Laura Millan

Brazil Is Pouring Money Into the Amazon. These Companies Want a Piece. Startups are rushing in to monetize the COP30 host’s push to preserve the rainforest before it turns into a driver of climate change.

📉The voluntary carbon market crashed bc credits didn't do what they claimed. Offsets 2.0 is here, with hard, inventive work on the ground.
🌴A look at the race to control carbon, from under the banana and cacao trees.
By Fabiano Masisonnave and me: 🎁🔗 www.bloomberg.com/features/202...

Melissa Shows How Quickly Climate Change Is Outstripping Defenses As COP30 kicks off, the hurricane’s rampage spotlights the contentious issue of how much rich countries should pay for adaptation and loss and damage in vulnerable nations.

New: Hurricane Melissa has underscored the financial and practical challenges of adapting to more frequent and destructive climate-driven Caribbean storms that strike randomly and increasingly flood islands’ mountainous interiors as they stall over land. Free link.
www.bloomberg.com/news/article...

The Scientists Who Popularized Carbon Capture Have a Warning About It Many countries are relying on it to meet their climate goals, but it might hurt more than help, they say.

New from me: I spoke to two scientists who originally helped spread the use of carbon capture. They now say it's being misused. Here's why (gift link):

US Economy Wins From Green Exit, Unless the World Follows Suit If the world collectively retreated from green policies, the global economy would shrink, Bloomberg Economics researchers write.

What will the impact of the US's green retreat under President Donald Trump be — for the economy and for the world? A fascinating new Bloomberg Economics analysis gives us some hints.

Read more @bloomberg.com (gift link!).

Huge thanks to everyone involved in this project: @rachaeldottle.bsky.social @dstringer.bsky.social @mmartewicz.bsky.social @sstapczynski.bsky.social & so many more!!

While these $10 trillion have allowed the planet to avoid the worst-case scenario for global warming, we're not out of the danger zone. 1.5C is out of reach too.

“We are running late against the climate crisis. This delay of course is worrying,” Tubiana said.

A group of 14 reporters and data visualization journalists went looking for these initial signs of change. We found them on Poland's rooftops, on remote regions of the Sahara desert and on electric vehicle factories in Vietnam.

“Technology is working,” Christiana Figueres told me.

Jamaica’s Grid Was Not Ready for Hurricane Melissa The massive storm underscores the challenges in keeping up with the quickening pace of climate change.

After Hurricane Beryl devastated Jamaica’s grid last year, officials at the island’s sole utility vowed to fortify it. But the company’s initiatives were only in the planning + early implementation stages when Hurricane Melissa hit.

Story @bloomberg.com, gift link:
www.bloomberg.com/news/article...

Green Investors Enjoy Huge Returns as Stock Market Powers Through Trump’s Attacks A dramatic rebound in clean-tech stocks has investors in the green economy hoping they can finally turn the page on years of punishing underperformance.

Why have green stocks become one of this year’s most lucrative bets despite political headwinds? And is this rally a real comeback or a flash in the pan? Natasha White, Alastair Marsh, and I spoke with experts to find out www.bloomberg.com/news/article...

For @bloomberg.com #greenstocks

There’s a $10 Trillion Antidote to Trump’s Climate Backlash The landmark Paris Agreement triggered a wave of climate commitments. A decade later, Bloomberg examined seven key categories to chart progress amid a new era of attacks on global warming science and ...

What's all the COP fuss about? Two months ago I set out to find what COPs achieved. The answer was in the data: a $10 trillion wave of green investment that's starting to change things.

As Laurence Tubiana told me: "The train has left the station"

FREE read:
www.bloomberg.com/graphics/202...

The Biggest Arctic Carbon Sink Is Increasingly Unstable Scientists at the top of the world are racing to uncover how rapidly the Arctic’s permafrost is thawing.

