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Moriah Costa

@moriahcosta.bsky.social
68 followers 140 following 40 posts

Freelance financial journalist writing about climate change and banking. Editor-in-Chief at Green Central Banking. Urban sketcher and illustrator on the weekends. 📍Paris

PostsRepliesMedia
Reposted by Moriah Costa
Green Central Banking @greencb.bsky.social · 24/07/2026
Britain's new PM handed the Treasury to the ex-Defence Secretary, not climate champion Ed Miliband. The money tells the same story: 3.5% of the GDP going to defence by 2035, and only 0.5% to net zero. greencentralbanking.com/2026/07/22/…
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Reposted by Moriah Costa
Green Central Banking @greencb.bsky.social · 20/07/2026
JP Morgan is one of the first banks to call climate tipping points an immediate cash-loss risk. But its report never mentions fossil fuels, a sector it put $192bn into in 2024. greencentralbanking.com/2026/05/14/…
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Moriah Costa @moriahcosta.bsky.social · 12/07/2026
Not only are data centers increasing electricity and water demand, it seems they could also increase the outside temperature. This was a study done with just two data centers in Uruguay. The impact of AI is only going to make this worse. amenazaroboto.com/the-heat-beh...
amenazaroboto.com
The Heat Behind The Cloud
Twenty-five years of satellite imagery reveal that the Antel data center in Pando generates a heat island visible from space. Eleven kilometers away, Google is building another center several times bi...
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Moriah Costa @moriahcosta.bsky.social · 12/07/2026
Fintech companies are finding loopholes in bank charter rules to become banks without being regulated by the Federal Reserve www.thestreet.com/personal-fin...
thestreet.com
Buy now, pay later company wants to become a bank
And it's found a loophole to do so without being supervised by the Fed
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Moriah Costa @moriahcosta.bsky.social · 10/07/2026
AI tools might mean you’re paying more at the gas station. www.thestreet.com/retail/walma...
thestreet.com
Walmart, Albertsons, other retailers accused of inflating gas prices
A civil lawsuit is seeking compensation for what it claims is an illegal fuel pricing practice.
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Moriah Costa @moriahcosta.bsky.social · 09/07/2026
I don’t think anyone is surprised that you spend less and do less when it’s hot out. The Banque de France just did a study showing how heatwaves do in fact lead to less lending. In other words, the heat waves of today might mean less money in your pocket tomorrow.
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Moriah Costa @moriahcosta.bsky.social · 20/06/2026
US fintech firms are still cutting staff to make room for AI www.thestreet.com/employment/f...
thestreet.com
Another major fintech firm cutting 10% of its workforce
The fintech job-cutting spree isn't over yet.
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Reposted by Moriah Costa
Green Central Banking @greencb.bsky.social · 04/06/2026
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surveymonkey.com
2026 Reader Survey
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Moriah Costa @moriahcosta.bsky.social · 27/05/2026
If you’re suffering this week from the heat, you can blame climate change. www.bbc.com/news/article...
bbc.com
Why temperature records are being not only broken but smashed
The combined effects of a heat dome and climate change have brought extreme warmth to western Europe.
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Reposted by Moriah Costa
Damian Carrington @dpcarrington.bsky.social · 21/05/2026
England must harvest rainfall and take action on water usage, Lords warn - Without urgent intervention England faces water shortages of 5bn litres a day by 2055, peers tell government #climatecrisis www.theguardian.com/environment/...
theguardian.com
England must harvest rainfall and take action on water usage, Lords warn
Without urgent intervention England faces water shortages of 5bn litres a day by 2055, peers tell government
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Moriah Costa @moriahcosta.bsky.social · 21/05/2026
This report on how democracy really dies is alarming when you look at current modern trends. www.nytimes.com/2026/05/18/w...
nytimes.com
Actually, Democracy Dies in H.R.
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Moriah Costa @moriahcosta.bsky.social · 10/05/2026
Me the 10% of the time I’m not reporting or on my phone. Happy Sunday!
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Moriah Costa @moriahcosta.bsky.social · 24/04/2026
The number of EU data centers are increasing but we have no way of knowing their environmental impact thanks to lobbying which has made this information confidential. www.investigate-europe.eu/posts/big-te...
investigate-europe.eu
How Big Tech wrote secrecy into EU law to hide data centres’ environmental toll
Environmental footprint of Europe's data centres kept secret after industry lobbying in a move legal experts warn could violate transparency rules.
