By Jeremy Deaton, Nexus Media Highlights The National Oceanic and Atmospheric Administration (NOAA) found that the greenhouse gas methane has reached all-time high levels in the atmosphere, threatening Paris Agreement climate goals. Methane is about 80 times more potent than CO2 and has been increasing its presence in the atmosphere for the last 20 years … Read more
By Yvette Cabrera, Grist Highlights The National Resources Defence Council (NRDC) is suing the U.S. Environmental Protection Agency (EPA) on behalf of a dozen environmental groups. Environmental groups across the country petitioned the EPA to publish an emergency rule that requires polluters to submit a public notice that they are taking advantage of newly relaxed … Read more
From Bloomberg Highlights The coronavirus pandemic has caused oil markets to plunge into the negative due to a lack of storage for unused oil. Michael Tran, managing director of global energy strategy at RBC Capital Markets, says that there is little to be done about the market nose-diving even further: “Refiners are rejecting barrels at … Read more
By Rosanna Esparza and Ashley Hernandez, The Sacramento Bee ACTION ALERT: Send Governor Newsom a message now to reverse his decision and halt fracking. Highlights California Governor Gavin Newsom approved 24 new fracking permits for the state in the midst of shelter-at-home mandates as the COVID-19 pandemic rages on. Though Newsom is doing great at … Read more
By Justin Guay, Medium Highlights The current pandemic could be an opportunity for the US to eliminate our use of fossil fuel dependency and transition into a clean energy economy The US fracking industry is in a tricky place – facing negative pricing and less demand, indicating that the industry wasn’t viable to begin with … Read more
By Marianne Levelle, Inside Climate News Highlights The Trump administration suspended U.S. environmental laws due to calls for help from the American Petroleum Institute. The suspension of the rules will ultimately lead to more pollution, making more people in frontline communities susceptible to health risks, including COVID-19. The Environmental Protection Agency announced a policy that … Read more
by Damian Carrington, The Guardian Highlights New research from the Harvard TH Chan School of Public Health suggests that air pollution is linked to higher death rates for people that have contracted COVID-19 compared to those living in areas with cleaner air. Living in a polluted city in the past has an effect on death … Read more
By David Caleb Mutua, Bloomberg Highlights According to UBS Global Wealth’s head of credit, Thomas Wacker, sustainable bonds are a “defensive opportunity” that credit investors should favor over non-green, investment-grade corporate notes The fossil fuel industry has no presence in the green bond market and are feeling the impacts of the turning economy due to … Read more
By Ivan Penn, The New York Times Highlights Even though the renewable energy sector is facing some losses during the coronavirus pandemic, renewables are set to account for nearly 21% of the electricity in the United States, a 3% increase from 2019 Renewables prices have not dropped as much as oil and gas prices during … Read more
from Climate Nexus Highlights There is a noticeable global surge in methane emissions with the U.S. accounting for the largest source of growth. If this trend continues, all progress made towards reaching Paris Agreement climate goals will be lost. Though tropical wetlands may play a role, scientists agree that large methane emissions are from the … Read more
