Economy & Business

"The Inflation Reduction Act was hailed for its climate funding – but some are concerned several provisions will worsen a growing environmental disaster".

"A federal judge in Nevada on Monday upheld the federal government’s approval of the largest proposed lithium mine in the nation, dismissing arguments that the Thacker Pass project would degrade nearby aquifers, air quality, and habitat for the imperiled greater sage grouse."

"The crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions: its reliance on the country’s most affluent and powerful private citizens."

"Capitol Hill’s permitting reform effort got new life Wednesday as two top Senate and House lawmakers held an initial summit on reviving the overhaul bid. This time, the House could take the lead."

"House Republicans took aim at the country’s bedrock environmental policy in their first meeting in charge of the House Energy and Commerce Committee on Tuesday, painting a bleak picture of the energy sector under President Biden and pushing for sweeping action to boost gas production."

"A company seeking to build an oilfield waste dump near wells and waterways in East Texas has showered regulators with upwards of $50,000 in political contributions since 2019." "McBride Operating LLC and owner Joseph McBride contributed to the political campaigns of the three sitting commissioners of the Texas Railroad Commission now considering his request."

"A climate activist group is urging the US Securities and Exchange Commission to investigate whether Shell Plc’s claims about its investments in renewable energy are misleading to investors."

"The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp's record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil industry."