Daily updates on climate change and the global economy.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Huge thanks to Gerry for being this month’s sponsor. He has asked me to post the following: Still alive in ’25 – we’re all in this together! Find supportive community and resources at postdoom.com (founded by Michael Dowd; RIP).


“Top financial watchdog warns climate change set to trigger market panics… The Financial Stability Board said the financial damage of climate shocks such as floods, droughts, fires or storms could cause a broader pullback in lending and downturn in investor confidence…

““There could also be an abrupt, broad-based repricing of climate-physical risk, as the expectation of larger future losses are incorporated into current prices and impact sectors and jurisdictions not currently directly affected by disasters,” the body said.”

https://www.ft.com/content/c907d5f7-1a85-4527-8970-d0e157138f7e


“Peering Into a Bleak, ‘Uninsurable Future’…

“…climate change is fueling a new era of so-called “unnatural disasters,” from supercharged storms to cataclysmic flooding, that are triggering major shifts in the insurance market across the United States.”

https://insideclimatenews.org/news/17012025/todays-climate-los-angeles-fires-insurance/


“Planet-warming gas levels rose more than ever in 2024…

“Concentrations of carbon dioxide (CO2) are now more than 50% higher than before humans started burning large amounts of fossil fuels… “Limiting global warming to 1.5C would require the CO2 rise to be slowing, but in reality the opposite is happening,” says Richard Betts of the Met Office.”

https://www.bbc.co.uk/news/articles/c30dn5dn53jo


“Once a month I post my “Future Keeling Curve” …It shows “Net-Zero” being reached in 2113, as of the latest data…

“Hey Guardian & MET — this is what the *actual* future Keeling curve looks like.” [Prof Eliot Jacobson]

https://bsky.app/profile/climatecasino.net/post/3lfxslxqf3c2g


“Study shows hot leaves can’t catch carbon from the air. It’s bad news for rainforests – and Earth…

“…rising temperatures will severely affect the ability of tropical forests to photosynthesise. This will hinder their capacity to absorb carbon dioxide from the atmosphere, reducing their role in mitigating global warming and exacerbating climate change.”

https://theconversation.com/study-shows-hot-leaves-cant-catch-carbon-from-the-air-its-bad-news-for-rainforests-and-earth-246975


“In 2024, Earth received about 2.9 millimetres of rain per day. That may not sound like much, but it could represent a new record amount of precipitation for the planet.

“Last year’s global average precipitation was about 3 per cent greater than the average since records began in 1983, and it just surpasses the previous record, set in 1998.”

https://www.newscientist.com/article/2464556-2024-may-have-been-the-rainiest-as-well-as-hottest-year-on-record/


“Damaging Megadroughts Are Spreading Around the World…

“…over the past 40 years, megadroughts hit every continent but Antarctica. Mongolia, southeastern Australia and the western US were among the regions with the highest density of severe multi-year drought events. The longest drought in their research, though, was one in the eastern Congo basin that lasted a decade.”

https://www.insurancejournal.com/news/international/2025/01/17/808719.htm


“Global temperatures have started 2025 at record-setting levels – above where they were in January 2024 despite the emergence of modest La Nina conditions in the tropical Pacific…

“January …has a ~50% chance to set a new all-time record for the warmest January.” [Zeke Hausfather]

https://x.com/hausfath/status/1880313737350979690


“I’m not sure why the sea surface temperature of the sub polar region of the North Atlantic (the region just South of Greenland) is spiking, but it is…

“Here’s a picture of the region:” [Prof Eliot Jacobson]

https://bsky.app/profile/climatecasino.net/post/3lfxjchmy7k2x


“Extraordinary heat in Northern Europe: 17th day of records broken in Europe in 17 days this month/year: arguably it never happened before in climatic history.

“FINLAND also with rare >+9C [48.2F] yesterday. Most important records broken: 8.0 Virrat; 5.4 Rautavaara.”

https://x.com/extremetemps/status/1880281988910997506


“Røros, the coldest place in southern Norway, has the last days experienced an unparalleled January heat. Friday was the 2. day in row with +9C [48.2F] and over the old January record of 8.2C 1.1.2020.

