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      Court Temporarily Halts S.E.C.’s New Climate Rules

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      Two fracking companies had challenged requirements that some businesses disclose more information about the risks they face from climate change.A federal court on Friday temporarily halted new rules from the Securities Exchange Commission that require public companies to disclose more about the business risks they face from climate change, siding with two oil and gas companies that criticized the requirements as costly and arbitrary.Approved by the S.E.C. this month, the rules require some publicly traded companies to disclose their climate risks, and how much greenhouse gas emissions they produce. Industry groups, as well as their political allies, have filed numerous lawsuits challenging the regulation.The U.S. Chamber of Commerce, which represents a wide cross-section of industries, filed suit in the U.S. Court of Appeals for the Fifth Circuit this week to stop the rules, calling them unconstitutional. Ten Republican-led states have also sued to stop the rules.The emergency stay granted by Fifth Circuit judges on Friday came in a case brought by two fracking companies, Liberty Energy and Nomad Proppant Services. “There is no clear authority for the S.E.C. to effectively regulate the controversial issue of climate change,” the two companies wrote in their petition. They were “arbitrary and capricious,” the two companies said, and violated the First Amendment, which protects free speech, by “effectively mandating discussions about climate change.”In addition, the rules would cost companies “irreparable injury in the form of unrecoverable compliance costs,” they said.Climate disasters, including extreme weather like hurricanes, floods and drought, are taking a rising toll on people as well as businesses around the world. In 2023, the United States experienced a record 28 weather and climate disasters that cost at least $1 billion each, according to the National Oceanic and Atmospheric Administration. Treasury Secretary Janet Yellen said last year that losses tied to climate change could “cascade through the financial system.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Winter Heat Waves and Hottest Ocean Ever

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      Recent heat waves in cities worldwide have the hallmarks of global warming, researchers said. And last month was the hottest February on record.Winter was weirdly warm for half the world’s population, driven in many places by the burning of fossil fuels, according to an analysis of temperature data from hundreds of locations worldwide.That aligns with the findings published late Wednesday by the European Union’s climate monitoring organization, Copernicus: The world as a whole experienced the hottest February on record, making it the ninth consecutive month of record temperatures. Even more startling, global ocean temperatures in February were at an all-time high for any time of year, according to Copernicus.Taken together, the two sets of figures offer a portrait of an unequivocally warming world that, combined with a natural El Niño weather pattern this year, has made winter unrecognizable in some places.The first analysis, conducted by Climate Central, an independent research group based in New Jersey, found that in several cities in North America, Europe and Asia, not only was winter unusually warm, but climate change played a distinctly recognizable role.Climate Central looked at anomalies in December and January temperature data in 678 cities worldwide and asked: How important are the fingerprints of climate change for these unusual temperatures? That is to say, its researchers tried to isolate the usual variability of the weather from the influence of climate change.“There’s the temperature,” said Andrew Pershing, Climate Central’s vice-president for science, “and then there’s our ability to really detect that climate signal in the data.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      S.E.C. to Approve New Climate Rules Far Weaker Than Originally Proposed

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      The rules, designed to inform investors of business risks from climate change, were rolled back amid opposition from the G.O.P., fossil fuel producers, farmers and others.The Securities and Exchange Commission is expected on Wednesday to approve new rules detailing if and how public companies should disclose climate risks and how much greenhouse gas emissions they produce, but there are fewer demands on businesses than the original proposal made about two years ago.The rules represent a step toward requiring corporations to inform investors of both their climate emissions, as well as the business risks that they face from floods, rising temperatures and weather disasters. An earlier and more all-encompassing proposal faced outspoken Republican backlash and opposition from a range of companies and industries, including fossil fuel producers.The main difference: Under the original proposal, large companies would have been required to disclose not just planet-warming emissions from their own operations, but also emissions produced along what’s known as a company’s “value chain” — a term that encompasses everything from the parts or services bought from other suppliers, to the way that people who use the products ultimately dispose of them. Pollution created all along this value chain could add up.Now, that requirement is gone.In addition, the biggest companies will have to report the emissions they directly produce, but only if the companies themselves consider the emissions “material,” or of significant importance to their bottom lines, a qualification that leaves corporations leeway. Thousands of smaller businesses are exempt, another big change from the original proposal, which would have required all publicly traded corporations to disclose their direct emissions.Also gone from the final rules is a requirement that companies state the climate expertise of members on their board of directors.But the directive for companies to disclose significant risks related to climate change — for example, risks to waterfront properties owned by a hotel chain from rising sea levels and storm surges — survived.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Global Warming Is Particularly Bad for Women-Led Families, Study Says

