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National Academies launches ‘fast-track’ climate review ahead of EPA rulemaking

ClimateWire News - Fri, 08/08/2025 - 6:14am
The review is intended to "inform" EPA's effort to revoke the 2009 endangerment finding.

Wyoming braces for budget hit from Trump’s coal royalty cut

ClimateWire News - Fri, 08/08/2025 - 6:12am
The president’s signature legislation slashes nearly in half the royalty rates for new and existing coal leases.

Carbon market fraud charges filed against company selling allowances

ClimateWire News - Fri, 08/08/2025 - 6:11am
An Arizona corporation said it had 3.3 million pollution allowances through Washington state's carbon market and tried to dupe investors.

Amtrak settles freight interference case against Union Pacific

ClimateWire News - Fri, 08/08/2025 - 6:10am
The agreement comes as Union Pacific seeks federal approval for its merger with Norfolk Southern railroad.

Global warming worsened Pakistan’s monsoon floods, study finds

ClimateWire News - Fri, 08/08/2025 - 6:10am
The World Weather Attribution study found rainfall from June 24 to July 23 in the South Asian nation was 10 to 15 percent heavier because of climate change,

Great Barrier Reef records largest annual coral loss in 39 years

ClimateWire News - Fri, 08/08/2025 - 6:09am
Living coral cover shrunk by almost a third in the south in a year, a quarter in the north and by 14 percent in the central region, a report said.

UBS quits net-zero banking club after Wall Street and UK exits

ClimateWire News - Fri, 08/08/2025 - 6:08am
UBS’s departure comes shortly after similar moves from Barclays and HSBC Holdings.

Transition risk in the banking sector

Nature Climate Change - Fri, 08/08/2025 - 12:00am

Nature Climate Change, Published online: 08 August 2025; doi:10.1038/s41558-025-02400-3

Estimating transition risk is important for the banking sector, yet current practices still rely on conceptual scenarios. Now, a study provides a concrete approach to help regulators calculate the immediate risk that banks face from exposure to climate policy shocks.

MIT documentary “That Creative Spark” wins New England Emmy Award

MIT Latest News - Thu, 08/07/2025 - 4:35pm

Enter the basement in one of MIT’s iconic buildings and you’ll find students hammering on anvils and forging red-hot metal into blades. This hands-on lesson in metallurgy is captured in the documentary “That Creative Spark,” which won an Emmy Award for the Education/Schools category at the 48th annual Boston/New England Emmy Awards Ceremony held in Boston in June.

“It’s wonderful to be recognized for the work that we do,” says Clayton Hainsworth, director of MIT Video Productions at MIT Open Learning. “We’re lucky to have incredible people who have decided to bring their outstanding talents here in order to tell MIT’s stories.”

The National Academy of Television Arts and Sciences Boston/New England Chapter recently honored Hainsworth, the documentary’s executive producer; Joe McMaster, director/producer; and Wesley Richardson, cinematographer.

“That Creative Spark” spotlights a series of 2024 Independent Activities Period (IAP) classes about bladesmithing, guest-taught by Bob Kramer, a world-renowned maker of hand-forged knives. In just one week, students learned how to grind, forge, and temper blocks of steel into knives sharp enough to slice through a sheet of paper without resistance.

“It’s an incredibly physical task of making something out of metal,” says McMaster, senior producer for MIT Video Productions. He says this tangible example of hands-on learning “epitomized the MIT motto of ‘mens et manus’ [‘mind and hand’].”

The IAP Bladesmithing with Bob Kramer course allowed students to see concepts and techniques like conductivity and pattern welding in action. Abhi Ratna Sharda, a PhD student at the Department of Materials Science and Engineering (DMSE), still recalls the feeling of metal changing as he worked on it.

“Those are things that you can be informed about through readings and textbooks, but the actual experience of doing them leaves an intuition you’re not quick to forget,” Sharda says.

Filming in the forge — the Merton C. Flemings Materials Processing Laboratory — is not an experience the MIT Video Productions team will be quick to forget, either. Richardson, field production videographer at MIT Video Productions, held the camera just six feet away from red-hot blades being dipped into tubs of oil, creating minor fireballs and plumes of smoke.

“It’s intriguing to see the dexterity that the students have around working with their hands with very dangerous objects in close proximity to each other,” says Richardson. “Students were able to get down to these really precise knives at the end of the class.”

Some people may be surprised to learn that MIT has a working forge, but metalworking is a long tradition at the Institute. In the documentary, Yet-Ming Chiang, Kyocera Professor of Ceramics at DMSE, points out a clue hidden in plain sight: “If you look at the MIT logo, there’s a blacksmith, and ‘mens et manus’ — ‘mind and hand,’” says Chiang, referring to the Institute’s official seal, adopted in 1894. “So the teaching and the practice of working with metals has been an important part of our department for a long time.”

Chiang invited Kramer to be a guest instructor and lecturer for two reasons: Kramer is an industry expert, and he achieved success through hands-on learning — an integral part of an MIT education. After dropping out of college and joining the circus, Kramer later gained practical experience in service-industry kitchens and eventually became one of just 120 Master Bladesmiths in the United States today.

