Economy & Business

IEA Expects Lower Oil And Gas Prices, Higher Electric Demand In Next 5 Years

"Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, the International Energy Agency (IEA) said Wednesday in its yearly World Energy Outlook."

Source: The Hill, 10/18/2024

"Trump Has Vowed To Gut Climate Rules. Oil Lobbyists Have A Plan Ready."

"An influential oil and gas industry group whose members were aggressively pursued for campaign cash by Donald Trump has drafted detailed plans for dismantling landmark Biden administration climate rules after the presidential election, according to internal documents obtained by The Washington Post."

Source: Washington Post, 10/18/2024

"Puerto Rico Closes $861M DOE Loan Guarantee For Huge Solar, Battery Project"

"The federal government has just finalized a $861 million loan guarantee to fund what will be Puerto Rico’s largest utility-scale solar and battery storage installations."

Source: Canary Media, 10/16/2024

"Where Climate Change Poses The Most And Least Risk To American Homeowners"

"In 2017, Angela and Donald Brudos moved to a modest, ranch-style house where the Caloosahatchee River empties into the vast calm of the Gulf of Mexico. Despite Florida’s reputation for extreme weather, it held out the promise of an affordable paradise where they could retire."

Source: Washington Post, 10/16/2024

Insurance 'Nightmare' Unfolds For Florida Homeowners After Two Hurricanes

"Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage. Yet nearly two weeks after Helene hit — and even before Milton had arrived — what Bello, 54, describes as an insurance “nightmare” has only begun."

Source: NBC News, 10/15/2024

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