"Plastics production is on track to become a major source in driving climate change, according to a report out today that finds the industry will outpace coal in greenhouse gas emissions within a decade."
Economy & Business
"The head of environmental group Greenpeace on Thursday warned against efforts by countries and corporations at the forthcoming U.N. climate talks in Glasgow to “greenwash” their ongoing pollution of the planet."
"Climate change is an “emerging threat” to the stability of the U.S. financial system, top federal regulators warned in a report on Thursday, setting the stage for the Biden administration to take more aggressive regulatory action to prevent climate change from upending global markets and the economy."
"With just two weeks until global leaders gather in Scotland for the world’s biggest climate conference, the United States is about to let its leading proposal to cut emissions die in Congress."
"Too often, the line between editorial content and Exxon advertising is being crossed in a paper that won a Pulitzer for its climate coverage."
"Governments in rich countries pledged last year to spend trillions of dollars to rescue their economies from the trough of the pandemic — and to channel that gusher of cash in ways that would aid the fight against climate change. The climate change strategy largely failed."
"The nation’s coal-fired power output is expected to surge for the first time in years, the Energy Information Administration said on Monday. By the end of this year, the U.S. will ramp up its coal production by 22%. That marks the first year-over-year uptick since 2014."
"Scaling down his “build back better” plans, President Joe Biden on Tuesday described a more limited vision to Democratic lawmakers of a $2 trillion government-overhaul package with at least $500 billion to tackle climate change and money for middle-class priorities — child tax credits, paid family leave, health care and free pre-kindergarten."
A profound tightening of companies’ environmental risk disclosure requirements may be ahead, thanks to efforts by the Biden administration’s Securities and Exchange Commission. And the new WatchDog Opinion column argues that as fossil fuel firms position themselves as part of an environmentally sound future, journalists must act too — demanding full disclosure of corporate financial risks related to climate.
"The cost of federal flood insurance is rising for millions of homeowners, threatening to make homes in coastal areas unaffordable for many. The Federal Emergency Management Agency says its new rates better reflect flood risk in a warming climate."