“This nontraditional journey of Bob’s inspires students to think about projects and problems in different ways,” Hainsworth says.

Sharda, for example, is applying the pattern welding process he learned from Kramer in both his PhD program and his recreational jewelry making. The effect creates striking visuals — from starbursts to swirls looking like agate geodes, and more — that extend all the way through the steel, not just the surface of the blade.

“A lot of my research has to do with bonding metals and bonding dissimilar metals, which is the foundation for pattern welding,” Sharda says, adding how this technique has many potential industrial applications. He compares it to the mokume-gane technique used with precious metals, a practice he encountered while researching solid-state welding methods.

“Seeing that executed in a space where it’s very difficult to achieve that level of precision — it inspired me to polish all the tightest nooks and crannies of the pieces I make, and make sure everything is as flawless as possible,” Sharda adds.

In the documentary, Kramer reflects on his month of teaching experience: “When you give someone the opportunity and guide them to actually make something with their hands, there’s very few things that are as satisfying as that.”

In addition to highlighting MIT’s hands-on approach to teaching, “That Creative Spark” showcases the depth of its unique learning experiences.

“There are many sides to MIT in terms of what the students are actually given access to and able to do,” says Richardson. “There is no one face of MIT, because they're highly gifted, highly talented, and often those talents and gifts extend beyond their courses of study.”

That message resonates with Chiang, who says the class underscores the importance of hands-on, experimental research in higher education.

“What I think is a real benefit in experimental research is the physical understanding of how objects and forces relate to each other,” he says. “This kind of class helps students — especially students who’ve never had that experience, never had a job that requires real hands-on work — gain an understanding of those relationships.”

Hainsworth says it’s wonderful to collaborate with his team to tell stories about the spirit and generosity of Institute faculty, guest speakers, and students. The documentary was made possible, in part, thanks to the generous support of A. Neil Pappalardo ’64 and Jane Pappalardo.

“It really is a joy to come in every day and collaborate with people who care deeply about the work they do,” Hainsworth says. “And to be recognized with an Emmy, that is very rewarding.”

Jason Sparapani contributed to this story.

3 Questions: Measuring the financial impact of design in the built environment

MIT Latest News - Thu, 08/07/2025 - 3:50pm

The various aspects of design — such as creation, function, and aesthetic — can be applied to many different disciplines and provide them with a value. While this is universally true for architecture, it has not traditionally been acknowledged for real estate, despite the close association between the two. Traditionally, real estate valuation has been determined by certain sales factors: income generated, recent similar sales, and replacement costs.

Now, a new book by researchers at MIT explores how design can be quantified in real estate valuation. “Value of Design: Creating Agency Through Data-Driven Insights” (Applied Research and Design Publishing) uses data-driven research to reveal how design leaves measurable traces in the built environment that correlate with real economic, social, and environmental outcomes.

The late MIT Research Scientist Andrea Chegut, along with Visiting Instructor Minkoo Kang SMRED ’18, Helena Rong SMArchS ’19, and Juncheng “Tony” Yang SMArchS ’19, present a body of years of interdisciplinary social science research that weave together historical context, real-world case studies, and critical reflections that engage a broader dialogue on design, value, and the built environment.

Kang, Rong, and Yang met as students at the MIT Real Estate Innovation Lab, which was co-founded and directed by Chegut, who passed away in December 2022. Under Chegut’s direction, interdisciplinary research at the lab helped establish the analytical tools and methodologies that underpin the book’s core arguments. The lab formerly closed after Chegut’s passing.

Q: How might the tools used in this research impact how an investor or real estate developer makes decisions on a property?

Kang: This book doesn’t offer a formula for replicable outcomes, nor should it. Real estate is deeply contextual, and every project carries its own constraints and potential. What our research provides is evidence: looking back at 20 years of patterns in New York City data, we see that design components — physical features such as podiums, unique non-orthogonal geometries, and high-rise setbacks; environmental qualities like daylight access, greenery, and open views; and a building’s contextual fit within its neighborhood — has a more substantial and consistent influence on value than the industry tends to credit.

Rong: One reason design has been left out of valuation practice is the siloing of architectural information: drawings stay inside individual firms, and there are no standards for identifying or quantifying the components that make up a design. We have countless databases, but never a true “design database.” This book starts to fill that gap by inventorying architectural features and showing how to measure them with both insights from architectural theory and exploration of computational methods and tools. Using today’s reality-capture technologies and the large-scale transaction data we obtained, we uncovered long-term patterns: Buildings that invested in thoughtful design often performed better, not only in financial terms, but also in how they contributed to neighborhood identity and sustained demand. The takeaway isn’t prescriptive, but directional. Design should not be treated as an aesthetic afterthought, or an intangible variable. Its impact is durable, measurable, and, importantly, undervalued, which is why it is something developers and investors should not only pay attention to, but actively prioritize.

Q: Can you share an example of how design influences urban change?

