impact, The Guardian reports.

THE KICKER

2023 was the first year in which every single day was at least 1 degree Celsius hotter than the pre-industrial average.

Editor’s note: This story has been updated to reflect the fact that Norway is not the first country to approve commercial deep-sea mining. We regret the error.

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AM Briefing

BAAJA Blast

On COP31, France’s antinuclear left, and Paraguay’s crisis

The Capitol.
Heatmap Illustration/Getty Images

Current conditions: Another atmospheric river is deluging the West Coast, this time in the Pacific Northwest • Dozens of U.S. cities notched record high temperatures in October • At least 11 of Thailand’s southern provinces are under emergency warnings for flooding and nearly 7-foot waves amid a surge of monsoon conditions.


THE TOP FIVE

1. The UN climate summit begins in Turkey

The 31st annual global climate summit kicked off this morning in Antalya, a Turkish resort city on the country’s southern Mediterranean coast. Known as the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP31, the event marks the second year in a row that virtually every nation on Earth will gather except the United States, after President Donald Trump withdrew the country from both the landmark 2015 Paris Agreement and from the larger global body shortly after his return to office last year. The biggest item on this year’s agenda, reports my colleague Emily Pontecorvo, is the “35x35” pledge, Turkey’s proposal to electrify 35% of the world’s final energy use by 2035. Today the world uses electricity for just 21% of end-use energy. As I reported last week, the latest projections from the Rhodium Group put the likely electrification rate worldwide at 28% by 2035.

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Blue
Energy

The Last-Minute Changes to the Senate Permitting Deal, Explained

A new version of the bill strives to address environmental and tribal concerns while strengthening some of its transmission provisions.

Power lines and data center construction.
Heatmap Illustration/Getty Images

We now have the updated final text of the bipartisan Senate permitting deal. Will it be enough to get the bill across the finish line?

On Saturday morning, senators released a reworked version of the Bipartisan Affordability and American Jobs Act. This version, known as a “manager’s amendment” under parliamentary procedure, aims to address many of the concerns and criticisms raised about the bill and will become the official legislative text that ultimately gets a vote in the Senate. There’s something in these changes for everyone – environmentalists, tribes, utilities – but it remains to be seen if they put the bill into a Goldilocks zone.

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Climate

What to Know About COP31

The “35x35” electrification pledge and an AI pledge are on the table.

Antalya, Turkey.
Heatmap Illustration/Getty Images

World leaders are flocking to the Mediterranean resort town of Antalya, Turkey, this weekend for the 31st United Nations Climate Change Conference, also known as COP31. The U.S., of course, will once again not attend, as President Trump not only withdrew the country from the Paris Agreement but also from the United Nations Framework Convention on Climate Change, the umbrella group that organizes the annual conferences. Still, 194 other governments will be there, putting their heads together on how to move another few inches toward a safer future.

This year, as with the last several convenings, the meeting arrives against a backdrop of geopolitical instability, worsening climate impacts, and growing concern about energy security and affordability. While conflicts like the Iran war in some ways bolster the case for the energy transition by surfacing the risks of fossil fuel dependence, prioritizing energy security can manifest as countries turning inward and showing less willingness to work for the global good.

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Green