Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

Economy & Business

"Congress Votes To Kill Biden-Era Methane Fee On Oil And Gas Producers"

"The Republican-controlled Congress has voted to repeal a federal fee on oil and gas producers who release high levels of methane, undoing a major piece of former President Joe Biden’s climate policy aimed at controlling the planet-warming “super pollutant.” The fee, which had not gone into effect, was expected to bring in billions of dollars."

Source: AP, 02/28/2025

Questions, Confusion as Trump Pauses Key Funds for Shrinking Colorado River

"An executive order issued in the early days of the Trump administration hit pause on at least $4 billion set aside to protect the flow of the Colorado River. The funds from the Inflation Reduction Act were offered to protect the flow of the water supply for about 40 million people and a massive agricultural economy. With the money on hold, Colorado River users are worried about the future of the dwindling water supply."

Source: KUNC, 02/28/2025

Trump Admin Restores $2.1 Billion To Pennsylvania After State’s Lawsuit

"Federal funding to Pennsylvania for climate-related and other programs will be restored, Gov. Josh Shapiro said, reversing a Trump administration freeze after lawsuits by Pennsylvania and almost two dozen other states."

Source: Inside Climate News, 02/28/2025

"Mass Layoffs Begin at NOAA, With Hundreds Said to Be Fired in One Day"

"The Trump administration has begun firing employees at the National Oceanic and Atmospheric Administration, one of the world’s premier centers for climate science."

Source: NYTimes, 02/28/2025

Bezos Overhauls Washington Post Opinion Section. Editor Resigns.

"Jeff Bezos, the owner of The Washington Post, announced a major shift to the newspaper’s opinion section on Wednesday, saying it would now advocate “personal liberties and free markets” and not publish opposing viewpoints on those topics." "David Shipley, The Post’s opinion editor, is resigning after trying to persuade Jeff Bezos to reconsider the new direction."

Source: NYTimes, 02/27/2025

Newsom Asks Congress For Nearly $40 Billion For Los Angeles Wildfire Relief

"California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costliest natural disaster in U.S. history."

Source: AP, 02/25/2025

"Trump Order Shifts the Financial Burden of Climate Change Onto Individuals"

"One of President Donald Trump’s most damaging strikes at the foundation of U.S. climate policy is buried deep in a sweeping Inauguration Day executive order focused on “Unleashing American Energy.” Half way through the lengthy document is a directive that would obliterate an obscure but critically important calculation the government uses to gauge the real-world costs that climate change is imposing on the U.S. economy."

Source: ProPublica, 02/25/2025

Pages

Subscribe to RSS - Economy & Business