In 2004 an underwater avalanche destroyed an oil platform off Louisiana, causing a 14-year spill. An expert on oil and gas seeps in the Gulf of Mexico warns that this could happen in other places.
Its plan to stop lending money for oil and gas projects embraces the spirit of the Paris agreement at a time when the U.S. is going in a different direction.
If infrastructure is to meet the needs and challenges of an uncertain future, we need to move beyond the AAA ratings mindset and aim for net-positive social and ecological outcomes as well.
Long-term privatisation contracts, most of them closed to scrutiny, lock urban infrastructure into 20th-century formats unsuited for a climate-threatened planet.
Critical infrastructure is our means of survival as an urban species. So, we must identify what is critical, for whom and how it might fail us.
Dealing with climate change will require countries to 'decarbonize' their energy infrastructure. The history of infrastructure suggests this could happen quickly once the transition starts.