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Current conditions: California’s Sierra Nevada range is expecting another snowstorm • Dangerous smog has settled on Vietnam’s capital of Hanoi • Drought-stricken Sicily has declared a state of emergency.
This week marks the end of an era in climate diplomacy: John Kerry, the first special presidential envoy for climate, is leaving government. On Wednesday he’ll hand the reins to White House senior advisor John Podesta, though Kerry plans to stay involved in the global fight against climate change on a less formal level. “The reason that I’ve decided to transition from this job is not because we’re finished,” he told the Financial Times. “But as U.S. envoy, I’m presently responsible for the U.S. position, for what we’re doing here. If I’m out there as a citizen, I’m able to work with whoever I choose to work with in order to help accelerate this [transition away from fossil fuels].” Specifically, he plans to focus on securing more funding for the energy transition, having expressed frustration about paltry commitments from the U.S. toward climate funds.
Texas’ Smokehouse Creek fire continued to burn over the weekend, and attempts to bring it under control were hampered by warm temperatures and strong winds. It has so far burned more than 1 million acres and is the largest fire in the state’s history. Two people are known to have died in the blaze. On top of the threat to human life is the danger posed to the millions of cattle that graze in the Texas Panhandle. The fire has scorched grassland and left farmers without food or water for their herds.
A scorched utility pole in TexasScott Olson/Getty Images
According to Climate Central, a nonprofit that researches the effects of climate change, the record winter heat the Panhandle endured on the day the fire ignited was made at least three times more likely due to human-caused climate change. “The more climate changes, the more these risks grow: including the risk of winter heatwaves and wildfire,” said Katharine Hayhoe, chief scientist for the Nature Conservancy and professor at Texas Tech.
Chinese carmaker BYD released a new version of its best-selling EV today at a price that’s nearly 12% lower than the final sale price of its predecessor, according toReuters. In China, the new Yuan Plus crossover (known overseas as the Atto 3) will cost 119,800 yuan, or about $16,644. “That price puts the compact SUV at around the same price as [internal combustion engine] rivals including the Honda XR-V, the Buick Envision Plus, and the Volkswagen T-Cross,” Jennifer Mossalgue noted at Electrek. Last week Stella Li, CEO of BYD Americas, said the company wasn’t interested in entering the U.S. market, but major price cuts by the world’s biggest seller of EVs will ripple through the global market, and the Biden administration knows it: Last week President Biden announced an investigation into security threats posed by Chinese EVs, a sign that “the backlash to Chinese EVs has begun in earnest in the U.S.,” wrote Heatmap’s Robinson Meyer.
ESG is out. “Transition investing” is in. A new Wall Street Journalreport explains how BlackRock, the world’s largest asset manager, is carefully continuing a climate investing strategy while simultaneously attempting to sidestep ESG backlash. The company has stopped trying to change how companies behave, talking about social issues, or fussing over criteria for responsible investing. Instead it’s betting on clean-energy infrastructure projects that will speed the transition away from fossil fuels, a strategy it calls “transition investing.” ESG was too vague, sources said, and failed to outpace the market or prove good for the planet. Meanwhile, private renewable-energy and broad energy-sector investment funds have raised nearly $500 billion over the last five years “and dwarfed the amount raised for traditional fossil-fuel funds,” the Journal reported. “The mega infrastructure projects are the new ESG,” said Peter McKillop, a former spokesman at BlackRock. “Energy-transition infrastructure — Wall Street loves this because it’s real.”
A satellite that will monitor methane leaks from space is set to hitch a ride on a SpaceX Falcon 9 rocket launching from California’s Vandenberg Space Force Base this afternoon. MethaneSAT was developed by the nonprofit Environmental Defense Fund (EDF) to detect methane, a potent greenhouse gas that is released in large quantities from power plants and factories. The washing-machine-sized craft will orbit Earth 15 times each day and observe 80% to 90% of global oil and gas infrastructure using a high-resolution infrared sensor. It can see how much methane is leaking, where it’s coming from, and whether a leak is getting better (or worse) over time. The team will analyze the data using cloud computing and Google-developed AI technology, and then release the findings to the public, with the hopes of fostering greater accountability from the offenders. But, “there’s no guarantee that this information leads to a change in behavior,” Drew Shindell, an earth-science professor at Duke University, toldThe New York Times. You can watch the launch here.
Not a single traffic death incident has been reported in Hoboken, New Jersey, since 2017, which is roughly when the city began removing parking spaces near intersections.
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If you want to donate to fight climate change, what’s the best way to spend your money?