“Of its eight highest January temps, three were observed Wednesday to Friday.”

https://x.com/VaerTorsten/status/1880521321387552800


“Storm damage risks electric supply from power station…

“The company which operates Northern Ireland‘s electricity grid has said storm damage to Ballylumford power station in County Antrim has increased the risk to supplies for the rest of the winter.”

https://www.bbc.co.uk/news/articles/c3e13q7n8vjo


“Two rallies in the Welsh motorsport calendar have been cancelled due to destruction left by Storm Darragh.

“The storm caused significant damage to the Welsh Government Woodland Estate, which is managed by Natural Resources Wales (NRW).”

https://www.bbc.co.uk/news/articles/cvgex2238x3o


“Vignemale and Oulettes Glacier 1891 | 2024

“The most legendary Pyrenean north face soon totally deglaciated! The small and resilient Oulettes glacier has retreated to the top of the steep bedrock step.”

https://x.com/subfossilguy/status/1880214450843840688


“After intense flooding, Barcelona is still battling drought…

“”We are suffering this severe drought, and at the same time we are suffering some results of extreme precipitation,” says Marc Prohom, head of climatology at the Meteorological Service of Catalonia.”

https://www.bbc.com/future/article/20250116-barcelonas-urgent-search-for-water-after-floods


“Sicily’s Aeolian islands were cut off by bad weather on Friday and schools were shut due to torrential rain on Lipari, Vulcano, Salina, Stromboli, Filicudi, Alicudi and Panarea.

“Torrential rain-swelled floods hit many parts of Sicily including Taormina where the Alvcantar river was in flood…”

https://ansabrasil.com.br/english/news/general_news/2025/01/17/aeolian-islands-cut-off-by-bad-weather-floods-at-catania_bb594a07-098a-453b-9c04-428a517d3f3f.html


“Tunisia’s six-year drought cripples women herb harvesters.

“On a hillside in Tunisia’s northwestern highlands, women scour a sun-scorched field for the wild herbs they rely on for their livelihoods, but droughts and rising temperatures are making it ever harder to find the precious plants.”

https://www.thestar.com.my/lifestyle/family/2025/01/18/tunisia039s-six-year-drought-cripples-women-herb-harvesters


“Moroccan watermelon exports hit eight-year low due to severe drought…

“…The decline in exports is attributed to an unparalleled drought in the country, impacting production levels significantly. The drought has precipitated restrictions and outright bans on watermelon cultivation in specific locales, notably the Tata province where cultivation has ceased entirely.”

https://www.freshplaza.com/europe/article/9695468/moroccan-watermelon-exports-hit-eight-year-low-due-to-severe-drought/


“Extraordinary record at Berberati, CENTRAL AFRICAN REPUBLIC With 38.0C [100.4F] it smashed in pieces its record of January hottest day, after breaking with huge margins those of all previous months.

“Records will keep falling all over Central Africa in the next weeks.”

https://x.com/extremetemps/status/1880322661731168698


“Nigeria’s Cocoa Industry in Shambles as Farmers Battle Theft and Violence.

“As the cocoa industry struggles to cope with climate change, farmers in southwestern Nigeria are also faced with a surge in theft, and violent attacks, affecting their livelihoods.”

https://humanglemedia.com/nigerias-cocoa-industry-in-shambles-as-farmers-battle-theft-and-violence/


“ENDLESS RECORD HEAT IN THE GULF OF GUINEA – three Months with hundreds of records smashed every single day in every single country and it’s continuing….

“EQUATORIAL GUINEA Min 26.9 [80.4F] Bata is HOTTEST JANUARY NIGHT IN EQ. GUINEA HISTORY; GABON TMin 27.5 Libreville – hottest January night tied.”

https://x.com/extremetemps/status/1880246437344334155


“Another record day in Mozambique:

“40.4C [104.7F] today in the city of Quelimane (with also extreme humidity) is a new record of January highest temperature.”

https://x.com/extremetemps/status/1879961151716618458


“Pakistan’s ‘Agri sector is facing severe challenges due to water scarcity’.

“Romina Khurshid Alam, coordinator to the prime minister for climate change… highlighted Pakistan’s increasing reliance on glaciers and rivers for water supply, noting that the country is grappling with acute water shortages that are intensifying challenges for agriculture, a vital sector for the national economy.”

https://www.brecorder.com/news/40343139


“‘A Year of Failed Crops’: Erratic Rain, Overflowing Lakes Hurt Haryana Farmers [Northern, central India].

