Economy & Business

"New Jersey will phase out the sale of new gas-powered cars by 2035, joining states such as California and New York, Gov. Phil Murphy (D) announced Wednesday."

"A treasure trove of metal is hiding at the bottom of the ocean. Potato-size nodules of iron and manganese litter the seafloor, and metal-rich crusts cover underwater mountains and chimneys along hydrothermal vents. Deep-sea mining companies have set their sights on these minerals, aiming to use them in batteries and electronics. Environmentalists warn that the mining process and the plumes of sediment it would dump back into the sea could affect marine life."

"Monsoon rains have finally passed and floods blocking the lone dirt road have retreated enough for a small truck to climb these Himalayan foothills to a gurgling spring. It spews water so fresh that people here call it nectar."

"Glencore, ExxonMobil and Stellantis are among companies lobbying for policies that conflict with their own pledges to cut carbon emissions, a study published by non-profit think tank InfluenceMap on Thursday found."

"U.S. crude oil stockpiles jumped last week, while gasoline inventories posted a surprise draw as refineries picked up runs amid seasonally strong demand, the Energy Information Administration said on Wednesday."

"Prescribed fires are a positive land management method, but when the flames occasionally escape control, the resulting damage to land and private property also hurts this conservation tool’s reputation. U.S. insurance companies are thus charging increasingly unaffordable premiums for coverage of this activity or are dropping the service altogether in the wake of some particularly large recent accidents."

"More than 20 international scientists put forth a plan today to encourage world leaders to put human health at the center of global plastic treaty negotiations taking place this week in Nairobi, Kenya."

"Exxon Mobil said on Monday that it planned to set up a facility in Arkansas to produce lithium, a critical raw material for electric vehicles, which pose one of the biggest challenges to the company’s oil business."