Economy & Business

"Interior Official Broke Ethics Rules, Government Watchdog Concludes"

"A top Interior Department official broke a federal ethics rule by improperly meeting with his former employer, a conservative research organization, to discuss the rollback of endangered species protections that the group had been pushing, the department’s internal watchdog said in a report published Tuesday."

Source: NY Times, 12/11/2019

"New York Loses Climate Change Fraud Case Against Exxon Mobil"

"A New York state judge on Tuesday handed Exxon Mobil a victory in the civil case brought by the state’s attorney general that argued the company had engaged in fraud through its statements about how it accounted for the costs of climate change regulation."

Source: NY Times, 12/11/2019

Climate ‘Shocks’ Eliminated 16% Of New England Fishing Jobs: Study

"New England’s historic fishing industry has been in crisis mode for years as the region’s waters warm at a faster rate than most of the world, efforts by regulators to preserve dwindling fish stocks bankrupt boat captains, and a general malaise settles over coastal towns built around the ancient profession."

Source: HuffPost, 12/10/2019

"UN Climate Talks Aim To Pave Way For Global Carbon Market"

"Economists say that carbon markets ... can become a powerful tool in the fight against climate change, by giving emitters a financial incentive to reduce greenhouse gases. But despite making progress in other areas, governments have for years been unable to agree on the rules that would allow truly global trade in carbon permits to flourish."

Source: AP, 12/06/2019

Climate Impacts: Insurers Cherry-Pick Homes, Leave Flooded Ones For Feds

"Taxpayers could be forced to spend billions of dollars to bail out the federal government's flood program as private-sector insurers begin covering homes with little risk of flooding while clustering peril-prone properties in the indebted public program."

Source: ClimateWire, 12/04/2019

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