"The first public report on climate-related risks to financial markets ever commissioned by a U.S. market regulator will be out in June, the head of the group charged with writing it said on Wednesday."
Economy & Business
"The Government Accountability Office (GAO), will probe the Trump administration’s decision to relocate Bureau of Land Management (BLM) staff from Washington, D.C., to Colorado, House Natural Resources Committee Chairman Raúl Grijalva (D-Ariz.) announced Wednesday."
"Executives at one of the world’s largest utilities companies knew that families in Flint, Michigan, might be at risk of being poisoned by lead in their tap water months before the city publicly admitted the problem, according to internal company emails."
"The European Union unveiled a sweeping set of environmental initiatives on Wednesday aimed at creating the world's first carbon-neutral continent by 2050, touching everything from state aid rules to a green industrial policy and a carbon border tax on imports."
"A top Interior Department official broke a federal ethics rule by improperly meeting with his former employer, a conservative research organization, to discuss the rollback of endangered species protections that the group had been pushing, the department’s internal watchdog said in a report published Tuesday."
"A New York state judge on Tuesday handed Exxon Mobil a victory in the civil case brought by the state’s attorney general that argued the company had engaged in fraud through its statements about how it accounted for the costs of climate change regulation."
"MADRID — U.N. climate change talks enter the final week here on Monday as senior national officials arrive to try to hammer out rules to link the nascent carbon markets that are deemed critical to reaching the targets under the Paris Agreement."
"New England’s historic fishing industry has been in crisis mode for years as the region’s waters warm at a faster rate than most of the world, efforts by regulators to preserve dwindling fish stocks bankrupt boat captains, and a general malaise settles over coastal towns built around the ancient profession."
"PG&E has reached a $13.5 billion deal to settle claims stemming from recent catastrophic fires blamed on its equipment, marking a key milestone in the utility's plan to exit from Chapter 11 bankruptcy."
"California’s wildfires have grown so costly and damaging that insurance companies — a homeowner’s last hope when disaster strikes — have increasingly been canceling people’s policies in fire-prone parts of the state."