Insurers Slashed Hurricane Ian Payouts Far Below Damage Estimates: Docs
"A Washington Post investigation has found that some policyholders had their claims cut by more than 80 percent".
Source: Washington Post, 03/13/2023
Economy & Business
Biden Administration Expected to Move Ahead on Major Oil Project in Alaska
"In one of its most consequential climate decisions, the Biden administration is planning to greenlight an enormous $8 billion oil drilling project in the North Slope of Alaska, according to two people familiar with the decision."
Source: Reuters, 03/13/2023
What Will It Take for Geothermal To Heat Up the Renewable Energy Sector?
Geothermal has long been hyped as the next big thing in renewable energy, but its breakthrough moment hasn’t happened yet. Barriers to expansion include the elusiveness of sites offering the magic trio of heat, water and permeability and concern for unique ecosystems. Contributor Jessica McKenzie on geothermal energy’s possibilities and challenges and the government funding that may finally fire it up.
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Tracing Humanity’s Longtime Urge To Manage Moving Water
When humans began to put down roots, we also started to forge what Giulio Boccaletti calls a “social contract” with water. In his new book, “Water: A Biography,” the London-based scientist explores that relationship through a long historical lens. BookShelf contributor Gary Wilson reviews the volume and finds that political ambitions and economic development are central to the story.
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Finding the Secret Rail Hazmat Routes Near You
Under federal rules, states can decide whether to divulge information about hazardous materials rolling along their railways — and mostly they don’t. Not knowing where and when hazmat trains are traveling or what’s on board creates anxiety and raises the risk for those who live near the tracks. TipSheet offers resources and step-by-step instructions for investigating railway hazmat threats to your community.
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"Business Backlash Pushing GOP To Weaken Anti-ESG Proposals"
"Conservative Republicans who want to thwart socially and environmentally conscious investing are now being pushed to water down their proposals after backlash from powerful business groups and fears that state pension systems could see huge losses."
Source: AP, 03/10/2023
"House Republicans Announce Major Energy Package As Top Priority Bill"
"House Republicans on Thursday announced that a major energy package that has been in the works for weeks will be known as H.R.1, signifying that it’s the party’s top priority for the congressional session."
Source: The Hill, 03/10/2023
Senate Panel That Grilled Norfolk Southern CEO Is Awash In Company's Cash
"Norfolk Southern’s corporate PAC has donated more than $375,000 to members of the Senate committee that grilled the railroad’s chief executive on Thursday about the toxic derailment of one of the company’s trains in East Palestine, Ohio."
Source: HuffPost, 03/10/2023
"EPA Would Get 19% Boost to Record High Funding in Biden Budget"
"The White House’s fiscal 2024 budget asks for $12 billion for the EPA, a 19% increase over its current enacted level and a record high amount that’s almost certain to be trimmed during congressional negotiations."
Source: Bloomberg Environment, 03/10/2023
"Biden Budget Seeks Big Deficit Cuts In Challenge to GOP"
"With the government at risk of defaulting, President Joe Biden on Thursday will make his opening offer in a high-stakes debate over federal finances as he proposes a federal budget that would cut deficits by nearly $3 trillion over the next decade."
Source: AP, 03/09/2023
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