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Economy & Business

"Big Banks Predict Catastrophic Warming, With Profit Potential"

"Top Wall Street institutions are preparing for a severe future of global warming that blows past the temperature limits agreed to by more than 190 nations a decade ago, industry documents show."

Source: E&E News, 04/02/2025

Trump’s DOE Targets Calif. And Other Blue States For Cuts: Leaked Docs

"The Trump administration’s efforts to dismantle environmental protections and roll back nationwide progress toward clean energy disproportionately target California and other blue states, internal documents show."

Source: LA Times, 04/02/2025

"Trump Said Auto Emissions Don’t Affect the Environment. That’s Not True."

"President Trump announced on Monday that he planned to relax limits on pollution from cars, saying that the move wouldn’t “mean a damn bit of difference to the environment.” But decades of science show that the pollution from automobile tailpipes has harmed the environment and public health, from the days when leaded gasoline sent neurotoxins into the air and soil to the carbon dioxide emissions that are heating the planet right now."

Source: NYTimes, 04/02/2025

"Exclusive: Global Ad Giant WPP Shutters Sustainability-Focused Agency"

"Global ad giant WPP has closed AKQA Bloom, a Miami-based communications agency specialising in sustainability campaigns, according to an email to staff obtained by DeSmog, and merged its operations with parent agency AKQA."

Source: DeSmog, 04/01/2025

"Trump Halts Historic Orphaned Well-Plugging Program"

"The billions of dollars approved by Congress to clean up abandoned oil and gas wells have been frozen as part of President Donald Trump’s sweeping cuts to government spending, creating concerns that the cleanup will be halted just as it’s getting started."

Source: High Country News, 04/01/2025

Follow the Money … for Lobbying State Legislatures

With many states dominated by a few powerful industries — whether oil, mining or agriculture — the influence of campaign dollars can have an outsize effect on legislation, even to the point of corruption, notes the latest Reporter’s Toolbox. So while the U.S. Congress may be languishing, environmental journalists can dig up stories on lobbying at the state level using a powerful data source.

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"Blue Ridge Parkway: Will "Take Years" For Some Areas To Be Repaired"

"While repairs to storm-battered sections of the Blue Ridge Parkway are underway, it will "take years" to repair some of the damage, according to the National Park Service."

Source: National Parks Traveler, 03/31/2025

"How Trump’s Tariffs Could Brake EVs But Accelerate Tesla"

"The planned 25 percent tariff on imported automobiles is a gut punch for most electric vehicle makers, whose supply chains are rooted in China." "At the same time as tariffs wound the overall EV market, they could provide a window of opportunity for automakers that already produce EVs and batteries domestically and could beat competitors on price. The most likely winner is Tesla, analysts said, though other automakers could also benefit."

Source: E&E News, 03/31/2025

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