SUN VALLEY, IDAHO – JULY 10: Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025 in Sun Valley, Idaho. Every year, some of the world’s wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. Photo by Kevin Dietsch/Getty Images
“While working families struggle to afford groceries, housing, and gas,” said Sen. Chris Van Hollen, the Trump administration “focuses on tax breaks for billionaires—including tax breaks for private jets.”
A group of Democratic Caucus members in the US Senate on Thursday denounced the US Treasury Department under President Donald Trump over its refusal to close a gaping loophole in the federal tax code that allows some of the wealthiest people in the country to reap tax benefits from their ownership and use of private jets—even as working people and the middle class families struggle to make ends meet in Trump’s economy.
In response to a previous request made in July by Sens. Sheldon Whitehouse (D-RI), Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), Ed Markey (D-Mass.), and Bernie Sanders (I-Vt.) to close a rule that allows the wealthy “to substantially undervalue the taxable cost of personal travel on a corporate private jet,” a letter from a top Treasury official on Thursday said such an effort would be too “burdensome,” including for the uber-rich taxpayers subject to it.
Known as the Standard Industry Fare Level (SIFL) loophole, the lawmakers have argued that it has been exploited by the extremely wealthy to lower their tax burden even as they travel the country—and the world—in the least energy efficient and most polluting way possible.
“President Trump’s 2017 tax law and Big, Beautiful-for-Billionaires bill handed billionaires and big corporations massive tax breaks on private jets,” said Sen. Whitehouse in a statement. “The Trump administration now says it would be ‘burdensome’ to close the private jet tax loophole because this is an administration hell-bent on using the powers of government to make the ultra-rich even richer, and they don’t care if middle-class taxpayers get stuck with the tab.”’
Alongside their July letter, the lawmakers shared analyses detailing the loss of the revenue made possible by the SIFL loophole. According to the Whitehouse’s office,
analyses by the nonpartisan Joint Committee on Taxation detailing the boom in private jet sales after passage of Republicans’ tax cut for corporate jets and highlighting the extent of the tax revenue lost by the abuse of the SIFL loophole. One analysis responds to an inquiry from the senators on the tax consequences of the SIFL loophole, finding that a wealthy executive would pay roughly between $1,577 and $1,804 less in taxes for a flight from JFK airport in New York City to DCA airport in Washington, D.C. under the SIFL method. The fair market value of that flight could range from $4,500 to $5,112, but under SIFL, that executive would only have to report a value of $235.77.
Van Hollen on Thursday denounced the shamefulness of yet another Trump administration position that rewards the wealthy and powerful at the expense of working people.
“Trump’s priorities revolve around enriching himself and his billionaire friends. While working families struggle to afford groceries, housing, and gas, this Administration focuses on tax breaks for billionaires—including tax breaks for private jets,” said Van Hollen.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
Farmers around Europe are dealing with the aftermath of a summer of extreme heat, drought and wildfires that were exacerbated by climate change.
Human-caused climate change is increasing the severity and likelihood of many extreme weather events around the world, which is increasing volatility for food producers.
This summer resulted in, for example, shrunken potatoes in the Netherlands, reduced carrot harvests in France, dried-up rice fields in Italy and scorched olive groves in parts of the Mediterranean region.
Other factors such as blocked fertiliser supplies in the Strait of Hormuz and high fuel costs have also played a role in this year’s agricultural outputs.
In the six charts below, Carbon Brief provides a snapshot of the impact this summer’s extremes are considered to have had on crop production and yields across Europe.
1. Most EU countries expect to see declines in cereal production this year
Changes in cereal production in 26 EU countries between 2025 and 2026. Malta is excluded due to a lack of available data. Source: European Commission.
France, in particular, will see heavy losses in the amount of cereals – such as wheat, barley and oats – it produces this year, according to European Commission data.
French cereal production is expected to drop by almost 8 megatonnes (Mt) in 2026, compared to 2025.
The chart above shows that most European countries, aside from Bulgaria, will also see production losses this year.
Germany is due to see the second-largest losses in production, dropping by almost 4Mt compared to 2025.
Prof Til Feike, a cropping systems expert at the Julius Kühn-Institut, says many areas in Germany and Austria, as with other parts of Europe, have been “hit hard by a long-lasting dry period in combination with record-high heatwaves”.
This has resulted in dry grassland for animals and lower yields of maize, which is a “key fodder crop” for livestock. He tells Carbon Brief:
“In the long run, farming must adapt better to more extreme weather conditions, not only heat and drought, but also prolonged wet periods. So, there is no one-fits-all solution for climate change adaptation.”
2. Most countries are recording reduced crop yields
Heat and a lack of water have “substantially worsened” crop expectations this summer in western and most of central Europe, according to a recent bulletin from the EU Joint Research Centre.