For the past five years, Giving Green has been trying to find out. Each year, the nonprofit recommends a set of nonprofits that are trying to solve the climate problem effectively and efficiently, and get the world closer to decarbonization.
Giving Green, in other words, is somewhat like the climate-specific version of Givewell, an uber-utilitarian group that identifies which global charities maximize the number of lives saved per dollar spent. But it’s much more difficult— or at least much less clear — to identify which nonprofits might best fight climate change than it is which nonprofits might save the most lives through targeted interventions.
Climate change is a globe-spanning sociotechnical problem, a political quandary baked into humanity’s largest-scale engineering systems. Even when a government or technology has seemingly pushed the world forward, it can be unclear why the improvement happened, or whether, in the long run, it will make a meaningful difference. The Paris Agreement, after all, has been around for nearly a decade, the European Union’s cap-and-trade scheme for nearly two. Yet academics, experts, and politicians can (and do) disagree about whether either policy has ultimately helped — and even why they happened in the first place.
To resolve this problem, Giving Green reviews the historical record to identify philanthropic strategies that seem like they have a good shot of leading to emissions reductions. This year, it has focused on eight, including next-generation geothermal, decarbonizing aviation and marine shipping, advancing nuclear energy, and speeding the energy transition in low- and middle-income countries. Then it looks for groups that are working on those problems in time-proven ways. This year, it also started a grant fund so that it could support some of these groups itself.
I spoke with Daniel Stein, Giving Green’s director, earlier this week. Our interview has been edited and condensed for readability.
What is Giving Green’s goal with these recommendations?
The main goal — the problem we are trying to solve — is that we believe that there are lots of people who want to do something about climate, and there’s a lot of money that’s paralyzed by indecision and sits on the sidelines. So we provide a comprehensively researched guide with a systematic approach to try and determine where the high leverage points are in climate philanthropy — and by high-leverage, I’m thinking most greenhouse gas reductions per dollar.
We focus in on what we call philanthropic strategies, specific things that people could be doing. Then we find organizations working on those strategies that are doing a great job and promote them.
Can you tell me about a few of the organizations that you have chosen?
We have some that we’ve recommended for a few years, such as Clean Air Task Force. Last year, one of our big pushes was geothermal energy, and so we’ve recommended Project Innerspace, who are a big advocate for geothermal and work a lot with both private industry and the government.
Another big area of focus for us over the past few years has been heavy industry. The case for philanthropic support for heavy industry is really, really clear. Depending on what estimate you use, heavy industry accounts for roughly a quarter of carbon emissions, but something like less than 5% of philanthropic spending. There’s very little policy teeth almost anywhere in the world on industry, and basically nothing in the U.S., but there are pathways to solving it. We kind of know how to make green steel and green aluminum, and at least have ideas on concrete and plastic. There’s a lot nonprofits can do to pave the way forward in terms of: What does policy look like? How do we get from where we are today — where we kind of know the technology but no one’s using it — to a place where there’s actually supply and demand in the future? So our top recommendations for that is an organization called Industrious Labs in the U.S. and an organization called Future Cleantech Architects in Europe.
Over the past five years, I feel like I’ve seen your mission evolve and your strategies evolve. At the beginning, you recommended giving to a mix of high-end research and policy-development groups, and then also to more grassroots, movement-type groups. But over time, your set of recommendations have become much more focused on groups that are like CATF, that are providing nonpartisan, highly expert information and analysis.
I think that’s right, but it is not necessarily that we have just changed our mind on what works. I think different moments in time call for different approaches. And in those heady years leading up to the Inflation Reduction Act — where there was hope for a Democratic trifecta, and then it happened — there was a major opportunity for a left-driven, all-of-government push on climate. That was what we thought these grassroots groups were in a good position to push forward.
I think when you look back, you see groups like Sunrise having a really powerful influence. Obviously people disagree on what forces got the IRA to happen. But I really do think that you can draw a direct line from this progressive advocacy to the Democrats believing that they had to do something about climate to please their base.
But our view is that that moment has passed. Especially post-IRA, this opportunity for a more progressive-led legislative process has ended. Even if the Democrats were still in control, I think you weren’t going to get big bills like the IRA. We moved to a point where we need to focus on the wonky details of implementing these bills and then passing more technical, focused policy in the future. Our view is that in the U.S., the big opportunities have shifted to what we would call the “insider” groups. But I think that could change again, and it could change based on geography.
Are there any big climate strategies nobody is working on right now — where you identified a place where money could be spent, but you couldn’t find a nonprofit focused on it?
