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Semafor net zero

The home insurance crisis can’t be fixed with money alone

LA’s wildfires make clear that insurance is too cheap. But geophysics are a bigger problem.
People return to the home after it has been burned down by wildfires in the Los Angeles area, at the Eaton Fire in Altadena, CaliforniaREUTERS/Ringo Chiu

2024 saw 1.5°C warming threshold breached

The international 1.5°C target has not yet been missed, as this refers to a decades-long average, but last year’s record brings the world closer to doing so.
Wilted maize crops in Mumijo, Zimbabwe.Philimon Bulawayo/File Photo/Reuters

Wildfires rip through Los Angeles as tens of thousands evacuate

Experts say wildfires are becoming more frequent and extreme across the world due to climate change.
Vehicles drive along the Pacific Coast Highway, as a wildfire burns in the Pacific Palisades neighborhood of west Los Angeles, California, US.Mike Blake/Reuters

Major shipping nations back flat tax on carbon emissions

Liberia, Panama, and European Union countries were among those that agreed to the proposed levy requiring shipowners to pay for polluting.
Two container ships. Creative Commons

Trump can’t repeal the most important part of Biden’s climate legacy

“The thing that was really revolutionary is the idea of truly marrying economic growth with low carbon.”
Solar panels at the background as U.S. President Joe Biden speaks during a visit to Vernon Electric Cooperative in Westby, Wisconsin.REUTERS/Kevin Lamarque

New lithium reserves discovered in US, China

Lithium is crucial for the construction of batteries for electric vehicles and other green energy technology.
A vehicle is seen near a lithium smelter in Yichun, Jiangxi province, China.Staff/File Photo/Reuters

Germany’s carbon emissions fall to historic low

The decline in emissions was predominantly down to changes made by the energy sector, researchers said.

Why China’s new climate targets matter for everyone

Beijing is set to reveal its post-peaking roadmap for the first time.

Competition for electricity will define the climate beat in 2025

US President-elect Donald Trump will encounter a very different energy market than his last time in office.

AI data centers exacerbate US domestic power issues

The growing electricity demand from data centers is adding pressure on grids.

Extreme weather cost the world billions in 2024

The hottest year on record also saw deadly floods in Africa and Europe, wildfires and hurricanes in North America, and heatwaves in Southeast Asia.

A massive, embattled copper mine in Panama turns to Trump for rescue

Economic competition between the US and China is playing out in Latin America’s mineral mines.

Unburned US coal piles up as global demand soars

The country’s annual burn rate is falling every year as it prioritizes the green energy transition, leaving millions of tonnes of coal sitting at power plants.

Experts question Biden’s parting energy shot at Trump

A long-awaited federal study on gas exports has divided opinions.

Japan boosts renewable energy targets as it tries to catch up with its neighbors

Japan has been slow to adopt renewable energy compared to China and India, as well as G7 countries.

GE Vernova shrugs off proposed Trump tariffs

The energy equipment manufacturer says that some of it’s orders are backlogged until 2029, as global demand soars.

UK government overhauls energy grid, prioritizing renewables

The plans will streamline access for new clean energy projects.

Data centers are dragging Big Oil into the power business

ExxonMobil plans to offer data centers gas plants equipped with carbon capture.