Economy & Business

Alleged ‘Deal’ Offer From Trump Could Save Big Oil $110 Billion: Study

"A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry $110bn in tax breaks if he returns to the White House, an analysis suggests."

Source: Guardian, 05/20/2024
May 23, 2024

Unsung (Climate) Hero: The Business Case for Curbing Methane

This Project Drawdown webinar will explore the business case for methane reduction, which would require humans to invest billions, change policies, transform practices and change personal consumption. But doing so could return far more in both climate and financial gains. 1:00 p.m. ET.

Visibility: 

Newsom Calls Trump Bid For $1 Billion From Oil Industry ‘Open Corruption’

"California Governor Gavin Newsom called former President Donald Trump's request for $1 billion from the oil industry to support his reelection campaign "open corruption." Newsom, a Democrat, made the accusation in a speech Thursday at the Vatican Climate Summit, where he addressed other governors, mayors and civic and faith leaders from around the world."

Source: Courthouse News, 05/17/2024

"As Insurers Around the US Bleed Cash From Climate Shocks, Homeowners Lose"

"The owner of this home in Iowa, a state once considered low-risk, was dropped by his insurance company last year. ... As climate change produces more extreme weather, insurers are losing money, even in states with low hurricane and wildfire danger."

Source: NYTimes, 05/15/2024

Alabama Uses Deed Covenants to Ward Off Flooding Claims From Black Residents

"Their land is bound forever. The deeds of three homeowners—Pastor Timothy Williams, Aretha Wright and Page Jones—all living in the historically Black Shiloh community of south Alabama, tell the tale. Restrictive covenants attached to their deeds limit the ability of current and future residents to file actions against the state."

Source: Inside Climate News, 05/13/2024

"Plastic, Plastic Everywhere — Even at the UN’s “Plastic Free” Conference"

"At a conference meant to address the plastic crisis, pro-plastic messaging was inescapable. Meanwhile, industry insiders — some positioned as government delegates — were given access to vital negotiations."

Source: ProPublica, 05/13/2024

Corporate Climate Watchdog Document Deems Carbon Offsets Largely Ineffective

"Staff at an influential corporate climate action group whose board announced a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits has now found such offsets are largely ineffective, a confidential preliminary draft reviewed by Reuters shows."

Source: Reuters, 05/09/2024

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