Economy & Business

"The Biden administration is sending a roughly $100 billion request to Congress to help Americans impacted by a series of major and record-breaking natural disasters in 2023 and 2024, including Hurricanes Helene and Milton, calling on lawmakers to pass the needed relief with “bipartisan and bicameral support.”"

"Banks with net zero pledges helped raise $1 trillion for companies expanding fossil fuels. Among them is NatWest, which may have broken climate pledge by funding BP."

"If speeches and slogans could save the climate, COP29 would already be a success. But there are few signs the current round of climate talks will deliver on the only thing proven to slow global warming: rapid greenhouse gas cuts."

"The tech mogul has had run-ins with the agency over permits and regulatory violations, and his businesses stand to benefit from slashing rules."

"Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers."

"Pay now to help poorer countries cope with climate change or pay more later, negotiators were warned on Thursday as experts said poor states need at least $1 trillion per year by the end of the decade to move to greener energy and protect against extreme weather."

"In total 1,261 business and industry delegates registered for Cop16 in Cali, Colombia, which ended in disarray and without significant progress on a number of key issues including nature funding, monitoring biodiversity loss and work on reducing environmentally harmful business subsidies."

"Violent weather cost the world $2 trillion over the past decade, a report has found, as diplomats descend on the Cop29 climate summit for a tense fight over finance."

"A senior official at COP29 climate change conference in Azerbaijan appears to have used his role to arrange a meeting to discuss potential fossil fuel deals, the BBC can report. A secret recording shows the chief executive of Azerbaijan's COP29 team, Elnur Soltanov, discussing "investment opportunities" in the state oil and gas company with a man posing as a potential investor."