Economy & Business

"F.T.C. Clears Chevron’s Purchase of Hess With Board Condition"

"The Federal Trade Commission said on Monday that it would let the oil giant Chevron acquire Hess but that the chief executive of Hess would not be allowed to join Chevron’s board because of how he communicated with leaders of OPEC."

Source: NYTimes, 10/02/2024

"Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance"

"On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. ... The disaster underscores Americans’ dangerously low levels of flood insurance coverage, especially away from coastal areas."

Source: Bloomberg Green, 09/30/2024

"How The Fossil Fuel Industry Helps Spread Anti-Protest Laws Across The US"

"Fossil fuel lobbyists coordinated with lawmakers behind the scenes and across state lines to push and shape laws that are escalating a crackdown on peaceful protests against oil and gas expansion, a new Guardian investigation reveals."

Source: Guardian, 09/27/2024

US Company Uses Government Funds To Suppress Global Pesticide Opposition

"In 2017, two United Nations experts called for a treaty to strictly regulate dangerous pesticides, which they said were a “global human rights concern”, citing scientific research showing pesticides can cause cancers, Parkinson’s disease, Alzheimer’s, and other health problems. Publicly, the industry’s lead trade association dubbed the recommendations “unfounded and sensational assertions”.  In private, industry advocates have gone further."

Source: The New Lede, 09/27/2024

"New Global Climate 'Loss And Damage' Fund Names First Director"

"The board of The Fund for Responding to Loss and Damage to help countries ravaged by climate-driven disasters named Senegalese finance specialist Ibrahima Cheikh Diong as its first director, the UN Framework Convention on Climate Change announced on Saturday."

Source: Reuters, 09/23/2024

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