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Economy

AM Briefing: Blizzards, Floods, and Tornadoes

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

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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    Energy

    AM Briefing: Power Hungry

    On the IEAs latest report, flooding in LA, and Bill Gates’ bad news

    Global Electricity Use Is Expected to Soar
    Heatmap Illustration/Getty Images

    Current conditions: Severe thunderstorms tomorrow could spawn tornadoes in Mississippi, Louisiana, Arkansas, and Alabama • A massive wildfire on a biodiverse island in the Indian Ocean has been burning for nearly a month, threatening wildlife • Tropical Cyclone Zelia has made landfall in Western Australia with winds up to 180mph.

    THE TOP FIVE

    1. Breakthrough Energy to slash climate grantmaking budget

    Bill Gates’ climate tech advocacy organization has told its partners that it will slash its grantmaking budget this year, dealing a blow to climate-focused policy and advocacy groups that relied on the Microsoft founder, Heatmap’s Katie Brigham has learned. Breakthrough Energy, the umbrella organization for Gates’ various climate-focused programs, alerted many nonprofit grantees earlier this month that it would not be renewing its support for them. This pullback will not affect Breakthrough’s $3.5 billion climate-focused venture capital arm, Breakthrough Energy Ventures, which funds an extensive portfolio of climate tech companies. Breakthrough’s fellowship program, which provides early-stage climate tech leaders with funding and assistance, will also remain intact, a spokesperson confirmed. They would not comment on whether this change will lead to layoffs at Breakthrough Energy.

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    Climate Tech

    Breakthrough Energy Is Slashing Its Climate Grantmaking Budget

    Grantees told Heatmap they were informed that Bill Gates’ climate funding organization would not renew its support.

    Bill Gates.
    Heatmap Illustration/Getty Images

    Bill Gates’ climate tech advocacy organization has told its partners that it will slash its grantmaking budget this year, dealing a blow to climate-focused policy and advocacy groups that relied on the Microsoft founder, Heatmap has learned.

    Breakthrough Energy, the umbrella organization for Gates’ various climate-focused programs, alerted many nonprofit grantees earlier this month that it would not be renewing its support for them. This pullback will not affect Breakthrough’s $3.5 billion climate-focused venture capital arm, Breakthrough Energy Ventures, which funds an extensive portfolio of climate tech companies. Breakthrough’s fellowship program, which provides early-stage climate tech leaders with funding and assistance, will also remain intact, a spokesperson confirmed. They would not comment on whether this change will lead to layoffs at Breakthrough Energy.

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    Spotlight

    Anti-Wind Activists Have a Big Ask for the Big Man

    The Trump administration is now being lobbied to nix offshore wind projects already under construction.

    Trump and offshore wind.
    Getty Images / Heatmap Illustration

    Anti-wind activists have joined with well-connected figures in conservative legal and energy circles to privately lobby the Trump administration to undo permitting decisions by the National Oceanic and Atmospheric Administration, according to documents obtained by Heatmap.

    Representatives of conservative think tanks and legal nonprofits — including the Caesar Rodney Institute, the Heartland Institute and Committee for a Constructive Tomorrow, or CFACT — sent a letter to Interior Secretary Doug Burgum dated February 11 requesting that the Trump administration “immediately revoke” letters from NOAA to 11 offshore wind projects authorizing “incidental takes,” a term of regulatory art referencing accidental and permissible deaths under federal endangered species and mammal protection laws. The letter lays out a number of perceived issues with how those approvals have historically been issued for offshore wind companies and claims the government has improperly analyzed the cumulative effects of adding offshore wind to the ocean’s existing industrialization. NOAA oversees marine species protection.

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