"Powerful economic currents are already pushing electric utilities toward clean energy even if the U.S. Supreme Court hands down a ruling that limits the EPA’s ability to regulate greenhouse gases, National Climate Adviser Gina McCarthy said Thursday."
"Over 70 member organizations in the coalition received charitable contributions in 2020 worth $1.67 million from big California utilities that see solar as the competition."
"President Biden announced today [Fri.] he would extend the Trump administration’s tariffs on solar imports for another four years, but with key exemptions that pleased developers and disappointed U.S. manufacturers."
"Some of the world’s best-known corporations have clamored to show how seriously they are taking climate change, with an increasing number pledging to eliminate their carbon footprints in the decades ahead. But many of those firms are not yet doing nearly enough to back up their promises, according to a new analysis by the New Climate Institute, an independent organization based in Germany that promotes measures to slow Earth’s warming."
"President Biden’s nominee to be the Federal Reserve’s top banking regulator came out swinging yesterday against Republican assertions that she’s on a mission to combat climate change by diverting dollars away from the oil and gas sector."
"While world leaders have vowed to scale back the use of fossil fuels to help keep a lid on global warming, a drastic upheaval in the markets for oil, natural gas and coal could complicate the shift toward cleaner sources of energy."
"How far the Federal Reserve can go to compel banks to consider the consequences of climate change in their lending policies could take center stage at a Senate hearing Thursday on the nominations of Sarah Bloom Raskin and two economists to the Fed’s influential Board of Governors."
"Russia’s $11 billion natural gas conduit to Germany is a by-product of Donald Trump’s pro-Putin foreign policy—and a real headache for President Biden."
"As tensions simmer on the Ukraine-Russia border, the Nord Stream 2 pipeline has become an emblem of the energy and climate issues underlying the conflict—even though it has yet to deliver a molecule of natural gas.
"Regular citizens have taken the fight against illegal logging into their own hands in the pine-covered mountains of western Mexico, where loggers clear entire hillsides for avocado plantations that drain local water supplies and draw drug cartels hungry for extortion money."
"As climate change drives more droughts, rain and extreme weather across American farmland, the cost of insuring the country’s farmers has soared, putting taxpayers increasingly on the hook for the growing tab."
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