Tag: Global Warming

‘Reglobalization’ to the Rescue?

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Russia, China, Iran and their allies, by contrast, tend to use the term to describe a new world order in which they play a greater role, said Benedikter, who first heard “reglobalization” at a 2017 conference in Russia. Since then, he said, the term has gained traction as the global supply chain has experienced shocks from the pandemic, Russia’s war on Ukraine and attacks by Houthi rebels on commercial ships in the Red Sea. To Harold James, a Princeton economic historian, the term describes the constantly shifting relations in global…

Kongjian Yu Has a Plan for Urban Flooding: ‘Sponge Cities’

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Cities around the world face a daunting challenge in the era of climate change: Supercharged rainstorms are turning streets into rivers, flooding subway systems and inundating residential neighborhoods, often with deadly consequences. Kongjian Yu, a landscape architect and professor at Peking University, is developing what might seem like a counterintuitive response: Let the water in. “You cannot fight water,” he said. “You have to adapt to it.” Instead of putting in more drainage pipes, building flood walls and channeling rivers between concrete embankments, which is the usual approach to managing…

John Kerry: ‘I Feel Deeply Frustrated’

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When former Secretary of State John Kerry stepped into a newly created post as America’s top climate diplomat in 2021, the reputation of the United States abroad was, in his words, “in the crapper,” and the pathway to meeting the world’s climate goals looked, to most, very narrow. Kerry, now 80, is stepping down this week to take a role on the Biden re-election campaign. In the last three years, the climate landscape has changed in two big and contradictory ways: The goal the world set in Paris in 2015…

The Price of Carbon Emissions Plunged in 2022, and That’s Not Good

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This chart, which hasn’t been published elsewhere, is disappointing. It shows a steep drop in 2022 in the global weighted average price per metric ton of carbon dioxide emissions: Making it more expensive to put greenhouse gases into the atmosphere is the market-oriented way to keep the planet from overheating. A high price tag on emissions gives emitters the incentive to switch to cleaner energy sources. It also raises the prices of energy-intensive products, encouraging consumers to choose ones that are friendlier to the environment. And so on. From a…

The Debt Problem Is Enormous, and the System for Fixing It Is Broken

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Martin Guzman was a college freshman at La Universidad Nacional de La Plata, Argentina, in 2001 when a debt crisis prompted default, riots and a devastating depression. A dazed middle class suffered ruin, as the International Monetary Fund insisted that the government make misery-inducing budget cuts in exchange for a bailout. Watching Argentina unravel inspired Mr. Guzman to switch majors and study economics. Nearly two decades later, when the government was again bankrupt, it was Mr. Guzman as finance minister who negotiated with I.M.F. officials to restructure a $44 billion…

Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars

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In Darbhanga, a new acid-battery rickshaw, like the one Mr. Rai drives, sells for around 175,000 rupees, or $2,100. That’s half the price of a new rickshaw powered by natural gas. Charging the battery costs 20 rupees (25 cents), one-fourth of the price of filling a gas tank. The rebates seem to be working. Reliance Industries, India’s biggest company, is converting its three-wheeled cargo vehicles from gas to electric. Food delivery services are going electric as quickly as possible. Chetan Maini, whose company Sun Mobility builds charging infrastructure, said business…

Could Biden’s Clean Energy Push Be a Victim of Its Success?

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Dalton, Ga., was once known as the carpet capital of the country. Economic diversification meant branching out from wall-to-wall to hardwood flooring. Now, at Qcells, a solar panel company, robots patrol acres of shop floor where delicate solar cells are packaged, laminated and boxed into sophisticated panels — almost 30,000 a day at peak production — in a highly automated production line. The company built a massive factory in Georgia — one of the most crucial states in the 2024 presidential election — and has another in the works. Both…

What a U.S.-China Climate Deal Means for COP28

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The United States and China announced an agreement on Tuesday evening to sharply increase clean energy, displace fossil fuels and reduce the emissions that are warming the planet. The deal comes at a pivotal moment for the United States, the biggest climate polluter in history, and China, currently the largest polluter. Together, they account for 38 percent of the world’s greenhouse gases. President Biden and President Xi Jinping of China are set to meet today. And in two weeks, representatives from nearly 200 countries will gather in Dubai as part…

U.S. and China Agree to Displace Fossil Fuels by Ramping Up Renewables

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The United States and China, the world’s two largest climate polluters, have agreed to jointly tackle global warming by ramping up wind, solar and other renewable energy with the goal of displacing fossil fuels, the State Department said Tuesday. The announcement comes as President Biden prepares to meet Wednesday with President Xi Jinping of China for their first face-to-face discussion in a year. The climate agreement could emerge as a bright spot in talks that are likely to focus on sensitive topics including Taiwan, the war in Ukraine and the…

Australia Offers Climate Refuge to Tuvalu Citizens, but Not All

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The Pacific island nation of Tuvalu once comprised 11 islands. It is now down to nine flecks of land totaling less than 10 square miles, which, like their lost siblings before them, risk gradually being eaten away by the rising tides of the world’s warming oceans. For decades, Tuvalu’s leaders have warned about the effects of the world’s emissions on this tiny place. “It’s a matter of disappearing from the surface of this earth,” Kausea Natano, the prime minister, said in September on the sidelines of the United Nations General…