After having its hottest summer on record, Phoenix saw an unprecedented and sustained heat wave during parts of September through mid-October.
Why it matters: The latest stretch prolonged heat-related health threats and pointed to the growing challenge of how to be resilient in the face of scorching temperatures.
Why it matters: The new commitments — along with other companies' recent announcements — show a surge of interest in small modular reactors to prevent burgeoning AI computing tasks from torpedoing climate goals.
The world is entering anew era increasingly dominated by electricity, the International Energy Agency said.
Why it matters: Electricity use has grown at twice the pace of overall energy demand over the last decade, with China leading the way, IEA's new "world energy outlook" finds.
The Small Business Administration has "exhausted funds for its disaster loan program" following increased demand as officials respond to hurricanes Helene and Milton, the SBA announced Tuesday.
Why it matters: President Biden said in a statement shared with outlets including Axios that the program is "a critical lifeline to small businesses, homeowners, and renters affected by disasters."