One of our high-level strategies is solar radiation management. That was something that was new for us this year. And within that, we would look at very specific substrategies. Should we be funding research? Should we be funding governance? And within those little sub-elements, we occasionally found stuff where we were like, wow, we really wish there was a group working on this, but we didn’t find anything.
But one of the nice things about having a [grant-making] fund this year, for the first time ever, is that we could help get things started that didn’t exist before. We’re super excited about industry, and so much industry is happening in developing countries. But when you ask, Who is focused on reducing steel emissions in Indonesia?, there were very few organizations. We made a grant to an organization called Climate Catalyst — they were already working on steel in India, and we helped them expand into emissions reduction in Indonesia.
I think some people might see your list and go, Wow, these are a bunch of high-end research and elite advocacy organizations, but what’s actually going to solve the climate crisis is local organizing.How would you reply to that?
I think that’s a reasonable point. We are open to all of these things, and we have considered them, and I think there is a time and place for grassroots approaches and activism. But looking at the historical research and our own research, I believe that the approaches that work on this are ones where the activism is tied to clear policy demands — that are good policies, that can have big, systematic decreases in emissions and seem to have some sort of feasible pathway to success.
What I’ve seen in a lot of grassroots movements in recent years are things like throwing soup at paintings, or blocking streets, which have not had this direct policy connection, and we are pretty skeptical of those approaches. But if grassroots approaches came on our radar that have a super viable theory of change to altering policy, we are very open.
This is the fifth year you’ve put out recommendations like this, right? What have you learned or changed your mind about during that time?
One of the things that’s really crystallized in our mind is that we really think the big levers are in systems. And that can mean a lot of things, but to us, it really means three things — it means policy, technology, and markets.
To solve the climate crisis, you need to change the rules of the game, such that everyday actors — people making decisions, businesses — everybody changes their behavior because some technology got cheaper, or some policy changed. We really use that to focus ourselves to think about, What are the big changes that need to happen, and how do we work backward to the actions that get us there?
So I think that might be why you see some of these more insider, techno-analysis-driven approaches. Because when you step back and you think, alright, we need this market to change in this way, or we need this technology to develop that doesn’t currently exist, and you think about how you get there, a lot of times you need advocacy to change policy, and you need research to make that policy change possible.
This year, Giving Green has recommended six top groups fighting climate change. They are:
On conditional loans, China’s emissions, and primary care clinics
Current conditions: Storm Conall brought more heavy rain and flooding to sodden England • Flash floods killed at least 20 people on Indonesia’s Sumatra island • The northern Plains will be hit with an “arctic outbreak” on Thanksgiving day.
The Department of Energy yesterday agreed to loan Rivian $6.6 billion to resume construction on its factory in Georgia, where the company will produce the upcoming R2 and R3 electric pickups. The loan is conditional, meaning it hasn’t been finalized just yet. “If finalized, the loan will support construction of a 9 million square foot facility to manufacture up to 400,000 mass-market electric sport utility vehicles and crossover vehicles,” the DOE said in a statement. “At full capacity, the EVs manufactured at the facility are expected to yield an annual fuel consumption savings of approximately 146 million gallons of petroleum.” Whether the loan will be completed before the incoming Trump administration takes over – or whether Trump would try to axe the loan – remains to be seen. The Biden administration set a goal for zero-emission vehicles to make up half of new U.S. car sales by 2030.
China’s CO2 emissions will rise slightly this year due to a surge in energy demand, according to new research published today from the Centre for Research on Energy and Clean Air. “The growth in energy consumption and electricity consumption is faster than in the transition pathways,” the report said. Even as China rapidly rolls out renewables and EVs, emissions will rise by 0.4% in 2024. Less than half – 44% – of the experts polled by CREA said China’s emissions have already peaked, or will peak next year. Two years ago, just 15% of experts believed that to be the case. And 36% of experts said China’s coal consumption has peaked, up from 20% who said that last year. China is the world’s biggest emitter of greenhouse gases, and coal is its main source of emissions.
Porsche this week joined a growing list of car manufacturers that are pumping the brakes on the shift to EVs. Instead of rolling out new EV models to accompany the luxury Taycan and Macan, Porsche now plans to produce new gas and hybrid models instead as it feels the effects of a slowdown in EV sales. “We are currently looking at the possibility of the originally planned all-electric vehicles having a hybrid drive or a combustion engine,” the company’s CFO said. “What is clear is that we are sticking with the combustion engine for much longer.” Earlier this year Porsche watered down its goal for 80% of sales to be electric by 2030.
