Did Exxon Mislead Investors About Climate-Related Risks? It’s Now Up to a Judge to Decide.
Lawyers for New York State and ExxonMobil wrapped up a landmark climate fraud trial on Thursday, shaping a tangle of testimony and evidence into competing narratives on whether the oil company misled investors about the risks it faces from climate regulation. The decision now falls to one man.
Trump Administration Makes It Easier to Dredge Protected Areas to Restore Beaches
The Trump administration has changed a 25-year-old policy to make it easier for coastal communities to take sand from protected ecosystems to improve their beaches. The shift makes it cheaper for some of the wealthiest communities in the country to replenish their beachfronts, but critics say that comes at the expense of vulnerable coastal ecosystems.
(The New York Times)
U.S. Still Sending a Team to World’s Biggest Climate Summit
President Donald Trump may be withdrawing the United States from the international Paris Agreement to fight global warming, but the U.S. is still sending a delegation to the world's largest climate change summit, being held in Madrid next month.
Fed Says $500 Billion in Losses Show the Economic Threat of Climate Change
Money managers cannot ignore climate change, a senior official from the U.S. central bank warned on Thursday. "The U.S. economy has experienced more than $500 billion in direct losses over the last five years due to climate and weather-related events," the official told a risk forum in New York.
Fossil Fuel vs. Clean Power: Judge Orders New Vote in New Orleans
A judge has ordered a new vote regarding a proposed natural gas power plant that was approved by the New Orleans City Council last year, ruling that proponents had used illegal means to win approval. The struggle mirrors a trend across the country where environmentalists and states are pushing back against new fossil fuel projects.
(The New York Times)
Deadly Virus spreads Among Marine Mammals as Arctic Ice Melts
When sea otters in Alaska were diagnosed with phocine distemper virus (PDV) in 2004, scientists were surprised. A new study shows climate change may be opening up new pathways for the disease to spread.
The Last Advancing Juneau Icefield Glacier Begins Its Retreat
The massive Taku Glacier has grown for nearly 130 years, extending deep into fjords southeast of the Alaska capital. Now, measurements indicate the Taku has ended its defiance of Alaska's warming climate and become the last of the Juneau Icefield's dozens of glaciers to retreat.
(Anchorage Daily News )
Trump Sends Nominee to Replace Perry as Energy Secretary to the Senate
The White House on Thursday sent its nomination—Dan Brouillette—to be outgoing Energy Secretary Rick Perry's replacement to the Senate. Brouillette currently serves as the deputy secretary at the Department of Energy.
After the Water: Flash Floods Pose Existential Threat to Towns Across the U.S.
When a flash flood ripped through historic Ellicott City, Maryland, residents thought it was a freak occurrence. Instead, it was a hint about the future. And adapting to that future has been painful. NPR has a photo and video essay on the risks and damage.
The Permian Paradox: Texas Shale Players Go Green to Drill More
As the thirst for electricity to power drilling rigs in West Texas drives the state's energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues, Reuters reports.