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      New U.N. research shows that climate change disproportionately erodes income in households led by women in poorer countries. But there are ways to fix it.Extreme heat is making some of the world’s poorest women poorer.That is the stark conclusion of a report, released Tuesday, by the United Nations Food and Agriculture Organization, based on weather and income data in 24 low- and middle-income countries.The report adds to a body of work that shows how global warming, driven by the burning of fossil fuels, can magnify and worsen existing social disparities.What does the report find?The report concludes that while heat stress is costly for all rural households, it is significantly more costly for households headed by a woman: Female-headed households lose 8 percent more of their annual income compared to other households.That is to say, extreme heat widens the disparity between households headed by women and others. That’s because underlying disparities are at play.For instance, while women depend on agricultural income, they represent only 12.6 percent of landowners globally, according to estimates by the United Nations Development Program. That means women-headed households are likely to lack access to essential services, like loans, crop insurance, and agricultural extension services to help them adapt to climate change.The report is based on household survey data between 2010 and 2020, overlaid with temperature and rainfall data over 70 years.The long-term effect of global warming is also pronounced. Female-headed households lose 34 percent more income, compared to others, when the long-term average temperature rises by 1 degree Celsius.The average global temperature has already risen by roughly 1.2 degrees Celsius since the start of the industrial age.Flooding similarly suppress the incomes of female-headed households more than it does other kinds of households, according to the report, but to a lesser degree than heat.“As these events become more frequent, the impacts on peoples’ lives will deepen as well,” said Nicholas Sitko, an economist with the Food and Agriculture Organization and the lead author of the report.Why does it matter?There’s been growing attention in recent years to the disproportionate harms of extreme weather, sometimes aggravated by climate change, on low-income countries that produce far less greenhouse gas emissions, per person, than wealthier, more industrialized countries.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Inside the E.P.A. Decision to Narrow Two Big Climate Rules

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      Michael Regan, the E.P.A. administrator, said the Biden administration would meet its climate goals despite tweaking regulations on automobiles and power plantsPresident Biden’s climate ambitions are colliding with political and legal realities, forcing his administration to recalibrate two of its main tools to cut the emissions that are heating the planet.This week the Environmental Protection Agency said it would delay a regulation to require gas-burning power plants to cut their carbon dioxide emissions, likely until after the November election. The agency also is expected to slow the pace at which car makers must comply with a separate regulation designed to sharply limit tailpipe emissions.Michael S. Regan, the administrator of the E.P.A., said on Friday that changes to the two major regulations wouldn’t compromise the administration’s ability to meet its target of cutting United States emissions roughly in half by 2030. That goal is designed to keep America in line with a global pledge of averting the worst consequences of a warming planet.“We are well on our way to meeting the president’s goals,” Mr. Regan said in a telephone interview from Texas. “I am very confident that the choices we are making are smart choices that will continue to rein in climate pollution.”But experts said the Biden administration is making significant concessions in the face of industry opposition and unease in the American public about the pace of the transition to electric vehicles and renewable energy, as well as the threat of legal challenges before conservative courts.“There are two key factors: the Supreme Court, and the election,” said Jody Freeman, the director of the Harvard Law School Environmental and Energy Law Program and a former Obama White House official. “There are some adjustments needed for both,” she said. “You’ve got make sure these final rules are legally defensible, and you’ve got to make sure you’ve done enough for the stakeholders that you have support for the rules.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      2 Charged After Pouring Red Powder Over Case Holding U.S. Constitution

