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25 US Cities With the Most Hazardous Waste Sites

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The United States has thousands and thousands of sites marked for cleanup by the U.S. Environmental Protection Agency. At the top of this list are 1,333 on the Superfund National Priorities List, or NPL, an EPA designation for the most polluted sites, determined by the danger the site’s pollutants have for humans, as well as the environment. 

These critical sites are also evaluated by how many people live near them, so a site closer to dense populations is considered more critical even if it is not as dangerous as a site located further away from population centers. People who live and work within one of these polluted zones may not be aware of the detrimental health impact coming from the air, water, or soil, but it is been shown that populations living near contaminated areas are more likely to be exposed to toxins that can cause birth defects or chip away at life expectancy through increases in the likelihood of chronic diseases and cancer. (Here are 23 places where industrial air pollution is so bad it causes cancer.)

To determine the 25 cities with the most contaminated areas, 24/7 Wall St. reviewed data on hazardous waste sites and city areas. City areas were overlapped with hazardous waste site areas, and then cities were ranked based on the percentage of a city area that is hazardous waste sites. Waste site area data for 2010 and came from Hazardous Waste Site Polygon Data. Cities’ land area data came from the Census Bureau and is for 2020. 

Among the 25 cities on this list, hazardous waste sites make up between 3% and 42% of their land areas, spanning at least one Superfund site. There are seven cities in Arizona and six in California. In Victorville, California, for example, 11% of the city is contaminated with hazardous waste. The city was near the George Air Force Base that was closed in 1992 but left behind contaminants that have leaked into the surrounding soil and groundwater.

The hazardous waste sites in 12 of these 25 cities are current or former military installations whose operations have generated such toxins as solvents, contaminated fuel and waste oil, buried munitions and hazardous chemicals, chemicals used in firefighting foam, and other pollutants. Non-military sites include the South Bay Asbestos Area of San Jose, California, the industrial area of Rubbertown in Louisville, Kentucky, and the site of a former lead smelting plant in Dallas. (Also see, here’s how long it takes for 32 everyday things to decompose.)

Here are the cities with the most hazardous waste areas.

Click here to see our detailed methodology.

The 25 Richest Countries on Earth

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The United States is frequently referred to as the richest country on earth. The basis for this is the country’s gross domestic product, or GDP. At last count, the U.S. has a GDP of about $23 trillion, well above second-place China’s $17.7 trillion. However, GDP is only one way to measure wealth.

24/7 Wall St. used a different measure to determine the richest country in the world, gross national income per capita. Data for 193 countries and special regions came from the World Bank. By this measure, the United States barely cracks the top 10. (By contrast, these are the poorest countries in the world.)

Many of the richest countries in the world benefit from having large multinational corporations headquartered within their borders. Even if these companies earn money overseas, that income is counted towards the gross national income of the country where the business is based.

The world economic landscape has shifted to be increasingly more globalized and interconnected. As a result, many companies, including many that are headquartered in one of the nations on this list, have extended their footprint into dozens of countries and grown their valuation to tens of billions of dollars.

Other countries among the world’s richest are financially well off because they have an important natural resource, generally oil, that is valuable and abundant enough to create many billions of dollars worth of economic activity. Conversely, many others have very large and diverse economies that excel in a number of different fields. (Find out if any of the richest countries are also the happiest. These are the happiest countries in the world.)

Living in a wealthy country comes with numerous advantages, perhaps most importantly is health. Those in countries with high incomes are generally able to get access to better health care and food, and generally have very low maternal and child mortality. Most rich nations have a higher average life expectancy than the world average life expectancy.

The special administrative region of China located at China’s southern tip, Macau’s GNI per capita is $117,340 — nearly $100,000 higher than the worldwide GNI per capita. Macau also ranks as one of the world’s healthiest countries with an average life expectancy at birth of 84.2 years, the third highest in the world. Although it is known as the gambling capital of the world, Macau is also considered a tax haven as foreign earnings are not taxed.

Click here to see the richest countries in the world.
Click here to see our methodology.

 

The Most Energy-Efficient Cars on the Market

Source: Courtesy of Tesla

Sales of electric cars, including plug-in and hybrid cars, broke all kinds of records in 2021 – globally and domestically. The trend has continued in 2022, with electric vehicles outpacing other segments. Interestingly, however, only four of the 12 greenest cars are full electric vehicles. The rest are either plug-in hybrids or gasoline hybrids, based on a ranking by GreenerCars.com.

