More stories

  • in

    Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed

    A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.A federal judge in Texas on Monday dismissed a lawsuit that Exxon Mobil had filed against an activist investor, Arjuna Capital, over a shareholder proposal that called for cuts in the oil giant’s greenhouse gas emissions.Judge Mark T. Pittman of U.S. District Court for the Northern District of Texas ruled that because Arjuna had withdrawn its proposal and had vowed not to submit similar proposals, Exxon’s claim was moot.“The trend of shareholder activism in this country isn’t going anywhere,” Judge Pittman wrote, but he added that “the court cannot advise Exxon of its rights without a live case or controversy to trigger jurisdiction.”Exxon sued Arjuna and another investor, Follow This, in January to stop their nonbinding resolution from going to a vote of shareholders. A month earlier, Arjuna had filed a proposal for the resolution, which called on Exxon to accelerate its plans to reduce its carbon emissions “and to summarize new plans, targets and timetables,” according to Exxon’s complaint. Follow This then joined in support, the complaint said.In its complaint, Exxon said the proposal “does not seek to improve ExxonMobil’s economic performance or create shareholder value.”“Defendants’ overarching objective is to force Exxon Mobil to change the nature of its ordinary business or to go out of business entirely,” the company said.Judge Pittman dismissed Follow This, which is based in the Netherlands, from the lawsuit in May but allowed the case against Arjuna to continue.Arjuna withdrew the proposal and moved for a dismissal of the lawsuit, which the judge denied “because the proposal’s withdrawal didn’t foreclose the same conduct moving forward.” Arjuna then promised not to put forth similar proposals and said its pledge “forecloses even the remotest chance of another proposal” related to Exxon’s carbon emissions.Judge Pittman’s ruling followed a hearing held on Monday to determine whether Arjuna’s promise made Exxon’s complaint moot.Alain Delaquérière More

  • in

    If Paris Agreement Goals Are Missed, Hudson Bay Polar Bears Could Go Extinct, Study Says

    One group in Hudson Bay might have roughly decade left because sea ice is becoming too thin to support them as they hunt, according to new research. Polar bears in the Southern Hudson Bay could go extinct as early as the 2030s because the sea ice that helps them hunt for food is thinning, a new study suggests.“We’ve known that the loss of Arctic sea ice would spell disaster for polar bears, so this might be the first subpopulation that disappears,” said Julienne Stroeve, the lead author of the study, which was published Thursday in the journal Communications Earth & Environment.Last month, the eastern half of Hudson Bay, home to the world’s most-studied polar bears, went ice free a month earlier than usual.Polar bears are used to an ice-free season of about four months when they rely on fat reserves until ice reforms and they can hunt blubber-rich seals from the floes. But the presence of sea ice doesn’t guarantee the bears will be able to hunt; it needs to be thick enough to support them.While earlier studies looked at the expanse of sea ice coverage to determine the survivability of the species, Dr. Stroeve and her colleagues used climate models from the Intergovernmental Panel on Climate Change’s most recent report to project when the remaining ice would be too thin for the bears to hunt successfully.While there is no consensus on how much ice is needed to support an adult male polar bear, the study relied on field research to determine a base line of about 10 centimeters, or just under four inches. 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

  • in

    Chemical Makers Sue Over Rule to Rid Water of ‘Forever Chemicals’

    Industry groups said the E.P.A. had exceeded its authority in requiring the drinking-water cleanup. The chemicals, known as PFAS, are linked to cancer and health risks.Chemical and manufacturing groups sued the federal government late Monday over a landmark drinking-water standard that would require cleanup of so-called forever chemicals linked to cancer and other health risks.The industry groups said that the government was exceeding its authority under the Safe Drinking Water Act by requiring that municipal water systems all but remove six synthetic chemicals, known by the acronym PFAS, that are present in the tap water of hundreds of millions of Americans.The Environmental Protection Agency has said that the new standard, put in place in April, will prevent thousands of deaths and reduce tens of thousands of serious illnesses.The E.P.A.’s cleanup standard was also expected to prompt a wave of litigation against chemical manufacturers by water utilities nationwide trying to recoup their cleanup costs. Utilities have also challenged the stringent new standard, questioning the underlying science and citing the cost of filtering the toxic chemicals out of drinking water.In a joint filing late Monday, the American Chemistry Council and National Association of Manufacturers said the E.P.A. rule was “arbitrary, capricious and an abuse of discretion.” The petition was filed in the Court of Appeals for the District of Columbia.In a separate petition, the American Water Works Association and the Association of Metropolitan Water Agencies said the E.P.A. had “significantly underestimated the costs” of the rule. Taxpayers could ultimately foot the bill in the form of increased water rates, they said.PFAS, a vast class of chemicals also called per- and polyfluoroalkyl substances, are widespread in the environment. They are commonly found in people’s blood, and a 2023 government study of private wells and public water systems detected PFAS chemicals in nearly half the tap water in the country.Exposure to PFAS has been associated with developmental delays in children, decreased fertility in women and increased risk of some cancers, according to the E.P.A.At a public address ahead of the filing on Monday, Brenda Mallory, chair of the White House’s Council on Environmental Quality, defended the Biden administration’s stringent standards. “Everyone should be able to turn on the tap and know that the glass of water they fill is safe to drink,” she said.At the same event, E.P.A. officials said the new standard was based on the best available science and was designed so that it “would be robust enough to withstand litigation.”The E.P.A. estimates that it would cost water utilities about $1.5 billion annually to comply with the rule, though utilities have said the costs could be twice that amount. States and local governments have successfully sued some manufacturers of PFAS for contaminating drinking water supplies,President Biden’s bipartisan infrastructure law, passed in 2021, sets aside $9 billion to help communities address PFAS contamination. The E.P.A. said $1 billion of that money would be set aside to help states with initial testing and treatment. More

