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Economy & Business

"E.P.A. to Propose First Controls on Greenhouse Gases From Power Plants"

"President Biden’s administration is poised to announce limits on greenhouse gas emissions from power plants that could compel them to capture the pollution from their smokestacks, technology now used by fewer than 20 of the nation’s 3,400 coal and gas-fired plants, according to three people who were briefed on the rule."

Source: NYTimes, 04/24/2023

DC’s Biggest Clean Energy Lobby Group Pushes Natural Gas-Friendly Policy

"On two of the most consequential decisions facing Congress and the Biden administration on energy and climate change, the nation’s newest and largest clean power industry group has decisively aligned itself with companies that want to preserve markets for natural gas."

Source: Inside Climate News, 04/21/2023

"Biden to Pledge $500 Million to Stop Deforestation in Brazil"

"The promise to help Brazil protect the Amazon must be approved by Congress, where Republicans are opposed to foreign climate aid."

"WASHINGTON — The Biden administration on Thursday will pledge $500 million over five years to fight deforestation in Brazil, a White House official said, in a move that would make the United States one of the largest donors to the global Amazon Fund.

Source: NYTimes, 04/20/2023

"Banks With ‘Net-Zero’ Pledges Are Top Funders of Fossil Fuels"

"Fossil fuel projects require money — and that money is coming from the world’s top private banks, including many with net-zero climate pledges. That’s according to a new report from the Rainforest Action Network, which looked at the major financial institutions funding oil and gas infrastructure since the 2015 Paris Agreement."

Source: Grist, 04/19/2023

"Slow Start On World Bank Reform Angers Climate-Hit Countries"

"The World Bank meetings were supposed to be a first step in a new era of affordable loans for developing nations hard hit by climate change like Prime Minister Mia Mottley’s Barbados, one of many Caribbean islands battered by worsening hurricanes."

Source: AP, 04/18/2023

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