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Reposted by Moriah Costa
Carbon Brief @carbonbrief.org · 02/04/2026
NEW – Analysis: Record wind and solar saved UK from gas imports worth £1bn in March 2026 ✍️ @drsimevans.carbonbrief.org Ho Woo Nam Read here: buff.ly/wFGUgMU
Monthly generation from wind and solar in terawatt hours on the island of Great Britain (England, Scotland and Wales), which has a separate electricity system from the island of Ireland, which includes Northern Ireland. Source: National Energy System Operator (NESO) and Carbon Brief analysis.
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Moriah Costa @moriahcosta.bsky.social · 03/04/2026
AI is coming for your wallet. www.thestreet.com/retail/visa-...
thestreet.com
Visa says AI will change how you shop
More Americans may be open to this change than businesses realize.
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Moriah Costa @moriahcosta.bsky.social · 17/03/2026
AI is not only increasing the risk from climate change, but they could also be hit from the insurance gap crisis which has been caused largely by the climate change crisis, according to the FT. giftarticle.ft.com/giftarticle/...
giftarticle.ft.com
Lenders struggle to find insurance cover for mega data centre projects
Lack of sufficient cover means some investors are walking away from deals
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Reposted by Moriah Costa
Hadas Weiss @hadas.bsky.social · 16/03/2026
europeans when asked to help unblock the strait of hormuz
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Moriah Costa @moriahcosta.bsky.social · 11/03/2026
Clean energy is the best bet against energy shocks greencentralbanking.com/2026/03/09/c...
greencentralbanking.com
'Clean energy, not LNG' is Asia’s best hedge against energy shocks
The US-Israeli war on Iran has once again shown how exposed the region is to LNG supply shocks. Experts say renewables are a better bet to curb price volatility.
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Moriah Costa @moriahcosta.bsky.social · 13/02/2026
BREAKING NEWS: The European Central Bank has just issued a fine of €7.5 million against Credit Agricole for not sufficiently identifying climate risks.
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Moriah Costa @moriahcosta.bsky.social · 13/02/2026
As a climate and financial journalist, I find it appalling that one can dismiss decades of research just like that, without any indication or proof that the work is inaccurate. www.nytimes.com/2026/02/12/c...
nytimes.com
Trump Administration Erases the Government’s Power to Fight Climate Change
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Reposted by Moriah Costa
Green Central Banking @greencb.bsky.social · 10/02/2026
After several years of issuing guidance and repeatedly calling on banks to take climate and environmental risk management seriously, the @ecb.europa.eu is moving from guidance and expectations to enforcement, says Michael Horvath. greencb.co/4cfxJBi
greencb.co
ECB’s green supervision grows teeth, but will banks avoid being bitten?
Now the ECB has started issuing fines for failing to address climate risks, it's up to banks to respond to this more robust supervision, says Michael Hovarth of PwC.
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Moriah Costa @moriahcosta.bsky.social · 11/02/2026
So basically going back to what we used to have in major cities like Paris in the 1800s, before industrialization really kicked in.
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Moriah Costa @moriahcosta.bsky.social · 05/02/2026
Climate scientists have been saying for years that economic models used by economists don’t take into account the real risks from climate extremes. Researchers hope to help lower that gap by expanding on solutions for how to go beyond just GDP. greencentralbanking.com/2026/02/05/e...
greencentralbanking.com
Economic models need to go beyond GDP to account for climate change
Modelling needs to incorporate wider factors such as mortality and capital loss to better anticipate climate impacts, say researchers.
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Reposted by Moriah Costa
Climate and Capital Media @climateandcap.bsky.social · 11/12/2025
Elon Musk’s xAI Colossus 2 will burn enough gas to power nearly half of Memphis daily & pump 2,000+ tons of NOx into the air, according to @selc.bsky.social. Residents call it environmental injustice in real time👇 www.climateandcapitalmedia.com/musk-mugs-me... #AI #EnvironmentalJustice
climateandcapitalmedia.com
Musk mugs Memphis again, with xAI’s Colossus 2 data center
World’s largest AI facilities give Boxtown headaches with tons of air pollution, huge water usage, and massive energy demand
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Moriah Costa @moriahcosta.bsky.social · 09/12/2025
Looking for some gifts for a climate change skeptic or want to read a climate book that’s not all doom and gloom? Check out @climateandcap.bsky.social end of year book recommendations www.climateandcapitalmedia.com/the-best-cli...
climateandcapitalmedia.com
The best climate books to give and read over the holidays
Fiction and nonfiction picks (some quite uplifting) for closing out 2025
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Moriah Costa @moriahcosta.bsky.social · 02/12/2025
More and more lawsuits are happening in the US over California’s climate disclosure rules. In the latest development, the court has paused one of those rules but lawyers warn the pause likely won’t last long. greencentralbanking.com/2025/12/01/u...
greencentralbanking.com
US appeals court pauses California’s disclosure rules
The ninth circuit court of appeals paused a rule requiring large companies operating in California to report on business risk from climate change.
