"Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20 economies to phase out fossil fuel subsidies by 2020 despite U.S. doubts about climate change."
Economy & Business
"President Trump signed legislation Tuesday to repeal a controversial regulation that would have required energy companies to disclose their payments to foreign governments."
"At least 15 companies with financial ties to Oklahoma Attorney General Scott Pruitt, Donald Trump’s nominee to run the Environmental Protection Agency, have faced hundreds of EPA enforcement actions, which are the basic tool the agency uses to enforce environmental rules and laws."
"A research scholar at New York University has resigned from Exxon Mobil Corp.'s External Citizenship Advisory Panel, citing what she calls the oil giant’s 'targeted attacks' on environmental groups under former CEO Rex Tillerson’s watch."
"President Trump’s promise to find $1 trillion for infrastructure ran headlong into the senior senator from Wyoming, who said on Wednesday that the White House plan to raise private money for roads and bridges wouldn’t do much to help his rural state."
"A coalition of veteran GOP officials — including five who have either served as treasury secretary or as chairs of the Council of Economic Advisers — will meet Wednesday with top White House officials to discuss the prospect of imposing a national carbon tax, rather than using federal regulations, to address climate change."
"South Carolina regulators on Tuesday rejected an effort by the Trump Organization to limit its environmental cleanup liabilities at an industrial site once owned by President Trump’s eldest son."
"When engineers faced resistance from residents in Denmark over plans to build wind turbines on the Nordic country’s flat farmland, they found a better locale: the sea. The offshore wind farm, the world’s first, had just 11 turbines and could power about 3,000 homes. That project now looks like a minnow compared with the whales that sprawl for miles across the seas of Northern Europe."
"On January 25, President Donald Trump’s team listed the Atlantic Coast pipeline among the White House’s top priorities for infrastructure projects, an attempt to deliver on his campaign promise to invest in U.S infrastructure programs."
"The House hearing intended to raise the curtain on President Trump’s call for infrastructure investment was into its third hour Wednesday when the time came for Rep. Dina Titus (D-Nev.) to speak up."