Wednesday, October 5

Tag: Climate Change

Ukraine war, threatening nuclear disaster and highlighting U.N.’s divisions, taking center stage at General Assembly
Politics

Ukraine war, threatening nuclear disaster and highlighting U.N.’s divisions, taking center stage at General Assembly

United Nations — United Nations officials had hoped that this year's General Assembly in New York — the first annual gathering held by the nearly 200 nations of the global body since the coronavirus pandemic struck — would take a broad focus on the many crises facing humanity right now. But with the war in Ukraine threatening to add a nuclear disaster to that long list, it's hard to imagine the UNGA having much attention to spare on the other burning issues.After two years of video and hybrid meetings, the World Series of diplomacy returns to New York this week: Representatives from 193 governments gathered in the iconic General Assembly Hall, including more heads of state than ever before, according to the White House.  This year they meet as the ongoing war in Ukraine presents Eu...
Movement to defund fossil fuels is coming for the private equity industry
Business

Movement to defund fossil fuels is coming for the private equity industry

As Wall Street banks and investors face mounting pressure to disinvest in fossil fuels, the massive private equity industry is taking their place, according to climate activists. The eight largest buyout firms have put nearly as much money into coal, oil and gas as the big banks, according to a recent analysis from the Private Equity Stakeholder Project and Americans for Financial Reform Education Fund (AFREF).The firms, which include Apollo Global Management, Blackstone Group, Brookfield Asset Management, Carlyle Group, KKR and Warbug Pincus, collectively oversee $216 billion worth of fossil-fuel assets — on par with how much money big banks put into fossil fuels last year, the nonprofit groups found. Looking at the 10 largest private equity funds, it found that 80% of their energ...
Electric vehicles are essential in limiting global warming. Experts say they need a clean power grid to maximize their potential.
Business

Electric vehicles are essential in limiting global warming. Experts say they need a clean power grid to maximize their potential.

Electric vehicles are growing in political popularity, with President Biden's signing of the Inflation Reduction Act that invests $400 billion in energy security and fighting climate change and California's push to eliminate new sales of gas-powered cars. Just a simple switch to electric vehicles is crucial and significant in limiting fossil fuels and global warming, but without a clean power grid to back them up, they can't reach their full planet-saving potential. Sam Houston, a senior vehicles analyst for the clean transportation program at the Union of Concerned Scientists, told CBS News just how effective EVs can be.  Passenger vehicles are one of the biggest sources of global warming emissions in the U.S., according to a July report from the Union of Concerned Scientists. The...
Chinese province plans to ban the sale of gasoline-powered cars
Business

Chinese province plans to ban the sale of gasoline-powered cars

Passengers walk by a billboard promoting Buick's new electric-powered SUV at Beijing Capital International Airport in Beijing on August 23, 2022. Hainan island in the South China Sea said it will become China's first region to ban sales of gasoline- and diesel-powered cars as it seeks to cut back on climate-changing carbon emissions. Andy Wong / AP Beijing — Hainan island in the South China Sea says it will become China's first region to ban sales of gasoline- and diesel-powered cars, in an effort to curb climate-changing carbon emissions. Sales of fossil fuel-powered cars will be banned by 2030 and electric vehicles promoted with tax breaks and by expanding a charging network...
By mid-century, a third of Americans will live in dangerously hot areas, report predicts
Business

By mid-century, a third of Americans will live in dangerously hot areas, report predicts

Intense heat this summer has set records in the U.S., with some regions topping 110 degrees. Utah residents suffered through 16 straight days of triple-digit heat — the longest such stretch in the 125 years that records have been kept. Around the world, extreme temperatures have killed thousands in Asia and Europe.Despite this alarming picture of the present, it is likely just the beginning. By mid-century, nearly one-third of U.S. adults are likely to live in counties that experience hazardous heat, according to a new analysis from the First Street Foundation, which predicts a "heat belt" stretching from the Gulf Coast to Chicago.The nonprofit research firm gathered surface temperature data using a peer-reviewed method that taps publicly available data from satellites and weather ...
Pete Davidson, Volodymyr Zelenskyy, Ariana DeBose and Ron DeSantis: Here are Time’s most influential people of 2022
Entertainment

