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The rain may be over (for now), but the flood risk has yet to peak.
A surface cyclone dumped rain on the Northeast overnight, leaving millions of people under flood warnings. Streets were submerged in cities including Annapolis and Baltimore, Maryland; and Alexandria, Virginia. Washington, D.C. broke its daily rain record early Tuesday evening. The storm is also blasting states with strong wind gusts, and at least 15 tornadoes were reported in the South. More than 600,000 homes remain without power, most of those on the East Coast.
The rain is tapering off, but the worst may be yet to come. As National Weather Service meteorologist Patrick Wilson told The New York Times: “The worst time for flooding is right after the rain stops.” It takes time for the water dumped by a storm to travel down from mountains and make its way into smaller streams and rivers, Wilson said. But when it does, those waterways can flood.
We have flood-closed roads throughout the Commonwealth today. Remember: Turn around. Don't Drown. Virginia's 511 app is an excellent resource. Quickly find out about things like flooded roads BEFORE you travel. pic.twitter.com/9AZ0hbTJ2a
— VDOT Lynchburg (@VaDOTLynchburg) January 10, 2024
The National Weather Service says moderate to major river flooding could inundate parts of the Mid-Atlantic and Northeast through Thursday. High water levels combined with wind gusts that could exceed 60 mph increase the chances of coastal flooding.
To make matters worse, there’s another storm on the way. The National Weather Service issued a blizzard warning for the Cascade and Olympic mountains, the first such warning in over a decade. That 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.
“Much below normal temperatures along with gusty winds will lead to wind chills well below zero for many locations,” the NWS Weather Prediction Center tweeted. The cold snap will linger into next week, and more than 80% of the country could see below-freezing temperatures by Tuesday, Axios reported.
Isn’t climate change making winters warmer? Yes, the trend over time is for warmer winter temperatures with less snowfall. But “‘less cold’ does not mean ‘never cold,’” explains the Climate Reality Project. And when winter storms do hit, they’re likely to be more intense as global temperatures rise.
As Dr. Jennifer Francis, a senior scientist with the Woodwell Climate Research Center, explained to the Union of Concerned Scientists last year, 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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The administration is doubling down on an April 20 end date for the traffic control program.
Congestion pricing has only been in effect in New York City for three months, but its rollout has been nearly as turbulent as the 18-year battle to implement it in the first place.
Trump’s Department of Transportation escalated its threat this week to retaliate against New York if the state’s Metropolitan Transit Authority, or MTA, does not shut down the tolling program by April 20.
The federal agency reposted a CBS New York story on social media that purported it had agreed to allow congestion pricing to remain in place through October, calling the story “a complete lie.”
“Make no mistake — the Trump Administration and USDOT will not hesitate to use every tool at our disposal in response to non-compliance later this month,” the agency said in the post.
The post did not say what those tools might be, but a previous post from Transportation Secretary Sean Duffy on March 20 made a veiled threat to withhold funding from the state if it did not shut down the tolling program. “The billions of dollars the federal government sends to New York are not a blank check,” he said.
Duffy notified the MTA on February 19 that he was rescinding federal approval of its congestion pricing program, which charges a $9 fee for drivers who enter New York City’s central business district. The toll had only just gone into effect in early January, but there was already evidence that it was reducing traffic. The MTA immediately filed a lawsuit in the U.S. District Court for the Southern District of New York challenging Duffy’s actions.
The CBS New York story reported on a joint letter that the MTA and USDOT submitted to the presiding judge mapping out a timeline for the case to proceed. The MTA agreed to file an amended complaint by April 18, and the DOT agreed to respond to it by May 27. Following that, the timeline allows for the back-and-forth over evidence leading up to a ruling to potentially stretch until late October. Both parties called for the judge to reach a decision based on written arguments, without a formal trial.
Despite agreeing to this timeline for the case — the whole point of which is to determine the legality of DOT’s order to terminate congestion pricing — the DOT maintains that New York City must stop charging drivers by April 20.
The MTA refuses to do so. “Congestion pricing is in effect,” Regina Kaplan, the attorney for the MTA, said during a pretrial conference call on Wednesday. “We believe it's working, and as we stated in our complaints, we don't intend to turn it off unless there's an order from your honor that we need to do so.”
In response, Dominika Tarczynska, from the U.S. attorney’s office, told the judge that Duffy is “still evaluating what DOT’s options are if New York City does not comply, and there has been no final decision as to, what, if anything will occur on April 20.”
There were a lot of tariff losers, but only one tariff winner.
The U.S. stock market has taken its worst hit this week since March 2020, with the S&P 500 falling over 10% in just two days, while the tech-heavy Nasdaq is down 22% from its all-time high in December. The tremendous decline in stock values is a reflection of Donald Trump’s chaotic attempt at reordering the global economy, wrenching America’s average effective tariff rate to the highest level since 1909 — four years before the establishment of the federal income tax.
The clean energy economy has not been spared, although the effect has hardly been uniform. Some of the highest flying companies of 2024 and early this year — think Tesla or anyone selling power to a data center — have been some of the hardest hit, while some companies closer to the residential solar market have held their own.
Here’s a look at how some of these companies have performed over the past two days:
President Donald Trump has exempted some — but certainly not all — of the critical minerals necessary for the energy transition from the sweeping tariffs he announced Wednesday. Minerals such as lithium, nickel, cobalt, manganese, and copper are key components of clean energy infrastructure such as lithium-ion batteries, which are used in electric vehicles or stationary storage, and copper wires, which conduct electricity in solar panels and wind turbines.
The White House has published a complete list of hundreds of products that are exempt from tariffs. We combed through the list looking for key transition minerals. Here are the ones that caught our eye, plus some that were notably left off. If you see anything on the list you think we missed, my inbox is open.