Economy & Business

"Climate Summit Turns Its Focus to a Contentious Question: Who Pays?"

"Some of the world’s biggest financial institutions on Wednesday vowed to mobilize trillions of dollars to help shift the global economy toward cleaner energy as negotiators at the United Nations climate summit struggled with the question of how to pay for the enormous costs of climate change."

Source: NYTimes, 11/04/2021

World’s Biggest Banks To Play A Role In Limiting Greenhouse Gas Emissions

"Hundreds of the world’s biggest banks and pension funds with assets worth $130tn have committed themselves to a key goal in limiting greenhouse gas emissions, the UK government will announce on Wednesday."

Source: Guardian, 11/03/2021
November 19, 2021

Offshore Wind Energy on California’s Central Coast: What You Need to Know

The federal government wants to open 399 square miles of the Pacific Ocean along California’s Central Coast to floating offshore wind turbine development. The (San Luis Obispo) Tribune will hold a Live Q&A with a panel of experts to discuss this issue. 3:00-4:30 p.m. ET.

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"Dems, Oil Execs Clash At Hearing: ‘They Are Obviously Lying’"

"Minutes into the questioning of oil company executives at a hearing on climate disinformation this morning, House Oversight and Reform Chair Carolyn Maloney suggested the head of Exxon Mobil Corp. had perjured himself."

Source: E&E News, 10/29/2021

"Amplify Energy Cashed Out Cleanup Fund While Racking Up Violations"

"Years before Amplify Energy made headlines for its ruptured pipeline that spewed oil into Southern California ocean waters in early October, the company’s owners were successfully fighting in court to change its obligation to maintain federally mandated funds for plugging and abandoning offshore oil and gas wells and equipment."

Source: Capital & Main, 10/27/2021

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