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Economy & Business

"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

Clean Energy Thriving in Texas. Why Are State GOPers Trying to Stifle It?

"Texas leads the nation for generating the most electricity from solar and wind and plays an outsized role in manufacturing electric vehicles. A slew of new bills could change that."

Source: Inside Climate News, 04/17/2023

After Spying on Standing Rock Protest, TigerSwan Shopped Info to Oil Firms

"Leaked documents and public records reveal a troubling fusion of private security, public law enforcement, and corporate money in the fight over the Dakota Access pipeline."

Source: The Intercept, 04/17/2023

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