Economy & Business

"FEMA Seeks To Slash Disaster Aid As Trump Heads For Exit"

"The Federal Emergency Management Agency is proposing to slash disaster aid to states by making it substantially harder for them to qualify for assistance after extreme weather events like floods, wildfires or storms."

Source: E&E News, 12/15/2020

Biden Faces Environmental Challenges on Multiple International Treaties

As the incoming Biden administration prepares to re-engage on the global stage, environment-related treaties are high on the agenda. The latest Backgrounder, part of our 2021 Guide, takes a closer look at 10-plus top treaties, including those focused on climate change, biodiversity, plastics pollution, airplane emissions, the future of the Arctic and more.

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"For Biden’s Economic Team, an Early Focus on Climate"

"The video rollouts of President-elect Joseph R. Biden Jr.’s pick for Treasury secretary, Janet L. Yellen, and National Economic Council director, Brian Deese, began biographically. But they quickly shifted to focus on an issue that could distinguish Mr. Biden’s core economic team from its predecessors: climate change."

Source: NYTimes, 12/14/2020

"New York’s $226 Billion Pension Fund Is Dropping Fossil Fuel Stocks"

"New York State’s pension fund, one of the world’s largest and most influential investors, will drop many of its fossil fuel stocks in the next five years and sell its shares in other companies that contribute to global warming by 2040, the state comptroller said on Wednesday."

Source: NYTimes, 12/11/2020

Vilsack Gets Lukewarm Response From Reformers As Biden USDA Pick

"News that President-elect Joe Biden has picked former Obama administration Agriculture Secretary Tom Vilsack to run the agency anew has drawn disappointment from some who felt he was too aligned with major agriculture corporations during his previous stint."

Source: The Hill, 12/10/2020

‘Buy It Or Else’: Monsanto And BASF’s Moves To Force Dicamba On Farmers

"Get poisoned or get on board. That’s the choice soybean farmers such as Will Glazik face. The past few summers, farmers near Glazik’s central Illinois farm have sprayed so much of the weedkiller dicamba at the same time that it has polluted the air for hours and sometimes days."

Source: St. Louis Post-Dispatch, 12/09/2020

Climate Change Policy Likely To Permeate Executive Under Biden

What will climate change policy look like under a Biden administration? If nothing else, it appears it will be broadly based across a wide range of executive branch operations. This week’s TipSheet walks you through the top 10 federal departments, agencies and spending centers and how they will pivot to focus on global warming. 

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December 9, 2020

Tradeoffs & Transitions: Exploring Outcomes for U.S. Energy Infrastructure

The Energy Institute at University of Texas at Austin hosts this discussion with Dr. Carey King, Assistant Director of the Energy Institute and Asher Price, reporter for the Austin-American Statesman and 2019 UT Energy Journalism Fellow, on the future of energy infrastructure policy and the prospect for these new measures in the changing landscape of the federal government. Noon-1:00 p.m.

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"Wildfire Risk Leaves Californians Without Homeowners Insurance"

"Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones coverage. That’s because an increasing amount of Californians have been dropped by their regular insurers after years of devastating wildfires that cost billions of dollars and upended the market."

Source: Bloomberg, 12/07/2020

N. American Farmers Profit As Consumers Push Food Business To Go Green

"Beer made from rice grown with less water, rye planted in the off-season and the sale of carbon credits to tech firms are just a few of the changes North American farmers are making as the food industry strives to go green. The changes are enabling some farmers to earn extra money from industry giants like Cargill, Nutrien and Anheuser-Busch."

Source: Reuters, 12/03/2020

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