Economy & Business

"President Joe Biden is asking Congress to approve $12 billion in emergency spending to replenish the nearly broke federal fund that helps communities and individuals recover after major disasters such as hurricanes and wildfires."

"Severe thunderstorms in the first half of 2023 caused a record amount in insured losses, underscoring the impact of climate change on extreme weather events, according to new research for the Swiss Re Group."

"The GOP governor and presidential candidate has touted his environmental and economic credentials. He’s ignoring an environmental and economic disaster at home."

"Federal agencies would be required to do a full accounting of how their decisions affect ecosystems the public depends on under a draft guidance that the White House will release Tuesday."

"Record-breaking heat waves across the U.S. forced small businesses to close early in July, according to a report released on Tuesday, and reduced paid working hours for employees as dangerous temperatures reshape consumer behavior."

"Big-business lobbyists, including big agricultural and construction groups, are pushing to water down or stymie efforts at the federal and state levels to implement workplace heat protection standards."

"The bust amplified conservationists’ calls to turn away from oil production in the state, where 95 percent of acres leased for oil development are nonproducing."

"Seven major automakers on Wednesday announced plans to nearly double the nation’s network of high-powered electric vehicle chargers, an effort to address a key consumer reservation about EVs — that they may not have a place to power up on the road."

"Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first G20 country to deliver on a 2009 commitment to rationalise and phase out government support for the sector."

"With a Canadian company preparing a bid to mine the Pacific Ocean for minerals needed for electric vehicle batteries, an international oversight agency is meeting in Jamaica this month to come up with permitting rules."