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Originally published by Union of Concerned Scientists, The Equation.
By Christina Swanson 

How many times have we said this before? The Intergovernmental Panel on Climate Change’s (IPCC) new report, its sixth since 1990, is a “wake-up call.”

The report, authored by more than 200 scientists from across the globe and based on more than 14,000 individual studies, is a comprehensive synthesis of the latest science on the changing state of our climate system. It concludes that it is “unequivocal” that climate change is being caused by human activities, primarily the burning of coal, oil, and gas. Yet, California, a state known for its progressive climate stance, just approved 40,000 new oil wells in Kern County, an area already littered with tens of thousands existing wells and among the most polluted regions in the state.

The IPCC reports that now, decades after scientists’ first warnings, our actions have pushed our climate into an “unprecedented” state. The increase in temperature measured since 1970, when I was a young teenager, is faster than for any other 50-year period going back at least 2000 years.

The IPCC’s report provides graphic descriptions of the human, ecological, and financial costs that we are already paying for climate driven heat wavesdroughtsfloods, and fires, and which will be worse in the future. According to the report, these types of climate and weather extremes are already affecting every inhabited region of the globe. As I write this, my drought-parched state, California, is burning again, with the Dixie fire consuming nearly 600,000 acres (almost 900 square miles!), destroying whole towns, and forcing thousands to evacuate.

And the IPCC sounds an urgent call for action, warning that we have very little time left if we are to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) and avoid the worst, most catastrophic, and irreversible impacts of climate change. Global temperatures have already risen by an average of 1.1 degrees Celsius.

Reading the report, it is painfully clear that, by our ongoing societal failure to act on our knowledge to slow and reverse climate change, we are not only bringing disasters down upon ourselves, we are jeopardizing our children’s future.

Climate change is not just an environmental problem that is damaging ecosystems, harming, displacing, and killing people, and driving species toward extinction on land and sea. It is not just an environmental justice problem that is inflicting disproportionate harm on marginalized and vulnerable communitiescountries, and regions of the globe. Climate change, and its resultant and escalating environmental, social, and economic harms and costs, is a generational justice problem that my generation — and the nearly 70% of the total cumulative emissions that were generated during my lifetime — is dumping on our children and future generations. That’s not right.

But the report also tells us that there is hope and a path — a very slim and very challenging path — for us to reduce our carbon pollution enough to limit global warming to that critical 1.5 degrees Celsius threshold.

We know, and in fact we have known for decades what we need to do: replace coal, oil, and gas with clean energy alternatives for electricity, transportation, industry, and buildings; change the ways we use land and produce food to protect and regenerate the natural systems, like forests and wetlands, that absorb carbon dioxide; and, because climate impacts are already upon us, we need to change how and where we buildwork, and live to adapt to survive our changing climate.

All of these changes are well understood and feasible, some are already in progress, and most of them will provide social and environmental benefits beyond their positive climate effects, like improved health from less air pollution. So why are we failing?

One simplistic answer is that change is hard and often slow because the societies and systems in which we live have the tendency for inertia. At a time when we need different and difficult decisions, by governments, by industries and businesses, by the finance and investment sector, by communities, and by individuals, we are instead intentionally framing and grounding our expectations, planning, and decisions in the context of the status quo, the way things are and have been and in pursuit of short-term outcomes.

And so, informed by the IPCC report, motivated by our own self-interest, and inspired by our moral and ethical responsibilities to our children and future generations, here is one approach that we can take to help guide and facilitate those different and difficult decisions. Rather than making decisions based on the status quo, we could instead evaluate our options and make decisions based on the future and what we want that future to be. For every proposal for a new oil well, pipeline or power plant, or for an expanded highway, urban development, or logging plan, we should be asking “Is this project consistent with the characteristics and constraints of a world in which we meet our climate goal and limit global warming to 1.5 degrees Celsius?” If it’s not, we shouldn’t do it.

“We do not inherit the Earth from our ancestors; we borrow it from our children.”

This quote is perhaps overused by many of us in the environmental community, but it has always been one of my favorites. It resonates with my deep personal connection with nature, my training as a biologist, and my commitment to apply my professional efforts and talents to better protect our planet. But, with each passing year, as I have watched with joy and pride the next generation of my family grow to adulthood, it feels gloomier and more ominous, an accusation rather than inspirational rallying cry.

The new IPCC report is telling us — again — that we are trashing the planet we have borrowed from our children. We know we are doing it, we know what we need to do to stop it, and we don’t have much time left before the damage becomes catastrophic and irreversible. We are all responsible. We all have the responsibility to act. Most importantly (and most impactfully), policymakers at all levels of government, but especially those in Washington, must take decisive steps to confront the climate crisis. Not next year: now. And that means Congress should advance President Biden’s Build Back Better agenda, which weds an equitable recovery from the pandemic-drive downturn with the climate action we need now.

