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Economy & Business

Calif. Will Require Insurers To Increase Home Coverage In Fire-Prone Areas

"Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more destructive will have to again provide policies in fire-prone areas if they want to keep doing business in California under a state regulation announced Monday."

Source: AP, 01/02/2025

Group Says New Jersey Toxic Waste Dumping Caused $1B In Harm, Sues

"Years of toxic waste dumping in a Jersey Shore community where childhood cancer rates rose caused at least $1 billion in damage to natural resources, according to an environmental group trying to overturn a settlement between New Jersey and the corporate successor to the firm that did the polluting."

Source: AP, 12/23/2024

How A Public University Courted The Gas Industry Despite Climate Impacts

"As the liquefied natural gas (LNG) boom gained momentum in southwest Louisiana, one public institution of higher learning, McNeese State University, courted the industry to help launch a new LNG Center of Excellence, hired a director doubling as an LNG industry lobbyist, and approached federal regulators to co-locate their own research center at the university, according to emails obtained via public records requests by DeSmog and The Guardian."

Source: DeSmog/Guardian, 12/20/2024

"Trump Sues Des Moines Register, Pollster For ‘Election Interference’"

"President-elect Donald Trump sued the Des Moines Register and its pollster for “brazen election interference” in publishing a survey the weekend before the election that showed Democrat Kamala Harris with a surprising lead of three percentage points in the state."

Source: AP, 12/18/2024

Some In Seafood Industry See Trump As Friend, But Tariffs Could Raise Prices

"The incoming administration of President-elect Donald Trump is likely to bring big changes for one of the oldest sectors of the U.S. economy — seafood — and some in the industry believe the returning president will be more responsive to its needs."

Source: AP, 12/18/2024

California’s PG&E Could Get $15B In Federal Loans To Modernize Its Grid

"Pacific Gas & Electric Co. could receive up to $15 billion in federal loans to help the utility modernize its power grid and expand clean energy infrastructure across central and northern California, officials announced Tuesday."

Source: AP, 12/18/2024

Beat Reporter Spotlights Costs of California's Environmental Reckoning

The fossil fuel industry’s outsized climate policy role in the U.S.’s most populous state is the core of award-winning coverage from investigative journalist Aaron Cantú for nonprofit newsroom Capital & Main. In the new Inside Story Q&A, Cantú shares some of what challenged him in his reporting, what surprised him most and a lesson learned.

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"Biden's Arctic Refuge Oil Lease Auction Ripe for Challenge"

"The Biden administration’s decision to include restrictions in the auction of oil drilling rights in part of Alaska’s Arctic National Wildlife Refuge is legally vulnerable as the state looks to the next administration to allow more oil development."

Source: Bloomberg Environment, 12/13/2024

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