Economy & Business

"At fundraisers, Trump has been wooing oil billionaires with a variety of pitches, including false claims about electric cars".

"Earlier this summer, oil billionaire Harold Hamm called for Donald Trump to drop out of the presidential race. He made contributions to the presidential campaigns of Florida Gov. Ron DeSantis and former U.N. ambassador Nikki Haley and questioned publicly whether Trump could beat President Biden in the 2024 election.

"The country’s first expected commercial small modular reactor was scrapped by NuScale Power on Wednesday, delivering a major setback to the advanced nuclear industry."

"The soaring cost of home insurance has consumed the town of Paradise, residents and officials say, as it prepares to commemorate the five-year anniversary of the Nov. 8, 2018, Camp Fire. Residents have received annual premiums that near or exceed $10,000 — leaving many to wonder how they’re supposed to rebuild their hard-hit community when insurance is so shockingly high for houses in an area that is supposed to be among the most affordable in California."

"Even as juries decide against a herbicide maker, proposed industry-backed measures would limit lawsuits and local use restrictions".

"Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States."

"China has become the world’s biggest importer of beef, and Brazil is China’s biggest supplier, according to United Nations Comtrade data. More beef moves from Brazil to China than between any other two countries. But the Brazilian cattle industry is a major driver of the destruction of the Amazon rainforest."

"The UN Environment Programme (Unep) report estimated that between $215bn and $387bn a year is needed for climate adaptation in poor and vulnerable countries alone this decade. However, funding fell by 15% – to just $21bn – in 2021, the report said."