I recently went to Prudhoe Bay, Alaska w/US scientists to study the effect of saltwater on fast-thawing permafrost. 1st in a series by @bloomberg.com on the world's natural carbon sinks with @hayleywarren.bsky.social and @eroston.bsky.social

A thread follows: www.bloomberg.com/graphics/202...

Live Q&A: Six Ways the COP30 Climate Summit Can Succeed or Fail Bloomberg journalists answer your questions about what to expect at the COP30 climate summit in Brazil. Stream our Live Q&A on Monday, Nov. 3 at 1 p.m. EST

Most people don't have high expectations from COP30. But with the US govt intent on wrecking climate policies at home and abroad, things could get testy.

For a preview, tune into a conversation later today with Bloomberg's crack team on the ground at COP30. www.bloomberg.com/sessions/202...

Heat Shock Tips Florida Corals to Extinction Extreme ocean temperatures triggered the demise of coral species key to the health of a reef that protects the state’s cities from climate-driven storms.

Breaking: Extreme ocean heat has eradicated key coral species in Florida from a 350-mile-long reef that protects coastal cities from storms, provides fisheries habitat. Scientists say reef-building elkhorn & staghorn corals are now "functionally extinct." Free link www.bloomberg.com/news/article...

Nobel Prize Win Buoys Business Case for Creating Water From Air A startup founded by a Nobel laureate is targeting data centers in water-stressed regions as customers for its technology.

New: Last year when I wrote about a startup, Atoco, with a game-changing technology to extract water from air, founder and UC Berkeley professor Omar Yaghi was mentioned as a future Nobel winner. Now he's a 2025 laureate in chemistry, a boon for Atoco. Free link.
www.bloomberg.com/news/article...

🧩 Let's play!

Here's today's most important climate number.
But do you know what it means?
If you know, post your answer below
If you don't, the answer is in today's Green Daily newsletter.
Don't miss tomorrow's! subscribe for free:
www.bloomberg.com/account/news...

Green Daily The latest in climate science, clean energy, green finance, environmental politics, EVs, zero-emissions tech and sustainable living.

Personal news: I've become more involved in the making of the Green Daily newsletter by Bloomberg Green. It's a fun and thrilling experience to help curate a news bulletin that hits thousands of inboxes six days a week.

For free climate news, subscribe here:
www.bloomberg.com/account/news...

Plan to Reflect Sunlight to Power Solar Panels at Night Upsets Astronomers Reflect Orbital aims to launch its first of a planned 4,000 satellites into orbit next year. Scientists worry that it would be “ruinous” for research.

Why did a space startup's plan to accelerate the energy transition get astronomers worked up? My latest for @bloomberg.com

www.bloomberg.com/news/article... #solarenergy #spacetech #climatetech

As Federal Government Retreats, A Private Fund to Save Sea Otters Steps in The initiative aims to restore the imperiled animals to the US West Coast to make marine ecosystems more resilient to climate change.

New: An ambitious plan aims to restore imperiled sea otters to their historic range on the US West Coast. The playful predators are climate warriors, reviving coastal ecosystems and keeping healthy carbon-sequestering kelp forests that nurture fisheries. Free link.
www.bloomberg.com/news/feature...

Some personal news: I'm now @bloomberg.com's lead EPA reporter, tracking everything climate -- and so much more. So if you're following a particular rule or proposal, program office or anything else EPA related (biofuels, PFAS, coal ash, etc), I want to know.

bsky.app/profile/did:...

China Played It Safe With First Pledge to Cut Greenhouse Emissions Other nations have achieved larger declines after reaching peak climate pollution — and the world’s biggest emitter has exceeded its own goals

A double news update after a summer respite from social media: 1) I’ve joined @bloomberg.com
to report on China & climate! 2) Just in time for China’s new climate targets, announced by Xi today. I’m thrilled to cover this special beat—and to be diving right in:

www.bloomberg.com/news/article...

Africa Says It Needs Green Investment, Not Charity At the Africa Climate Summit in Ethiopia this week, leaders tried to counter the narrative that the continent is a climate charity case. It offers global solutions for the green transition, too. Read ...

