"The soaring cost of the Trans Mountain pipeline expansion has pushed the uncompleted megaproject Ottawa bought to satisfy Alberta further into the red, says a report released Wednesday by the parliamentary budget officer."
"Banks that have signed up to a global climate pledge, led by Mark Carney, a former governor of the Bank of England, can still invest unlimited amounts in coal mining and coal power, despite promises to tighten the rules on their lending."
"Global regulators published a detailed checklist for banks on Wednesday to assess how climate change affects all aspects of their business, including pay and capital, as economies set carbon reduction targets."
"Russia’s invasion of Ukraine triggered global condemnation and tough sanctions aimed at denting Moscow’s war chest. Yet Russia’s revenues from fossil fuels, by far its biggest export, soared to records in the first 100 days of its war on Ukraine, driven by a windfall from oil sales amid surging prices, a new analysis shows."
"Democratic SEC Commissioners Allison Lee and Caroline Crenshaw are raising more questions about whether the agency’s climate disclosure proposal would do enough to elicit reliable greenhouse gas emissions data from companies."
Meet SEJ member Carey Gillam! Carey has more than 30 years of experience covering general and corporate news, including 17 years as a senior correspondent for Reuters international news service. She currently works as a contributing writer for The Guardian, and as managing editor for a nonprofit journalism initiative called The New Lede.
"In a major move, the Biden administration will phase out the sale of single-use plastics across the country’s beloved national parks, wildlife refuges and other public lands, in a multiyear process that will culminate by 2032."
"Cleanups of polluted urban sites are in line for billions of dollars in funding following last year’s infrastructure law—money that advocates of disadvantaged communities say should help steer redevelopment into much-needed grocery stores, affordable housing, and better-paying jobs."
"Crypto interests are lobbying Gov. Kathy Hochul to veto a groundbreaking bill that would temporarily halt new crypto-mining projects at fossil-fuel burning plants."
"Five automakers including Ford Motor Co, Volkswagen AG and Honda Motor Co on Tuesday backed efforts by President Joe Biden's administration to restore California's ability to set its own strict tailpipe and zero-emission vehicle standards."
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