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Climate change

What to expect from COP28, the annual U.N. climate summit

by David Brancaccio and Alex Schroeder
Nov 27, 2023
The two-week United Nations summit on climate change will kick off on Nov. 30 and take place in Dubai this year.
Sultan Al Jaber, the head of the United Arab Emirates' state-owned oil company, is serving as president of COP28.
Bryan Bedder/Getty Images for Bloomberg Philanthropies
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A Warmer World

Climate change effects likely to include long-term inflation

by Henry Epp
Nov 14, 2023
The fifth National Climate Assessment says climate change will continue to nudge household spending higher in many categories — including health, food and home repair.
In June, smoke from Canadian wildfires drifted over New York City and obscured the Manhattan skyline. Increased air pollution could lead to higher health care costs.
Leonardo Munoz/AFP via Getty Images
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As one new offshore wind project is approved, two others are canceled — for now

by Samantha Fields
Nov 2, 2023
More offshore wind projects are being approved, but many are also running into economic and logistical challenges.
An offshore wind farm off the coast of Block Island, Rhode Island.
John Moore/Getty Images
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A Warmer World

As weather gets less predictable, hydropower dams look to new forecasting techniques

by Amy Scott and Sarah Leeson
Oct 24, 2023
"Forecast-informed reservoir operations" may help planners deal more effectively with flood or drought conditions.
Dams were built during a much different climate regime from the conditions we're experiencing and expecting. Operators of the facilities are seeking ways to adapt.
Lars Hagberg/AFP via Getty Images
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Biden administration announces $7 billion for hydrogen hubs

by Kimberly Adams
Oct 13, 2023
It's part of the White House's plan to accelerate the domestic market for low-cost, clean hydrogen.
The Biden administration says the proposed seven hubs across 16 states will eliminate 25 million metric tons of CO2 emissions each year.
Morris MacMatzen/Getty Images
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The clean energy revolution needs green workers, fast

by Emily Jones
Oct 9, 2023
If there aren’t people ready to build, install, and maintain the solar panels and electric cars that money is paying for, billions in federal funding dollars could go to waste.
A Qcells employee takes part in hands-on training with Georgia Quick Start. To make the transition to green energy, new workers will need to be trained for specialized manufacturing jobs.
Courtesy Georgia Quick Start.
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A Warmer World

Climate change put a dent in Levi's sales. It's likely to do the same for other products.

by Kimberly Adams
Oct 6, 2023
Because nobody's thinking about wearing denim when it's 110 degrees outside.
Warming temperatures have contributed to soft sales for denim, according to Levi Strauss CEO Chip Bergh.
Getty Images
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A Warmer World

Climate change means more extremes for Washington hops farmer

by Kai Ryssdal and Richard Cunningham
Sep 25, 2023
After a cold spring and unseasonably hot and dry summer, Patrick Smith of Yakima is seeing some abnormalities in when his crops mature.
"Overall, I'd say that the apple crop statewide is looking quite good," Washington farmer Patrick Smith says.
Matthew Cavanaugh/Getty Images
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A Warmer World

A plan for alleviating poverty and climate change

by Sabri Ben-Achour and Alex Schroeder
Sep 22, 2023
The two challenges are interrelated, and a new report from the McKinsey Global Institute says they must be addressed in tandem.
It'll take investment equal to about 8% of global GDP annually to close both the economic empowerment gap and the net-zero transition gap, according to the McKinsey Global Institute,
China Photos/Getty Images
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Is climate change a blind spot for CEOs? Or a problem for the next guy to worry about?

by Nova Safo and Alex Schroeder
Sep 14, 2023
The Economist's Charlotte Howard explains why companies aren't doing more to prepare for business risks posed by climate change.
Andrew Caballero-Reynolds/AFP via Getty Images
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