Bemoaning the massive scale of the global climate crisis is no longer the whole story. Climate change has also launched a wave of activity among technologists, businesses, politicians and consumers. A new green economy is being created, from carbon-neutral bonds to wind power and battery storage. Bloomberg Green is our new, indispensable guide to anyone who wants to understand this transition. You’ll still find all the unpleasant scientific numbers about what the human race is doing to our planet, but we will also look for solutions. —Josh Petri

Bloomberg’s Green Daily is where climate science meets the future of energy, technology and finance. Sign up for our daily newsletter to get the smartest takes from our team of 10 climate columnists. Sign up here.

Here are today’s top stories

The U.S. Senate impeachment trial of President Donald Trump began in earnest. Here’s our viewing guide.

A viral lung illness that originated in central China has been confirmed in a single case in the U.S., putting more pressure on health officials to contain the outbreak. U.S. equities fell on the news.

Davos has gotten greener, with panels and speeches devoted to the threat of climate change. Trump and activist Greta Thunberg gave dueling speeches at the forum Tuesday. 

Boeing should rename its flawed 737 Max, according to one of the plane’s biggest buyers. The airliner remains grounded after two crashes killed 346 people.

The Nordic real estate market attracted more investor cash than ever before last year, and it’s now getting even hotter.

Masked members of Venezuela’s intelligence police raided Juan Guaido’s offices in Eastern Caracas on Tuesday.

What’s Joe Weisenthal thinking about? The Bloomberg news director says it’s remarkable—given all the Brexit uncertainty—that the U.K.’s unemployment rate is holding steady at a four-decade low of 3.8%. It’s part of a broader trend of low unemployment, Joe says. 

What you’ll need to know tomorrow

• Hedge funds not led by white men have almost doubled returns.
• Why Tim Cook invested in a shower head he found at a local gym.
• Private-jet security is full of holes. Carlos Ghosn proved it.
• Tesla created demand for electric cars, but only for Teslas.
• Businessweek: Unicorn valuations are being inflated.
• Bombardier is in talks to combine its rail unit with Alstom. 
• Loonie loses its mojo ahead of rate decision.

What you’ll want to read in Bloomberg Green

Australia’s Fires Leaves More Living Outdoors 

For weeks, many of those displaced by Australia’s wildfires have camped out on sports fields and parks, unable to access their communities. At least 28 people have died so far during this unprecedented fire season. Bushfires have consumed an area the size of England, and may have released the equivalent of 900 million metric tons of C02 into the air—more than the nation’s average emissions for an entire year. 

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