Economy & Business

"Trump Wants Oil Drilling in Alaska. A Lease Sale There Just Flopped."

"One of President-elect Donald J. Trump’s biggest “drill, baby, drill” initiatives suffered a significant setback on Wednesday as the Interior Department announced that a lease sale in Alaska’s Arctic National Wildlife Refuge ended without a single bidder."

Source: NYTimes, 01/09/2025

Judge Won't Dismiss Suit Claiming Poland Spring Water Isn't From A Spring

"A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as "spring water."

Source: Reuters, 01/03/2025

Oil Industry Playbook: How Drillers Offload Costly Cleanup Onto the Public

"Oil executive Tom Ragsdale walked away from his old wells, making the pollution left behind the state of New Mexico’s problem. His tactics, however, are ubiquitous in the industry."

Source: ProPublica, 01/02/2025

Calif. Will Require Insurers To Increase Home Coverage In Fire-Prone Areas

"Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more destructive will have to again provide policies in fire-prone areas if they want to keep doing business in California under a state regulation announced Monday."

Source: AP, 01/02/2025

Group Says New Jersey Toxic Waste Dumping Caused $1B In Harm, Sues

"Years of toxic waste dumping in a Jersey Shore community where childhood cancer rates rose caused at least $1 billion in damage to natural resources, according to an environmental group trying to overturn a settlement between New Jersey and the corporate successor to the firm that did the polluting."

Source: AP, 12/23/2024

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