To find the 12 most eco-friendly cars in America, 24/7 Wall St. reviewed GreenerCars ratings of 2022 model year cars. Greenercars.org is part of the nonprofit research organization American Council for an Energy-Efficient Economy. To avoid repetition, only the highest-scored model for each car is included. All data comes from greenercars.org except for combined MPG, which comes from the Environmental Protection Agency’s fueleconomy.gov site.

There has been a shift toward larger and heavier EVs that are less environmentally friendly, according to this year’s GreenerCars ratings. Of the eight hybrid vehicles on the list, five are gasoline hybrids. This is an increase from the previous year. Gasoline hybrids combine a small gasoline engine with an electric motor that uses energy stored in batteries. The batteries capture energy from regenerative braking and the combustion engine to improve the vehicle’s overall efficiency. (Find out if any are among the cars that have been completely redesigned for 2023.)

The four EV cars on the list are made by MINI, Nissan, Mazda, and Tesla Motors. Three of the previous top EVs – Hyundai Ioniq electric, BMW i3s, and Kia Soul electric – are no longer sold in the United States, according to GreenCars.com.

The automobile Industry continues to deal with cars and parts shortages from the disruption or the supply chain caused by the pandemic. The Biden administration announced a goal for EVs to capture 50% of new sales by 2030. Globally, EV sales accounted for 8.3% of all sales in 2021. (Also see, the 15 cars that hold value the longest.)

Click here to see the most efficient cars on the market.

Click here to see our detailed methodology.

What Vanguard’s withdrawal from the NZAMI really means

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(Mark Hulbert, an author and longtime investment columnist, is the founder of the Hulbert Financial Digest; his Hulbert Ratings audits investment newsletter returns.)

CHAPEL HILL, N.C. (Callaway Climate Insights) — It’s telling that none of the more than half-dozen industry experts and researchers I reached out to for this column was willing to speak on the record—if they even returned my calls.

I told them that I was writing about Vanguard’s decision earlier this month to withdraw from the Net Zero Asset Managers Initiative (NZAMI). That decision has led to no end of hand wringing from many in the climate finance world who worry it means that Vanguard is giving up on doing anything to mitigate climate change. At the same time, many on the right are celebrating because they think Vanguard’s decision means that the firm is forsaking “woke” finance.

Neither of these polarized responses is the whole truth. It’s a testament to how stylized and unhelpful our society’s discussions of climate change have become that no one is willing to say this on the record…

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The 25 Worst Cities to Live in as Climate Change Worsens

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Last month at a UN climate summit in Egypt, leaders came to an agreement to help support poorer nations deal with the disastrous long-term effects of climate change. However, the summit failed to make progress on improving commitments to limit emissions, as the certainty of climate crisis becomes clearer every year.

2021 was the world’s sixth-warmest year on record, according to the U.S. National Oceanic and Atmospheric Administration. This was an improvement over 2019 and 2020, which ranked among the top three warmest on record, but it wasn’t cause for celebration. The ocean heat content – a measure of the amount of heat stored in the upper levels of oceans – broke another record high in 2021, surpassing the previous record high set in 2020.

Average sea levels have risen over 8 inches since 1880, with about 3 inches over the past 25 years, according to the U.S. Global Change Research Program. This acceleration is expected to continue in the foreseeable future, and the NOAA predicts average sea levels to rise 10-12 inches along the U.S. coastline by 2050. At those levels, infrastructure along even the most developed coastlines would be overwhelmed, increasing the frequency of devastating flooding in the same manner as we have already begun to witness in many parts of the world. Indeed, the problem is global.

To find the 25 popular cities in the world that would be most impacted by climate change in the next 20-30 years, 24/7 Wall St. reviewed a study, 2050 Climate Change City Index, published in Nestpick, a platform for furnished rental apartments. The study includes 85 cities that are top destinations and that had data in research papers used for this report. Each city was rated across three categories: sea-level, climate, and water shortage. Cities are ranked by their total score (out of 100). A score of 100 indicates the most extreme changes in climate over the next three decades.

The 25 popular cities with the greatest exposure to the effects of global warming, including rising sea levels and water shortage, have an overall risk score of between 28.6 for Oslo, Norway, to 100 for Bangkok, Thailand. These popular global destinations include rich cities like New York and London as well as poorer ones like Manila in the Philippines and Nairobi in Kenya. (Here are countries where climate change is most evident.)

Though most of these cities have large populations, three are home to fewer than a million people: the metropolitan area of New Orleans, Cardiff, U.K., and Marrakesh, Morocco.