Maine is suing oil giants Exxon, Shell, BP, Chevron, Sunoco, and the American Petroleum Institute, accusing them of knowingly deceiving the public about the role of fossil fuels in the climate crisis. It becomes the ninth state to do so. The new lawsuit claims the oil companies have long known that fossil fuels cause climate change, and that the resulting rising sea levels are especially harmful in Maine because so many of the state’s communities and industries are located near the coastline. The state wants unspecified damages from the companies as well as funds for adaptation and mitigation.
A recent study published in the journal BMC Primary Care examines how climate change is affecting primary care clinics serving “low-income and socially disadvantaged communities.” Surveys were sent to more than 400 staff members at clinics across 43 states. Nearly 85% of the staffers who responded reported that climate change – and especially extreme heat – is affecting their patients’ health. Many said extreme weather events were harming their clinic’s ability to provide care due to effects like power outages and staff shortages. About 16% of respondents said extreme weather contributed to loss or spoilage of vaccines. But just one-third of respondents said they’d spoken to patients about the increasing health risks associated with climate change, saying they had more important topics to discuss in the limited amount of time available during consultations. And 61% cited their own lack of knowledge about the connection between climate change and health. Interestingly, just 34% said politics or polarization were stopping them from bringing up climate change when discussing health risks.
BMC Primary Care
Renewables accounted for 24% of electricity generation in the first three quarters of 2024, up from 22.8% in the same period last year.
Rob talks Ford and GM with BloombergNEF’s Corey Cantor. Plus, Rob and Jesse dig into the Trump transition.
It’s been a news-filled few weeks — so it’s time for a roundup. On this week’s episode of Shift Key, Rob and Jesse talk about what Trump’s cabinet selections might mean for his climate policy and whether permitting reform could still happen. Then Rob chats with Corey Cantor, senior EV analyst at BloombergNEF, about promising Q3 sales for U.S. automakers, General Motors’ turnaround, and how much the Trump administration might dent America’s EV uptake.
Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.
Subscribe to “Shift Key” and find this episode on Apple Podcasts, Spotify, Amazon, or wherever you get your podcasts.
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Here is an excerpt from our conversation:
Robinson Meyer: How are you thinking about Ford and GM right now? Because they have basically totally reversed their position since the first time we started talking.
Corey Cantor: I hope I’m not too corny today, but I was thinking Missy Elliott — another New Jerseyan — “flip it and reverse it,” in terms of how people feel about Ford and GM. I think GM’s approach … don’t forget this is their second platform at the rodeo here, meaning GM had the Bolt and the Chevy Volt before it, and a good amount of experience with EVs. And really, what they were trying to do with Ultium was to build a battery and EV platform that could work with a variety of different vehicles.
And so the struggle, as we’ve outlined before, and many publications have outlined was they just couldn’t get the battery production working. They had issues with automation. They had issues with ensuring that they were setting up the necessary suppliers. And I’d say, about maybe nine months ago or so, a favorite EV journalist of mine, John Voelcker wrote in, I believe, InsideEVs, around this idea that GM had finally cracked Ultium and were finally kind of … He had got the head of Ultium at the time on record saying that they had resolved a lot of the issues, and really, you’ve seen it in the sales volume, as well as the fact that EVs like the Cadillac Lyric continue to sell pretty consistently.
Then GM ran into a software issue with the Blazer, and fixed that software issue, and that had slowed things down. And then since, really, June of this year has been off to the races. And so we’ll see how the fourth quarter goes, right? I think you don’t want to get too high on any kind of automaker, but GM is clearly in a better spot because they’re approaching making a profit on each of the EVs sold.
Now, I’ll caveat that with, we don’t know if the EV tax credit itself, you know, at the federal level, plays a role in the fact that they’ll be gross margin profitable, but that is a pretty big turning point. Because at that point, you’re no longer losing money on those EVs, and so you are kind of geared to go more high-volume. Where if you look at Ford, Ford has been losing thousands of dollars on every electric vehicle, really had not been building a platform for the current sales of the Mach-E and the F-150 Lightning, hoping to kind of just price them where they’d be losing little enough on each that they can make their bridge to that next platform.
And then earlier this fall, Ford basically announced pushing back those EV models to 2027, along with the new platform. So Ford kind of runs into the issue that we discussed on the previous conversation with Tesla, in that they’re going to have only really two EVs in the U.S. market for the next couple of years. So GM will have the Bolt back next year and some other Cadillacs. There’s a lot of exciting things on the way for GM.
This episode of Shift Key is sponsored by …
Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.
As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.
Intersolar & Energy Storage North America is the premier U.S.-based conference and trade show focused on solar, energy storage, and EV charging infrastructure. To learn more, visit intersolar.us.
Music for Shift Key is by Adam Kromelow.