Pete Davidson, Volodymyr Zelenskyy, Ariana DeBose and Ron DeSantis: Here are Time’s most influential people of 2022

Time magazine released its annual list of the 100 most influential people of the year on Monday. The 2022 list includes some of the biggest headline-making celebrities, actors, entrepreneurs, musicians and icons who have left their mark over the past year.Andrew Garfield, Sarah Jessica Parker, Nathan Chen and Mila Kunis were among this year's artist inclusions, while Zendaya, Taika Waititi and genome researchers Michael Schatz, Karen Miga, Evan Eichler and Adam Phillippy were among the inclusions for innovation. The titan category includes Tim Cook, Oprah Winfrey, Michelle Yeoh, Hwang Dong-Hyuk, while Ketanji Brown Jackson, Joe Rogan, Letitia James and President Biden were named for top leaders. Mary J. Blige, Keanu Reeves, Peng Shuai, Colombia abortion advocates Cristina Villarrea...
Heinz Ketchup is getting an eco-friendly makeover: “The ketchup bottle of tomorrow”
Business

Heinz Ketchup is getting an eco-friendly makeover: “The ketchup bottle of tomorrow”

According to food and beverage giant Kraft Heinz, even condiment packaging can be sustainable. The company announced this week that it's pairing up with sustainable packaging company Pulpex to develop a "paper-based, renewable and recyclable bottle." The bottle, Kraft Heinz said, is aimed to be made from "100 percent sustainably sourced wood pulp." Heinz is the first sauce brand to test such packaging, the company said. "This collaboration is the latest step in its journey to reduce its environmental footprint," the company said, adding that it's part of their goal "to make all packaging globally recyclable, reusable or compostable by 2025."  According to Pulpex's website, the containers are made from "sustainably sourced wood pulp" that's accredited b...
Biden administration cancels Alaska oil and gas lease sale
Politics

Biden administration cancels Alaska oil and gas lease sale

The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The decision, which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska, comes at a challenging political moment, when gas prices are hitting painful new highs.In a statement shared first with CBS News, the Department of the Interior cited a "lack of industry interest in leasing in the area" for the decision to "not move forward" with the Cook Inlet lease sale. The department also halted two leases under consideration for the Gulf of Mexico region because of "conflicting court rulings that impacted work on these proposed lease sales."The Interior Department's Bureau of Ocean Energy Management has previously c...
Biden administration cancels Alaska oil and gas lease sale
Politics

Biden administration cancels Alaska oil and gas lease sale

The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The decision, which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska, comes at a challenging political moment, when gas prices are hitting painful new highs.In a statement shared first with CBS News, the Department of the Interior cited a "lack of industry interest in leasing in the area" for the decision to "not move forward" with the Cook Inlet lease sale. The department also halted two leases under consideration for the Gulf of Mexico region because of "conflicting court rulings that impacted work on these proposed lease sales."Federal law requires the Department of the Interior to stick to a five-year ...
Higher gas prices a factor for those considering a hybrid or electric car – CBS News poll
Science

Higher gas prices a factor for those considering a hybrid or electric car – CBS News poll

About a third of U.S. adults would consider an electric car (slightly more would think about a hybrid) if they were in the market for a vehicle, citing higher gas prices as one big reason why, along with the belief that these vehicles are cleaner for the environment. Another quarter say they might consider buying an electric car. But overall, higher gas prices have not prompted more people to consider an electric car than a gas-powered one. Even among those who cite gas prices as a reason they feel the national economy is in bad shape, more would prefer to buy a gas-powered car than a hybrid or electric car. There may be some practical reasons people have for not considering an electric car. In past CB...