Yields are expected to be “significantly reduced”, with local crop failures “likely” in areas such as France, southern Germany, northern and central Italy, and Hungary, it added.
The chart below shows that yields of cereal grains – which, here, refers to the tonnes of a grain grown per hectare of land – are expected to fall in most EU countries in 2026.
Changes in cereal yields in 26 EU countries between 2025 and 2026. Malta is excluded due to a lack of available data. Source: European Commission.
Slovakia, Austria and Hungary are expected to see the largest declines in cereal yields, reducing by more than one tonne per hectare in 2026 compared to 2025.
The recent EU bulletin noted that irrigated crops performed well in Portugal this summer – the country with the largest yield increases. Other crops relying on rainfall showed growing signs of heat stress, it added.
3. Around €2bn worth of cereal losses after June heatwave
The record heatwave that hit many parts of Europe in June contributed to an estimated €2-2.3bn in cumulative grain production losses, as shown in the chart below.
Estimates of revenue lost due to changes in production forecasts between June and July 2026. Source: ECIU.
The intense June heat in western Europe would have been “virtually impossible” just 50 years ago, according to a rapid climate attribution study. It was the region’s hottest June on record.
ECIU estimated lost supply by multiplying the change in tonnes of grains between these two months by prices for harvest delivery in 28 European countries.
Major grain producers France, Germany, Hungary and Spain accounted for 86% of the lost revenue, according to the ECIU.
Extreme heat is also expected to have a wider economic impact across the continent. Analysis from Triodos Bank found that this summer’s extreme weather could reduce the EU’s gross domestic product (GDP) by around 1% this year, or around €180bn.
4. UK yields of wheat, barley and oats are all due to drop in 2026
If current trends continue, the average yields for cereals and oilseeds will result in the UK’s worst harvest since detailed records began in 1984, according to ECIU.
Yields of cereals and oilseed rape in the UK over 1990-2026. Source: Department for Environment, Food & Rural Affairs and Agriculture and Horticulture Development Board.
ECIU said that, even if the situation improves, this year is still expected to be one of the five worst harvests on record. This means that four of the five worst harvests in the UK have occurred in the past decade.
Consumers will likely see higher prices and/or smaller vegetables in supermarkets as a result, Tim O’Malley, chairman of UK company Nationwide Produce, told BBC News in August.
Other crops, such as berries, have grown successfully in the extreme heat. But the Guardian noted fears this could dip later this year “as plants become exhausted from heavy cropping during the heatwave”.
5. Maize production in France is due to hit a four-decade low
France has been acutely affected by this summer’s extreme weather, with more than 7,300 excess deaths during heatwaves and a record number of weather stations recording temperatures of above 40C.
The country is the EU’s largest agricultural producer, but heat, drought and wildfires have affected many crops.
The chart below shows that maize production is set to drop by more than one-third (35%) year-on-year.
Maize production in France over 1980-2026. Source: Agreste.
This could result in France’s lowest maize production since 1980, according to data from Agreste, the country’s agriculture ministry’s statistics service.
Due to the heat, “record-early” grape harvests have also been recorded in various parts of the nation since mid-July, reported Le Monde. In some cases, this means “smaller, less juicy grapes, which will yield less wine”, explained the newspaper.
6. Declines in EU grains since 2025
Production of cereal crops in Europe over 1993-2026. The “other” category includes oats, rye, sorghum, millet and buckwheat. Source: European Commission.
Overall in the EU, data and projections indicate declines in the output of cereal grains this year.
Cereal production is set to fall by 9% compared to 2025, according to the European Commission.
Just one year in the past decade – 2024 – recorded lower production levels.
Maize production is set to be particularly affected, with projections indicating a 13% drop, to 52Mt – the lowest level in the EU since 2007.
Solar power generation in the UK reached a new record over the summer of 2026, as temperatures across the nation soared, according to new analysis by Carbon Brief.
Collectively over June, July and August, solar farms and rooftops generated 8.8 terawatt-hours (TWh) of electricity in the UK*, as shown in the chart below.
Speaking to Carbon Brief, Chris Hewett, chief executive of trade association Solar Energy UK welcomed the new record, adding that it was driven by “clear skies and continued growth in deployment”.
This surge in generation took place amid the hottest summer on record in the UK, with five heatwaves between May and August.
Summer 2026 was the sixth sunniest on record, with more than 620 hours of sunshine, according to the Met Office. England and Wales – which experienced the most extreme heat – saw their second-sunniest summers on record.
June 2026 was the hottest June in England since records began in 1884, according to Met Office data, while Wales and the UK as a whole experienced their second-warmest June.
It was the driest July for England and Wales since records began in 1836, with some parts of London seeing no rain at all in the month, while Wisley in Surrey had no rain for 62 days.
In England, temperatures peaked at 38.1C at Kew Gardens in London on 13 August.