So please, let’s all of us wake up and get to work.

 

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Trump heads to the Middle East with oil, trade and nuclear ambitions on the table

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Trump heads to the Middle East with oil, trade and nuclear ambitions on the table

US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017.

Mandel Ngan | AFP | Getty Images

DUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in the Persian Gulf region – or as he may soon be calling it, the Arabian Gulf – on May 13, for an official trip with stops in Saudi Arabia, Qatar and the United Arab Emirates. 

The stakes are high, as the visits take place amid turbulent geopolitical tensions. On the agenda will be Israel-Gaza war ceasefire talks, oil, trade, investment deals, and the potential for new policy developments in the areas of advanced semiconductor exports and nuclear programs.

“We expect to see a lot of announcements. And I think in a broad spectrum of areas as well,” Monica Malik, chief economist at Abu Dhabi Commercial Bank, told CNBC’s Dan Murphy on Friday. She noted the potential removal of Trump’s 10% tariffs on aluminum and steel, which would be a positive for the Gulf states as some of them export those metals to the U.S., though they make up only a small percentage of the countries’ GDPs. 

Trump has long enjoyed a warm relationship with Gulf Arab states, in particular the UAE and Saudi Arabia, where his children have several business ventures and planned real estate projects. Those relationships could strengthen the countries’ hands when it comes to negotiating new trade deals – while also raising concerns among critics over potential conflicts of interest, accusations the Trump family rejects. 

Trump's Gulf visit a 'win-win' proposition: Branch

During the president’s initial term in office, his first overseas trip was to Saudi Arabia – a country now hosting the negotiations that Trump hopes will end the Russia-Ukraine war, making the kingdom ever more important to Washington. Qatar, meanwhile, has played a central role in negotiations between Israel and Hamas over ceasefires and hostage releases.  

Wall Street and AI in the Gulf

The presidential visit is drawing several Wall Street and Silicon Valley titans to the Saudi kingdom. A Saudi-U.S. investment forum announced just this week and set to take place on May 13 in Riyadh will feature guests including BlackRock CEO Larry Fink, Palantir CEO Alex Karp, and CEOs of major firms like Citigroup, IBM, Qualcomm, Alphabet, and Franklin Templeton, among others. White House AI and crypto czar David Sacks will also be in attendance. 

“We also expect to see a lot of investment deals being announced,” Malik said. “And both ways, we’ve already seen the UAE announce a number of investments in the U.S. in areas such as AI, energy, aluminum, but we also think that there will be opportunities for U.S. companies to increase investment.”

Both Saudi Arabia and the UAE have invested heavily in AI infrastructure with the goal of becoming global hubs for the technology. Therefore, likely top of mind for those leaders is the future of U.S. semiconductor exports, the most advanced of which they so far have not gained access to due to national security concerns. But that may soon be changing.

e& Group CEO: U.S. partnerships are set to continue

The Trump administration on Wednesday announced its plan to rescind a Biden era “AI diffusion rule,” which imposed strict export controls on advanced AI chips, even to U.S.-friendly nations. The rule will be replaced with “a much simpler rule that unleashes American innovation and ensures American AI dominance,” a U.S. Commerce Department spokesperson said Wednesday, though the details of the new rule have not yet been shared. 

The UAE’s state AI firm G42 has made efforts to align with U.S. regulations, including divesting from Chinese companies and partnering with Microsoft, which last year invested $1.5 billion in G42.

Nuclear ambitions

Trump teases 'very big announcement' ahead of Gulf trip

U.S. Energy Secretary Chris Wright, during a visit to the kingdom in April, said that Saudi Arabia and the U.S. were on a “pathway” to a civil nuclear agreement – but that any further announcements would come from Trump himself. 

Israel-Gaza negotiations 

Another major topic will be the future of Gaza. Trump has vowed to bring about an end to the war, while also controversially suggesting that the U.S. could take control of the war-ravaged Strip which he described as “important real estate,” comments that drew strong rebukes from Arab leaders. 

The U.S. has continued to push for ceasefire deals, most recently floating a 21-day cessation of hostilities and release of some hostages, while Israel this week approved expanding fighting and territorial control in Gaza. 

“We have yet to hear a comprehensive plan from the Arab world,” Greg Branch, founder of UAE-based Branch Global Capital Advisors, told CNBC on Friday while discussing Trump’s upcoming visit. 

“If we’re going to see a response that’s going to be Arab-led, it’s probably now or never,” Branch said. “I think that will be handled very delicately behind the scenes … probably more of a long-term geopolitical risk than any immediate macro risk.”

Oil and financing

Chief economist at Abu Dhabi Commercial Bank talks rate cut outlook, oil price impact

In that vein, financing will be an important agenda item for the kingdom during Trump’s visit, according to ADCB’s Malik. 

