Economy & Business

"Weak Florida Planning Law Boosted Ian’s Destructive Power"

"Could the [Fort Meyers] region have been spared some of the damage with more aggressive planning and zoning? “Yes,” planners and resilience experts say. Sound land use planning builds stronger communities — physically, socially and politically. Yet Florida lawmakers effectively killed the state’s ability to check urban sprawl a decade ago with the passage of a reform measure called the 2011 Community Planning Act."

Source: E&E News, 10/14/2022

"World’s Big Polluters Talk Up Net-Zero With Little to Show"

"When it comes to net-zero, a lot of companies are more talk than action. That’s the conclusion of a new report from Climate Action 100+, an investor alliance with combined assets of more than $68 trillion, which shows that promises by major corporate emitters to achieve net-zero targets are “not matched by the development and implementation of credible decarbonization strategies.”"

Source: Bloomberg, 10/14/2022

Newsom Calls Special Session To Consider Windfall Tax On Oil Companies

"Gov. Gavin Newsom said Friday he would call a special session of the Legislature to consider a windfall profit tax on oil companies in response to the “outrageous and unconscionable” price of gas in California."

Source: Politico, 10/10/2022

"Disputed Gas Pipeline Seen Surviving Without Congress or Manchin"

"Efforts to speed a long-delayed, overbudget natural gas project in Sen. Joe Manchin’s home state by revamping federal permitting rules will play out in agencies and courts for now, after Congress balked last month."

Source: Bloomberg Environment, 10/07/2022

"Biden Says the U.S. Is Eyeing ‘Alternatives’ to OPEC Oil"

"President Biden on Thursday defended his visit to Saudi Arabia this summer, in the wake of Wednesday’s decision by the Saudi-led cartel of oil-producing nations to cut production, which will likely raise gasoline prices in the United States."

Source: NYTimes, 10/07/2022


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