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Moriah Costa @moriahcosta.bsky.social · 19/11/2025
What struck me the most when reading this article is how clean lead recycling is possible, but the one company doing it in Nigeria went bankrupt because its expensive. At what cost do we become green? www.nytimes.com/interactive/...
nytimes.com
The Auto Industry’s Lead Recycling Program is Poisoning People
We documented the toxic fallout of a green technology.
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Moriah Costa @moriahcosta.bsky.social · 13/11/2025
Is the EU’s green deal dead? greencentralbanking.com/2025/11/13/e...
greencentralbanking.com
EU omnibus: MEPs vote to slash sustainable reporting requirements
EU parliament votes to cut requirements for green reporting and transition plans aligned with the Paris Agreement.
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Moriah Costa @moriahcosta.bsky.social · 14/10/2025
The Philippines is the most at risk from natural disasters and climate change is going to make it worse. I spoke to the Philippines central bank about what they are doing to try and make their financial sector more resilient to climate change
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Reposted by Moriah Costa
Green Central Banking @greencb.bsky.social · 10/10/2025
Frank Elderson cautioned that “excluding too many firms from the #CSRD could impair the availability of comparable information about important parts of our economy.” That’s why we’re revisiting a year of @greencb.bsky.social coverage on the EU’s proposed sustainability omnibus reforms. 🧵
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Moriah Costa @moriahcosta.bsky.social · 17/04/2025
Not everyone in Brussels agrees with the EU’s omnibus proposal.
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Moriah Costa @moriahcosta.bsky.social · 09/04/2025
It’s challenging to be a journalist these days when everything is about tariffs and you’re trying to let people know about other important climate finance news but you feel like everything not tariff related is getting drowned out.
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Moriah Costa @moriahcosta.bsky.social · 20/03/2025
I’m terrified by what’s happening in the US and how complacent everyone seems to be. Where are the protests? Where are the objections? Please tell I’m wrong and people are actually fighting this. www.nytimes.com/2025/03/20/w...
nytimes.com
‘This Is Worse’: Trump’s Judicial Defiance Veers Beyond the Autocrat Playbook
The president’s escalating conflict with federal courts is even more aggressive than what happened in countries like Hungary and Turkey, experts say.
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Moriah Costa @moriahcosta.bsky.social · 26/02/2025
I’ve been following the EU sustainability omnibus proposal closely. It’s technical and confusing so I wrote an explainer for @greencb.bsky.social on what’s happening and why experts are concerned about its impact on climate risk mitigation. greencentralbanking.com/2025/02/26/e...
greencentralbanking.com
EU omnibus sustainability proposal: Why experts are concerned
The European Commission is planning an EU omnibus regulation to simplify many of the corporate sustainability reporting requirements. The omnibus proposal
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Moriah Costa @moriahcosta.bsky.social · 26/02/2025
I love oysters. Now I have even more reasons to love them. www.noemamag.com/a-climate-so...
noemamag.com
A Climate Solution On The Half Shell | NOEMA
Oysters can feed a growing planet while protecting our coastlines, but only if we help them first.
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Reposted by Moriah Costa
Adam Vaughan @adamvaughan.bsky.social · 10/02/2025
Around 95% of countries have missed a UN deadline to submit new climate pledges for 2035, @carbonbrief.org analysis shows www.carbonbrief.org/analysis-95-...
carbonbrief.org
Analysis: 95% of countries miss UN deadline to submit 2035 climate pledges - Carbon Brief
Around 95% of countries have missed a UN deadline to submit new climate pledges for 2035, Carbon Brief analysis shows.
