Economy & Business

"E.P.A. to Limit Science Used to Write Public Health Rules"

"The Trump administration is preparing to significantly limit the scientific and medical research that the government can use to determine public health regulations, overriding protests from scientists and physicians who say the new rule would undermine the scientific underpinnings of government policymaking."

Source: NY Times, 11/12/2019

Fed Says $500 Billion in Losses Show Economic Threat of Climate Change

“The U.S. economy has experienced more than $500 billion in direct losses over the last five years due to climate and weather-related events,” Federal Reserve Bank of New York Executive Vice President Kevin Stiroh told a risk forum on Thursday at the bank."

Source: Bloomberg, 11/11/2019

"EPA Chief Of Staff Under Investigation In Document Destruction"

"The Environmental Protection Agency’s inspector general is investigating whether chief of staff Ryan Jackson was involved in destroying internal documents that should have been retained, according to two people familiar with the matter."

Source: Politico, 11/08/2019

"Wall Street Increasingly Weighs Risk From Climate Change"

"In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency. Investors, analysts, research firms and companies are putting more emphasis on how climate issues ranging from rising sea levels to record heatwaves will affect profits and revenues in the United States and what companies are doing to address those risks."

Source: Reuters, 11/07/2019

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