Economy & Business

"This spring, Democrats wrapped up a nearly three-year investigation into the fossil fuel industry’s role in climate disinformation, and asked the Department of Justice to pick up where they left off. In House and Senate Democrats’ final report and hearing, investigators concluded that major oil companies had not only misled the public on climate change for decades, but also were continuing to misinform them about the industry’s preferred climate “solutions”— particularly biofuels and carbon capture."

"A common part of free trade agreements helps fossil fuel companies force big payouts from governments phasing out oil and gas projects. The United States narrowly avoided a $15 billion claim over the shuttered Keystone XL pipeline."

"If you’ve tuned into any major TV network in the last few months, you may have seen an ad promising a brand new way to end plastic pollution: advanced recycling."

"Millions of low-income households are at risk of having their power disconnected this summer, exacerbating the risk of deadly heat as the climate crisis drives up temperatures."

"Almost a dozen U.S. auto factories will collectively receive $1.7 billion from the Biden administration to retool themselves to make electric vehicles."

"The new Republican Party platform, adopted this week in advance of the next week’s nominating convention in Milwaukee, mentions federal lands only once — and rather than a vague call to protect them, it proposes pawning some of them off to address housing affordability."

"Some forest carbon offsets sold by the biggest offsetting company in the United States offer little or no benefit to the climate, a satellite analysis has found."

"Since December, Nike has lost about 30% of employees who worked primarily on sustainability initiatives, due to layoffs, voluntary departures or transfers to other duties. Already, the company was missing its targets for reducing emissions."