Economy & Business

"Murray Energy Corp., the U.S. coal giant that had pressed the Trump administration for help averting bankruptcy, may be headed toward default."

"Despite pressure from activists, investors and governments, the majority of world’s 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue to finance fossil fuels, according to new findings by the World Resources Institute released on Thursday."

"Pennsylvania, one of the nation's largest coal and natural gas producing states, is moving to join the Northeast's carbon market. It would mark the largest expansion of the multistate initiative since its inception a decade ago and a milestone in the drive by states to counter the impact of the Trump administration's retreat from climate action."

"Sterigenics U.S. LLC announced Sept. 30 it will permanently shut its Willowbrook, Ill., medical sterilization facility after a bitter fight with Illinois residents and lawmakers over the plant’s ethylene oxide emissions."

"Climate change protesters from Extinction Rebellion snarled traffic in Washington on Monday and again on Friday. You might find yourself asking, “Who helps pays for this activism?”"

"Banks are shielding themselves from climate change at taxpayers’ expense by shifting riskier mortgages — such as those in coastal areas — off their books and over to the federal government, new research suggests."

"Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m afraid,” Carney began his remarks on the night of Sept. 29, 2015, at Lloyd’s of London."

"More than four fifths of the world’s largest companies are unlikely to meet the targets set out in the Paris climate agreement by 2050, according to fresh analysis of their climate disclosures."