Economy & Business

"The National Park Service has started closing orphaned wells using money provided under legislation signed by President Biden."

"American homes in flood zones are overvalued by hundreds of billions of dollars, according to a study published on Thursday in the journal Nature Climate Change."

"Roger Houser's ranching business was getting squeezed. The calves he raises in Virginia's Shenandoah Valley were selling for about the same price they had a few years earlier, while costs for essentials like fuel and fertilizer kept going up. But Houser found another use for his 500 acres."

"Cotton farmers in Texas suffered record losses amid heat and drought last year, new data shows. It’s an example of how global warming is a “secret driver of inflation.”"

"Even as global governments raise their ambitions to cut fossil fuels in the future, they spent a record $1 trillion last year subsidizing energy sources that are the main driver of climate change."

"With many developing nations facing a triple whammy of rising debt loads, climate change and nature loss, conservationists say the answer could lie with a financial instrument enabling them to tackle all three at once: "debt-for-environment swaps".

"America’s top Wall Street regulator might scale back a proposal that would require public companies operating in the United States to disclose their greenhouse gas emissions and any financial risks they face from global warming."

"When it comes to illegal fishing, London’s ancient business of ship insurance may not get much attention. But according to a new complaint, the UK capital’s insurance industry is partly to blame when fishing vessels “go dark” at sea by turning off their mandatory satellite tracking equipment."