Misogyny. This specific political tendency is called misogyny.

If anyone is working on "the methodology of LPE", hit me up; I hope to have a new working paper on this to share in coming weeks.

Wherein private equity closed-end funds discover something called physical risk.

the terminology of climate finance has been and remains so annoying where "climate risk" mainly refers to the "risk" that the world transitions off fossils (which btw is mostly driven by factors not related to climate change, hello Hormuz) and physical risk and disasters are completely ignored

guess the many El Niño epithets in the spring weren’t so overblown

"wait, it gets worse"

“The rise in observed temperatures in France has outpaced projections made by climate models, with June maximum temperatures more in line with what was expected for the 2070s.”

Here is a plot of the hottest day in June in an ensemble of bias-adjusted models vs. observations. You can see how models are underpredicting extreme temperatures.

40 million people rely on the Colorado River and its reservoirs for water & power. But “Lake Powell stands at just 37ft above the level at which electricity-generating turbines start to fail. Nearly 6m households and businesses rely on the power generated by Lake Powell’s Glen Canyon power plant.”

Heat waves are becoming more common and intense as a result of climate change — and roads are suffering as a result. Are the nation's roads up to meeting the challenge of a warmer, wetter future?

cheering for the heat pump ad

Good news: We can tell you how much the globe will warm if we continue to burn fossil fuels and emit CO₂ at an alarming rate. Bad news: We’re terrible at telling you how bad the impacts will be, and they’re consistently worse than we predicted.

good quote from @frediotto.bsky.social “It’s not so important whether it’s what we expected as experts. It’s whether it’s what we expect as people on the ground.” Time to expand and improve local-scale risk forecasting pipelines

This is a clear example of a compound hazard event (i.e., amplified societal impacts). Severe thunderstorms knocked out power for nearly 250,000 people last night, and many are now seeing near-record heat today while still without electricity. Orange: heat advisories Pink: excessive heat warnings

I assumed everyone knew this was predicted to occur when they sacked 50% of the NOAA staff and started canceling weather balloons that collect data last year; but if not. 👇

Climate change is coming for our feats of gratuitous gluttony

The cascading horrors of climate change: "According to a state report released Friday night, the Yonkers plant lost power because of extreme heat and humidity and could not transfer power over to its generators."

Although I would expect Isabella-Weber-apology-form.jpg to be getting a few downloads with respect to the behavior of many Men O' Economics, the slightly heartening thing here is that it only took a very preliminary threat of legal action to get them to knock it off.

yikes

🚨 I’m pleased to share a new open-access article published today in the Review of Environmental Economics and Policy: “Managing Unpriced Climate Risks in US Housing Markets” 🚨

ze plan

law professors having a time

a lot of people have heard about the rooftop solar boom in Pakistan Looks like same thing is now unfolding in the Philippines www.reuters.com/business/ene...

On behalf of all my friends who have put in so much hard work at the ENVIRONMENT and Natural Resources Division, fuck this!!!

We have Slaughter and Cook. By a 6–3 vote, SCOTUS overturns Humphrey's Executor and lets Trump fire heads of independent agencies. But by a 5–4 vote, it refuses to let him fire Lisa Cook from the Federal Reserve. www.supremecourt.gov/opinions/25p... www.supremecourt.gov/opinions/25p...

War and Climate Change: at least one of the several forest fires in Germany at the moment is thought to have been cause by WWII ammunition exploding/causing fires because of the heat.

jfc

i see we’re having the same arguments we have had continually since at least like 2019 re carbon capture and AC love to make no progress

This piece is really good on how to design industrial policy to promote competition. lpeproject.org/blog/the-dil...

If I had a big pile of money for climate stuff, I'd start a nonprofit heat pump installation firm in a dense city. Integrate as much of the supply chain as possible and show what the true deployment cost is without all the profit siphons along the chain from manufacturers, distributers, installers.

this whole thing is so wild people reconstructing/rediscovering how stock markets work (for the worse) but over discord

Dang hallmark is really going for it these days

As I wrote earlier, the idea of just letting Lake Powell die to save Mead and the Colorado is gaining traction. But that’s no solution to the river’s bigger problems Gift link: www.bloomberg.com/opinion/arti...

Yes, saw those - excellent way to visualise it, similar to what we used in the Well Adapted UK report. But it still doesn't capture how frequently these events will occur, or how long they'll last. Some years in the climate projections are essentially one continuous heatwave.

three French nuclear reactors had to be shut down because the river they use for cooling got too hot and trains canceled in three other countries due to possible track buckling

NEW: For decades, oil companies have funded universities’ research into climate change “solutions” that would not require the public to stop using oil and gas. Carbon capture is one of their favored ideas. One snag: It won’t fix the climate crisis. w/ @drilledmedia.bsky.social

Thomas, concurring, votes for preemption ... but also suggests that the entire federal law that regulates pesticides is unconstitutional for at least three reasons. So he thinks the law is unconstitutional but will still wield it to preempt state-law claims? www.supremecourt.gov/opinions/25p...

The London Ambulance Service responded to the highest number of life-threatening emergencies in its history yesterday. The Chief Executive said this was "driven by the extreme heat across London".

cursed subheadline

would love to see the modeling behind the 20-year price outlook lot of shit going to go down between now and 2046

reupping this: this is a paper I would very much love to read. seems like certain things (european temp extremes) are happening earlier than certain entities forecasted while other impacts (retreat in glacier national park) have been slower and would loooove to read a meta analysis of why, etc.

Irony is dead

people who aren't affiliated with law schools might not know that law firm hiring has gone completely off the rails including hiring students based on one semester of grades and then paying them tens of thousands of dollars to not work for a different firm the summer preceding they even intern

this is cool as shit

Spoke last week to Law360 about California's proposal to require insurers to do long-term (ie out to 2050) assessment of solvency risks. With the federal government being what it is, this is kind of the only climate finreg game in town

Today, Amy Kapczynski (@akapczynski.bsky.social) takes on two ideas that have been making the rounds in law and economics circles: that LPE is anti-empirical, and that contemporary L&E has shed its earlier normative commitments. A must-read for anyone following the L&E vs. LPE debate🔥

Here's the CCC's @elpinchbeck.bsky.social speaking today in front of the Met Office's new "future forecast" for a... ..."plausible 2056 heatwave". Yes, that's showing 45C (113F) in the Bristol area! With exquisite timing, the UK's all-time June temp record is due to be broken this week.

I remember the July 2022 European heatwave pretty well including that one UK hospital had a bunch of seagulls in it because they kept the doors open for cooling… do you think they have installed AC in the intervening 4 years?