Economy & Business

"The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force."

"Democratic leaders are trying to slip controversial permitting provisions developed by Sen. Joe Manchin into the latest version of the fiscal 2023 defense authorization bill, according to three people familiar with the matter."

"As billions in government subsidies were at stake, the electric utility industry shed its opposition to clean-air regulation and put its lobbying muscle behind passing President Biden’s climate bill."

"It’s not easy enforcing water regulations in the West. Just ask the officials in California who have been trying for almost a decade to penalize a man who took water from the river system that feeds San Francisco and bottled it for sale to stores like Starbucks."

"Florida will pull $2 billion worth of state assets managed by BlackRock Inc., accelerating Republicans’ fight with the world’s largest money manager over its ESG investing practices."

"The advocates say they are “appalled” by Maryland Energy Administration grants aimed at promoting and expanding natural gas infrastructure in the state."

"As nations meet this week to negotiate an agreement on plastics pollution, researchers warn that a lack of information will make it hard to enforce any agreement."

"More than a year after Hurricane Ida swept across Louisiana, the Category 4 storm is triggering a property-insurance crisis in the state that has bankrupted 11 insurance companies and will force some homeowners to pay annual premiums of nearly $18,000."

"Conservation group The Nature Conservancy's vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs."

"After 30 years of deadlock, a new U.N. climate agreement aims to pay developing countries for loss and damage caused by global warming. But huge questions remain about how it would work."