Karin Rives

Washington, D.C., United States

Senior Climate and Energy Reporter at S&P Global

Senior climate and energy reporter at S&P Global. Tweets are my own! [email protected]

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Articles

COP29: Climate summit delivers finance deal, rules for global carbon market

Nov 25, 2024 | spglobal.com | Karin Rives |Eklavya Gupte

After two weeks of difficult negotiations at the United Nations Climate Change Conference in Baku, Azerbaijan, diplomats agreed to triple annual climate finance for vulnerable nations and to adopt critical rules for a first-ever global carbon trading market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Reactions were mixed as COP29 came to a close in the early morning hours of Nov. 24.
Climate-warming pollution in atmosphere hit record levels in 2023

Oct 29, 2024 | spglobal.com | Karin Rives

Concentrations of atmospheric greenhouse gas emissions hit a new record in 2023 and are locking in rising global temperatures for years to come, the World Meteorological Organization (WMO) warned in its annual report card for policymakers. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The assessment is one in a series of reports that will be released ahead of the UN-led COP29 climate summit that kicks off in Baku, Azerbaijan, in November.
US ELECTIONS: Trump's promise to scrap climate policies may have less impact in second term

Oct 9, 2024 | spglobal.com | Karin Rives

The US is expected to withdraw once again from the Paris Agreement on climate change if Donald Trump is reelected president in November, bringing more policy uncertainty to a world enduring what scientists believe will be another record-hot year. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Another NM coal plant CCS project with dim prospects awaits US DOE funding

Aug 14, 2024 | spglobal.com | Karin Rives

The Four Corners coal-fired plant in New Mexico employs about 250 people, nearly all members of the Navajo Nation. Source: Arizona Public Service Co. The US Department of Energy said it is working to award a multi-million-dollar federal grant to study carbon capture at New Mexico's last coal-fired power plant, a project that mirrors an unsuccessful effort to retrofit another a coal-fired plant in the state a few years ago.
Some state lawmakers question tax breaks for datacenters, others roll out mat

Aug 12, 2024 | spglobal.com | Karin Rives

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Electric Power Highlights Northern Virginia is now the largest hub More than half of US states offer incentives As some US lawmakers are questioning the datacenter boom, politicians in a few other states that have yet to capitalize on the industry's expansion are trying to catch up. Not registered?
Extreme weather risks, rising energy demand prompt new power industry strategies

Aug 8, 2024 | spglobal.com | Karin Rives

US power companies are developing new strategies to deal with extreme weather risks and escalating electricity demand, including boosting voltage levels of existing transmission lines, signing major new interconnection deals, and leveraging the availability of backup generators. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
High methane emissions from US oil and gas industry could curb LNG trade - study

Aug 1, 2024 | spglobal.com | Karin Rives

Oil production in West Texas. The Permian Basin had the highest emissions of US oil and natural gas production sites, according to new overflight data released by the Environmental Defense Fund. Source: dszc/E+ via Getty Images. Methane emissions from US oil and gas production sites were more than four times higher than what the US Environmental Protection Agency estimated and far from industry targets, according to a new study based on overflight data from the Environmental Defense Fund.
Rising US power prices reflect new reality for utilities in warming world

Jul 29, 2024 | spglobal.com | Karin Rives

Rising US power prices reflect new reality for utilities in warming world During a July 2023 heat wave in New York, people rushed to buy air conditioners. The need for more cooling has contributed to rising power bills, straining household budgets. Source: Spencer Platt/Getty Images News via Getty Images. Halfway through a US summer of punishing heat domes and record-high temperatures, air conditioners are churning and energy bills are soaring.
United Airlines commercial jet will monitor carbon, methane leaks from sky

Jul 23, 2024 | spglobal.com | Karin Rives

A United Airlines Boeing 737 aircraft departs from Los Angeles International Airport on May 5, 2024. One of the company's planes will soon carry technology to monitor methane and other greenhouse gases during domestic flights. Source: Kevin Carter/Getty Images News via Getty Images. United Airlines Inc.
Md. judge dismisses climate lawsuit against oil companies in unusual ruling

Jul 12, 2024 | spglobal.com | Karin Rives

Large oil companies won a legal reprieve when a Maryland state judge on July 10 dismissed a Baltimore lawsuit over flooding and other climate change impacts. The case had bounced around the court system for six years. In 2021, the US Supreme Court remanded the city's lawsuit to a US appeals court that, in turn, sent the case back to the state court.