According to the Met Office, this summer’s record mean temperature was made 130 times more likely by climate change.
Amid these hot and sunny months, solar power generation increased 23% from the same period in 2025. This is double the level of solar generation over the summer of 2021, according to Carbon Brief analysis.
While solar panels can be affected by periods of extreme heat, the longer hours of daylight and higher levels of irradiation over the summer more than offset any efficiency losses.
June, July and August all saw solar set new monthly records for solar generation – July saw the highest solar generation in a calendar month ever, with 3.3TWh meeting 15% of overall electricity demand for the month.
As of the end of August, the total UK solar generation in 2026 stood at 17TWh – 13% higher than the same point in 2025.
The number of solar farms and rooftop installations has grown substantially in recent years, helping to boost generation. Domestic rooftop solar accounts for around 29% of total capacity.
In 2025, the UK’s solar capacity reached 21 gigawatts (GW) by the third quarter of the year, according to UK government figures. This is a jump of 3GW, or 18%, year-on-year, as Carbon Brief reported in January.
(Capacity is the maximum output possible from an electricity generation, whereas generation is what was produced over a certain time period, such as a day, month or year.)
This includes nearly 172,000 solar installations that have been fitted across the UK since the start of 2026, according to recent government figures. In July alone, more than 19,800 rooftop solar panels were installed – the equivalent of one installation every two minutes.
In total, nearly 1.7m households in the UK now have solar panels installed.
Over 26 heatwave days this summer – periods of at least three days when temperatures exceed the Met Office’s county-level heatwave temperature threshold – UK households with rooftop solar panels avoided an estimated £86.7m in electricity costs, according to analysis by Utility Bidder.
Talking about the surge in solar generation this summer, Hewett says:
“[It] not only kept bills down for people with solar and batteries in their homes, but helped keep overall power prices much lower than they would have been if Britain had been relying on more gas generation during the day”.
Despite the record generation, no new half-hourly solar power output record was set in the summer of 2026. This still stands at 15.2 megawatts (MW) on 23 April 2026.
* This article refers to the UK throughout, but strictly relates to the island of Great Britain, made up of England, Scotland and Wales. Northern Ireland is part of the separate, all-Ireland electricity system.
Climate activists protesting against the new fields. Consultations on Jackdaw and Rosebank closed last month. Photograph: Murdo MacLeod/The Guardian
Ministers are poised to approve a controversial new gasfield in the North Sea later this month, according to government sources, and are also likely to approve a major oilfield later this year.
Miatta Fahnbulleh, the energy secretary, will give her recommendation to approve the Jackdaw field off the coast of Aberdeen as soon as next week, according to people close to the decision, with the formal approval following as soon as a week after.
She is also likely to approve the Rosebank mega-oilfield in the coming months, though officials are looking for ways to make sure the proceeds from that project go towards clean energy projects, as happens in Norway.
Both projects have become emblematic of the government’s commitment to the North Sea, with green campaigners calling for them to be abandoned while the US president, Donald Trump, urges the prime minister to open them up.
A spokesperson for the energy department said: “The North Sea remains a vital national asset, supporting jobs, growth and the UK’s energy security. We are clear that oil and gas will continue to play an important role in our energy system for decades to come, alongside transitioning to clean power to protect jobs and tackle the climate crisis.”
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)Experienced climbers scale a rock face near the historic Dumbarton castle in Glasgow, releasing a banner that reads “Climate on a Cliff Edge.” One activist, dressed as a globe, symbolically looms near the edge, while another plays the bagpipes on the shores below. | Photo courtesy of Extinction Rebellion and Mark RichardsNigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
dizzy: Nigel Farage and his Reform 2025 limited company pretending to be a political party are in the news today – their conference is on and there are concerns over dodgy donations yet again. Andy Burnham could take his place in this image … “We ignore the many examples of extreme weather made worse by climate change …”
Polanski has said the byelection is a chance for the community to ‘make history’ by electing London’s first Green MP. Photograph: Ben Montgomery/Getty Images
Polanski says he will ‘stand up for people struggling to pay their bills’ if he becomes MP for Holborn and St Pancras
Zack Polanski will seek to stand as a candidate in the Holborn and St Pancras byelection, he has announced.
The leader of the Green party in England and Wales told the Camden New Journal on Thursday he would “stand up for people struggling to pay their bills” if he was elected as the representative for the area, which became vacant when Keir Starmer announced he was standing down as an MP.
In an effort to stave off accusations he was parachuting himself into the seat, Polanski said he had lived and worked in “this community” over many years. “I know it well and I love it. It represents so many of the things that make London so special. I am so excited by the prospect of representing this place in parliament,” he said.
Local Green party members will have the final say on the selected candidate, but the Guardian understands that they are supportive of Polanski running, and that there is no clear local activist with significant support expected to oppose him.
