Economy & Business

"The Interior Department’s inspector general has concluded that a senior Bureau of Land Management official violated agency ethics rules last year when she met with a previous employer on potential changes to the agency’s regulation of oil and gas development and climate change."

"The Inflation Reduction Act, the tax and climate bill President Biden signed into law last week, could reduce the costs from climate-related damages by up to $1.9 trillion, according to an analysis by the Office of Management and Budget (OMB)."

"On a tour of increasingly parched California on Thursday, U.S. Interior Secretary Deb Haaland visited a water recycling project in Irvine to tout her department’s allocation of more than $310 million to combat a Western “megadrought” fueled largely by climate change."

"Business Roundtable aims to weaken efforts that would enable investors to hold companies accountable for their climate promises".

"Tucked into the massive climate bill President Joe Biden signed into law this week is a one-sentence provision that could give a huge financial boost to a single energy company."

"Dodge will stop making gas-powered Chargers and Challengers next year, ending an era for a brand that helped define the muscle car, as it and other carmakers shift toward more climate-friendly offerings."

"Global decarbonisation scenarios envisioned by oil and gas majors are incompatible with the Paris climate deal temperature goals aimed at averting devastating heating, according to research published Tuesday."

"The future of Texas’ troubled electric grid is being decided in the dark, with zero public input, by a group of people with deep connections to the fossil fuel industry."

"The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it."

"Kentucky residents who are struggling to rebuild after devastating flooding face huge financial obstacles because almost nobody in the state has flood insurance."