"Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for the project, which is opposed by environmental campaigners and some indigenous groups."
"Climate change threatens to create turmoil in the financial markets, and the Federal Reserve and other regulators must act to avoid an economic disaster, according to a letter sent on Tuesday by a group of large investors."
"The messages, made public in a lawsuit, suggest the E.P.A. rescinded a requirement on methane at the behest of an executive just weeks after President Trump took office."
"WASHINGTON — Not long after President Trump’s inauguration, the head of a fossil fuels industry group requested a call with the president’s transition team. The subject: Barack Obama’s requirement that oil and gas companies begin collecting data on their releases of methane.
That outreach, by Kathleen Sgamma, president of the Western Energy Alliance, appeared to quickly yield the desired results.
"Ohio House Speaker Larry Householder (R) helped pass a controversial nuclear bailout bill in exchange for almost $61 million in bribes, federal prosecutors said Tuesday as they announced racketeering charges against the official."
"The Federal Energy Regulatory Commission has changed the rules for a federal law that allows independent energy projects to secure utility contracts for their power. Utility groups say the changes will reduce costs for customers, but clean-energy groups and independent power developers say they’ll stifle open competition."
"Governments are spending vastly more in support of fossil fuels than on low-carbon energy in rescue packages triggered by the coronavirus crisis, new data has shown, despite rhetoric from many countries in support of a “green recovery”.
"President Trump finalized a major overhaul Wednesday of one of the country’s most consequential environmental laws on the grounds that it has slowed the construction of highways, pipelines and other major projects across the country. The sweeping changes to the 50-year-old National Environmental Policy Act, which opponents have vowed to fight in court and reverse if Democrats regain control of the executive and legislative branches this fall, underscore the stakes in this year’s election."
"Joseph R. Biden Jr. announced on Tuesday a new plan to spend $2 trillion over four years to significantly escalate the use of clean energy in the transportation, electricity and building sectors, part of a suite of sweeping proposals designed to create economic opportunities and strengthen infrastructure while also tackling climate change."
"Climate change activists have emerged as some of presumptive Democratic presidential nominee Joe Biden's most important donors, having hosted some of his biggest fundraising events."
"Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup cost left to taxpayers."
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