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Richardjal

30 Jun 2025 - 02:30 am

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

Michaelwepay

30 Jun 2025 - 02:26 am

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

Michaelreelf

29 Jun 2025 - 08:05 pm

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Bryanchato

29 Jun 2025 - 02:29 pm

Climeworks, which launched in 2009, is among around 140 direct air capture companies globally, but is one of the most high-profile and best funded.
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In 2021, it opened its Orca plant in Iceland, followed in 2024 by a second called Mammoth. These facilities suck in air and extract carbon using chemicals in a process powered by clean, geothermal energy.

The carbon can then be reused or injected deep underground where it will be naturally transformed into stone, locking it up permanently. Climeworks makes its money by selling credits to companies to offset their own climate pollution.

The appeal of direct air capture is clear; to keep global warming from rising to even more catastrophic levels means drastically cutting back on planet-heating fossil fuels. But many scientists say the world will also need to remove some of the carbon pollution already in the atmosphere. This can be done naturally, for example through tree planting, or with technology like direct air capture.
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The advantage of direct air capture is that carbon is removed from the air immediately and “can be measured directly and accurately,” said Howard Herzog, senior research engineer at the MIT Energy Initiative.

But there are big challenges, he told CNN. The concentration of carbon dioxide in the atmosphere has been shooting upward, but still only makes up about 0.04%. Herzog compares removing carbon directly from the air to needing to find 10 red marbles in a jar of 25,000 marbles of which 24,990 are blue.

This makes the process energy-intensive and expensive. The technology also takes time to scale.

Climeworks hasn’t come anywhere close to the full capacity of its plants. Orca can remove a maximum of 4,000 tons of carbon a year, but it has never captured more than 1,700 tons in a year since it opened in 2021. The company says single months have seen a capture rate much closer to the maximum.

The company’s Mammoth plant has a maximum capacity of 36,000 tons a year but since it opened last year it has removed a total of 805 tons, a figure which goes down to 121 tons when taking into account the carbon produced building and running the plants.

Williamlar

29 Jun 2025 - 01:13 am

These preppers have ‘go bags,’ guns and a fear of global disaster. They’re also left-wing
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This fear is where Marlon Smith’s interest in preparedness began. Growing up in Trinidad, he lived through an attempted coup in 1990 that sparked his concern the government would not be there in times of disaster. This only deepened after he moved to New York City and watched the aftermath of 9/11 and then Hurricane Katrina. “You see the inability of the government to truly help their citizens,” he said.

Smith, who now lives in New Jersey, runs a fashion company by day and spends his weekends teaching survival skills — including how to survive nuclear fallout. “People find it funny that I work in women’s evening wear and yet I do this hardcore prepping and survivalism in the woods,” he said.
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It’s hard to pin down the exact number of preppers in the US. Mills says 5 million is a reasonable estimate; others would say much higher. Chris Ellis, a military officer and academic who researches disaster preparedness, puts the figure at around 20 to 23 million using data from FEMA household surveys.

Figuring out the proportion of preppers on the left is perhaps even trickier. Mills, who has surveyed 2,500 preppers over the past decade, has consistently found about 80% identify as conservatives, libertarians or another right-wing ideology. He doesn’t see any dramatic upswing in left-wing preppers.
necdotal evidence, however, points to increased interest from this side of the political spectrum.

Several left-wing preppers told CNN about the burgeoning popularity of their newsletters, social media channels and prepping courses. Shonkwiler says subscriber numbers to his newsletter When/If increase exponentially whenever right-wing views make headlines, especially elections. He saw a huge uptick when Trump was reelected.

Smith has noticed more liberals among his growing client roster for prepping courses. He has an upcoming session teaching a group in the Hamptons — “all Democrats,” he said.

Smith is at pains to keep politics out of prepping, however, and makes his clients sign a waiver agreeing not to talk about it. “You leave your politics and your religion at the door. … You come here to learn; I’ll teach you,” he said.

Vincentgreaw

28 Jun 2025 - 12:14 pm

“AI expends a lot of energy being polite, especially if the user is polite, saying ‘please’ and ‘thank you,’”
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Dauner explained. “But this just makes their responses even longer, expending more energy to generate each word.”

For this reason, Dauner suggests users be more straightforward when communicating with AI models. Specify the length of the answer you want and limit it to one or two sentences, or say you don’t need an explanation at all.

Most important, Dauner’s study highlights that not all AI models are created equally, said Sasha Luccioni, the climate lead at AI company Hugging Face, in an email. Users looking to reduce their carbon footprint can be more intentional about which model they chose for which task.

“Task-specific models are often much smaller and more efficient, and just as good at any context-specific task,” Luccioni explained.
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If you are a software engineer who solves complex coding problems every day, an AI model suited for coding may be necessary. But for the average high school student who wants help with homework, relying on powerful AI tools is like using a nuclear-powered digital calculator.

