Economy & Business

"With Federal Aid on the Table, Utilities Shift to Embrace Climate Goals"

"As billions in government subsidies were at stake, the electric utility industry shed its opposition to clean-air regulation and put its lobbying muscle behind passing President Biden’s climate bill."

Source: NYTimes, 12/02/2022

Enviros Urge Md. Gov.-Elect Moore to Roll Back State Fossil Subsidies

"The advocates say they are “appalled” by Maryland Energy Administration grants aimed at promoting and expanding natural gas infrastructure in the state."

Source: Inside Climate News, 11/28/2022

"Growing Storms Push Shrinking La. Insurers Into Failure"

"More than a year after Hurricane Ida swept across Louisiana, the Category 4 storm is triggering a property-insurance crisis in the state that has bankrupted 11 insurance companies and will force some homeowners to pay annual premiums of nearly $18,000."

Source: E&E News, 11/22/2022

"In a First, Rich Countries Agree to Pay for Climate Damages in Poor Nations"

"After 30 years of deadlock, a new U.N. climate agreement aims to pay developing countries for loss and damage caused by global warming. But huge questions remain about how it would work."

Source: NYTimes, 11/21/2022

"Wealthy Nations Ink $20B Deal To Move Indonesia Off Coal"

"A group of wealthy countries secured a deal Tuesday with Indonesia that would shift the major emitter’s power generation from coal to clean energy. The $20 billion deal financed by governments and financial institutions would be one of the largest public investments ever made to shutter fossil fuel plants."

Source: E&E News, 11/16/2022

Pages

Subscribe to RSS - Economy & Business