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Climate change

Economic Pulse

How banks use Big Tech's deposits to fund the fossil fuel industry

by David Brancaccio and Jarrett Dang
Jun 22, 2022
Some tech giants have pledged to decarbonize operations. But their cash contributes to climate change, says environmentalist Bill McKibben.
Longtime environmental activist Bill McKibben says banks are worsening climate change by financing carbon-intensive projects, and much of the cash comes from tech giants.
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A Warmer World

More severe hurricane seasons bring higher costs

by Savannah Maher
May 27, 2022
Storms are becoming more frequent and covering new ground. At the same time, mitigation efforts are getting more expensive
As oceans warm, storms get more severe.
NOAA via Getty Images
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Can global economic crises result in better international cooperation?

by David Brancaccio and Erika Soderstrom
May 17, 2022
Political scientist Ian Bremmer sees big opportunity in crisis.
Johannes Simon/Getty Images
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A Warmer World

Quantifying climate risk goes mainstream

by Lily Jamali
May 16, 2022
People seeking to minimize flood and fire risk when looking for a home have new tools to guide them.
The 2017 Tubbs Fire decimated neighborhoods. Many people are seeking safer homes as fire risk worsens, but there are few tools to help them.
Justin Sullivan/Getty Images
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A Warmer World

A UN report says making cities more population-dense can help cut carbon emissions

by Amy Scott and Sean McHenry
May 2, 2022
Cities were responsible for over half of the world's carbon emissions in recent years. They could turn that around in the decades to come.
An aerial view of a "green" roof in Caracas, Venezuela. Green roofs are roofs that incorporate vegetation.
Yuri Cortez/AFP via Getty Images
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A Warmer World

Wildfires in April signal growing costs of climate change

by Savannah Maher
Apr 26, 2022
What to do when fuel for fires seems infinite, but resources to fight fires is decidedly finite?
As the risk for wildfires rises, small cities struggle to find the resources to combat them.
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Farmers, ranchers in the Southwest adapt to the region's worst drought in more than 1,000 years

by Savannah Maher
Feb 16, 2022
Some are selling cattle. Others are changing the crops the grow.
According to a study published this week in the journal Nature Climate Change, it’s the worst drought the Southwest has experienced in at least 1,200 years. 
icholakov / Getty Images
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In addressing the housing shortage, we might need to rethink the way housing policy works

by Amy Scott and Sean McHenry
Feb 10, 2022
A new book by Jenny Schuetz, a senior fellow at the Brookings Institution, sheds light on possible solutions.
"The market wants very much to build more homes in high-demand locations, but we have a whole set of policies that make it virtually impossible to add housing," said Jenny Schuetz at the Brookings Institution.
Justin Sullivan/Getty Images
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What would it take to reach net-zero global emissions by 2050?

by David Brancaccio and Rose Conlon
Feb 10, 2022
A new report from McKinsey says that achieving net zero by the middle of the century will require over $9 trillion in annual spending between now and then.
A new report from McKinsey says the transition to net zero by mid-century would require over $9 trillion in annual spending.
Ralph Orlowski/Getty Images
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As electric pickup trucks come to market — slowly — lots of interest and long waits

by Samantha Fields
Feb 9, 2022
“On the supply side, it's very clear that they were not planning for such a high demand,” one expert told us.
Demand for electric trucks, like Ford's F-150 Lightning, is far outpacing supply. Some 200,000 people have already put down deposits for the vehicle.
Jeff Kowalsky/AFP via Getty Images
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