By not mentioning coal, Xi Jinping has given China wiggle room to keep pumping more carbon until 2030, writes @davidfickling (via @opinion) https://t.co/vonlr46fkJ ...

RT Bloomberg Live (@BloombergLive)"Irrespective of who caused the problem we need to be part of the solution because we [India] are going to be impacted more than a lot of other countries," @ReNewCorp @sumant_sinha #BloombergGreen #ClimateWeekNYC⏯️ https://t.co/VGH9Z3QfOI https://t.co/YjFxhjwuTt ...

Group 1 - Tesla has requested the EPA to maintain current vehicle emissions standards, diverging from other major automakers who favor easing the rules [1][2] - The request coincides with President Trump's remarks at the UN General Assembly, where he dismissed climate change as a "con job" [1] - Tesla aims to preserve the 2009 Endangerment Finding, which underpins many environmental regulations, asserting it is based on a solid scientific foundation [1] Group 2 - The EPA has been soliciting comments on proposed rollbacks of environmental rules since August, with the agency's administrator warning that such actions would undermine climate change efforts [2] - Tesla's business model benefits from stricter environmental regulations, as it receives substantial payments from other automakers that fail to meet emissions goals by selling them credits [2] - While advocating for the maintenance of standards, Tesla expressed willingness to discuss ways to streamline them to ensure their continuation [2]

Core Viewpoint - The U.S. administration plans to keep most coal-fired power plants operational to meet the increasing electricity demand driven by artificial intelligence, while also expanding nuclear energy and utilizing backup power plants continuously [1][2]. Group 1: Coal-Fired Power Plants - The administration expects the majority of U.S. coal plants nearing retirement to delay closure as part of a strategy to enhance power output [2][3]. - Energy Secretary Chris Wright indicated that the government is prepared to use emergency powers to extend the life of coal-fired plants, including a recent order to keep a Michigan coal plant running despite its planned closure [3][4]. - The focus is on preventing the retirement of existing firm capacity to avoid blackouts and manage utility prices [2][4]. Group 2: Nuclear Energy - The White House aims to boost nuclear energy through regulatory reforms to expedite permitting and support new nuclear technologies [5]. - Two previously shut nuclear power plants, including the Three Mile Island facility, are in the process of being restarted to provide electricity for data centers [6]. Group 3: Backup Power and Grid Stability - The administration plans to maximize the existing grid's output by running backup generators and standby power plants continuously, rather than only during peak demand [4].

Core Insights - The current sentiment among investors is mixed, with some feeling pessimistic due to geopolitical dynamics and climate risks, while others see opportunities for investment in climate adaptation and resilience [2][9][10] Climate Change and Investment - Global warming is projected to reach 3.6 degrees Celsius by the end of the century if current trends continue, highlighting the urgency of addressing climate risks [3] - Despite rising absolute emissions, carbon intensity has decreased by 20% for global indices last year, indicating a shift towards corporate climate objectives, especially in Europe where over 60% of market capitalization is aligned with climate goals [6][7] Geopolitical Dynamics - Geopolitical tensions, particularly between the US and other regions like Europe and China, are influencing energy policies and investment strategies, with a focus on energy self-sufficiency and national security [14][16][19] - The shift in US political sentiment regarding climate change has created uncertainty for investors, particularly those reliant on current policies [13][9] Market Trends and Opportunities - There is a growing recognition of the need for strategic autonomy in energy, which is driving investment allocation towards climate objectives and industrial plans [8] - The demand for transparency in asset management is increasing, with institutional investors seeking alignment with sustainability credentials of asset managers [22][25] Physical Risk and Adaptation - Physical climate risks are becoming a major concern for investors, affecting insurance rates and prompting discussions on resilience and adaptation strategies [46][49] - The conversation around adaptation financing is still in early stages, but there is potential for private capital to be allocated alongside public funding to address these challenges [51][54] Conclusion - The complexity of climate-related investment requires a nuanced understanding of both physical risks and geopolitical factors, with a focus on long-term strategies rather than short-term gains [35][40][41]

Environmental Commitment - Amazon is committed to achieving net zero carbon emissions across its global operations by 2040 [1] Industry Presence - Amazon operates in numerous diverse industries [1]

RT Bloomberg Live (@BloombergLive)NOW: #BloombergGreen at #ClimateWeekNYC is live. Don’t miss conversations with @Amazon’s @KaraHurst, @EU_Commission’s @JessikaRoswall, Fortescue’s Andrew Forrest, @ReNewCorp’s @sumant_sinha, @jpmorgan's Sarah Kapnick, and more.https://t.co/H8MBDg3CEw ...

Core Viewpoint - World leaders have been gathering at United Nations Climate Change Conferences for nearly three decades, aiming to collaborate and inspire through declarations, yet the outcomes remain disappointing, as evidenced by the results of COP 29 [1] Group 1 - The intention of collaboration among world leaders at climate conferences has been consistent over the years [1] - Despite sincere efforts, the effectiveness of these conferences has been questioned, particularly following COP 29 [1] - The pattern of outcomes from these conferences has become familiar, indicating a lack of significant progress [1]

The typhoon called the king of storms hammered Hong Kong and southern China with powerful winds and rain so heavy that seaater rushed through the doors of this Hong Kong hotel and swept through the lobby. At the harbor, rescuers pulled a family to safety. While on the coast, cameras captured storm surges inundating restaurants.This owner showing the damage done. It completely gutted right throughout, you know, the whole bottom floor. Pressure of the wave that came right over the wall.In neighboring Macau, s ...

Typhoon Ragasa, the most powerful tropical storm on Earth this year, hammered Hong Kong and southern China. With gusting winds more than 120 mph at times, and rain so heavy, flood water burst through the doors of the city's Fullerton Hotel. The current inside knocking down people in the lobby.The typhoon, which made landfall in the Philippines, has been churning across the South China Sea. It crossed south of Taiwan, causing rough seas and deadly flooding. One video on social media showed a woman clinging t ...