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Are Pollsters Getting Climate Change Wrong?
Climate change either is or isn’t the biggest issue of our time. It all depends on who you ask — and, especially, how.In March, as it has since 1939, Gallup asked Americans what they thought was the most important problem facing the country. Just 2% of respondents said “environment/pollution/climate change” — fewer than those who said “poor leadership” or “unifying the country” (although more than those who said “the media.”) Pew, meanwhile, asked Americans in January what the top priority for the president and Congress ought to be for this year, and “dealing with climate change” ranked third-to-last out...
Forever Chemical Enforcement Just Got Even Stronger
Last week, I reported on the Environmental Protection Agency’s monumental new restrictions on “forever chemicals” in Americans’ drinking water. At the time, I stressed that the issue doesn’t end with the water that flows out of our kitchen and bathroom taps — the government also has a responsibility to hold polluters accountable at the source. On Friday, the EPA did just that, designating perfluorooctanoic acid and perfluorooctanesulfonic acid, a.k.a. PFOA and PFOS, as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act, more commonly known as the Superfund law. PFOA and PFOS are two of the most commonly...
Want to Solve Climate Change? First Fix Muni Bonds.
Decarbonizing the global economy requires replacing stuff that emits carbon dioxide with stuff that doesn’t. At its heart, this challenge is financial: All these high-emitting assets ― coal plants, gas stoves, airplanes ― were at some point financed into existence by investors seeking returns. Climate policymakers’ greatest challenge is not just figuring out how to phase out existing, dangerous capital investments in fossil fuels, but also how to finance into existence new, climate-stabilizing clean assets. This is all much easier said than done. Central banks’ high interest rates are strangling clean energy and adaptation infrastructure investments in the United States...
Tesla Shareholders Will Vote Again on Musk’s Pay
Current conditions: It was 103.5 degrees Fahrenheit in Mumbai yesterday, the warmest April day recorded in a decade • Australia’s Bureau of Meteorology declared El Niño over • It will be rainy today in Washington, D.C., where negotiators will be pushing for more climate investment at the IMF and World Bank spring meetings. THE TOP FIVE1. Tesla asks shareholders to re-ratify Musk pay package that judge voided Tesla shareholders will get a second chance to approve CEO Elon Musk’s pay package at the company’s upcoming June 13 annual meeting. In January, a Delaware court voided Musk’s 2018 pay deal, which was...
Climeworks Is Becoming a Carbon Trader
Climeworks made a name for itself as the first company to launch a commercial-scale facility that sucks carbon out of the air and buries it deep underground. The Swiss startup is widely recognized as a global leader in direct air capture technology.But on Wednesday, Climeworks made a surprising move away from hard tech and into carbon trading with the launch of an offshoot called Climeworks Solutions. Under the new banner, it will purchase carbon removal credits from other providers, package them into portfolios that include its own direct air capture credits, and sell the bundles to buyers looking for...
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