At a climate summit in Ethiopia this week, leaders said Africa needs green investment, not charity. Read more in today's Green Daily newsletter @lauramillan.bsky.social
www.bloomberg.com/news/newslet...

When Is Your Home Safe After Wildfire Smoke? LA Researchers Have Some Answers Smoke from the Los Angeles fires spread toxins across thousands of homes, but in the absence of government guidelines, residents say they’re struggling to clean up.

What does “safe” really mean after a wildfire? You might first think of the homes that have been destroyed, but there’s another category of victims that doesn’t often get much attention. Months after the LA fires, they're still trying to get answers.

For @bloomberg.com (+ my first Bluesky post!):

NASA Blocks Chinese Citizens With US Visas From Working on Space Programs NASA has blocked Chinese citizens with US visas from working on agency programs, people familiar with the matter said, as Washington escalates anti-Beijing rhetoric with both nations racing to the moo...

🚨Exclusive🚨
NASA has revoked facilities-and-systems access for Chinese citizens with US visas who work on its space programs
www.bloomberg.com/news/article...

Forever Chemicals in Fish Far Exceed EU Limits Across Region The EU plans tougher restrictions on presence in food of substances that can harm human health

We know PFAS are everywhere. They're also in the fish we eat, and at potentially dangerous levels in the EU

Free link via @bloomberg.com

www.bloomberg.com/news/article...

Trump Is Dismantling Climate Science at a Dangerous Pace The White House has blocked efforts to measure, respond to and fight global warming. That puts all Americans at risk.

I know there's a lot of news rn but @eroston.bsky.social, @zhirji.bsky.social and I wrote a full accounting of the Trump administration's war on climate science and clean energy. Putting it all in one place was a lot!

Trump Is Dismantling Climate Science at a Dangerous Pace The White House has blocked efforts to measure, respond to and fight global warming. That puts all Americans at risk.

🚨Hot off the press🔥
LIGHTS OUT
How Trump's war on climate science is weakening the US

A feature about the White House's "cluster-bomb approach" to dismantling the world's most sophisticated scientific apparatus. By @zhirji.bsky.social @blkahn.bsky.social and me

🎁🔗 www.bloomberg.com/features/202...

Trump Is Dismantling Climate Science at a Dangerous Pace The White House has blocked efforts to measure, respond to and fight global warming. That puts all Americans at risk.

The Trump administration, from the CDC to EPA to NOAA, is going to war with established climate science.

I, along w/@blkahn.bsky.social @eroston.bsky.social, try to capture the big picture of what's already happened & what's at stake.

Gift link @bloomberg.com: www.bloomberg.com/features/202...

Older Homes for Sale in California Now Come With Wildfire Warnings The state is the first to require sellers in high-risk areas to disclose what they’ve done to protect houses.

New: In California, sellers of older homes in high-risk wildfire areas must now discuss to buyers their dwellings' susceptibility to fire and what they've done to fix those vulnerabilities. Will it encourage homeowners to harden houses against wildfire? Free link.
www.bloomberg.com/news/article...

Trump’s Ex-FEMA Chief Says Killing Agency Puts Public at ‘Extreme Risk’ Cameron Hamilton’s tenure was short and marked by a struggle over the agency’s future.

Trump's ex-FEMA chief Cameron Hamilton speaks out against push to abolish the agency.

“I cannot get behind this position that abolishing FEMA is the answer,” Hamilton said on Disaster Tough podcast, calling such a move "an extreme risk" to the American people.

www.bloomberg.com/news/article...

Climate Change: Wildfires in Europe Hit Area the Size of Cyprus This Year A record summer of blazes on the continent shows how governments and local communities can’t keep up with brutal fire conditions exacerbated by climate change.

🔥 A record summer of blazes in Europe shows how governments and local communities can’t keep up with brutal fire conditions exacerbated by climate change

story via @bloomberg.com
www.bloomberg.com/news/feature...