"The world’s biggest 60 banks have provided $3.8tn of financing for fossil fuel companies since the Paris climate deal in 2015, according to a report by a coalition of NGOs."
"MINNEAPOLIS — The Minnesota Court of Appeals on Tuesday heard arguments over Enbridge Energy’s Line 3 replacement project in northern Minnesota, which opponents are calling unnecessary due to an eventual decline in the demand for oil.
"Senate Democrats plan to deploy an obscure but powerful legislative weapon in the coming weeks to try to quickly reinstate a major Obama-era climate change rule that the Trump administration had effectively eliminated."
"The world stands on the cusp of a massive shift from fossil fuels to clean electricity, but many are worried that the transition won't be fair. Already, electric cars and efficient heating technologies are showing up disproportionately in wealthy neighborhoods. The U.S. faced a very similar problem almost a century ago with electricity, the energy revolution of that time. Most cities had been electrified by the 1930s, but many rural areas had not, because private electric companies saw little profit in string wires down lonely country roads."
"Conservatives have long argued against regulating fossil fuel production for the climate’s sake, claiming that doing so would interfere with the holy free market. A new study shows that’s a total fairy tale because the invisible hand isn’t responsible for dirty fuels’ market dominance—implicit government subsidies are. The findings show those subsidies total in the billions each year."
"President Biden’s next big thing would fuse the rebuilding of America’s creaky infrastructure with record spending to fight climate change, a combination that, in scale and scope, represents a huge political shift, even for Democrats who have been in the climate trenches for decades."
"Environmentalists say Trump’s EPA bent rules to speed its restart. Now, they want President Biden to address what they call a textbook case of environmental injustice."
"Federal regulators finished an environmental study of America's first major offshore wind farm in the summer of 2019, according to documents newly obtained by E&E News through a Freedom of Information Act request. But the review was never made public, and the timing of its completion raises fresh questions about whether the Trump administration interfered with Vineyard Wind's pursuit of federal approval."
"When a special team of EPA inspectors first showed up at an industrial plant belching carcinogens on the worn outskirts of Birmingham, Ala., in 2011, their findings of flagrant regulatory violations were later deemed serious enough to warrant a referral to the Justice Department."
"President Biden’s economic advisers are pulling together a sweeping $3 trillion package to boost the economy, reduce carbon emissions and narrow economic inequality, beginning with a giant infrastructure plan that may be financed in part through tax increases on corporations and the rich."
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