Economy & Business

"Perils of Climate Change Could Swamp Coastal Real Estate"

"MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers are increasingly asking instead how far back it is from the waterline. How many feet above sea level? Is it fortified against storm surges? Does it have emergency power and sump pumps?"

Source: NY Times, 11/28/2016

"With a Meeting, Trump Renewed a British Wind Farm Fight"

"When President-elect Donald J. Trump met with the British politician Nigel Farage in recent days, he encouraged Mr. Farage and his entourage to oppose the kind of offshore wind farms that Mr. Trump believes will mar the pristine view from one of his two Scottish golf courses, according to one person present. The meeting, held shortly after the presidential election, raises new questions about Mr. Trump’s willingness to use the power of the presidency to advance his business interests."

Source: NY Times, 11/22/2016

"A Bleak Outlook for Trump’s Promises to Coal Miners"

"Donald J. Trump made coal a centerpiece of his campaign, holding rousing rallies with miners in hard hats, who he said had been neglected under eight years of the Obama administration. ... Now, though, coal may prove a different sort of symbol — that is, of the challenges that the president-elect will face delivering on his many promises to restore struggling sectors of the American economy."

Source: NY Times, 11/21/2016

"Don’t Freak Out About The Future Of Clean Energy Under Trump"

"As the country awoke a week ago to the news of an impending Donald Trump presidency, shares in wind and solar energy companies quickly plummeted. ... But while all of this may look like bad news for renewables, some experts are arguing that the arrival of the new administration hardly spells a death knell for the industry."

Source: Wash Post, 11/17/2016

Battle Over Washington State’s Proposed Carbon Tax Gets Even Weirder

"A carbon tax proposal in Washington state, scheduled for the ballot on Tuesday, has been drawing national attention for weeks as a result of the unexpected controversy it’s inspired among environmental groups, many of whom have outright opposed the initiative."

Source: Wash Post, 11/08/2016

Enviros Backing Standing Rock Protesters Target Bankers Behind Pipeline

"In early August, just as protesters from across the country descended on North Dakota to rally against an oil pipeline near the Standing Rock Sioux Reservation, some of the world’s biggest banks signed off on a $2.5 billion loan to help complete the sprawling project. Now, those banks — which include Citigroup and Wells Fargo of the United States, TD Bank of Canada and Mizuho of Japan — have come under fire for their role in bankrolling the pipeline."

Source: NY Times, 11/08/2016

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