Economy & Business

"Environmentalists fear the sell-offs could keep those facilities operating for years into the future, worsening climate change."

"The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities around the United States to deploy low- or zero-emissions projects."

"The U.S. Environmental Protection Agency on Thursday opened an investigation into Mississippi state agencies to determine if they violated civil rights in the majority Black city of Jackson in the course of funding of the city's water infrastructure."

"ROANOKE, Va. — A high-voltage grid transformer as big as a railroad boxcar sits on the loading dock of a factory here, ready to push power across transmission lines as an indispensable part of the nation’s electric grid."

"Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners."

"President Joe Biden will release an additional 15 million barrels of oil from the United States’ emergency reserves, in an effort to lower gas prices ahead of next month’s midterm elections."

"The Biden administration launched an unprecedented effort Tuesday to analyze how climate change is affecting property insurance costs and availability. The move comes as homeowners face soaring premiums in several states and dwindling insurance options."

"The Biden administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the nation’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing further, according to people familiar with the matter."