Economy & Business

"New federal flood insurance rates that better reflect the real risks of climate change are coming. For some, premiums will rise sharply."

"The Wyss Foundation and eight other philanthropic organizations pledged Wednesday to give $5 billion by 2030 to protect biodiversity around the planet, the largest-ever private gift for conservation."

"Russian Arctic oil is moving north into territories previously untouched by man. The latests lands up for industrial expansion might be the shorelines and delta areas of several Arctic rivers and bays."

"Nations, companies and foundations pledged billions of dollars to feed the world in connection with an ambitious United Nations food summit Thursday, while some grassroots anti-hunger groups and food experts blasted the event as too corporate, tech-focused and top-down."

"Plans are underway for Michigan to construct a first in the nation segment of road that will charge electric vehicles while they’re driving, Gov. Gretchen Whitmer announced Tuesday at the Motor Bella auto show in Pontiac."

"Oil and gas companies have a century-old bad habit of drilling wells and ditching them. And while Congress finally has a plan to plug some abandoned wells, new proposals effectively pass the fossil fuel industry’s cleanup costs on to taxpayers and may even enable more drilling."

"United Nations chief Antonio Guterres said a critical meeting on climate change later this year in Scotland is at risk of failure due to mistrust between developed and developing countries and a lack of ambitious goals among some emerging economies."

"Almost 90% of the $540bn in global subsidies given to farmers every year are “harmful”, a startling UN report has found. This agricultural support damages people’s health, fuels the climate crisis, destroys nature and drives inequality by excluding smallholder farmers, many of whom are women, according to the UN agencies."