Economy & Business

"Fed Rescinds Mandate That Banks Plan for Climate Risks"

"Federal regulators have rescinded a requirement that the nation’s largest financial institutions factor climate risks into their long-term planning, a policy dating from the Biden administration that Federal Reserve Board staff called “distracting” and “not necessary” and that Republicans have labeled overreach."

Source: NYTimes, 10/21/2025

"The Government Is Shut Down. But Not for Fossil Fuels."

"More than 700,000 federal employees have been sidelined and thousands more are at risk of being fired as the government shutdown drags on." "Federal workers who issue permits for oil, gas and mining operations are on the job, along with those working to repeal pollution limits."

Source: NYTimes, 10/21/2025

Toxic Fashion — A ‘Between the Lines’ Author Q&A

A simple query about harmful chemicals in airline attendant uniforms started sustainable fashion writer Alden Wicker down a reporting path that uncovered a long history of toxic fashion, took her to India and ultimately inspired her award-winning book, “To Dye For.” In this BookShelf interview, Wicker talks about the challenges, the surprises and the choices made in telling this little-known story.

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US Blocks Global Fee On Shipping Emissions As IMO Meeting Ends

"With trade threats from President Donald Trump, the U.S. derailed the world’s first global carbon fee on shipping as an international maritime meeting adjourned Friday without adopting regulations."

Source: AP, 10/20/2025

"How a ‘Pro-Climate’ Charity Channelled Cash to a Koch-Funded Think Tank"

"A UK charity that portrays itself as a climate leader facilitated a £830,000 donation to the Mercatus Center, a conservative think tank heavily funded by U.S. oil billionaire Charles Koch, DeSmog can reveal."

Source: DeSmog, 10/17/2025

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