Fed Chair Jerome Powell Bucks a Global Trend on Climate Change
"As other central banks take a more activist role, Powell wants Congress and the private sector to assess growing climate risks. Elizabeth Warren calls his views “dangerous.”"
"As other central banks take a more activist role, Powell wants Congress and the private sector to assess growing climate risks. Elizabeth Warren calls his views “dangerous.”"
"The Transportation Department today announced historic funding to replace and repair the nation’s aging bridges. The $26.5 billion will also be used to ensure bridges are resilient to the increasingly severe effects of climate change."
"China’s coal production reached record levels last year as the state encouraged miners to ramp up their fossil fuel output to safeguard the country’s energy supplies through the winter gas crisis."
"The Pipeline and Hazardous Materials Safety Administration is readying its first-ever restrictions on methane emissions and planning to press pipeline companies on the issue in the coming months, marking a significant shift for a federal agency traditionally focused on safety and oil spills."
"Scotland’s largest-ever auction of permits to construct offshore windfarms is expected to raise up to £860m when the results are announced on Monday."
"President Biden is expected to nominate Sarah Bloom Raskin, one of the United States’ most prominent climate finance hawks, to be the Federal Reserve’s top bank cop."
As the Society of Environmental Journalists prepares for its annual conference in Houston this March, the SEJournal asked Texas-based reporter Greg Harman to explore the Lone Star State's most critical stories for 2022. Here, in this special Texas-focused TipSheet, are leads, resources, encouragements and challenges.
With billions of infrastructure dollars now on the table to clean up orphan oil wells, states are already elbowing their way in for a taste. But as our new Backgrounder explains, the process to ensure they cannot pollute the environment or spew climate-change gasses is a complex one. And the sheer (and largely unknown) number of orphaned wells adds to the complications.
Offshore wind, which some see as a panacea in the search for climate-friendly energy solutions, is getting a push from the Biden administration. But as noted in this week’s TipSheet, part of our 2022 Journalists’ Guide to Energy & Environment, there are numerous obstacles to the renewable power source, whether from states, coastal property owners and towns, fishing industry and even some environmentalists.
"The U.S. Postal Service, which has been criticized for its plan to buy tens of thousands of gas-burning delivery trucks, estimates that it could in fact go all-electric if Congress gives it at least $3.3 billion."