Current conditions: Severe storms dropped hail stones on Madrid • More than 500 people have died during a heat wave in Pakistan • A home near Minnesota’s failing Rapidan Dam was swept into the raging Blue Earth River.
THE TOP FIVE
1. Biden and Trump to debate in Atlanta
President Biden and former President Donald Trump will meet in Atlanta tonight for the first presidential debate of 2024. The head-to-head comes as millions of Americans endure extreme weather events – from dangerous heat waves to wildfires to unprecedented flooding – made worse by climate change and our use of fossil fuels. If climate change comes up at the debate (and it may not), it’ll be interesting to see how both candidates handle it. Trump will probably attack Biden for cracking down on the fossil fuel industry. And while oil and gas production is soaring under Biden, he may not want to draw attention to that particular accolade as he vies for young progressive voters and touts his green agenda. “The dynamic could force Biden, who has made fighting climate change a pillar of his second-term pitch, to walk a rhetorical tightrope,” E&E Newsnoted.
2. Report: Corporate climate lawsuits are on the rise
A new report finds that climate lawsuits have risen in the last 20 years. While the overall number of cases has leveled off slightly recently, those filed against companies (as opposed to governments) are growing. About 230 were filed between 2015 and 2023, and the majority of those were launched in the last three years, according to the Grantham Research Institute on Climate Change and the Environment. Here you can see the number of cases targeting corporations specifically since 2015:
Grantham Research Institute on Climate Change and the Environment
The report says the trend is driven in part by a rise in lawsuits targeting the “professional and financial services that enable the work of fossil fuel companies.” For example, marketing and advertising companies that create positive campaigns for oil and gas firms. And another factor here is sectors that rely heavily on fossil fuels (airlines, for example) but may attempt to “climate wash” by overstating their environmental initiatives. These kinds of corporate lawsuits are becoming more and more common, and more than 70% have been successful. The report concludes that “companies from many sectors are now at risk of being taken to court over the climate.”
3. Ford picks Long Beach for low-cost EV hub
Ford has chosen Long Beach, California, as the place where it will build its low-cost EV platform. The city’s mayor, Rex Richardson, announced the news yesterday. Ford has been bulking up its “secretive low-cost EV team” in recent months, hiring workers away from rivals like Rivian and Tesla. The Long Beach campus will open in early 2025 and house 450 employees who will focus on “developing a new generation of small, affordable vehicles,” according to Emma Bergg, a spokesperson for Ford’s EV division.
4. Many Midwesterners hit by flooding lack flood insurance
Many Midwesterners don’t have flood insurance that would help them cover the damage from recent flooding events, ABC News reported. In the parts of Iowa that were inundated over the weekend, less than 1% of single-family homes have flood insurance from the government. One reason is because residents don’t expect to be flooded because they don’t live near major rivers or in areas that have historically been at high risk. But climate change is making extreme rainfall more common. As Heatmap’s Jeva Lange explained, “put simply, a warmer atmosphere can hold more water, which means worse deluges.”
5. Heat battery startup Rondo Energy lands new customers
Rondo Energy, a Silicon Valley startup building “heat batteries” to replace fossil fuels in heavy industries, announced three new customers yesterday. As Heatmap’s Emily Pontecorvo reported, in just a few months’ time, the company has gone from serving a single industry — ethanol — at its pilot plant in California, to making deals around the globe that demonstrate the technology’s potential versatility. With grant funding from Breakthrough Energy Catalyst, as well as the European Investment Bank, the company will install three commercial-scale batteries at factories in Denmark, Germany, and Portugal. Each one will prove Rondo's compatibility with a different industry: In Denmark, the battery will be used to produce low-carbon biogas. In Germany, it will power a Covestro chemical plant that produces polymers. In Portugal, it will power a to-be-announced food and beverage factory.
THE KICKER
Scientists are surprised to find that some small, low-lying islands in the tropics aren’t sinking even as sea levels rise due to climate change, The New York Times reported. Instead, it seems the islands can “adjust naturally” to the sea level changes, which offers a glimmer of hope to the islands’ residents.
