Business

Biden Orders Gov. Agencies to Address Financial Climate Change Risks

Biden Orders Gov. Agencies to Address Financial Climate Change Risks

President Biden on Thursday ordered agencies across the federal government to prepare for risks to the American economy posed by climate change. The harms inflicted by human-caused global warming are already being felt in the form of rising sea levels, extreme weather, wildfires, and droughts, but “these risks are often hidden,” the White House said. […]

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    Enbridge Line 5 Pipeline Violates Michigan Order, Continues Operating

    Enbridge Line 5 Pipeline Violates Michigan Order, Continues Operating

    Enbridge continued operating its Line 5 oil pipeline through the environmentally ultra-sensitive Straits of Mackinac, defying an order by Michigan Gov. Gretchen Whitmer to shut down the pipeline. The Canadian pipeline company’s defiance of the order is a dramatic development in a long-running showdown between it and Michigan. Enbridge, which is also seeking to build […]

    Tesla Changes Stance on Bitcoin Amid Climate Concerns

    Tesla Changes Stance on Bitcoin Amid Climate Concerns

    The U.S. electric car manufacturer Tesla suspended its plans to accept Bitcoin as a payment method, CEO Elon Musk announced in a Twitter statement late Wednesday. Musk, who has become notorious for moving the price of cryptocurrencies via tweets, cited the massive amount of energy required to keep Bitcoin running and its environmental impacts as […]

    Video Reveals Water Contamination, ‘Brazen Disregard’ for Amazon by ‘Sustainable’ Palm Oil Industry

    Video Reveals Water Contamination, ‘Brazen Disregard’ for Amazon by ‘Sustainable’ Palm Oil Industry

    During 18 months, Mongabay investigated allegations challenging the “sustainable” status of the Brazilian palm oil supply chain, revealing impacts including deforestation and water contamination, and what appears to be an industry-wide pattern of brazen disregard for Amazon conservation and for the rights of Indigenous people and traditional communities in northern Pará state. In this behind-the-scenes […]

    Rethink Global Economy to Halt Mass Extinction, Study Argues

    Rethink Global Economy to Halt Mass Extinction, Study Argues

    The problem of biodiversity loss is not simply a matter of funding, a new report examining the failures of the UN Convention on Biological Diversity (CBD) has warned. Instead, policy makers need to consider the structural causes that promote habitat and species loss, especially in poorer countries. “Our research shows that not only are more […]

    Fracking 101: What You Should Know

    Fracking 101: What You Should Know

    What is fracking? Fracking is a process of blasting water, chemicals and frac sand deep into the earth to break up sedimentary rock and access natural gas and crude oil deposits. The fracking industry, which has sought to promote the practice as safe and controlled, has preferred the term “hydraulic fracturing.” Fracking emerged as an […]

    UK Police Arrest Extinction Rebellion Cofounder Gail Bradbrook

    UK Police Arrest Extinction Rebellion Cofounder Gail Bradbrook

    By Richard Connor A spokeswoman for the Extinction Rebellion group on Tuesday said one of its cofounders had been arrested by officers from London’s Metropolitan Police. The group, whose stated aim is to use nonviolent protest to force government action on climate change, has staged numerous high-profile protests in the UK, US and other developed […]