“Farmers in Haryana, accustomed to water shortage, are now struggling with excessive rainfall… “For the past one year, no crops have been harvested from this land, and it may take several months for the water to recede,” Mustaq Ahmed, a farmer from Haryana, tells The Quint.”

https://www.thequint.com/climate-change/haryana-farmers-nuh-firozpur-jhirka-excessive-rainfall-lakes-overflowing


“While it is wintertime across the country, Kerala is experiencing heatwave-like conditions.

“Above normal temperatures are due to a convection band between Sri Lanka and the equator… Many people, forced to stay indoors during the daytime, are dealing with significant disruptions in their daily lives, which has negatively affected trade and commerce.”

https://www.downtoearth.org.in/climate-change/while-it-is-wintertime-across-the-country-kerala-is-experiencing-heatwave-like-conditions


“Yala Glacier in Himalayas Projected to vanish by 2040s [Nepal].

“The Yala glacier (Nepal) retreated by 680m and witnessed significant reduction in area (36%) between 1974 and 2021… The retreat of glaciers like Yala threatens water security for millions of people who depend on glacial melt for freshwater.”

https://www.cseguide.com/yala-glacier-may-vanish-by-2040s/


“China’s Himalayan mega dam deepens India’s water worries…

“Analysts warn that while the project may not provoke immediate conflict, it lays the groundwork for a contentious new chapter in a relationship already defined by mistrust, border clashes and competing regional ambitions.”

https://www.scmp.com/week-asia/economics/article/3295257/chinas-himalayan-mega-dam-deepens-indias-water-worries


“Tibet’s Earthquake Aftermath: Cracks in China’s Hydropower Infrastructure.

“Following a 6.8 magnitude earthquake in Tibet, Chinese officials detected damage in five out of fourteen inspected hydropower dams. Three dams have been emptied and evacuations have begun. This event underscores the risks of building hydropower structures in quake-prone zones like Tibet, China, and India.”

https://www.devdiscourse.com/article/science-environment/3226986-tibets-earthquake-aftermath-cracks-in-chinas-hydropower-infrastructure


“Disaster-hardened Japan faces enormous costs from climate change…

“The country ranked sixth on the Disaster Risk Index compiled by global telecommunications company Intersec late last year…climate damages through 2050 could amount to ¥952 trillion ($6 trillion), according to a December analysis — far more than the nominal value of the entire economy.”

https://www.japantimes.co.jp/environment/2025/01/12/climate-change/japan-climate-change-disaster-toll/


“Severe flooding in Pitas, Malaysia has displaced 10,000 people, prompting authorities to activate 17 temporary evacuation centres (PPS) as rising waters isolate villages and render roads impassable…

“”The situation is critical, and we are working to ensure all evacuees have access to safe shelter and essential services.””

https://www.thevibes.com/articles/news/104574/floods-displace-10000-in-pitas-evacuation-centres-activated


“Red Bridge, Tourist Attraction in Bandar Lampung Collapses Due to Flood [Sumatra, Indonesia].

“Bandar Lampung, CNN Indonesia –The suspension bridge located at the Taman Sumur Putri dam tourist location, North Telukbetung District, Bandar Lampung City, Lampung, collapsed after being hit by floods , Friday (17/1).”

https://www.cnnindonesia.com/nasional/20250117220421-20-1188532/jembatan-merah-tempat-wisata-di-bandar-lampung-roboh-diterjang-banjir


“The NSW government has declared a natural disaster in three areas, as wild weather continues across Australia this weekend, with storms, heatwaves, and a possible cyclone predicted.

“Support from the state and federal governments will be rolled out to individuals, communities and businesses in Port Stephens, Maitland, and the Snowy Valley.”

https://www.theguardian.com/australia-news/2025/jan/18/australias-wild-weather-continues-with-more-storms-forecast-for-nsw-and-cyclone-forming-off-wa


“HISTORIC HEAT IN OCEANIA. All Oceania is with relentless record heat, every single day

“Yesterday record heat – 35.3 [95.5F] at La Roche (Mare Island) NEW CALEDONIA destroys in pieces its January record and also beats its ALL TIME HIGHEST TEMPERATURE.“

https://x.com/extremetemps/status/1880451256252264895


“EXCEPTIONAL WARMTH IN ANTARTICA – minimum temperatures +2C/+4C as South as 74S in Terra Nova Bay, Progress, Syowa, Novolazarevskaya, Zhongshan and Jongo Bongo Stations.

