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May 03, 2024 - Resources

Climate Links: 5/3/2024

MoFo’s weekly Climate Links provide the latest industry updates from thought leaders and third-party sources. This week:

Biden administration grants flexibility for automakers in EV tax credit rule

  • The Biden administration granted automakers some flexibility in qualifying for electric vehicle (EV) tax credits.

Gas stoves spread harmful pollution beyond the kitchen, study finds

  • Testing done in the Harlem neighborhood of New York and in others across the country show that people with gas and propane stoves breathe in unhealthy levels of nitrogen dioxide, which can trigger asthma and other respiratory conditions, according to a new study Stanford University researchers published in the Science Advances journal.

Climate crisis: World’s happiest countries are looking beyond net zero

  • Finland and Denmark are both targeting “net-negative emissions,” which scientists say can be achieved when the amount of carbon dioxide drawn out of the atmosphere is greater than the amount that’s emitted.

Rains in southern Brazil kill at least 39, some 70 still missing

  • Heavy rains battering Brazil’s southernmost state of Rio Grande do Sul have killed 39 people, local authorities said, and the death toll is expected to rise as dozens still have not been accounted for.

The week in climate policy: 4 updates you need to know

  • Florida Gov. Ron DeSantis signed into law a bill that bans lab-grown meat in the state; the G-7 nations — the U.S., France, Germany, Japan, Canada, Italy, and the U.K. — are committed to eliminating coal from their power sector by 2035, unless utilities are able to capture their emissions; and more.

ESG & Climate News: EU Adopts Supply Chain Rule

  • Last-minute deals and a series of failed votes threatened to block the EU’s Corporate Sustainability Due Diligence Directive, but a weakened version squeaked through the EU Council last month. There was no such drama when the EU Parliament made it official this week — passing the directive with a vote of 374 to 235.