Economy & Business

"Trump Administration Agrees To Help Wind Farms With Subsidy Tweak"

"The Trump administration on Thursday agreed to change rules governing key renewable energy tax credits, a win for wind farm owners seeking more time to claim the subsidies because new projects have been stalled by the global coronavirus pandemic."

Source: Reuters, 05/11/2020

"Pandemic Costs May Dry Up Ohio’s Plan to Fight Lake Erie Algae"

"The coronavirus pandemic is endangering a $900 million program that underpins Ohio Gov. Mike DeWine’s long-term strategy for shrinking the annual massive toxic algae blooms in Lake Erie’s western basin."

Source: Bloomberg Environment, 05/11/2020

"Trump Administration Buries Detailed CDC Advice On Reopening"

"The Trump administration shelved a document created by the nation’s top disease investigators with step-by-step advice to local authorities on how and when to reopen restaurants and other public places during the still-raging coronavirus outbreak."

Source: AP, 05/08/2020

Tribes Begin To Receive Partial Stimulus Funding After Court Battle

"The Treasury Department announced Tuesday that it would begin distributing some of the coronavirus stimulus intended for Native American tribes, irking lawmakers who say the administration took far too long to dole out partial funding."

Source: The Hill, 05/07/2020

"Climate Advisers Show Britain Path To Green Recovery"

"Britain should use economic stimulus measures to speed a shift away from fossil fuels and take advantage of low oil prices to raise revenues from carbon taxes without hurting consumers, state-appointed climate advisers said on Wednesday."

Source: Reuters, 05/06/2020

"Coronavirus Could Drive 'Mass Abandonment' Of Oil Wells"

"In the wake of the COVID-19 pandemic that's shaken the global oil sector, oil states fighting to restart their economies may face another kind of crisis: orphaned wells. The pandemic could add thousands of wells to already-strapped programs to reclaim old oil infrastructure in the West and Appalachia."

Source: Energywire, 05/06/2020

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