Economy & Business

"The head of climate change at the UN has warned that world leaders are still “far away” from securing a deal to limit the disastrous effects of global heating, with less than five months to go before a key summit in Glasgow."

"The White House has reiterated its opposition to raising the gas tax in a new statement issued Friday as lawmakers negotiate an infrastructure proposal."

"Now, companies are creating labels to show consumers the environmental costs of their daily habits. Carbon labels have already cropped up salads, sneakers and even face creams. Unilever, the maker of Dove soap and Lipton teas, has said it will add labels to all of its 70,000 products."

"Ten Democratic and Republican senators who crafted a bipartisan infrastructure plan are having trouble winning liberal senators to their cause."

"Senate Majority Leader Charles Schumer (D-N.Y.) says he will convene a meeting with all 11 Democratic members of the Senate Budget Committee on Wednesday to begin the process for passing a budget resolution, paving the way for Democrats to pass a major infrastructure bill on a party-line vote."

"When the long-mothballed Limetree Bay oil refinery reopened in February, environmentalists saw it as a parting gift from the Trump administration to the deeply divided people of St. Croix in the U.S. Virgin Islands. Some thought the massive facility would help revive the island’s economy while others feared environmental disaster and a looming climate nightmare."

"The world’s richest governments are under mounting pressure to help poor countries fight climate change. At the Group of Seven summit in the U.K., they’ll get a fresh chance to do something about it."

"One of the nation’s biggest solar-energy companies said on Wednesday that it would double production in the United States by opening a third plant in Ohio by the middle of 2023."