Raising Exxon’s Red Flags: ExxonMobil could be in an “irreversible decline” amid weakening finances and growing controversies over the company’s climate denial. A new report by the Institute for Energy Economics and Financial Analysis discusses red flags for institutional investors such as tanking revenues and carbon-intensive investments including oil sands and deep-sea drilling. On Wednesday, the New York Supreme Court ordered Exxon and its auditor to comply with the subpoena issued by NY Attorney General Eric Schneiderman relating to whether the oil giant misled shareholders on climate risks. (Huffington Post, CNN Money, Politico Pro $, Reuters, The Hill, Albany Times Union, Washington Post $, Greenwire $)

Climate Signals in Australia: Australia is experiencing more heatwaves and extreme rain events and longer fire seasons due to human-made climate change, according to a new report. Surface temperature has increased 1°C since 1910 and rainfall has decreased by nearly 20 percent in some parts of the country since the 1970s. The report also points to the impact of climate change on deep oceans, as up to 75 percent of ocean warming has occurred in the Southern hemisphere. (New York Times $, ABC Australia, Sydney Morning Herald $, Phys.org, The Australian, Business Insider, SBS, Courier Mail)

• Tesla turns profit, Musk says no new capital needed for Model 3 (Reuters, New York Times $, Bloomberg, Financial Times $)
• Florida scientists request meeting with Trump on climate change (Politico, WMNF)
• Clinton, Trump energy advisers spar on Paris, coal and cows (E&E News $)
• White House: New president must be ‘clear-eyed’ about climate (ClimateWire $)
• Military veterans are helping to save coral reefs by combating climate change (Forbes)
• WVU professor tells U.S. Senate to stop ‘War on Coal’ talk (West Virginia Record)
• Moniz: Congress should authorize interim nuclear fuel storage (Morning Consult)
• Government’s push for solar power on federal lands stirs concerns (Wall Street Journal $)
• Warming boosts ocean algae blooms, with potential ripple effects to come (InsideClimate News)
• It’s not just clean air: Electric cars can save the US billions (Wired)
• Spinning coal into a future of manufacturing (Deseret News)
• Climate group to spend $1.8M on battleground state mailers (The Hill)
• Average American seafood intake increased by a pound last year (TIME)
• US Senate candidates debate Arctic issues in Barrow (Alaska Public Radio)
• Anger still flares after judge OKs Volkswagen emissions deal (AP)
• Xcel wants to build four more wind farms in Minn., N.D. (Minneapolis Star Tribune)
• U.S. to unveil path to decarbonize by 2050 in Morocco (Bloomberg BNA)
• New Hampshire consumer advocate floats net metering successor with TOU credits (Utility Dive)
• How Walmart is leveraging DERs for its 100% renewable energy goal (Utility Dive)
• Mysterious Democratic slate card says vote yes on Amendment 1 and for Regalado (Miami Herald)
• US small businesses get USD 300m from USDA for renewables, energy efficiency (SeeNews Renewables)
• Conservative groups urge against extending energy tax breaks (The Hill)
• End of nuclear in U.S. seen by Carlyle Group without subsidies (Bloomberg)
• Green energy would boost Ohio’s economy, report says (Think Progress)
• Native American leaders decry increasingly harsh treatment of Dakota Access protesters (InsideClimate News)
• One of America’s top utility regulatory figures argues the republican case for distributed energy (Greentech Media)
• Zombie wind and solar? How repowering old facilities helps renewables keep cutting costs (Utility Dive)
• Planning to reach ’50 by 30′ in New York (Public News Service)
• Fewer polluters criminally prosecuted as EPA cowers from GOP attacks (The Intercept)
• The author who predicted earth’s bleak future is back (Motherboard)
• LCV targets Jolly in 2nd ‘Exxon Knew’ ad (Morning Consult)
• Is electric car start-up Faraday Future already running out of cash? (LA Times $)
• After a long day of fighting climate change, this grain is ready for a beer (NPR)
• Whole Foods has made a big change in the meat department (Washington Post $)
• Next U.S. offshore wind farm set to emerge from Lake Erie (Bloomberg)
• Trump money ties to Dakota Access run both ways (Think Progress)
• New oil discoveries largely unaffected by Paris pact (Climate Central)

World News

• Scientists report ‘devastating’ coral death in new Great Barrier Reef survey (Washington Post $, Huffington Post, Mashable)
• UN climate body: no ‘Plan B’ if Trump is elected (Climate Home)
• 10 years on from the Stern report: a low-carbon future is the ‘only one available’ (Guardian)
• SocGen to stop financing coal-fired power plants from January (Reuters)
• UN will force shipping to clean up its act (EurActiv)
• Climate change wars are coming and building walls won’t help, top general warns (Independent)
• Super-cold winters in the UK and US are due to Arctic warming (New Scientist & PA)
• How virtual reality can help us feel the pain of climate change (Smithsonian Magazine)
• Strange pumping effect above Asia threatens the ozone layer (Scientific American)
• Meanwhile, in the real world, climate change is creating vast deserts (Esquire)
• German economy minister sees no brown coal exit before 2040 (Reuters)
• Humans create carbon emissions which spawn Australia’s extreme weather – report (Guardian)
• Dong Energy considers sale of oil and gas assets to focus on windfarms (Guardian)
• Oil drilling underway beneath Ecuador’s Yasuní national park (Guardian)
• Sandstorms and broken-down four-by-fours: drone footage in the Tengger Desert (New York Times $)
• Radioactive Fukushima wood becomes power in German machine (Bloomberg)
• China looks at extending car tax cut, improving electric-vehicle funding (Bloomberg)
• Spanish court orders VW to pay compensation to buyer of polluting Audi (Reuters)
• Intergovernmental panel on climate change set to tackle 1.5ºc report (Clean Technica)
• Here’s how climate change is sexist (Glamour Magazine)
• Prince Charles warns of ‘climate change catastrophe if we don’t protect soil’ (Standard)
• Nearly crushed by a flipping iceberg (National Geographic)
• A pumping plan to elude drought (Hakai Magazine)
• We’re adding record amounts of wind and solar, and we’re still not moving fast enough (Washington Post $)
• BlackRock calls for higher carbon price to tackle climate change (Financial Times $)
• Paris Agreement needs time to deliver, says UN climate chief (Climate Home)
• Report: Wildlife populations halved on average since ’70s (AP, Reuters, TIME, Guardian)
• Brazil’s greenhouse gas emissions rise on deforestation spike (Climate Home)
• Google Earth images shed light on where solar rooftops make sense (Thomson Reuters Foundation)
• Global forest carbon finance increased 26 percent in 2015, report finds (Carbon Pulse $)
• Dakar suburbs strive to turn floodwaters from foe to friend (Thomson Reuters Foundation)
• Australia looks to revive dam building (Wall Street Journal $)
• UK public support for fracking is collapsing (Climate Home)
• Tibet just had another massive ice avalanche (Climate Central)
• Alan Jones-backed reef group must condemn climate deniers, say scientists (Guardian)
• Chinese officials ‘interfered’ with air pollution data (AFP)
• Adani readies coal mine as Australia looks to curb green challenges (Reuters)
• India’s green bond market surges in 2016 – CBI (PV-Tech)