ClimateWire News
The $5.02 ghost: Trump’s team faces a symbolic blow to one of its favorite economic talking points
Trump officials are “absolutely, totally freaked” about the political symbolism of breaking Biden’s high gas price record.
Oil industry allies swarm Supreme Court to shield companies from climate suits
More than two dozen groups urged the justices to stop states, cities and counties from suing to force fossil fuel producers to pay for climate change.
Musk’s space dreams ride on Starship
The SpaceX rocket is key to the billionaire's aspirations to commercialize the solar system by establishing orbiting data centers and other space industries.
Property insurance rates are leveling after huge growth, report says
Premiums continue to increase but at a lower rate than in recent years, AM Best says. Insurers are more selective about coverage.
Florida Cat Fund in ‘strong position’ before hurricane season
The Florida Hurricane Catastrophe Fund, which offers insurance companies reinsurance at prices generally lower than those in the private market, is legally obligated to provide up to $17 billion in coverage.
A mantra emerges for this year’s climate COP: Electrify the world
Fears over the volatility of oil and gas supply is invigorating a global push to switch to clean electricity.
Rich countries meet climate aid goal but face pressure to step up funding
The pledge to provide $100 billion to poorer countries was reached three years in a row.
Top climate target verifier adopts more flexible global approach
The Science Based Targets initiative is now revising its standards to better serve companies seeking to cut their carbon footprint against a backdrop of waning enthusiasm for climate action.
Bank activist group shuts down, cites limits of climate push
Investors for Paris Compliance, also known as I4PC, said it believed “investor accountability has reached its limits.”
UN climate resolution passes despite US opposition
The nonbinding measure expresses support for an international court ruling that pressures countries to reduce carbon emissions. It was also an act of defiance against the U.S. and other oil producers.
Youth seek to block EPA repeal of climate endangerment finding
Leaving the repeal in place while litigation plays out would mean almost an additional gigaton of carbon dioxide emissions, the youth argue.
Dutch Supreme Court to decide Shell’s duty to slash emissions
The appeal stems from a landmark 2021 ruling that was the first to require a private company to scale back its climate impact.
Big Law continues to fail on climate work, students say
Law students did, however, award the first-ever A+ to a firm ranked on their annual scorecard.
North Carolina bill sets up repeal of 2050 climate goal
The wide-ranging measure that could come before legislators this week would also prevent utilities from retiring coal-fired power plants until nuclear facilities can replace them.
Temperature records fall, schools close as heat bakes eastern US
Daily high temperature records were broken this week in Portland, Maine, at 92 degrees Fahrenheit and Boston, at 96 degrees.
EU lawmakers push to scrap Microsoft-backed energy secrecy rule for data centers
The fight comes as AI demand puts increased strain on grids across the bloc.
McDonald’s won’t meet some emissions goals, citing energy crunch
The burger chain still wants to achieve net-zero emissions by 2050.
EU carbon market reform push gets traction with Polish lawmakers
The European People’s Party wants assurances that funds from the Emissions Trading System will continue to help finance the clean technology transition for poorer member states.
In India’s scorched heart, high power costs put cooling out of reach
In Nagpur, one of the hottest cities in the world, the battle with sweltering temperatures is seen everywhere.
GOP lawmakers question federal oversight of sunlight-blocking tech
House Science Chair Brian Babin wants to ensure "rigorous oversight" is applied to companies that seek to alter the atmosphere.
