Economy & Business

"Bill Wehrum, an Architect of EPA Rollbacks, Faces New Ethics Inquiry"

"The Environmental Protection Agency’s inspector general will investigate allegations that William L. Wehrum, the agency’s former air quality chief, violated ethics rules when he met with former clients from his days as a lawyer and lobbyist for the oil, gas and coal industries."

Source: NY Times, 07/23/2019

Blackhawk Mining Files Bankruptcy, Reaches Agreement With Most Lenders

"Blackhawk Mining, which operates 10 mining complexes across West Virginia and Kentucky with about 2,800 employees, has reached an agreement with most of its lenders. The company said in a news release that it is filing bankruptcy and all of its subsidiaries must be reorganized under its Chapter 11 filing."

Source: WCHS, 07/17/2019

Could Climate Change Spark Financial Crisis? Candidates Warn Fed of Risk

"Some of the Democrats running for president are urging the U.S. central bank to actively confront climate risks to protect the nation's financial system. "

"A few of the Democrats running for president have started warning about climate change in a way that voters rarely think about yet can profoundly affect their lives. To sum it up: If you think the housing crisis was bad, wait until you see how the climate crisis plays out for financial markets.

Source: InsideClimate News, 07/16/2019

"Climate Fwd: Following the Money That Undermines Climate Science"

"It’s difficult to figure out who’s funding climate denial, because many of the think tanks that continue to question established climate science are nonprofit groups that aren’t required to disclose their donors."

Source: NY Times, 07/11/2019

23 Governors Join California’s Push For More Efficient Cars And Trucks

"Nearly two dozen governors, including several Republicans, are imploring the Trump administration to embrace more aggressive gas mileage requirements for the nation’s cars and pickup trucks, saying the White House’s effort to weaken existing requirements could hurt consumers, automakers and the environment."

Source: Washington Post, 07/10/2019

"Moody’s Analytics Says Climate Change Could Cost $69 Trillion By 2100"

"The consulting firm Moody’s Analytics says climate change could inflict $69 trillion in damage on the global economy by the year 2100, assuming that warming hits the two-degree Celsius threshold widely seen as the limit to stem its most dire effects."

Source: Washington Post, 07/04/2019


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