California's climate goals go up in smoke

FOLLOW US SUBSCRIBE   California remains ablaze, and it's seriously affecting the state's effort to fight climate change. The Kincade fire alone, still burning north of San Francisco, has already spewed enough smoke to rival the annual tail-pipe emissions of 320,000 automobiles, according to preliminary estimates from the U.S. Forest Service. Even as the state aggressively promotes electric cars and forces new homes to install solar panels starting next year, smoke from wildfires is offsetting many of its emissions cuts. —Josh Petri   "It was a real system. It was robust." —Former Exxon Mobil CEO Rex Tillerson denied New York's claim that for years he spearheaded a secret scheme to defraud investors by lying about how the oil company planned for the financial risks of climate change.     Top stories While devastating, California's wildfires are valuable scientific events for a very small and highly-trained group: meteorological researchers certified as firefighters.  The world's largest climate summit, scheduled for Santiago next month, was cancelled by Chilean officials, who face international condemnation for their violent response to widespread protests over financial inequality. The United Nations now has just five weeks to salvage an event that was expected to draw tens of thousands of climate activists, investors and world leaders as almost 200 nations look to follow through on the Paris climate agreement. Mosquitoes are much more than a bloodsucking annoyance. In close to half of the world, they transmit a powerful virus called dengue that kills hundreds of thousands of people each year. It's the world's fastest spreading tropical illness, and with accelerating climate change, is appearing in non-tropical areas once free from it, including the southern U.S. In the second installment of Moonshot, a Bloomberg Originals series, we look at the non-profit that aims to eliminate this scourge.  Former Vice President Al Gore traditionally used his 400-acre farm in Tennessee to kick off his political campaigns. Today, it's the site of his training program for aspiring climate scientists and a large scale experiment in regenerative agriculture, which Gore says is the world's most realistic chance at averting climate catastrophe. The world's great powers can't agree on even small steps to tackle climate change. They're engaged in trade wars, intellectual-property spats and actual wars. But in southern France, a 35-country network is collaborating on a massive scientific puzzle: Unlocking unlimited energy with the world's largest fusion reactor.   What we've been reading The wealthy are different from the masses of everyday Americans in many ways. While both may flee their homes in the face of raging fires up and down the California coast, the rich are hiring private firefighters to protect their mansions and estates. Carmen Solano didn't know a brush fire had erupted near the neighborhood where she worked. She simply left at 6 a.m. for her job cleaning a house on a street of multimillion-dollar homes. In California, housekeepers and gardeners are still showing up to work, despite the flames. California's fires aren't just the result of climate change. They're also the result of decades of neglect. It will cost $3.6 trillion to get American infrastructure back to where it should be. Until then, climate change will continue calling in the debt, Alexis Madrigal writes in The Atlantic.  Sponsored by Natixis Investment Managers ESG investing means questioning everything. Even the questions. Natixis Investment Managers is committed to ESG as a powerful lens that can uncover opportunities and seek to mitigate risk. Reshaping portfolios for a changing world. Visit here.     You received this message because you are subscribed to the Bloomberg Climate Changed newsletter.     Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022