Study: U.S. has Caused $10T Worth of Climate Damage Since 1990

The U.S. has caused $10 trillion in global damages between 1990 and 2020 through its greenhouse emissions, with a quarter of the damages inflicted upon itself, according to a study published in Nature.

The study attempts to attach dollar amounts to “loss and damage” — a term used to account for the harm suffered by societies from rising temperatures. By being the largest carbon emitter in history, the U.S. ($10.18 trillion) has caused greater harm to worldwide economic growth than any other country, ahead of China ($8.7 trillion), according to the findings of the paper.

More: The Guardian

NRC Seeks Comments on Project Matador Environmental Review

Fermi America is working with the Nuclear Regulatory Commission on a pilot program to develop applicant-prepared Environmental Impact Statement documentation, an approach the NRC says will help improve regulatory efficiency.

This new approach — enabled by recent amendments to the National Environmental Policy Act — allows applicants, under NRC oversight, to develop a draft EIS. The change is expected to reduce review time by about 50%. Fermi America is the first private company to participate in the pilot.

Fermi America is planning what it calls the world’s largest energy-driven artificial intelligence complex, located in Amarillo, Texas. The HyperGrid campus aims to integrate large-scale nuclear power plants, small modular reactors and other power sources.

More: World Nuclear News

Oil Prices Jump Again

On March 30, Brent crude oil was trading at about $114/barrel, up significantly from the prior week, when prices were around $100 or $105/barrel.

Gasoline prices have risen along with oil and are averaging about $3.99/gallon in the U.S.

More: The Hill