  • in

    ‘Hanging by a Thread’: U.N. Chief Warns of Missing a Key Climate Target

    His comments came as the world body’s weather agency said it expected Earth to soon surpass the record high temperatures experienced in 2023.With the planet in the grips of its highest temperatures in more than 100,000 years, scientists with the United Nations weather agency have crunched the numbers and come to a stark conclusion: More record-hot years are all but inevitable.In the next five years, there’s a nearly 90 percent chance Earth will set yet another record for its warmest year, surpassing the scorching highs experienced in 2023, the World Meteorological Organization said in a report Wednesday.The chances are almost as great that, in at least one of these five calendar years, the average global temperature will be 1.5 degrees Celsius, or 2.7 degrees Fahrenheit, higher than it was at the dawn of the industrial age. That’s the level of warming that countries set out to avoid under the 2015 Paris Agreement.“The target of limiting long-term global warming to 1.5 degrees Celsius is hanging by a thread,” the United Nations secretary general, António Guterres, said in a speech in New York City on Wednesday. He called for urgent action in a number of areas, including slashing carbon dioxide emissions and adopting renewable energy, helping poor countries finance their climate plans, and clamping down on the fossil fuel industry.On the last subject, Mr. Guterres reiterated past exhortations to end taxpayer subsidies for oil and gas. But he also turned his attention to a new target: He urged governments to ban advertising by fossil-fuel companies, comparing oil and coal producers to the tobacco industry, which faces advertising restrictions worldwide. And he urged the news media and tech companies to stop displaying their ads.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

  • in

    The Climate Challenges That India’s Next Government Will Face

    India, the world’s most populous country, is also among the most vulnerable to climate hazards. That’s not only because of the heat and floods that global warming has exacerbated, but also because so many of the country’s 1.4 billion people are vulnerable to begin with. Most people are poor, by global standards, and they have no safety net.Early election results Tuesday signaled that the party led by Narendra Modi, the two-term Hindu nationalist Indian prime minister, is poised to win the largest number of seats in the Indian Parliament but may have to join with smaller parties to form a coalition government.That government will face major challenges brought on by climate change.Heat is now an election issue, literally.The six-week process of voting took place amid a scorching heat wave in several parts of the country. In the northern states of Bihar and Uttar Pradesh, at least 33 people, including poll workers, died of complications from the heat last week, according to government authorities cited by Reuters.Rohit Magotra, deputy director of Integrated Research and Action for Development, called on national election officials to reschedule elections in the future to avoid such calamities. He pointed out that workers from every political party suffer in the heat, and so do voters, who often have to line up under the sun.“I definitely see the momentum building up, and elections are unlikely to be scheduled in peak summer in future,” said Mr. Magotra, whose organization has advocated heat solutions in Indian cities.The Election Commission this year did set up a task force to monitor weather conditions, but only after voting got underway amid abnormally high temperatures. It also sent election workers a list of heat precautions prepared by the National Disaster Management Agency. However, according to a report published in Scroll, an Indian news site, political-party campaigners were not told to do anything differently because of the heat.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

  • in

    Electricity From Coal Is Pricey. Should Consumers Have to Pay?

