Economy & Business

Oil Companies Quietly Scoring Big Money for Carbon Capture and Storage

"Over the last year, energy companies, electrical utilities and other industrial sectors have been quietly pushing through a suite of policies to support a technology that stands to yield tens of billions of dollars for corporate polluters, but may do little to reduce greenhouse gas emissions."

Source: Inside Climate News, 08/18/2021

"Climate Movement Keeping Eye on Biden Fed Chair Nomination"

"Climate activists are starting to map out a coordinated campaign to oppose the potential re-nomination of Federal Reserve Chair Jerome Powell, because they view his record on fighting climate change through the banking system as scant and not aggressive enough.

The campaign will kick off on August 26 at the start of the Jackson Hole Economic Symposium, a gathering of Federal Reserve and economic officials in Wyoming.

Source: Bloomberg Environment, 08/16/2021

"Manufacturers Make PFAS-Free Food Packaging Recipe Available To All"

"Two American manufacturers unveiled a new recipe on Thursday for PFAS and plastics-free packaging for everything from burgers to salads, in a bid to make takeout food more sustainable and safer for consumers. While the companies—Zume and Solenis—are not the first to design a grease-resistant, PFAS-free food container, this is the first time that manufacturers have open-sourced such packaging technology."

Source: EHN, 08/13/2021

Senate Passes $3.5 Trillion Budget Plan Funding Climate Programs

"The Senate took a major step early on Wednesday toward enacting a sweeping expansion of the nation’s social safety net, approving a $3.5 trillion budget blueprint along party lines that would allow Democrats to fund climate change, health care and education measures while increasing taxes on wealthy people and corporations."

Source: NYTimes, 08/11/2021

"Drought Hits South American River, Threatening Vast Ecosystem"

"The Paraná River, one of the main commercial waterways in South America, has reached its lowest level in nearly 80 years due to a prolonged drought in Brazil that scientists attribute to climate change. At peril is a vast ecosystem that includes potable water for 40 million people, the livelihood of fishing communities and farmers, and the navigability of a major grain export hub."

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Source: AP, 08/09/2021

Biden Calls For Half Of New Cars To Be Electric Or Plug-In Hybrids By 2030

"President Biden on Thursday unveiled a far-reaching, multipronged plan to make U.S. cars and light trucks more fuel-efficient and to begin a shift to electric vehicles over the coming decade. The move marks one of the administration’s most consequential pushes so far to combat climate change and tackle the nation’s biggest source of greenhouse gas emissions."

Source: Washington Post, 08/06/2021

FEMA Not Pushing Homeowners Hard Enough to Buy Flood Insurance: GAO

"The Federal Emergency Management Agency (FEMA) has been collecting a lot of information about flood risks across America, including the increased risk of flooding linked to climate change. But the agency has not effectively used that new knowledge to persuade more Americans to buy flood insurance, according to a new report from the Government Accountability Office."

Source: Inside Climate News, 08/05/2021

After Months Of Work, Senators Unveil $1 Trillion Infrastructure Bill

"U.S. senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could pass this week the largest public works legislation in decades."

Source: Reuters, 08/02/2021
September 6, 2021

DEADLINE: NPF Fellowship on Biomass and Climate Change Ahead of COP26 Conference

Join the National Press Foundation for an all-expenses-paid fellowship for 20 U.S. and Canadian journalists to look at the economic, climate and conservation issues posed by biomass. The training will be held Oct 10-13, 2021 in North Carolina (or online if pandemic worsens). The deadline to apply is Sep 6.

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August 6, 2021

DEADLINE: Business & Sustainability Initiative at Solutions Journalism Network

Newsrooms: Apply by Aug 6, 2021 for funding (up to $5,000), training and support by SJN staff for coverage of businesses' role in solutions related to sustainability issues such as climate action, clean water, biodiversity and renewable energy, with a focus on communities served by the solutions.

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