Economy & Business

"The GOP Has Found A New Reason To Pawn Off America’s Public Lands"

"The new Republican Party platform, adopted this week in advance of the next week’s nominating convention in Milwaukee, mentions federal lands only once — and rather than a vague call to protect them, it proposes pawning some of them off to address housing affordability."

Source: HuffPost, 07/12/2024

BP-Owned Firm Selling Carbon Credits On Trees That Aren’t In Danger: Study

"Some forest carbon offsets sold by the biggest offsetting company in the United States offer little or no benefit to the climate, a satellite analysis has found."

Source: Floodlight/SourceMaterial, 07/12/2024

Nike Pledged To Shrink Carbon Footprint. It Just Slashed The Staff To Do That

"Since December, Nike has lost about 30% of employees who worked primarily on sustainability initiatives, due to layoffs, voluntary departures or transfers to other duties. Already, the company was missing its targets for reducing emissions."

Source: ProPublica/Oregonian, 07/12/2024

Texas Leaders Worry That Bitcoin Mines Threaten to Crash State Power Grid

"Residents in the small town of Granbury are raising alarms over noise from a local Bitcoin mine, while state lawmakers warn that the energy-hungry facilities risk “crashing” the electrical grid."

Source: Inside Climate News, 07/11/2024

"Supreme Court Rulings Boost Odds to Win Chemical Rule Challenges"

"Three recent Supreme Court decisions increase industries’ chances of winning regulatory challenges, but only after a period of divergent lower court rulings on what the nation’s primary commercial chemical law requires."

Source: Bloomberg Environment, 07/11/2024

Azerbaijan Plans Climate Fund After Pushback On Fossil-Fuel Levy: Source

"Azerbaijan, host of this year's U.N. COP29 climate summit, has scrapped plans to propose a levy on fossil-fuel producers to raise climate-change funding, and instead aims to launch a new fund at the summit for green investments in poorer countries, a senior COP29 source said."

Source: Reuters, 07/11/2024


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