ClimateWire News
California greenhouse gas prices continue their decline
Prices for carbon allowances are trading at $12.49 less per ton than at this time last year.
Rail coalition jumps into California’s cap-and-trade debate
The U.S. High Speed Rail Coalition said its first target is supporting a cap-and-trade extension for the state’s high-speed rail project.
Big EU countries push expanded carbon border tax to help repay Covid debt
France, Italy and Poland support the move, but others fear it might prompt President Donald Trump to retaliate in anger.
China must cut 15% of steel capacity to meet 2025 climate goals
According to a report, in order for the country to get back on track, its annual blast furnace capacity has to shrink by at least 200 million tons from its 2020 base.
Computer simulations show nightmare Atlantic current shutdown less likely this century
A possible climate-change-triggered shutdown of what's called the Atlantic Meridional Overturning Circulation could play havoc with global rain patterns, dramatically cool Europe while warming the rest of the world and goose sea levels on America's East Coast, scientists predict.
FEMA memo: Replace ‘noncitizen’ with ‘alien,’ remove ‘climate’ from documents
The disaster agency is scrubbing dozens of words targeted by President Donald Trump, prompting complaints of discrimination.
Social cost of carbon — axed by Trump — shapes Calif. climate program
The state's cap-and-trade program is under scrutiny for how much it charges businesses for releasing pollution.
Grid monitor, advocates pitch renewables as key to power reliability
As Republicans eye cuts to tax credits, the clean energy industry argues that wind and solar can be built faster than natural gas and nuclear projects.
Trump’s pick for top science adviser defends widespread layoffs
Michael Kratsios testified Tuesday before the Senate Commerce, Science and Transportation Committee.
‘He’s swinging for DEI but hitting public safety’: Western states scramble on wildfires amid Trump cuts
The administration’s moves to slash Forest Service personnel and pause wildfire-related grants have left states to pick up the pieces on prevention and mitigation.
European Commission pushes EU’s 2040 climate target law into spring
The 2040 target “will be presented soon,” said a European Commission spokesperson.
Europe’s impossible choice: Which industries should survive the green transition?
One German aluminum factory decided to go green and close its smelter. The EU faces a similar choice, with Europe’s future at stake.
Talks to protect Earth’s biodiversity resume with money topping agenda
The discussion in Rome will focus on how to spend what’s been pledged so far and how to raise a lot more to help preserve plant and animal life on Earth.
$4T municipal bond market wakes up to climate risk. (With help from Trump.)
The bonds are considered a safe investment. The Los Angeles wildfires sparked concern that climate change is making them risky.
Pentagon communications job goes to podcaster who spreads conspiracy theories
Graham Allen has called climate change an “attempt of the left to spin FEAR.” He also says Taylor Swift is a witch who attracted fans through “some kind of satanic music.”
Airline-backed fund invests in high-flying direct air capture startup
The fund shows the aviation industry's interest in technology that uses fans, carbon-absorbing materials, heat and electricity to scrub CO2 from the skies.
Climate grant recipient to start spending $2B as Trump’s EPA tries to claw it back
“We have an obligation to fulfill” the grant agreement, Power Forward Communities CEO Tim Mayopoulos said in an interview with POLITICO.
Senate Democrats ask EPA to justify Citibank account freeze
EPA has been silent about the frozen funds. Nonprofit grant recipients say the agency and bank have been mum about what's happening.
Top execs leave oppo firm that targeted climate litigants
The former Argus Insight leaders have taken key roles at the Republican National Committee and the White House.
US deregulation drive is ‘dangerous,’ French central bank chief warns
The push by the Trump administration creates a “big risk” for financial stability, said Bank of France Gov. Francois Villeroy de Galhau.