    Environmental groups are making a new economic argument against coal, the heaviest polluting fossil fuel. Some regulators are listening.For decades, environmentalists fought power plants that burn coal, the dirtiest fossil fuel, by highlighting their pollution: soot, mercury and the carbon dioxide that is dangerously heating the planet.But increasingly, opponents have been making an economic argument, telling regulators that electricity produced by coal is more expensive for consumers than power generated by solar, wind and other renewable sources.And that’s been a winning strategy recently in two states where regulators forbade utilities from recouping their losses from coal-fired plants by passing those costs to ratepayers. The Sierra Club and the Natural Resources Defense Council, two leading environmental groups, are hoping that if utilities are forced to absorb all the costs of burning coal, it could speed the closures of uneconomical plants.The groups are focused on utilities that generate electricity from coal and also distribute it. Those utilities have historically been allowed to pass their operating losses to customers, leaving them with costly electric bills while the plants emitted carbon dioxide that could have been avoided with a different fuel source, according to the environmental groups.About 75 percent of the nation’s roughly 200 coal-fired power plants are owned by utilities that control both generation and distribution.In 2023, utilities across the United States incurred about $3 billion in losses by running coal-fired power plants when it was cheaper to buy power from lower-cost, less polluting sources, according to RMI, a nonprofit research organization focused on clean energy. About 96 percent of those losses were incurred by plants that controlled both power generation and distribution, the organization 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

  • in

    Greece Is Betting Big on Liquefied Natural Gas From the U.S.

    When a withering financial crisis forced Greece to rethink its economy a decade ago, it bet big on green power​. Since then, Greece’s energy transition has been so swift “it almost feels utopian​,”​ one Greek environmentalist said.​Mountainous ridgelines and arid islands ​are covered in wind turbines and solar panels​ that ​today provide nearly two-thirds of the nation’s electricity.​​​But ​now Greece​ is deliberately pivoting back toward fossil fuels, just not to burn at home. This time it’s betting that it can become one of Europe’s main suppliers of natural gas, with much of it shipped from the United States.Both Greek and European Union subsidies have funded new pipelines that crisscross the country and connect to a brand-new import terminal that will send gas to a broad swath of Central and Eastern Europe for decades to come.The investments in Greece are part of a deluge of investments into natural gas around the world, with significant consequences for climate change. In coming years, nearly a trillion and a half dollars will go into constructing pipelines and terminals, according to Global Energy Monitor. Twenty percent of that spending is in Europe.The world’s pivot to gas speaks to a kind of hedging that increasingly defines global climate negotiations: While nations have agreed on the necessity to transition away from fossil fuels as quickly as possible, almost all major economic powers are promoting gas as a “transition fuel.”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

  • in

    Damages From PFAS Lawsuits Could Surpass Asbestos, Industry Lawyers Warn

    At an industry presentation about dangerous “forever chemicals,” lawyers predicted a wave of lawsuits that could dwarf asbestos litigation, audio from the event revealed.The defense lawyer minced no words as he addressed a room full of plastic-industry executives. Prepare for a wave of lawsuits​ with​ potentially “astronomical” costs​. Speaking at a conference earlier this year, the lawyer, Brian Gross, said the coming litigation could “dwarf anything related to asbestos,” one of the most sprawling corporate-liability battles in United States history.Mr. Gross was referring to PFAS, the “forever chemicals” that have emerged as one of the major pollution issues of our time. Used for decades in countless everyday objects — cosmetics, takeout containers, frying pans — PFAS have been linked to serious health risks including cancer. Last month the federal government said several types of PFAS must be removed from the drinking water of hundreds of millions of Americans.“Do what you can, while you can, before you get sued,” Mr. Gross said at the February session, according to a recording of the event made by a participant and examined by The New York Times. “Review any marketing materials or other communications that you’ve had with your customers, with your suppliers, see whether there’s anything in those documents that’s problematic to your defense,” he said. “Weed out people and find the right witness to represent your company.”A spokesman for Mr. Gross’s employer, MG+M The Law Firm, which defends companies in high-stakes litigation, didn’t respond to questions about Mr. Gross’s remarks and said he was unavailable to discuss them.A wide swathe of the chemicals, plastics and related industries are gearing up to fight a surge in litigation related to PFAS, or per- and polyfluoroalkyl substances, a class of nearly 15,000 versatile synthetic chemicals linked to serious health problems.PFAS chemicals, short for per- and polyfluoroalkyl substances, have been detected almost everywhere scientists have looked: in drinking water, in rain falling over the Great Lakes, even in Antarctic snow. They are thought to be present in the blood of nearly every American. Researchers have linked exposure to PFAS to testicular and kidney cancers, developmental delays in children, decreased fertility, liver damage and thyroid disease. The man-made chemicals are so long-lasting that scientists haven’t been able to reliably identify how long it might take for them to break down.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