Six of these 25 cities on this list are located in East Asia or Southeast Asia, including Manila, Bangkok, Hong Kong, and Seoul, South Korea. Five of these cities are located in the United States, due to the number of its popular cities located adjacent to bodies of water. (Some of these popular cities are home to human made landmarks climate change is destroying.)

Here are the most popular cities in the world most impacted by climate change.

Click here to read our detailed methodology.

Waiting for the storm: Why 2023 might be better than all the forecasts predict

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In today’s issue:

— Despite the noise of the climate culture wars, technology and progress roll on
— Climate conversations can’t be avoided. And they shouldn’t be, writes Jack Hamilton
— COP15 in Montreal ends with historical global biodiversity agreement; not everyone’s happy

Greetings from London, where we’ve decamped for the holidays. Their year didn’t turn out quite as pivotal for the forces fighting global warming as hoped, and 2023 promises to start out with even more controversy.

Still, gains in renewable output and President Joe Biden’s historic climate law — as well as this month’s nuclear fusion breakthrough by scientists, and Europe’s resolve in overcoming its energy crisis — underscore that despite the noise of the climate culture wars, technology and progress roll on. (See our outlook for 2023 here: These will be the six biggest climate stories for investors next year).

A potential global recession and the horrendous war in Ukraine cast large shadows over 2023, but as we know from this year, reality seldom matches our expectations and relentless planning. The forces of climate finance are changing the game from one of hope to one of action, which we shall see in the coming deals and new investments from Wall Street, Silicon Valley, and Europe.

At Callaway Climate Insights, we’re grateful this holiday season to have continued to grow our subscribers and readers in our third year and we look forward to a fascinating and chaotic climate year in our fourth in 2023. Please be sure to take advantage of our holiday subscription sale to give the gift of climate intelligence to a friend or loved one in the next two weeks.

We’ll be filing intermittently over the next two weeks and back full time in January. Have a happy and restful holiday season. — David

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The 25 Worst Blizzards of All Time

Source: Courtesy of Boston Public Library, Leslie Jones Collection

A powerful snowstorm moved through the northeast this week, shutting down travel and commerce in several states. Places in higher elevations experienced several feet of snow, while other areas were blanketed in a wintery mix that made travel highly dangerous.

Blizzard activity in the U.S. has steadily increased in frequency over the last several decades. According to a recent study published in the January 2017 issue of the Journal of Applied Meteorology and Climate, the number of blizzards has climbed to about 22 as of 2014 from an average of six per season in 1959. The study also found that the area with the most blizzard activity is the northern Great Plains. North Dakota, sections of northern South Dakota and northwestern Minnesota have a more than a 60% chance of getting at least one blizzard a year.

Unlike hurricanes and earthquakes, there is no widely used index for assessing the impact of snowstorms. In recent years, however, the meteorological community has made several successful attempts to establish a standard for measuring the impact of extreme snow events and their historical importance. The Regional Snowfall Index, introduced in 2014, ranks snowstorm impacts on a scale of 1 to 5 using data on a storm’s area of snowfall, the amount of snowfall, and the number of people living in the storm. The RSI has since been used to retroactively classify nearly 600 snowstorms.

To determine the worst blizzards of all time, 24/7 Wall St. ranked snowstorms based on their Regional Snowfall Index values, published by the National Oceanic and Atmospheric Administration’s National Centers for Environmental Information. We included the 25 snowstorms designated as Category 5 since 1900. Data on duration, region, affected area, and affected population also came from the NOAA. Data on affected area and population for Category 5 storms that spanned multiple regions were combined and considered one event. Storm names, as well as measures of snowfall in the affected areas, came from various news and media sources.

Click here to see the worst blizzards of all time.

Survival of the fittest: An evolution in climate science bears examination

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(John Maxwell Hamilton, a former foreign correspondent who has covered the environment, is the Hopkins P. Breazeale Professor of Journalism at Louisiana State University, and a Global Fellow in the Woodrow Wilson International Center for Scholars. He is the author of seven books on foreign affairs.)

WASHINGTON, D.C. (Callaway Climate Insights) — Reviewing books for David Callaway’s Callaway Climate Insights over the past two years has been a reminder of Socrates’s wise aphorism, “The unexamined life is not worth living.”

The books I have reviewed have been about where we are right now with regard to climate change and where we are going. But they have also prompted me to reflect on how things have changed from my childhood 70-odd years ago and from my early years as a journalist.

Today virtually every conversation is a climate change conversation. On any given day you can hear President Joe Biden reaffirm that climate change is “the number one issue facing humanity” or that “A good climate policy is good economic policy.” Even if one calls climate change a hoax, as former president Donald Trump has done, they are talking about the issue. It can’t be avoided.

