EPA Report, Delayed by Trump, Now Warns of United States Entering Unprecedented Climate Territory
The Environmental Protection Agency released a report Wednesday that had been delayed by the Trump administration for years detailing the harsh and widespread consequences climate change wrought on the United States during President Trump’s tenure, the Washington Post reports. The consequences include destruction of permafrost, loss of winter ice and spikes in summer heat.
(The Washington Post)
Federal Reserve Privately Presses Big Banks on Risks From Climate Change
The U.S. Federal Reserve has asked lenders to start providing information on the measures they are taking to mitigate climate change-related risks to their balance sheets, Reuters reports. The move highlights how U.S. watchdogs are moving to execute President Biden’s climate agenda, with potentially major ramifications for Wall Street.
Inside Clean Energy: Arizona’s Energy Plan Unravels
Six months ago, Arizona looked like a model for bipartisan legislation. Democrats and Republicans had come together to craft a plan to get the state to 100 percent carbon-free electricity by 2050, and a bipartisan commission seemed set to pass it. So why did that same group vote down the measure last week? That and more in the latest Inside Clean Energy by Dan Gearino.
(Inside Climate News)
Canadian Company Continues Operating Oil Pipeline Through Michigan Despite Governor’s Order to Halt
Enbridge, a Canadian energy company, is continuing to operate an oil and gas pipeline through Michigan despite Democratic Gov. Gretchen Whitmer’s order to shut it down, The Hill reports. Whitmer on Tuesday ordered the shut down of Line 5 by May 12, saying that an underwater section of the pipeline is too risky to keep operating. Enbridge contests that it operates the federally regulated line legally.
Pipeline Hack Points to Growing Cybersecurity Risk for Energy System
The audacious ransomware attack that shut down the Colonial Pipeline and sent Americans scrambling for gasoline in the Southeast this week could become increasingly common and highlights the issues facing America’s aging and vulnerable energy infrastructure, the New York Times reports. The energy industry was the third most targeted sector for such attacks in 2020, a recent report found.
(The New York Times)
Brazil’s Lower House Passes Bill to Ease Environmental Permits
Brazil’s lower house of Congress has approved a bill to loosen licensing requirements for infrastructure, mining, agriculture and other projects, despite its being fiercely contested by environmental groups, Reuters reports. The move drew criticism from conservation groups at a time when Brazil’s environmental record is under intense scrutiny as deforestation in the Amazon rainforest soars.