Energy executives say the White House has set up a system where only a relative handful of favorite energy executives have access to people who can shape policy.
Zack Colman.@bjlefebvre reports how the oil industry really feels it's done under Trump.
"I don’t think it’s one of these things where we as an industry get in a room and say, ‘Man that was a good four years.' It was more like ‘meh.’"
Scientists at two of America's biggest automakers knew as early as the 1960s that car emissions caused climate change, a monthslong investigation by E&E News has found.
Zack ColmanPowerhouse reporting by @maxinejoselow that shows Ford, GM knew for decades that cars contribute to climate change - but still lobbied against emissions reduction policies & sowed doubt about climate science
“Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy,” the CFTC task force said in its report.
Zack Colman“Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy,” task force formed by financial regulator warns.
My scoop is now free to read.
Zack Colman“Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy.”
This is the starkest warning to date by a US financial regulator over the stresses that markets will face from climate.
Zack ColmanNEW: DOE says in an unpublished study that equipping 9 Wyoming coal-fired electricity generating units with tech to capture & use carbon emissions is too expensive to be workable — unless the state joins a system like California’s cap-and-trade regime.
Zack ColmanMethane emissions are at a global high. Trump just ditched rules rules to curb it at gas at oil & gas wells.
Research shows US fossil fuels are responsible for 80% of new North American methane emissions this century.
https://t.co/QZqvBUtgjt? w/ @alexcguillen
The financial giant will become the first major U.S. bank to count emissions from its loans and investments.
Zack ColmanBig news here: A major US bank will tally all the planet-warming emissions from its loans & investments.
That means for the 1st time it will account for the climate impact from financing pipelines, power plants, etc.
I’ve got the latest
Zack ColmanNEW: Morgan Stanley will be 1st major US bank to count the greenhouse gas emissions from its financing like loans & investments as part of its own impact on climate change.
That’s big - a report says the bank has financed $92b of fossil fuels since 2016.
"Everyone is exposed" as taxpayer-backed loans and insurance face a coming storm.
Zack ColmanPeople, this is a big one.
US taxpayers are on the hook for BILLIONS in losses as taxpayers continue to back mortgages in the most flood-prone areas.
Here's what me & @KatyODonnell_ found
Zack Colman“There are some systemic risks here which need to be considered and evaluated — and right now. U.S. financial regulators are much further behind in that regard.”
NOAA's Climate Prediction Center said Thursday it predicts a 60 percent chance of an above-normal season this year.
Zack Colman“What cities are telling me is they don’t have enough money right now to handle a pandemic and a major disaster at the same time. We’ve spent so much money on the pandemic and our revenues have taken such a hit because of the closures and unemployment."
Car traffic took a big dip beginning in late March, and headlines celebrated clean air around the U.S. But an NPR analysis of EPA data tells a more troubling story.
Zack Colman"I've read a lot of newspaper articles over the past couple weeks that have said if only we can have people telecommute one day a week across the entire basin, our air quality problems will be solved. And unfortunately, it's not that simple."
Zack ColmanResearchers for the first time documented evidence of increasing cyclone intensity over 40 years.
The conclusion adds to the complex debate on the human role in fueling stronger hurricanes & typhoons.
The huge number of wells already abandoned and causing environmental harm is only going to grow because of the current oil market problems.
Zack ColmanThe market bust that is expected to trigger a spate of bankruptcies in the oil patch is threatening to leave states holding a massive bill to seal up thousands of new "orphan" wells that pose pollution risks.