Even within the same AI company, different model offerings can vary in their reasoning power, so research what capabilities best suit your needs, Dauner said.

When possible, Luccioni recommends going back to basic sources — online encyclopedias and phone calculators — to accomplish simple tasks.

Why it’s hard to measure AI’s environmental impact
Putting a number on the environmental impact of AI has proved challenging.

The study noted that energy consumption can vary based on the user’s proximity to local energy grids and the hardware used to run AI models.
That’s partly why the researchers chose to represent carbon emissions within a range, Dauner said.

Furthermore, many AI companies don’t share information about their energy consumption — or details like server size or optimization techniques that could help researchers estimate energy consumption, said Shaolei Ren, an associate professor of electrical and computer engineering at the University of California, Riverside who studies AI’s water consumption.

“You can’t really say AI consumes this much energy or water on average — that’s just not meaningful. We need to look at each individual model and then (examine what it uses) for each task,” Ren said.

One way AI companies could be more transparent is by disclosing the amount of carbon emissions associated with each prompt, Dauner suggested.

Phillippap

28 Jun 2025 - 09:58 am

“We’re asking everyone to take it slow, avoid driving through standing water, and use alternate routes when possible,” Rosenlund urged.
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Rainfall in Grand Island began Wednesday afternoon but the intensity picked up quickly after dark, falling at more than an inch per hour at times.

A total of 6.41 inches of rain fell by midnight, which made it the rainiest June day and the second rainiest day of any month in the city’s 130-year history of weather records.

The National Weather Service issued a flash flood emergency — the most severe form of flood warning — at 11:45 p.m. CDT Wednesday for Grand Island that continued for several hours into Thursday morning, continuously warning of “extensive flash flooding.”
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Multiple rounds of heavy storms tracked over the area late Wednesday into early Thursday morning and ultimately dumped record amounts of rainfall. A level 2-of-4 risk of flooding rainfall was in place for Grand Island at the time, according to the Weather Prediction Center.

More than a month’s worth of rain – nearly 4.5 inches – fell in only three hours between 10 p.m. CDT Wednesday and 1 a.m. CDT Thursday. Rainfall of this intensity would only be expected around once in 100 years, according to National Oceanic and Atmospheric Administration data.

Climate change is making heavy rainfall events heavier. As the world warms due to fossil fuel pollution, a warmer atmosphere is able to soak up more moisture like a sponge, only to wring it out in heavier bursts of rain.

Hourly rainfall rates have intensified in nearly 90% of large US cities since 1970, a recent study found.

Clintonpraro

28 Jun 2025 - 09:52 am

‘Like wildfires underwater’: Worst summer on record for Great Barrier Reef as coral die-off sweeps planet
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Great Barrier Reef, Australia
CNN
—
As the early-morning sun rises over the Great Barrier Reef, its light pierces the turquoise waters of a shallow lagoon, bringing more than a dozen turtles to life.

These waters that surround Lady Elliot Island, off the eastern coast of Australia, provide some of the most spectacular snorkeling in the world — but they are also on the front line of the climate crisis, as one of the first places to suffer a mass coral bleaching event that has now spread across the world.
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The Great Barrier Reef just experienced its worst summer on record, and the US-based National Oceanic and Atmospheric Administration (NOAA) announced last month that the world is undergoing a rare global mass coral bleaching event — the fourth since the late 1990s — impacting at least 53 countries.

The corals are casualties of surging global temperatures which have smashed historical records in the past year — caused mainly by fossil fuels driving up carbon emissions and accelerated by the El Nino weather pattern, which heats ocean temperatures in this part of the world.

CNN witnessed bleaching on the Great Barrier Reef in mid-February, on five different reefs spanning the northern and southern parts of the 2,300-kilometer (1,400-mile) ecosystem.

“What is happening now in our oceans is like wildfires underwater,” said Kate Quigley, principal research scientist at Australia’s Minderoo Foundation. “We’re going to have so much warming that we’re going to get to a tipping point, and we won’t be able to come back from that.”

Coral bleached white from high water temperatures on the Great Barrier Reef, Australia. CNN
Bleaching occurs when marine heatwaves put corals under stress, causing them to expel algae from their tissue, draining their color. Corals can recover from bleaching if the temperatures return to normal, but they will perish if the water stays warmer than usual.

“It’s a die-off,” said Professor Ove Hoegh-Guldberg, a climate scientist at the University of Queensland in Australia and chief scientist at The Great Barrier Reef Foundation. “The temperatures got so warm, they’re off the charts … they never occurred before at this sort of level.”

The destruction of marine ecosystems would deliver an effective death sentence for around a quarter of all species that depend on reefs for survival — and threaten an estimated billion people who rely on reef fish for their food and livelihoods. Reefs also provide vital protection for coastlines, reducing the impact of floods, cyclones and sea level rise.

