The global economy loses trillions in the persisting downturn following an El Niño event, according to a new study.
Why it matters: A rapidly developing El Niño could result in a worldwide economic loss of upwards of $3 trillion through the end of the decade — costing some nations more than others.
Frontier, the group of corporate giants helping to expand the carbon removal market, just unveiled its largest deal by far.
🗞️ Driving the news: Buyers working through Frontier have binding contracts for $53 million with the startup Charm Industrial to remove 112,000 tons of carbon dioxide between 2024 and 2030.
Charging an electric vehicle (EV) is a time-consuming burden — which is why the notion of battery swapping, dismissed by Tesla CEO Elon Musk and many others as unworkable, is still percolating.
Why it matters: Many drivers won't embrace EVs unless the refueling experience is as seamless as filling up a gas tank.
A team of 40+ USDA scientists has listed the most significant looming challenges facing water resources and agricultural production nationwide.
Why it matters: Their newly-released plan unlocks a 30-year roadmap for mitigating some of the leading issues imperiling water sustainability before they become full-blown crises.
The Energy Department today will announce $251 million to back projects in multiple states for developing or expanding large-scale carbon storage and transport, Ben writes.
Why it matters: Biden officials are keen to speed the deployment of tech that could become a major tool against global warming.
Large-scale carbon capture and storage, or CCS, has been slow to achieve widespread commercial liftoff, but there are signs of fresh momentum.
As the aviation industry wrestles with meeting its net zero emissions goal by 2050, Boeing is offering a new tool meant to help executives, policymakers and other leaders explore the risks and rewards of potential pathways.
Why it matters: Aviation's global CO2 emissions have doubled since 1987 and now account for about 2.5% of the worldwide total, according to the World Economic Forum.
