Economy & Business

"EPA Leaders Helped Bail Out Failed Philadelphia Refinery"

"Former EPA Administrator Scott Pruitt and other top agency officials were closely involved with reviving a private equity-owned oil refinery that went bankrupt last year and is now shutting down after a fiery explosion last week."

Source: Greenwire, 06/28/2019
July 26, 2019

DEADLINE: Covering Community Impacts of Oil & Gas Development

SciLine will provide an all-expenses-paid, 2½-day workshop, Oct 23-25 at Penn State U, designed to arm journalists — including those without deep backgrounds in science — with the knowledge and context they need to incorporate research-based evidence into stories about how oil and gas development is affecting U.S. communities. Space is limited. Apply by Jul 26.

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U.S. Spends Ten Times More On Fossil Fuel Subsidies Than Education

"A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers."

Source: Forbes, 06/19/2019

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

"A top financial regulator is opening a public effort to highlight the risk that climate change poses to the nation’s financial markets, setting up a clash with a president who has mocked global warming and whose administration has sought to suppress climate science."

Source: NY Times, 06/12/2019

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