this post was submitted on 20 Aug 2024
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Climate - truthful information about climate, related activism and politics.

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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

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Following the cancellation of its small modular reactor (SMR) project in Utah, NuScale Power announced it will take “strategic” actions to reduce costs, including laying off 28% of its full-time workforce.

Related article from the shareholder's investigation into the company:

NuScale Power (SMR) Admits to Ongoing, Active SEC Inquiry

On July 29, 2024, Hunterbrook Media reported that the SEC is conducting an “active and ongoing” investigation into NuScale and noted that after Hunterbrook's publication “a spokesperson wrote in a statement: ‘[w]e are unaware of any SEC investigation into NuScale or any reason for such an investigation.’”

But, on August 2, 2024, NuScale did an about face. The company admitted that, contrary to its July 29 denial, in December 2023 the SEC requested information relating to the company’s employment, severance, and confidentiality agreements. In addition, NuScale revealed that the SEC requested additional information from the company on July 31, 2024.

Each of these events drove the price of NuScale shares sharply lower.

“We’re investigating the propriety of NuScale’s financial disclosures and operations, including whether the company’s agreements with employees suppress whistleblowing,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

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