Economy & Business

"Tucked into the massive climate bill President Joe Biden signed into law this week is a one-sentence provision that could give a huge financial boost to a single energy company."

"Dodge will stop making gas-powered Chargers and Challengers next year, ending an era for a brand that helped define the muscle car, as it and other carmakers shift toward more climate-friendly offerings."

"Global decarbonisation scenarios envisioned by oil and gas majors are incompatible with the Paris climate deal temperature goals aimed at averting devastating heating, according to research published Tuesday."

"The future of Texas’ troubled electric grid is being decided in the dark, with zero public input, by a group of people with deep connections to the fossil fuel industry."

"The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it."

"Kentucky residents who are struggling to rebuild after devastating flooding face huge financial obstacles because almost nobody in the state has flood insurance."

"MONGLA, Bangladesh — The 29-year-old Monira Khatun was devastated after her husband abandoned her suddenly. She returned to her father only to face another blow: He died soon after, leaving her to shoulder three other family members’ care. Without any work, she was worried about how she would feed them."

"Rich nations failed to meet a long-standing pledge to deliver $100 billion to help poorer countries cope with climate change, the OECD said on Friday."

"The oil and gas industry has delivered $2.8bn (£2.3bn) a day in pure profit for the last 50 years, a new analysis has revealed." "Vast sums provide power to ‘buy every politician’ and delay action on climate crisis, says expert".