Human-caused climate change has been warming the Arctic nearly four times faster than the globe since 1979, researchers in Finland said in a new study released Thursday in the journal Communications Earth and Environment.
Why it matters: The study indicates that the polar region is warming faster than scientists previously estimated in other studies, which have previously said that the Arctic was warming either twice, more than twice or three times as fast as the planet on average.
The Democrats' climate bill that the House is expected to take up Friday follows decades of legislative failure on climate change — which could end because of a change in strategy and changing circumstances.
Why it matters: If the bill passes and heads to President Biden's desk, experts say it will be because Democrats abandoned the strategy of simply making carbon emissions too painful to maintain — and because Americans are now increasingly aware of the costly impacts of climate change.
The early verdicts have arrived: Investors are confident the Democrats' climate deal will translate into expanded real-world deployment of low-carbon energy.
Driving the news: The movement of exchange-traded funds and individual companies in several segments of the energy sector tell a similar story.
The Capitol Hill energy deal creates headwinds and tailwinds for the growing adoption of electric cars in the U.S. — and analysts are just starting to grapple with the complexities.
Driving the news: The legislation greatly expands EV purchase subsidies but also ties them to strict sourcing requirements for battery materials.
Why it matters: France, Spain, Italy and the Netherlands are facing water shortages and riverbeds are drying out across Europe. Dry conditions are severely affecting energy production, agriculture and river transportation.
Two U.S. House Democrats proposed a measure Tuesday that would make it illegal for airlines to offer flights when they know they don't have enough staff.
Why it matters: After two years of pandemic-related travel frustrations and a summer of canceled flights, the measure is the latest push by lawmakers to regulate the aviation industry.
