The Biden administration said Tuesday it concluded that unrestricted liquefied natural gas exports will increase greenhouse gas emissions and cause gas prices to rise.
Why it matters: The long-awaited Energy Department study — which coincided with a controversial pause on issuing LNG export licenses — details potential harms of shipping out U.S. gas as exports have dramatically increased.
Winters are rapidly warming across the Northern Hemisphere because of human emissions of greenhouse gases from burning fossil fuels, a new report shows.
This is now being seen in many more days with temperatures above freezing.
You can get an electric vehicle for very close to free.
Why it matters: The environmental benefits of EVs notwithstanding, demand for smaller vehicles remains muted — and regulations are causing some automakers to offer aggressive incentives to get them off the showroom floor.
SoftBank is back in the Donald Trump flattery business, pledging to invest $100 billion into U.S. companies over the next four years and to create 100,000 jobs.
Driving the news: SoftBank founder and CEO Masayoshi Son is expected meet with the president-elect later today at Mar-a-Lago, where he'll announce his firm's plans at a press conference.
The year is closing out with more global temperature records that, in aggregate, largely defy what many climate scientists expected for 2024.
Why it matters: Among the potential factors driving this year's — as well as 2023's — record warmth is the unsettling possibility that global warming is accelerating and the planet's climate behaving differently than expected.
Officials in the French Indian Ocean territory of Mayotte estimate Tropical Cyclone Chido killed hundreds of people after the worst storm in 90 years struck the Indian Ocean archipelago.
The big picture: Mayotte hospital officials confirmed Tropical Cyclone Chido killed at least 11 people and wounded some 250 others on Saturday, but a top Mayotte official told local news outlet Mayotte La 1ere Sunday he expects the death toll to rise exponentially.
President Biden urged Democrats to "stay engaged" and "never give up" as he and Vice President Harris thanked donors and party members at the Democratic National Committee's holiday reception in Washington, D.C., on Sunday.
The big picture: In a nod to President-elect Trump defeating Harris and Republicans winning control of the House and Senate in November's election, Biden said at the DNC event "we all get knocked down," you've just "got to get up" as he touted his administration's legislative accomplishments.
