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Semafor net zero
🟡 Semafor Net Zero: Decisions, decisions
In this edition, a major EU decision on Chinese EVs, an upcoming US decision on H2 tax credits, and a Starbucks decision on testing climate-resistant coffee.
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Solar boom in China turns electricity prices negative
China is building twice as much wind and solar as the rest of the world combined.
Muyu Xu/Reuters
A London lawsuit could amp up environmental pressure on big businesses
The unusual case underlines how the prospect of hefty financial returns is enticing deep-pocketed investors to fund novel class-actions.
Ricardo Moraes/Reuters
Britain becomes first G7 country to phase out coal
The UK’s energy mix will be coal-free for the first time in nearly 150 years.
Molly Darlington/File Photo/Reuters
The data center boom is giving clean energy a jolt
Rather than derailing the energy transition, the AI power rush is driving it forward.
Carlo Allegri/Reuters
2024 could be the beginning of a global decline in emissions
The global economy is greening fast, with 14 of the world’s biggest banks expanding backing for nuclear energy projects.
Tim Wimborne/File Photo/Reuters
‘Burning Man for the climate geeks’: Business, world leaders gather for NYC Climate Week
Now in its 25th year, the event may offer a preview of the United Nations’ upcoming COP29 conference, which takes place in November in Azerbaijan.
Shannon Stapleton/Reuters
Western democracies aren’t immune from climate violence
Rising temperatures are straining defense budgets and putting troops’ lives at risk.
Coming winter may prove ‘sternest of tests’ for Ukraine’s battered power grid
The International Energy Agency warned that energy and heat shortages would pose significant additional security risks for Ukraine as Russia increasingly targets the country’s grid.
Political infighting is holding back Ukraine’s energy reconstruction
In his first interview with US media after being sacked this month, the former head of Ukraine’s state-owned grid company said the government has been too slow to change its culture.
Extreme flooding devastates Africa and Europe, displacing millions
Increasingly warmer weather due to climate change is causing more extreme rainfall in some areas of the globe.
Trump and Harris have the same oil problem
Politics aside, the market isn’t asking for more drilling.
Powering the Next Generation of American Energy
A convening of key stakeholders and thought leaders to examine the importance of reliable energy infrastructure to economic development and how the public and private sectors work together to protect energy security.
Harris finds a new way to outflank Trump on fossil fuels
With climate voters in the bag, Harris is drumming up the Biden administration’s track record on drilling.
Investors hope tech for hog poop ponds can solve AI’s water problems
AI is a massive water hog. Climate tech investors are looking for a payday in quenching its thirst.
Trump is looming over US climate talks in China
John Podesta, the top US climate envoy, will meet his Chinese peers this week to try to lock in an ambitious deal for COP29 and discuss contingency plans for a Trump victory.
Why mosquito-borne diseases are surging
Experts say rising global temperatures due to climate change have increased the number of habitable areas for the insect.
Germany’s far right has a new anti-wind energy playbook
Growing anxieties about wind farms could dent one of the world’s most ambitious clean energy agendas.
The US needs a new plan to sell clean power to the world, a top Harris adviser says
A US-led “clean energy Marshall Plan” could force China to green its Belt and Road Initiative, former White House adviser Brian Deese told Semafor.