Economy & Business

"Big Banks Make a Dangerous Bet on the World’s Growing Demand for Food"

"As global banking giants and investment firms vow to divest from polluting energy companies, they’re continuing to bankroll another major driver of the climate crisis: food and farming corporations that are responsible, directly or indirectly, for cutting down vast carbon-storing forests and spewing greenhouse gas emissions into the atmosphere."

Source: Inside Climate News, 03/08/2021

Civilian Climate Corps Is a Government Plan That All Americans Can Back

"It was a rare case of Presidential understatement in the unveiling of a program: the Secretary of Agriculture and the Secretary of the Interior, according to a paragraph buried in Joe Biden’s long executive order on climate change, had been directed to make plans for a Civilian Climate Corps, modelled on the Civilian Conservation Corps—the C.C.C.—of the nineteen-thirties."

Source: New Yorker, 03/08/2021

Biden Hosts Congress Members To Talk Infrastructure, Funding

"The chairman of the House Transportation Committee pitched a plan Thursday to raise money for infrastructure spending without Republican votes in the Senate ahead of a bipartisan discussion at the White House."

Source: Washington Post, 03/05/2021

Blackjewel’s Bankruptcy Sign of Trouble for Plummeting Coal Industry

"A federal bankruptcy judge in West Virginia could soon decide whether to allow the Blackjewel coal mining company, once the nation’s sixth-largest coal producer, to shed responsibility for thousands of strip-mined acres, setting up a potential crisis over clean-up and reclamation of the land."

Source: Inside Climate News, 03/04/2021

'Run Oil Industry In Reverse': Fighting Climate Change By Farming Kelp

"One startup in Maine has a vision that is drawing attention from scientists and venture capitalists alike: to bury massive amounts of seaweed at the bottom of the ocean, where it will lock away carbon for thousands of years."

Source: NPR, 03/02/2021

Biden Admin To Consider Carbon Border Tax As Part Of Trade Agenda: USTR

"The Biden administration said on Monday it would consider carbon border adjustment taxes to help cut greenhouse gas emissions in global trade and to combat China’s use of forced labor among Uighur Muslims in its western Xinjiang region."

Source: Reuters, 03/02/2021

Austin Had A Bold New Climate Plan – Until A Gas Company Got Involved

"When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort." "The fossil fuel industry is using the same playbook to fight city climate plans around the country".

Source: Floodlight, 03/02/2021

Pages

Subscribe to RSS - Economy & Business