Climate Change News
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Newest cause for climate optimism? The U.S. rivalry with China (Politico)
A clean energy arms race between the U.S. and China — the world’s two superpowers and largest greenhouse gas emitters — has been the dream of climate advocates for decades.
It may have just begun.
The Inflation Reduction Act that President Joe Biden signed on Tuesday will pour $369 billion into clean energy and help to build a domestic clean tech manufacturing sector designed to displace China as the key supplier of critical equipment for solar, wind and batteries.
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Mitigation and adaptation to top UN Climate Change Conference agenda in Egypt (Arab News)
DUBAI: Summer of 2022 has seen a rash of wildfires, flash flooding, dust storms, and record high temperatures across the planet, which scientists believe are only the latest expressions of man-made climate change.
Experts warn that such extreme weather events will grow in frequency and severity unless the world acts decisively to cut greenhouse gas emissions and ensures that temperatures do not exceed 1.5 degrees Celsius above pre-industrial levels.
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Is there a green solution to the vinyl record backlog? (BBC)
The backlog in the vinyl industry since the pandemic began means that artists and some music fans are having to wait around a year to receive their records.
Global demand for albums is at its highest in 30 years, while most factories are still using the same pressing methods deployed in the 1980s.
But a Dutch firm is offering, what it says is, a more sustainable - but more expensive - solution to the backlog. And it is doing so without the material that gave vinyl its name.
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Biden’s Climate Law Is Ending 40 Years of Hands-Off Government (The Atlantic)
On Tuesday, President Joe Biden signed the Inflation Reduction Act into law. It is no exaggeration to say that his signature immediately severed the history of climate change in America into two eras. Before the IRA, climate campaigners spent decades trying and failing to get a climate bill through the Senate. After it, the federal government will spend $374 billion on clean energy and climate resilience over the next 10 years. The bill is estimated to reduce the country’s greenhouse-gas emissions by about 40 percent below their all-time high, getting the country two-thirds of the way to meeting its 2030 goal under the Paris Agreement.
Since the law emerged from a surprise compromise between Senator Joe Manchin and Senate Majority Leader Chuck Schumer last month, most attention has been paid to the fact of the bill itself: that it is a climate bill, that America’s sorry environmental record has begun to reverse...
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Climate Disasters Risk Putting a Damper on Electric-Car Making (Bloomberg)
Automakers racing to make more electric vehicles have a problem: climate change is catching up with the industry.
On Monday, authorities in China’s Sichuan province — the source of about a fifth of the country’s lithium production — extended electricity cuts to some industrial users as the most intense heat wave in more than 60 years depletes reservoirs used for hydropower.
Volkswagen said last week its factory in the region was affected by the power shortage and that it expected a slight delay in deliveries to customers. Toyota and battery maker CATL have temporarily closed factories. Tesla and China’s SAIC Motor told authorities in Shanghai — roughly 2,000 kilometers (1,240 miles) to the east of Sichuan’s capital city of Chengdu — that they may have difficulty maintaining production if the power crunch continues to impact suppliers.
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Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill (The New York Times)
Tucked into the Inflation Reduction Act that President Biden signed last week is a major expansion of federal loan programs that could help the fight against climate change by channeling more money to clean energy and converting plants that run on fossil fuels to nuclear or renewable energy.
The law authorizes as much as $350 billion in additional federal loans and loan guarantees for energy and automotive projects and businesses. The money, which will be disbursed by the Energy Department, is in addition to the better-known provisions of the law that offer incentives for the likes of electric cars, solar panels, batteries and heat pumps.
The aid could breathe life into futuristic technologies that banks might find too risky to lend to or into projects that are just short of the money they need to get going.
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