Economy & Business

"The forest carbon offsets approved by the world’s leading provider and used by Disney, Shell, Gucci and other big corporations are largely worthless and could make global heating worse, according to a new investigation."

"The Energy Department office that helped Tesla — and made a bad bet on Solyndra — is hustling to get loans out as the GOP vows scrutiny."

"Banks and finance institutions that have signed up to net zero pledges are still investing heavily in fossil fuels, research has shown, leading to accusations they are acting as “climate arsonists”.

"You might assume that home prices would decline in an area recently wrecked by a hurricane, but a new study finds the opposite is true, and post-storm price hikes could be a major driver of what’s known as climate gentrification."

"The Biden administration on Friday offered its first loan commitment for a lithium processing plant, backing a facility in southwest Nevada that would provide the highly sought mineral needed for EV batteries but that some environmentalists contend will further threaten an endangered flower."

"Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored "cease and desist" campaign gained support on social media."

"Two months after officials from around the world reached a surprise agreement to provide aid for escalating climate damages, the new fund hasn’t received a single pledge."

"For D.I.Y. enthusiasts, Matt Blashaw is a familiar face, judging bathroom remodels or planning surprise home makeovers on popular cable television shows. Mr. Blashaw also has an unusually strong opinion about how Americans should heat their homes: by burning propane, or liquid petroleum gas."

"The US endured a particularly painful year as communities wrestled with the growing impacts of the climate crisis, with 18 major disasters wreaking havoc across the country as planet-heating emissions continued to climb."