Kang: As a designer and real estate developer, my work sits at the intersection of architecture, finance, and neighborhood communities. I often collaborate with resident stakeholders to reimagine overlooked or underutilized properties as meaningful, long-term assets — using design both as a tool to shape development strategy and as a medium for community engagement and consensus building.

One recent example involved supporting a longtime property owner in transforming their single-family home into a 40-unit, mixed-income apartment building. Rather than maximizing density at all costs, the project prioritized livability, sustainability, and contextual fit — compact units with generous access to light and air, shared amenities like co-working space and a community room, and passive house-level energy performance.

Through design, we were able to unlock a new housing typology — one that balances financial feasibility with community ownership and long-term affordability. It’s a reminder that design’s influence on urban change extends beyond aesthetics or form. It helps determine who development serves, how neighborhoods evolve, and what kinds of futures are made possible.

Q: How can this research be of use to policymakers?

Yang: Policymakers usually consider broader and longer-term urban outcomes: livability, resilience, equity, and community cohesion. This research provides the empirical foundation to connect those outcomes to concrete design choices.

By quantifying how design influences not just real estate performance, but neighborhood identity, access, and sustainability, the book offers policymakers a new evidence base to inform zoning, public incentives, and regulatory frameworks. But more than that, we think this kind of data-driven insight can help align interests across the ecosystem: urban planners, private developers, community organizations, and residents, by demonstrating that high-quality design delivers shared, long-term value.

In a time when urban space is increasingly contested, being able to point to measurable impacts of design helps shift debates from ideology to informed decision-making. It gives public agencies a firmer ground to demand more, and to build coalitions around the kinds of neighborhoods we want to sustain. Basically, this research helps create agency by making design intelligible in urban spaces where key decisions are made. The kind of agency we’re interested in is not about control, but about influence and authorship. Design shapes how cities function and feel, who they serve, and how they change. Yet too often, those decisions are made without recognizing design’s role. By surfacing how design leaves durable, measurable traces in the built environment, this work gives designers and allied actors a stronger voice in shaping development and public discourse. It also invites broader participation: community groups, resident advocates, and others can use this evidence to articulate why building attributes and environmental quality matter. In this sense, the agency is distributed. It’s not just about empowering designers, but about equipping all stakeholders to see design as a shared, strategic tool for shaping more equitable, resilient, and humane urban futures.

China Accuses Nvidia of Putting Backdoors into Their Chips

Schneier on Security - Thu, 08/07/2025 - 7:05am

The government of China has accused Nvidia of inserting a backdoor into their H20 chips:

China’s cyber regulator on Thursday said it had held a meeting with Nvidia over what it called “serious security issues” with the company’s artificial intelligence chips. It said US AI experts had “revealed that Nvidia’s computing chips have location tracking and can remotely shut down the technology.”

Michigan coal plant tests Trump’s commitment to fossil energy

ClimateWire News - Thu, 08/07/2025 - 6:17am
The administration must decide this month whether to again use emergency powers to keep open a coal plant near Grand Rapids.

South Carolina judge dismisses climate lawsuit targeting oil majors

ClimateWire News - Thu, 08/07/2025 - 6:15am
The ruling against the city of Charleston comes as President Donald Trump has sought to clamp down on climate liability litigation.

Trump team pushes for ouster of top IEA official

ClimateWire News - Thu, 08/07/2025 - 6:13am
The administration and its Republican allies in Congress say the International Energy Agency discourages fossil fuel investments around the world.

Canada on pace for record-shattering wildfire season

ClimateWire News - Thu, 08/07/2025 - 6:12am
Blazes have released 180 million metric tons of carbon, breaking records in Manitoba and Saskatchewan and blanketing much of the U.S. in a smoky haze.

Senate Democrat draws industry fire for federal reinsurance proposal

ClimateWire News - Thu, 08/07/2025 - 6:11am
California Sen. Adam Schiff introduced legislation aimed at stabilizing state property insurance markets. Insurance groups say it's misguided.

In Hawaii, new tourism tax aims to offset costs of climate change

ClimateWire News - Thu, 08/07/2025 - 6:09am
The "green fee," which takes effect Jan. 1, 2026, will fund environmental projects, such as beach restoration or the removal of fire-prone grasses.

Rescuers search for dozens missing after deadly floods in India

ClimateWire News - Thu, 08/07/2025 - 6:09am
Floodwaters rushed down narrow mountains Tuesday into Dharali, a mountain village in northern India, sweeping away homes, roads and a local market.

France’s biggest wildfire this summer burns area larger than Paris

ClimateWire News - Thu, 08/07/2025 - 6:08am
The fire remained "very active" Wednesday, local officials said. The weather was hot, dry and windy, making it difficult for firefighters to contain the blaze.

Studies tie unrecognized deaths and health to Maui, LA fires

ClimateWire News - Thu, 08/07/2025 - 6:08am
Researchers concluded that in addition to 30 deaths attributed directly to the L.A. blaze, more than 400 others could have been due to interrupted health care.

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