Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that the polar vortex is plunging temperatures to record lows across the Midwest and East Coast, bringing heavy snowfall to unexpected regions. This extreme weather event, linked to climate change, is shutting down businesses and causing economic strain. Airlines, trucking companies, and utilities are already experiencing significant…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Nikola, an electric truck startup once valued at over $30 billion, has filed for bankruptcy. The company struggled to sell its vehicles and technology, leading to a collapse in share prices. This raises concerns that other EV startups, particularly Lucid Motors, could face the same fate….
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that several ski resorts in the Western U.S. are at risk of closing due to low snowfall. While cold weather has hit parts of the Midwest and East, global warming and declining precipitation have kept snow levels low in the Rockies, threatening the ski industry. Many resorts…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that landlords in Los Angeles are illegally raising rents for wildfire victims, making over $8 million per month from this practice. While California law limits rent hikes to 10%, many landlords are charging 50% more. This rent gouging problem is difficult to regulate and has also been…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Ukrainian drone strikes on Russian oil refineries have caused oil prices to spike. A recent attack on a refinery processing 300,000 barrels per day led to a 2% price jump. History shows that even the threat of supply disruptions can drive prices up. If oil surpasses…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on new research showing that charging an EV at home costs about $57 per month, compared to $76 per fill-up for a gas car. However, factors like charging time, accessibility of EV stations, and overall convenience may still discourage many drivers from switching to EVs unless home…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Los Angeles officials plan to sort toxic wildfire debris on popular beaches, raising concerns about environmental damage and economic fallout. The cleanup involves hundreds of tons of hazardous waste, including burned structures and trees, which could cripple tourism in affected areas. While the wildfire itself is…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that wealthy nations are causing severe biodiversity loss in poorer countries by importing agricultural products. A study in Nature shows that some nations, including the United States, are destroying 15 times more biodiversity abroad than within their own borders. Additionally, rich nations are failing to deliver promised…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that coffee prices have doubled in the past year due to climate change, with Brazil’s droughts and supply disruptions in Vietnam driving up costs. Starbucks and other coffee chains have raised prices, making coffee less affordable for many. If climate conditions don’t improve, prices could rise another…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that air conditioning is becoming a major driver of global electricity demand. According to the IEA, worldwide electricity use will rise by an amount equal to Japan’s total annual consumption by 2027, driven by industrial growth, electrification, data centers, and surging A/C use. As extreme heat events…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on the expanding global megadrought crisis. The Southwestern U.S. is facing a 1,200-year drought, while Chile and Argentina are experiencing similar devastating dry spells. These massive droughts, some as large as entire U.S. states, are wiping out agriculture, worsening water shortages, and accelerating climate risks worldwide.
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on federal firefighter layoffs, which could impact up to 18,000 personnel. The cuts come just as major wildfires in Los Angeles are being contained, raising concerns about how future fires will be managed. Experts warn that without these firefighters, U.S. cities will be at greater risk when…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on a massive red tide bloom off Florida’s west coast, which is killing marine life and posing a danger to humans. These blooms, worsened by climate change and agricultural runoff, are spreading to other regions, including the Great Lakes. The situation is expected to cause beach closures…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that historic cold temperatures across the U.S. are damaging multiple industries. A dip in the polar vortex, linked to global warming, is leading to airport closures, trucking delays, rising municipal costs, and widespread small business shutdowns. As extreme winters become more common, business disruptions from severe cold…
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that a San Francisco Federal Reserve study reveals retirees are reconsidering Florida due to extreme weather risks and rising home insurance costs. As a result, many are choosing to stay further north or move to other southern states. If this trend continues, Florida’s decades-long population growth could…
Doug McIntyre and David Callaway discuss the declining urgency around climate action, particularly in the U.S. McIntyre laments that people no longer seem motivated by concern for future generations, noting that activism has largely disappeared. Callaway agrees, observing that the public mindset has shifted toward individual survival rather than collective action. However, he points to…
Doug McIntyre and David Callaway discuss which countries are taking climate change seriously, pointing to Nordic nations—especially Norway—as leading the way. Callaway highlights how nearly 97% of cars in Norway are electric, a result of strong government policies and public willingness to pay higher taxes for a cleaner environment. However, he acknowledges that achieving such…
Doug McIntyre and David Callaway discuss the decline of BP’s renewable energy ambitions and what it means for the broader industry. Callaway explains how BP, once a leading investor in wind and solar, is now struggling with stock performance, facing pressure from activist investors, and potentially breaking up its renewable assets. The conversation raises concerns…
Doug McIntyre and David Callaway discuss the rapid expansion of AI data centers and the massive energy demand they will create. With tech giants investing hundreds of billions into AI infrastructure, energy supply may struggle to keep up. They also touch on China’s DeepSeek AI, which briefly shook U.S. tech stocks by claiming it could…
Doug McIntyre and David Callaway discuss the recent surge in utility stocks, particularly those supplying electricity, which are now outperforming even mega-cap tech stocks. As energy demand skyrockets, investor interest in utilities is growing, with potential for mergers and acquisitions. They also explore the rise of direct energy investments for AI data centers, which could…
Doug McIntyre and David Callaway discuss the rapid advancements in electric vehicle (EV) technology, particularly in China. BYD, the Chinese EV giant, has unveiled a $9,555 electric car equipped with AI-assisted driving technology that rivals Tesla’s. While the U.S. slows its EV investments, China is aggressively expanding, potentially dominating global markets. With Europe considering Chinese…