Economy & Business

"The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington -- it’s Wall Street."

"International Energy Agency Executive Director Fatih Birol said on Friday that governments should put renewable energy at the heart of economic rescue packages launched in response to the coronavirus outbreak to avoid a rebound in carbon emissions."

"The SEC has proposed rules that could reduce shareholder proposals for environmental, social and sustainable governance issues, while providing cover for corporations like Exxon Mobil."

"A plan being weighed by Treasury Secretary Steven Mnuchin to steer financial aid to beleaguered oil drillers could set up a clash with Democrats who have warned against any bailout for the industry."

"The U.S. is edging closer to possible meat shortages with another major plant taken off line. About a quarter of American pork production and 10% of beef output has now been shuttered, according to the United Food & Commercial Workers, which estimates that 13 U.S. plants have seen closures."

"U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they struggle under heavy debt loads while engulfed in the worst crisis the oil industry has faced."

"NextEra Energy Inc., the world’s largest utility owner by market value, says it’s poised to increase its dominance over other renewable power developers amid fallout from the coronavirus."

"The day Tom Steyer suspended his campaign for the Democratic presidential nomination, in late February, was the same day the first death from COVID-19 was reported in the United States."