“Humanity is being threatened at a rate by which I’m not sure we really understand,” Hoegh-Guldberg said.

Nelsonelelo

28 Jun 2025 - 09:45 am

Despite prepping’s reputation as a form of doomerism, many left-wing preppers say they are not devoid of hope.
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Shonkwiler believes there will be an opportunity to create something new in the aftermath of a crisis. “It begins with preparedness and it ends with a better world,” he said.

Some also say there’s less tension between left- and right-wing preppers than people might expect. Bounds, the sociology professor, said very conservative preppers she met during her research contacted her during the Covid-19 pandemic to offer help.
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There is a natural human solidarity that emerges amid disaster, Killjoy said. She recalls a cashier giving her a deep discount on supplies she was buying to take to Asheville post-Helene. “I have every reason to believe that that man is right-wing, and I do think that there is a transcending of political differences that happens in times of crisis,” she said.

As terrifying events pile up, from the wars in Ukraine and the Middle East to deadly extreme weather, it’s hard to escape the sense we live in a time of rolling existential crises — often a hair’s breadth from global disaster.

People are increasingly beginning to wonder whether their views on preppers have been misconceived, Mills said. “There is a bigger question floating in the air, which is: Are preppers crazy, or is everyone else?”
Killjoy has seen a huge change over the last five years in people’s openness to prepping. Those who used to make fun of her for her “go bag” are now asking for advice.

It’s not necessarily the start of a prepping boom, she said. “I think it is about more and more people adopting preparedness and prepper things into a normal life.”

Evidence already points this way. Americans stockpiled goods in advance of Trump’s tariffs and online sales of contraceptives skyrocketed in the wake of his election, amid concerns he would reduce access. Shows like “The Walking Dead,” meanwhile, have thrust the idea of prepping into popular culture and big box stores now sell prepping equipment and meal kits.

People are hungry to learn about preparedness, said Shonkwiler. “They have the understanding that the world as we knew it, and counted on it, is beginning to cease to be. … What we need to be doing now is figuring out how we can survive in the world that we’ve created.”

Williamcuh

28 Jun 2025 - 09:37 am

Many left-wing preppers also have guns.
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Killjoy is open about the fact she owns firearms but calls it one of the least important aspects of her prepping. She lives in rural Appalachia and, as a transgender woman, says the way she’s treated has changed dramatically since Trump’s first election. For those on the left, guns are “for community and self-defense,” she said.

Left-wing preppers consistently say the biggest difference between them and their right-wing peers is the rejection of “bunker mentality” — the idea of filling a bunker with beans, rice, guns and ammo and expecting to be able to survive the apocalypse alone.

Shonkwiler gives an example of a right-wing guy with a rifle on his back, who falls down the stairs and breaks a leg. If he doesn’t have medical training and a community to help, “he’s going to die before he gets to enjoy all his freeze-dried food.”

“People are our greatest asset,” Killjoy said. When Hurricane Helene carved a path of destruction through Asheville, North Carolina in 2024, Killjoy, who used to live in the city, loaded her truck with food and generators and drove there to help.
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Inshirah Overton also subscribes to the idea of community. The attorney, who came to prepping after enduring Hurricane Irene in 2011, owns a half-acre plot of land in New Jersey where she grows food and has beehives.

She stores fruit, vegetables and honey but also gives them to friends and neighbors. “My plan is to create a community of people who have a vested interest in this garden,” she said.

At one point, Overton toyed with the idea of buying a “bug-out” property in Vermont, somewhere to escape to, but desire for community for her and her two daughters stopped her. In Vermont, “no one knows me and I’m just a random Black lady, and they’ll be like: ‘Oh, OK, right, sure. You live here? Sure. Here’s the barrel of my shotgun. Turn around.’”
This focus on community may stem in part from left-wing preppers’ growing fears around the climate crisis, predicted to usher in far-reaching ecological, social and economic breakdown. It cannot be escaped by retreating to a bunker for a few weeks.

As Trump guts weather agencies, pledges to unwind the Federal Emergency Management Administration and slashes climate funding — all while promising to unleash the fossil fuel industry — climate concerns are only coming into sharper focus.

They’re top of mind for Brekke Wagoner, the creator and host of the Sustainable Prepping YouTube channel, who lives in North Carolina with her four children. She fears increasingly deadly summer heat and the “once-in-a-lifetime” storms that keep coming. Climate change “is just undeniable,” she said.

Her prepping journey started during Trump’s first term. She was living in California and filled with fear that in the event of a big natural disaster, the federal government would simply not be there.

Her house now contains a week’s worth of water, long-term food supplies, flashlights, backup batteries and a solar generator. “My goal is for our family to have all of our needs cared for,” she said, so in an emergency, whatever help is available can go to others.

“You can have a preparedness plan that doesn’t involve a bunker and giving up on civilization,” she said.