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Today's Climate

10/03/2019

A Major Fossil Fuel State Is Joining RGGI, the Northeast's Carbon Market

One of the nation's largest coal and natural gas producing states, is moving to join the Northeast's carbon market. It would mark the largest expansion of the multistate initiative since its inception a decade ago and a milestone in the drive by states to counter the impact of the Trump administration's retreat from climate action.

(InsideClimate News)

Bipartisan Report Says Trump’s Abuse Has Pushed Federal Science to a ‘Crisis’

Every president over the past two decades has, to some degree, undermined research and injected politics into science, a new report out of New York University said. But under the Trump administration, federal science has been driven to a "crisis point," it concluded.

(The New York Times)

River Flows All Across the Globe Are Dropping

The rate at which critical reservoirs are emptied is far outpacing the rate at which they are naturally replenished, with about 70 percent of the water pumped from underground aquifers worldwide being used for agriculture and much of the remainder going to cities, Bloomberg reports.

(Bloomberg)

World's Largest Banks Lagging in Sustainable Finance, New Report Says

Despite pressure from activists, investors and governments, the majority of world's 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue to finance fossil fuels, according to new findings by the World Resources Institute.

(Reuters)

In Houston, a Rash of Storms Tests the Limits of Coping With Climate Change

Hit by Hurricane Harvey in 2017, followed by Tropical Storm Imelda last month, Houston—with its relative wealth and experience with disasters—has become a test case for climate resilience, The New York Times reports.

(The New York Times)

When Climate Change Leads to Mortgage Defaults

Climate change poses risks to real estate that homebuyers may not be able to predict. The risks are shared by mortgage lenders and by taxpayers through the federally operated Freddie Mac and Fannie Mae.

(Bloomberg)

2 Dakota Pipeline Protesters Face Federal Charges Over 2017 Damage

In 2017, Ruby Montoya and Jessica Reznicek said they used torches to pierce steel valves in Iowa and delay the pipeline's completion. Now facing federal charges, the two could face decades in prison if convicted, The New York Times reports.

(The New York Times)

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