Economy & Business

"In a bid to boost the whale watching economy, a new law bars Greenlanders from taking humpback whales near the capital."

"Texas' electricity leaders were deeply focused on natural gas shortages days before blackouts crippled the state in February and plunged the state's power industry into chaos, according to documents obtained by E&E News."

"President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change poses to individuals, businesses, the federal government and the U.S. financial system, the White House said."

"Replacing gasoline cars with electric vehicles is a pillar of President Biden's strategy for tackling climate change. But even if the administration sets a deadline to sunset sales of gas-powered passenger vehicles, the export of used cars abroad could stall the global reductions needed to stave off catastrophic warming."

"The owner of a metal-shredding facility is asking a federal court to force the city of Chicago to issue a permit that would allow the company to open a facility in a Southeast Side neighborhood."

"In more than five years since the world agreed to limit warming temperatures, banks have poured more than $3.6 trillion into fossil fuel—almost three times more than total bonds and loans backing green projects, according to Bloomberg data. Now this enduring disparity favoring oil, gas and coal producers might finally be at an end."

"The Biden administration’s efforts to provide $4 billion in debt relief to minority farmers is encountering stiff resistance from banks, which are complaining that the government initiative to pay off the loans of borrowers who have faced decades of financial discrimination will cut into their profits and hurt investors."

"U.S. climate envoy John Kerry said Tuesday that Washington is looking into the possibility of introducing a fee on imports from countries that don’t tax heavy polluters, but he cautioned that such a move could carry risks “downstream.”

"Visiting the Ford Motor Co. Rouge Electric Vehicle Center Tuesday, President Joe Biden presented an American auto industry at a crossroads, forced to choose between two options: Spend around $174 billion and speed ahead to dominate the burgeoning electric vehicle market, or cede the race to China."

"Officials on Vancouver Island say at least 100 trees have been illegally cut down, leaving one stump with a face carved into it".