As reported in Callaway Climate Insights in the past several days, the U.S. Security and Exchange Commission is proposing new rules on mandatory climate reporting for public companies. Advertisers are telling news media they want to showcase their wares around solutions-based climate reporting. Some 60% of Americans, according to a recent Pew Research Center survey, believe global climate change will imperil them personally. A surprising three-quarters of those surveyed say they are willing to make changes in their lifestyles to mitigate global warming.

This pessimistic talk was unheard of in my youth in a Chicago suburb. We did not think of an overheated planet becoming inhospitable to life.

Science classes in grade school were full of joy. We were taught to appreciate the miracles of photosynthesis and the diversity of plants and animals that populate the planet. When we thought about the loss of species, it was as a positive.

Charles Darwin’s The Origin of Species taught us that, as his 1859 book’s full title makes clear. It’s called On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life.

Sure, we lose some species, but we get improved ones too. It is a natural rhythm. Here is what Darwin wrote at the end of the book. The passage is worth quoting at length:

“It is interesting to contemplate an entangled bank, clothed with many plants of many kinds, with birds singing on the bushes, with various insects flitting about, and with worms crawling through the damp earth, and to reflect that these elaborately constructed forms, so different from each other, and dependent on each other in so complex a manner, have all been produced by laws acting around us … There is grandeur in this view of life, with its several powers, having been originally breathed into a few forms or into one; and that, whilst this planet has gone cycling on according to the fixed law of gravity, from so simple a beginning endless forms most beautiful and most wonderful have been, and are being, evolved.”

In 1962, when I was in high school, Rachel Carson’s Silent Spring appeared. The book challenged the bright narrative that Darwin had offered. It described “contamination of air, earth, rivers, and sea with dangerous and even lethal materials.” Birds, insects, and fish were dying. The book was what we term a clarion call to change our ways, but even so it was hopeful about “all these new, imaginative, and creative approaches to the problem of sharing our earth with other creatures.”

As a journalist I covered the environment from time to time. Research for a book on growing global interdependence, Entangling Alliances, took me to Costa Rica, a biodiverse cornucopia. It had more plant varieties than could be found in all of the United States east of the Mississippi River. Like many developing countries the tiny nation was losing species of flora and fauna at an alarming rate due to overdevelopment of fragile tropical soils.

There was a positive side to the story — we Americans always want a positive story if we can find one — and that was Costa Rica was finding ways to celebrate its biodiversity and turn it into an asset. One of its strategies was to develop ecotourism. The country had the enormous advantage of being relatively advanced and adept at working with foreign interests that could provide financial assistance. The country was considered, after all, the Switzerland of Central America. A government minister told me the country aspired to “become a pilot project for 21st century peaceful society.”

In the 30-plus years since I was in Costa Rica for that book, the country has stood out for its environmental work. But how much of a global example is it? Many other countries have done far less well. In much larger Brazil, the previous president encouraged the development of the tropical forests. That calamity will promote global warming far more than tiny Costa Rica will abate it.

The books reviewed in Callaway Insights over the last two years are a litany of the environmental ravages that have aggravated global warming. An example of how our thinking has changed became apparent when reviewing an old book, H.G. Wells’s The Time Machine. As a child the story of leaping ahead in time was entertainingly quaint. I saw his warnings about the earth’s warming the way people in Florida do about predictions of more hurricanes: They continue to build houses because whatever calamity will happen will not happen to them. Now, like Wells’s Time Traveller, I occasionally find myself thinking “cheerlessly of the Advancement of Mankind.”

We lost one of our best economic thinkers on these questions this year. I knew Herman Daly when both he and I worked at the World Bank. It was remarkable for the bank to bring in a maverick senior economist who believed that we needed to rethink the idea of economic growth, which is effectively the bank’s mantra. Daly soon returned to academia, where he won the Right Livelihood Award, sometimes called the “alternative Nobel,” along with Greta Thunberg.

In one of his interviews before he died, Daly reaffirmed his thesis that we need to subtract from GNP those “growth” initiatives that damage the planet. Too often, he argued, we care about intermediate ends, such as more industrial goods, rather than long-range ones that keep the planet going.

This idea did not appear in economic books when I was a college student. They are increasingly prevalent today. Instead of joy about the environment, we have equal measures of fear and denial about where the world is headed. Instead of celebrating abundance, we have bountiful stories on shortages, some amusing but nevertheless speaking to the modern shortage mindset. I have made a habit of keeping track of them.

