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Bloomberg reporting on ecological matters end of August 2022

Unprecedented heat waves are melting snow and ice across the planet including in the iconic Himalayan range, where the mountains shelter the largest reserve of frozen freshwater outside the North and South poles. As Archana Chaudhary and Aaron Clark write, the immediate impact has been on Pakistan, where floods have submerged farmland and cities, affecting more than 30 million people and killing upward of 1,000 since June.

Floodwaters along the Indus Highway in Sindh province, Pakistan, yesterday. Photographer: Asim Hafeez/Bloomberg

A pedestrian walks through a flooded street caused by a deluge of rain from a tropical storm in Miami, Florida — a state particularly vulnerable to climate change. Photographer: Joe Raedle/Getty Images North America
  • Politicians from Florida and Texas are going on the attack against investment firms that weigh risks tied to climate change.
  • A senior BlackRock Inc. executive blasted a finding by Texas officials that the firm boycotts the fossil-fuel sector.

Greenland’s melting ice will eventually raise sea levels by more than twice as much as previously forecast.

The Inflation Reduction Act dedicates billions to the issue, but some advocates remain skeptical.

Water Crisis in Mississippi Previews a Wetter, Hotter US Future
The water crisis unfolding in Jackson, Mississippi, was decades in the making: the culmination of crumbling infrastructure, systemic racism and extreme weather. It’s also a stark warning of trouble to come as climate change piles new stress onto the essential services Americans rely on every day.

European officials say this year is on track to be drier than any time in the past five centuries, with almost two-thirds of the region under a drought warning or alert. That’s wreaking havoc on broad sectors of the economy, from agriculture to energy to transportation. 

Who’s winning on consumer climate incentives: the US or Europe?

The Inflation Reduction Act signed into law last month ushers in unprecedented incentives for American consumers interested in decarbonizing their lives, including rebates and tax credits for electric vehicle purchases, home-electrification upgrades, heat pumps and solar panels. In many cases, those incentives also bring the US into closer alignment with countries in Europe that have a longer track record with similar climate-centric policies.

Similar, but not identical. Here’s how various incentives geared at personal decarbonization are being approached in the US versus Europe.

Ira Boudway, Fritz Habekuss and Todd Woody

Between 80% and 90% of Americans underestimate general support for climate policies, such as a carbon tax, mandating 100% clean electricity, building renewables on public lands or a Green New Deal. No state population was wrong by less than 20% in their judgments about what other people think.

One problem is the rise of online echo chambers. People who watch or read conservative news also have “greater misperceptions” about the scale of popular support, the authors write. And, as a general matter, when it comes to fast-moving public policy issues, perception of public opinion can lag actual opinion by years or even decades.

Part of the solution may be as simple as talking to each other more. Conservatives tend to underestimate the popularity of positions they disagree with whereas many liberals assume far fewer people share their opinions than actually do, the authors note.

Bill Gates-led fund backs methanol as green shipping fuel

Green fuels and new engines to consume them could help limit climate-warming emissions from giant ships that keep the world economy moving.

It’s possible to simply burn methanol in an engine like petroleum-based fuels — and some cars do just that. But it’s more efficient to extract the hydrogen molecules from methanol and run them through a fuel cell. Blue World estimates that using a fuel cell can save as much as 30% of the fuel compared to a combustion engine.

Germany’s three-month experiment with super-cheap public transport reduced carbon dioxide emissions equivalent to powering about 350,000 homes for a year. The 9-euro ($9) monthly ticket, which allows nationwide travel on regional trains, subways, trams and buses, prevented 1.8 million tons of CO2 because commuters didn’t use their cars as much, according to the VDV public-transport lobby.

Passengers board a train at Berlin Central Station in June. Photographer: Krisztian Bocsi/Bloomberg
India’s metal producers are speeding up their transition to renewable power after a coal crisis led to a supply crunch.

Published by Guestspeaker

A joint effort of several authors who do find that nobody can keep standing at the side and that “Everyone" must care about what is going on in today’s world. We are a bunch of people who do not mind that somebody has a totally different idea but is willing to share the ideas with others and to be Active and willing to let others understand how "today’s decisions will influence the future”. Therefore we would love to see many others to "Act today".

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