A decades-old environmental jobs program that provided work for thousands of disadvantaged young people across more than a dozen states has been hit with one of the largest federal downsizings in a decade. Find out how the closing of some Civilian Conservation Centers may be a story near you, from the latest TipSheet.
Economy & Business
"The devastating flooding that has submerged large parts of the Midwest and South this spring has also brought barge traffic on many of the regions’ rivers to a near standstill. ... Shipments of grains, fertilizers and construction supplies are stranded."
"Polluters have long exaggerated the cost of new regulations and downplayed their benefits. Now, the Trump administration is turning that approach into policy as it seeks to slash regulations governing power plant emissions and weaken other environmental laws."
"Many of the world’s biggest companies, from Silicon Valley tech firms to large European banks, are bracing for the prospect that climate change could substantially affect their bottom lines within the next five years, according to a new analysis of corporate disclosures."
"The Trump administration is following through on a plan to allow year-round sales of gasoline mixed with 15% ethanol, though some say the move is undercut by a policy that gives oil refineries waivers allowing them to use reduced levels of the additive."
"T.K. Thorne says the $20 monthly solar fee she pays to Alabama Power will double the time it will take to pay off her rooftop solar system. "
"In Kendell Culp’s corner of northwest Indiana, relentless rain began falling on his farm months ago, saturating the ground his family has nurtured for generations and delaying the start of their planting season by more than a week."
"China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would escalate tensions between the world’s two largest economies."
"Russia launched a nuclear-powered icebreaker on Saturday, part of an ambitious program to renew and expand its fleet of the vessels in order to improve its ability to tap the Arctic’s commercial potential."