Economy & Business

"Puerto Rican authorities have hired a natural gas company to operate the island’s publicly-owned fleet of fossil fuel power plants, despite the commonwealth facing increasing pressure to rapidly transition its aging energy system to renewable sources."

"Growing numbers of people in Asia lack enough to eat as food insecurity rises with higher prices and worsening poverty, according to a report released Tuesday by the Food and Agricultural Organization and other United Nations agencies."

"New outlines of a hotly debated carbon credit initiative involving the U.S. government and two major philanthropies are raising questions about its ability to generate money while lowering emissions. Those come as the program’s organizers seem to disagree about whether it is, in fact, a carbon offsets program."

"Fossil-fuel companies’ climate messaging may have changed to fit the new century, but the goal is the same the industry has had for  decades: to delay action and protect profits for as long as possible. Even in the face of an increasingly obvious climate emergency, this message still resonates with many people. Maybe that’s because the biggest social media companies help amplify it."

"Environmental groups announced Thursday they had reached a settlement with A&G Coal Corporation, a business owned by West Virginia Gov. Jim Justice’s family, over the cleanup of three coal mines in Virginia’s Wise County."

"Greta Thunberg is leading some big names in youth climate action at the World Economic Forum in Davos, Switzerland."

"Just 1.3 percent of homeowners in the state have national flood insurance policies."

"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”.