“The latter last 2 minimums of +2.4C and +2.6C [36.7F] are exceptional: one of the very few times with nights above freezing.”

https://x.com/extremetemps/status/1880551284866183181


“Hundreds of homes evacuated as Patagonia fires grow in Argentina.

“Forest fires fueled by a heat wave scorched a picturesque corner of Argentina’s Patagonia region Thursday, forcing the evacuation of hundreds of homes… “The fire grew exponentially yesterday thanks to weather conditions,” said provincial governor Ignacio Torres.”

https://today.rtl.lu/news/science-and-environment/a/2267813.html


“A state of emergency has been declared in southern Brazil after heavy rain caused flooding in coastal cities including Balneário Camboriú and Itapema.

“Footage shows partially submerged cars navigating flooded streets and Itapema Mayor Alexandre Xepa calling for aid and rescue assistance.”

https://www.bbc.co.uk/news/videos/ckgrrx377xpo


“HISTORIC HEAT WAVE IN SOUTH AMERICA – temperatures near 45C [113F] in Argentina and records broken:

“44.0 Mariscal Estigarribia PARAGUAY tied its January highest temperature record; 42.1 Porto Murtinho BRAZIL new January record; records also in COLOMBIA at Girardot and in VENEZUELA.”

https://x.com/extremetemps/status/1880425681307549716


“Exclusive – Argentina negotiating gas imports from Bolivia, Chile as heat wave stokes demand [and causes blackouts].

“Bolivia and Chile are in talks to restart gas exports to Argentina amid a surge in demand spurred by a summer heat wave, underscoring the challenge for the government in Buenos Aires as it looks to become energy self-sufficient.”

https://www.investing.com/news/commodities-news/exclusivebolivia-in-talks-with-argentina-to-restart-gas-supply-amid-demand-spike-executive-says-3819424


“LA wildfires: evacuees warned against returning to homes due to toxic waste.

“National Weather Service says ‘wind siege has finally ended’ and forecasts higher humidity but warns high winds could return next week… Officials said at least 27 people have died from the fires, while a total of 12,000 structures have been destroyed. The tragic toll is expected to climb.”

https://www.theguardian.com/us-news/2025/jan/16/california-wildfires-winds-ease


“L.A. Isn’t Ready for What’s Next. Sooner or later, a winter storm will hit, and deadly mudslides and debris flows that will likely follow…

“State and local officials in California are rushing to study land that has burned, identify where trouble is likely when it next rains, and warn residents.”

https://www.theatlantic.com/ideas/archive/2025/01/los-angeles-fires-mudslide-disaster-threat/681350/


“Climate change is already changing how we eat. It could get much worse…

“Scientists have confirmed that as carbon dioxide levels rise in the atmosphere, staple crops like wheat and rice lose vitamins, proteins and micronutrients like zinc and iron that humans need to survive.”

https://www.salon.com/2025/01/16/climate-change-is-already-changing-how-we-eat-it-could-get-much-worse/


“Initiatives like “meatless Mondays” are not always strictly necessary and animal products will not be off the menu in a net zero future, the UK Government’s climate advisers have suggested.

“It comes as the panel of experts is preparing to relax advice on how much meat needs to be cut from our diets.”

https://www.telegraph.co.uk/news/2025/01/17/meatless-mondays-not-always-necessary-climate-xperts/


““Bonkers” – Scientists Solve Unprecedented 2023 Climate Mystery.

“A 2023 global heat spike was partly due to reduced sulfate emissions from shipping, which decreased cloud cover and raised temperatures by 0.08°C… “Air quality improvement is immediate, and everyone is always going to go for that. A lesson here is we make decisions about trade-offs all the time…””

https://scitechdaily.com/bonkers-scientists-solve-unprecedented-2023-climate-mystery/


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You can read the previous “Climate” thread here. I’ll be back on Monday with an “Economic” thread.