Here are some of the things that are gone or disappearing, or have been hard to find: lids for canning jars, paper clips, garbage to keep expensive municipal incinerators operating, strippers in Canada and pubs in Ireland, Sony PlayStation2s, GrapeNuts cereal, and molasses.

Post-covid pandemic shortages, ranging from decent lettuce in our grocery stores to workers to stock shelves and serve us at restaurants, have grown too long to monitor effectively.

In the 1970s, the National Commission on Supplies and Shortages said the only thing we had to fear was the “shortage mentality.” Now, of course, the list of shortages is less frivolous. It includes plant and animal species, and clean air and water.

This deterioration, some scientists are arguing, calls for renaming the geologic history of our planet. The current epoch is called the Holocene, which began nearly 12,000 years ago and includes the emergence of organized agrarian communities. These scientists say a new age began in the mid-20th century, coincidentally around the time that I was born. This new Anthropocene epoch is unlike the others. It is manmade, the result of global warming and other human-caused insults to the environment.

It’s an entirely different world from the one that I and many other readers thought we were born into. No longer can we feel assured things will turn out just fine. We cannot stop global warming. We may be able to arrest its advance. We cannot sensibly think that certain parts of the world will remain habitable. We need plans for moving people to places where they can survive.

Every conversation today is a climate conversation and, even if indirectly, about the future of the human species. Unexamined lives are no longer an option.

Callaway Climate Insights

Twitter vs. Tesla in race to the bottom as climate deniers surge

Matthew Diebel

Most likely to be dinged worse by Elon’s antics? Tesla or Twitter?

Surprise, surprise — Tesla $TSLA titan Elon Musk’s takeover of Twitter and his relaxation of standards for posting have resulted in a bunch of climate deniers spouting their stuff on the platform with increasing intensity and frequency. Also not surprising is that climate scientists and environmental activists are worried about it.

Now with Musk’s leadership at Twitter in question, it’s even worse. It was no surprise that Twitter shares shot up this morning after Musk’s Twitter poll on whether he should resign as head of the social media outlet came back firm with more than 57% of voters saying he should.

“Folks noticing a rise in climate denialism and disinformation is particularly worrying and I am concerned that it could slow climate action in ways that are devastating to economies, communities and health,” Twila Moon, a scientist at the National Snow and Ice Data Center, told The Guardian, adding that she was worried that years of connections formed between scientists could “crumble” if trust in Twitter collapses.

Also on Twitter, meanwhile, are netizens angered by Musk’s malarkey and saying they are putting ownership of a Tesla in the rearview mirror. With such hashtags as #NeverTesla #WreckTesla, many are attacking “chief Twit” Musk and swearing they will switch to another EV brand.

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Companies Profiting the Most From War

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Global arms sales climbed for the seventh consecutive year in 2021. Though growth was somewhat muted by supply chain constraints, Russian arms spending ahead of the Ukraine invasion and China’s increased militarization helped drive the rise in global defense spending. (These are the countries that buy the most weapons from the U.S. Army.) 

The world’s 100 largest defense contractors recorded over $592 billion arms and military services sales in 2021, up 1.9% in real terms from the previous year. And the vast majority of those sales – over 70% – went to the coffers of 25 industry giants. 

Using data on 2021 arms and military services sales from the Stockholm International Peace Research Institute, 24/7 Wall St. identified the countries profiting most from war. Each of the 25 companies on this list is estimated to have topped $5 billion in arms and military services sales in 2021.

The world’s five largest defense contractors in 2021 – as measured by arms sales – are all headquartered in the United States. The U.S. military budget is by far the largest of any country in the world, topping $800 billion in 2021, more than the next nine countries combined. 

Much of that money goes directly to many of the companies on this list, including Lockheed Martin, maker of the fifth generation F-35 fighter jet, and Northrop Grumman, the company behind the newly unveiled B-21 Raider stealth bomber. Each of these weapons systems has a nine-figure price tag. (Here is a look at the 22 new weapons in the U.S. military budget next year.)

All told, 12 of the 25 largest defense contractors are headquartered in the United States, seven are in China, and the rest are in Europe and the United Kingdom. 

None of the companies on this list trade exclusively in arms and military services. In fact, 10 of the largest defense contractors derived most of their 2021 revenue from non-military contracts. Boeing, for example, manufactures a range of weapons systems, including the V-22 Osprey, a plane capable of vertical takeoff and landing. But nearly half of its 2021 revenue came from other divisions, such as commercial aircraft.

Click here to see the companies profiting most from war.

Click here to read our detailed methodology.

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