Posts Tagged ‘Trump Administration’

Oh, wouldn’t you know, more than a dozen federal agencies release a major report on dire climate trends and the coming shocks to the United States, and the White House drops it on everyone’s stoop in the dead of Black Friday. Disregard if you can the president’s tweets about the “cold” during Thanksgiving week. And if you missed the incoherent nonsense uttered by Danielle “I’m Not a Scientist” Pletka of the American Enterprise Institute on NBC’s Meet the Press (which went unchallenged by the host, Chuck Todd) and by Rick Santorum on CNN’s State of the Union on Sunday morning, consider that a win. But check out the report, the Fourth National Climate Assessment, for yourself.

For more breakdown, here is a roundup of news and analysis pieces assembled by the Society of Environmental Journalists.

“Major Trump Administration Climate Report Says Damage Is ‘Intensifying Across the Country’” (The Washington Post)

“Government Climate Report Warns of Worsening US Disasters” (AP)

“Federal Report: Climate Risks, Damage Rising Across U.S.” (ClimateWire)

“Climate Change Puts U.S. Economy and Lives at Risk, and Costs Are Rising, Federal Agencies Warn” (InsideClimate News)

“Clashing with Trump, U.S. Government Report Says Climate Change Will Batter Economy” (Reuters)

“Climate Change Is Already Hurting U.S. Communities, Federal Report Says” (NPR)

“Climate Change Will Shrink US Economy and Kill Thousands, Government Report Warns” (CNN)

“Climate Change ‘Will Inflict Substantial Damage on US Lives'” (The Guardian)

“What’s New in the Latest U.S. Climate Assessment” (The New York Times)

“Climate Change Poses Major Threat to United States, New Government Report Concludes” (Science)

“Trump’s Dire Climate Report Hands Ammunition to Democrats” (Politico)

“Experts to Discuss New Federal Climate Change Assessment Report for the U.S.” (NOAA)

“Federal Report: Hurricane Harvey Was a Climate Change Harbinger” (The Texas Tribune)

“Fourth National Climate Assessment Volume II” (U.S. Global Change Research Program)

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BY BRADFORD MCKEE

FROM THE FEBRUARY 2018 ISSUE OF LANDSCAPE ARCHITECTURE MAGAZINE.

Image by Jocelyn Augustino [Public domain], via Wikimedia Commons.

In November, Moody’s Investors Service, the bond rating agency, released a cautionary report on climate change. Looking ahead, the report said, the effects of what it describes as climate trends and climate shocks are sure to become a “growing negative credit factor” for states, localities, or utilities that don’t appear to be responding to potential climate change effects through mitigation or adaptation. Cities and others issue bonds to borrow money for building things such as infrastructure or schools. They need investors to know they’re a good risk. Moody’s came out to say that it has begun deciding, based on climate resilience among a matrix of other factors, whether a given risk is good or bad. “If you’re exposed,” one Moody’s analyst told Bloomberg, “we know that.”

The other of the two biggest rating agencies, Standard & Poor’s, is also keenly onto climate (it and Moody’s together run 80 percent of the bond rating business). It released a report in October to explain how municipal bond issuers will be affected by climate impacts. Like Moody’s, S&P specified two theaters of risk: the sudden extreme event, such as a hurricane, and “more gradual changes to the environment affecting land use, employment, and economic activity that support credit quality.”

This may all seem very back-office in the design world, and for now it is. It is also, critically, moving to the fore as the federal stance on climate change and its many hazards is not only in retreat but in vicious denial. Trump administration appointees, who are like drones for industry, are ordering the removal of references to climate change in agency communications. The administration is also purging our government of good-faith, (more…)

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