Saudi Arabia in November pledged to invest $600 billion in the U.S. over the course of Trump’s term — but it also has sky-high costs for its own Vision 2030 investment ambitions. Lower global oil prices and big-ticket public spending projects have brought about widening budget deficits for Riyadh.  

“With oil prices where they are, Saudi will look at more financing support from America as well as they look to progress with their investment program,” Malik said. 

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Nissan pulls the plug on its +$1 billion EV battery plant as the alarm bells go off

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Nissan pulls the plug on its + billion EV battery plant as the alarm bells go off

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD.

Nissan abandons plans for new EV battery plant in Japan

Nissan is scrambling to turn the company around. The Japanese automaker announced on Friday that it will “abandon plans to build a new plant” in Japan that was scheduled to produce lithium iron phosphate (LFP) batteries.

The decision comes as Nissan is “considering all options to restore its performance.” Nissan said it will continue working on a strategy for EV batteries “aligned with market needs” as part of its turnaround efforts.

Nissan just received approval to build the new EV battery plant in Japan from the Ministry of Economy, Trade, and Industry (METI) in September.

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The batteries were set to be installed in Nissan’s mini vehicles starting in 2028, part of an investment of over $1 billion (153.3 billion yen).

Nissan was scheduled to receive up to 55.7 billion yen ($384 million) in government support to help build a domestic supply chain.

Nissan-EV-battery-plant
2025 Nissan Ariya Platinum+ e-4ORCE (Source: Nissan)

Like other Japanese automakers, Nissan is facing weaker sales in key markets like China and North America. The company expects to post a net loss as high as 750 billion yen ($5.2 billion) for the fiscal year ending March 2025.

The new LFP plant was expected to help Nissan cut EV battery costs by 20% to 30%, with up to 5 GWh annual production capacity.

Nissan-new-LEAF-EV
Nissan’s new LEAF EV (Source: Nissan)

Later this year, Nissan will launch the next-gen LEAF in the US and Canada. After unveiling the updated EV in March, Nissan claimed the new LEAF will have “significant range improvements.”

Nissan-new-LEAF-EV
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)

Nissan dropped the iconic hatch design for a more crossover-like profile. It will also come with a native NACS port to access Tesla Superchargers.

Although official specs and pricing will be revealed closer to launch, Nissan’s vehicle programs chief, Francois Bailly, told TopGear.com the new LEAF is expected to have 373 miles (600 km) driving range (WLTP)

Electrek’s Take

Although Nissan cited “market needs” and is looking to cut costs as part of its turnaround plans, abandoning the LFP battery plant will likely only set it back further in the long run.

BYD and other leading EV brands are quickly gaining market share in key regions like Southeast Asia, Central, and South America, as well as parts of Europe, where Japanese automakers like Nissan and Toyota generate a good portion of sales.

Now, BYD is taking aim at Japan. The Chinese automaker plans to launch its first mini EV, or kei car, next year, which is expected to be “a huge threat” to Japanese automakers.

Nissan’s decision comes a day after Toyota’s President, Koji Sato, said the company is “reviewing” plans to sell 1.5 million EVs by 2026.

Source: Nikkei, Nissan

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Tesla’s NACS connector will be used by Mazda’s EVs in Japan

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Tesla's NACS connector will be used by Mazda's EVs in Japan

Mazda has announced that it will use the North American Charging Standard (NACS), also known as Tesla’s charge connector, on its upcoming electric vehicles in Japan.

The Japanese automaker had already announced that it would adopt NACS for its electric vehicles in North America, like all other automakers in North America, after Ford got the ball rolling.

But this new announcement is about Mazda bringing the NACS connector to Japan.

Mazda wrote in a press release today:

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Mazda Motor Corporation (Mazda) today announced an agreement was reached with Tesla, Inc. (Tesla) to adopt the North American Charging Standard (NACS) for charging ports on the company’s battery electric vehicles (BEV) launched in Japan from 2027 onward.

This is will give Mazda EV owners in Japan access to Tesla’s Supercharger network.

The automaker says that NACS will be standard on its electric vehicles in Japan, and that to access non-NACS chargers, owners will need adapters:

Mazda BEVs will be compatible with other charging standards besides NACS with the use of adapters.

Mazda is actually not the first automaker to bring the NACS, which now might need a name change, to Japan.

Last year, Sony Honda Mobility’s AFEELA EV brand also announced plans to deploy its EVs in Japan with the NACS connector as standard.

Electrek’s Take

It makes sense. Japan doesn’t have a standard connector, and like in North America, Tesla has used its own connector in the market. CHAdeMO had its moment as a connector in Japan, and a few other markets, but it is getting phased out.

It would make sense for the entire Japanese market to adopt NACS.

Considering AFEELA is just getting started, I didn’t think it would create a snowball effect, but Mazda might now get the ball rolling.

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