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Moriah Costa @moriahcosta.bsky.social · 10/02/2025
The USAID shutdown will have far reaching consequences on the worlds climate change mitigation efforts grist.org/politics/usa...
grist.org
How Trump's USAID shutdown threatens the world’s climate goals
USAID was a key player in renewable energy and disaster protection around the world — until Elon Musk showed up.
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Reposted by Moriah Costa
Climate and Capital Media @climateandcap.bsky.social · 05/02/2025
While the US cuts #renewables funding, #Asia takes a global lead with #climate #investment targets worth $1T @karihuus.bsky.social @barclay2.bsky.social @blairpalese.bsky.social @petermckillop.bsky.social @climateandcap.bsky.social
climateandcapitalmedia.com
$1.1 trillion investment opportunity in Asia’s energy transition - Climate and Capital Media
Asia's renewable energy market offers investment opportunities beyond manufacturing solar panels and wind turbines.
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Moriah Costa @moriahcosta.bsky.social · 05/02/2025
I spoke with the head of the European Central Bank’s climate change centre about the importance of banks accounting for climate change risk and the central bank’s plan to continue its work with the NGFS. greencentralbanking.com/2025/02/04/i...
greencentralbanking.com
No plans to back out of climate risk work or NGFS, says ECB climate head
The ECB has no intention of backing down on its work around climate change risk or global cooperation, said Irene Heemskerk, head of the ECB’s climate change centre.
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Reposted by Moriah Costa
Robert Rohde @rarohde.bsky.social · 28/01/2025
Despite the recent cold in the USA, and the presence of a (weak) La Niña in the Pacific, January is on track to be the warmest January on record. 😬
Time series or daily global temperature anomalies from ERA5.
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Moriah Costa @moriahcosta.bsky.social · 24/01/2025
Some good news to start the weekend.
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Reposted by Moriah Costa
The New Yorker @newyorker.com · 23/01/2025
Today’s Daily Cartoon, by Matt Reuter. #NewYorkerCartoons
Two people sit at a dining room table. One shows the other the weather app on their phone, and says, “It says it’s nineteen degrees out, but the general lack of empathy in our current climate makes it feel colder.”
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Moriah Costa @moriahcosta.bsky.social · 23/01/2025
Drawing strangers on the metro to distract myself from current events.
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Moriah Costa @moriahcosta.bsky.social · 21/01/2025
Sharing an article I wrote a few months ago now that Trump has officially withdrawn the US from the Paris agreement. greencentralbanking.com/2024/10/04/t...
greencentralbanking.com
Trump plan to withdraw from Paris Agreement (again) threatens global green transition efforts
If Trump wins a second term, he could not only pull out of the Paris Agreement once more but also withdraw funding from the World Bank and IMF.
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Moriah Costa @moriahcosta.bsky.social · 26/11/2024
Despite pushback from the US, the Basel committee is still considering climate disclosures for banks greencentralbanking.com/2024/11/26/b...
greencentralbanking.com
Basel committee committed to climate disclosures, despite US pushback
US regulators reportedly will not back the Basel committees framework on climate disclosures, leaving its future uncertain.
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Moriah Costa @moriahcosta.bsky.social · 22/11/2024
Well this isn’t looking good.
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Moriah Costa @moriahcosta.bsky.social · 21/11/2024
Snow in Paris today. Yet on Sunday the forecast is for a high of 19 C (66 F).
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Moriah Costa @moriahcosta.bsky.social · 20/11/2024
And it’s only expected to get worse and more unstable in the coming years.
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Reposted by Moriah Costa
Simon Evans @drsimevans.carbonbrief.org · 20/11/2024
#COP29 UPDATE Presidency just outlined plan to wrap up: 🕛midnight new texts on NCQG, MWP, JTWP, UAE dialogue 🕖other texts tomorrow 7am 🗣️single-setting chat to discuss package ✍️then 2nd text iterations ⏰finish on Friday 🤔 STILL NO COVER TEXT: "don’t want to open a new battle front"
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Moriah Costa @moriahcosta.bsky.social · 20/11/2024
The Central Bank of Azerbaijan released a global green taxonomy at Cop29. Cross-border financial flows can get bogged down with all the different taxonomies. Is this yet another roadmap or will it actually help increase sustainable finance in emerging markets? greencentralbanking.com/2024/11/19/c...
greencentralbanking.com
Central Bank of Azerbaijan releases global green taxonomy roadmap at Cop29
The Central Bank of Azerbaijan released a green taxonomy roadmap to improve cross-border flows of sustainable finance among emerging economies.
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