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Sparks

Coral Bleaching Is a $9 Trillion Problem

A new report forecasts a future where reefs go over a “tipping point.”

A coral reef in color and black and white.
Heatmap illustration/Getty Images

Coral reefs are a thing of wonder, both organism and underwater infrastructure that houses thousands of species of fish. They are also, as you might already know, in grave danger. Climate change is contributing to massive waves of coral bleaching around the world, from the Great Barrier Reef to the ocean off of Florida, where an extreme oceanic heat wave this year turned mile after mile of reef a ghostly white.

We’ve known about coral bleaching for years, but a new report out Wednesday draws fresh attention to corals’ plight, including reefs — along with ice sheets, rainforests, and ocean currents, among others — on a list of imminent climate “tipping points.” And if they go over the brink, the consequences could reach far beyond the ocean floor.

According to the report, about a billion people, or 13% of the world’s population, are estimated to live within 100 kilometers of a coral reef. Together, those reefs provide $9.9 trillion of economic value each year. Reefs are sources of both nutrition and income; in Australia, the Great Barrier Reef is estimated to create 68,000 jobs and 5.7 billion Australian dollars of revenue each year, mostly from tourism. This means the risk to coral is a risk to humans, as well.

There’s still a lot we don’t know — “There are numerous pathways by which coral reef degradation may cascade into social and economic tipping points,” the authors write — starting with how exactly coral loss affects fish. Some studies have found that species like butterfly fish and parrot fish were negatively affected when their local coral bleached; other studies have shown fish communities getting on just fine.

But those bleaching events were limited. The authors of the “Global Tipping Points” report — led by Tim Lenton at the University of Exeter’s Global Systems Institute, in collaboration with a couple hundred researchers from around the world and received funding from the Bezos Earth Fund — suggest that coral could soon suffer something catastrophic and nearly irreversible on a worldwide scale.

“Documented impacts of coral cover declines include a loss of fish species, reductions in overall fish biomass and productivity, and potential destabilization of the food web,” the authors write. “If reefs are forced by climate change into low-productivity states, and if these states in turn force fish communities across a tipping point into a less diverse and less productive state, many coastal human communities will be forced to modify their lifestyles in significant ways.”

It’s yet another example of the sort of compounding disaster that climate change tends to bring, and a reminder of the interconnectedness of the ecosystems we live in and rely on, even if we can’t always see them. As Benji Jones writes in Vox, scientists are doing their best to find ways to save coral reefs; soon, however, their jobs could turn entirely to resurrection.

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Sparks

These 21 House Republicans Want to Preserve Energy Tax Credits

For those keeping score, that’s three more than wanted to preserve them last year.

The Capitol.
Heatmap Illustration/Getty Images

Those who drew hope from the letter 18 House Republicans sent to Speaker Mike Johnson last August calling for the preservation of energy tax credits under the Inflation Reduction Act must be jubilant this morning. On Sunday, 21 House Republicans sent a similar letter to House Ways and Means Chairman Jason Smith. Those with sharp eyes will have noticed: That’s three more people than signed the letter last time, indicating that this is a coalition with teeth.

As Heatmap reported in the aftermath of November’s election, four of the original signatories were out of a job as of January, meaning that the new letter features a total of seven new recruits. So who are they?

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Sparks

The Country’s Largest Power Markets Are Getting More Gas

Three companies are joining forces to add at least a gigawatt of new generation by 2029. The question is whether they can actually do it.

Natural gas pipelines.
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Two of the biggest electricity markets in the country — the 13-state PJM Interconnection, which spans the Mid-Atlantic and the Midwest, and ERCOT, which covers nearly all of Texas — want more natural gas. Both are projecting immense increases in electricity demand thanks to data centers and electrification. And both have had bouts of market weirdness and dysfunction, with ERCOT experiencing spiky prices and even blackouts during extreme weather and PJM making enormous payouts largely to gas and coal operators to lock in their “capacity,” i.e. their ability to provide power when most needed.

Now a trio of companies, including the independent power producer NRG, the turbine manufacturer GE Vernova, and a subsidiary of the construction firm Kiewit Corporation, are teaming up with a plan to bring gas-powered plants to PJM and ERCOT, the companies announced today.

The three companies said that the new joint venture “will work to advance four projects totaling over 5 gigawatts” of natural gas combined cycle plants to the two power markets, with over a gigawatt coming by 2029. The companies said that they could eventually build 10 to 15 gigawatts “and expand to other areas across the U.S.”

So far, PJM and Texas’ call for new gas has been more widely heard than answered. The power producer Calpine said last year that it would look into developing more gas in PJM, but actual investment announcements have been scarce, although at least one gas plant scheduled to close has said it would stay open.

So far, across the country, planned new additions to the grid are still overwhelmingly solar and battery storage, according to the Energy Information Administration, whose data shows some 63 gigawatts of planned capacity scheduled to be added this year, with more than half being solar and over 80% being storage.

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Sparks

An Emergency Trump-Coded Appeal to Save the Hydrogen Tax Credit

Featuring China, fossil fuels, and data centers.

The Capitol.
Heatmap Illustration/Getty Images

As Republicans in Congress go hunting for ways to slash spending to carry out President Trump’s agenda, more than 100 energy businesses, trade groups, and advocacy organizations sent a letter to key House and Senate leaders on Tuesday requesting that one particular line item be spared: the hydrogen tax credit.

The tax credit “will serve as a catalyst to propel the United States to global energy dominance,” the letter argues, “while advancing American competitiveness in energy technologies that our adversaries are actively pursuing.” The Fuel Cell and Hydrogen Energy Association organized the letter, which features signatures from the American Petroleum Institute, the U.S. Chamber of Commerce, the Clean Energy Buyers Association, and numerous hydrogen, industrial gas, and chemical companies, among many others. Three out of the seven regional clean hydrogen hubs — the Mid-Atlantic, Heartland, and Pacific Northwest hubs — are also listed.

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