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      Two activists poured the powder over the protective case at the National Archives Museum last month to call attention to climate change, prosecutors said.Two climate activists who dumped red powder over the display case that contains the U.S. Constitution at the National Archives Museum last month were charged on Thursday with destruction of government property, prosecutors said.The activists, Donald Zepeda, 35, of Maryland, and Jackson Green, 27, of Utah, poured the powder over the display case in the rotunda of the building on Feb. 14 as part of a “stunt, which was intended to draw attention to climate change,” the U.S. Attorney’s Office for the District of Columbia said in a statement on Friday.During the episode, which officials said was captured on video by supporters of Mr. Green, the two men also poured red powder over themselves and then stood before the Constitution as they called for solutions to climate change.The Constitution was not damaged, according to the National Archives Museum, which said that the powder was found to be a combination of pigment and cornstarch.“Fortunately, the four pages of the Constitution on display were not at risk for damage by this incident,” said Stephanie Hornbeck, a national preservation program officer.The rotunda was closed after the episode, which cost more than $50,000 to clean up, prosecutors said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      New E.P.A. Rules Aim to Minimize Damage From Chemical Facilities

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      The rules require facilities to explicitly address threats such as wildfires or flooding, including those linked to climate change.The Biden administration issued new rules on Friday designed to prevent disasters at almost 12,000 chemical plants and other industrial sites nationwide that handle hazardous materials.The regulations for the first time tell facilities to explicitly address disasters, such as storms or floods, that could trigger an accidental release, including threats linked to climate change. For the first time, chemical sites that have had prior accidents will need to undergo an independent audit. And the rules require chemical plants to share more information with neighbors and emergency responders.“We’re putting in place important safeguards to protect some of our most vulnerable populations,” Janet McCabe, Deputy Administrator of the Environmental Protection Agency, told reporters ahead of the announcement.Administration officials called the stronger measures a step forward for safety at a time when hazards like floods and wildfires — made more extreme by global warming — pose a threat to industrial sites across the country. In 2017, severe flooding from Hurricane Harvey knocked out power at a peroxide plant outside Houston, causing chemicals to overheat and explode, triggering local evacuations.Some safety advocates said the rules don’t go far enough. They have long called for rules that would make facilities switch to safer technologies and chemicals to prevent disasters in the first place. The new regulations stop shy of such requirements for most facilities.The lack of tougher requirements was particularly disappointing, the advocates said, because President Biden championed similar measures, as senator, to bolster national security.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Can-Am Crown Sled Dog Race: Lack of Snow Forces Cancellation

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      The decision to call off the Can-Am Crown International Sled Dog Race for the first time since its inception three decades ago was a matter of safety, organizers said.Jonathan Hayes woke up at 5 a.m. in rural Maine to feed his 20-some dogs Monday morning, and his heart sank when he learned that the sled race they had been training for since the fall was canceled.The Can-Am Crown International Sled Dog Race, the longest sled-dog race in the Eastern United States, will be canceled because of a lack of snow for the first time since the race’s inception more than three decades ago, event organizers said.The news came as a blow to the mushers who spent long hours training to prepare for the event, which was to be held from March 1 to March 5 in Fort Kent, Maine, which borders Canada.Mr. Hayes, a high school biology teacher, had spent hours training with his dogs after his family went to bed. “I’ve been pushing myself training and conditioning for the last six months for something that just got canceled,” Mr. Hayes said. “It’s hard.”The decision to cancel was a matter of safety, said Dennis Cyr, president of Can-Am. Since there isn’t as much snow this year, there will be an abundance of vegetation, brush, rocks and gravel exposed on the trails.“It wouldn’t be safe to run the dogs, or the volunteers to be out at the remote checkpoints,” Mr. Cyr said. “We don’t want to expose our mushers to that or ruin our reputation by having a sloppy race this year.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More