Headline News:

• “Multitrillion-Dollar Carbon Bubble? Climate Chief Warns World Leaders Over Fossil Fuel Plans” • The head of the IPCC says world leaders face a multitrillion-dollar threat by pushing plans for fossil fuel production. The UN climate panel estimated that fossil fuel investors could be at risk of losing $1 trillion to $4 trillion if governments limit global warming. [CNBC]

Offshore oil rig (Jan-Rune Smenes Reite, Pexels, cropped)

• “News Outlets Went All In On Maui Fire Coverage. But Did They Miss A Key Part Of The Story?” • News media have given a lot of coverage to climate change. But research by the watchdog Media Matters shows only 4% of television news segments about the disaster, during a two-day period starting August 9, tied the catastrophe to climate change. [CNN]
• “Feds Ease Water Cuts On Colorado River After Blockbuster Winter” • Federal officials are easing water restrictions on the Colorado River next year, after above-average winter snowpack helped lift water levels at the nation’s two largest reservoirs. Lake Mead has shown “significant improvement” because of the good winter and water conservation efforts by states. [CNN]
• “Crude Oil Prices Will Increase Through 2024 As Demand Rises Above Supply, US EIA Says” • The US Energy Information Administration forecasts higher crude oil prices in the second half of 2023 and into 2024 in its latest Short-Term Energy Outlook due to moderate but persistent inventory drawdowns with demand exceeeding supply. [CleanTechnica]
• “Switching To EVs And Clean Electricity Could Result In 89,300 Fewer Premature Deaths In The US” • The American Lung Association recently released “Driving to Clean Air: Health Benefits of Zero-Emission Cars and Electricity.” The report foresees America running on clean, renewable electricity and driving all-electric vehicles. [CleanTechnica]

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