Economy & Business

Blackjewel’s Bankruptcy Sign of Trouble for Plummeting Coal Industry

"A federal bankruptcy judge in West Virginia could soon decide whether to allow the Blackjewel coal mining company, once the nation’s sixth-largest coal producer, to shed responsibility for thousands of strip-mined acres, setting up a potential crisis over clean-up and reclamation of the land."

Source: Inside Climate News, 03/04/2021

'Run Oil Industry In Reverse': Fighting Climate Change By Farming Kelp

"One startup in Maine has a vision that is drawing attention from scientists and venture capitalists alike: to bury massive amounts of seaweed at the bottom of the ocean, where it will lock away carbon for thousands of years."

Source: NPR, 03/02/2021

Biden Admin To Consider Carbon Border Tax As Part Of Trade Agenda: USTR

"The Biden administration said on Monday it would consider carbon border adjustment taxes to help cut greenhouse gas emissions in global trade and to combat China’s use of forced labor among Uighur Muslims in its western Xinjiang region."

Source: Reuters, 03/02/2021

Austin Had A Bold New Climate Plan – Until A Gas Company Got Involved

"When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort." "The fossil fuel industry is using the same playbook to fight city climate plans around the country".

Source: Floodlight, 03/02/2021

"Corporate Climate Disclosures to Get Aggressive Scrutiny by SEC"

"The U.S. Securities and Exchange Commission is boosting scrutiny of how well companies disclose risks that climate change poses to their businesses, one of its first moves to confront an issue that’s key to the Biden administration’s policy goals."

Source: Brunswick News, 02/25/2021

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