Economy & Business

Pentagon Says PFAS Cleanup Costs Will Dwarf Earlier Estimates

"Military leaders said Thursday that “forever chemical” contamination costs are likely to surpass their original $2 billion estimate as Congress works to push the Department of Defense (DOD) to clean up contaminated water across the country."

Source: The Hill, 09/13/2019

"Trump’s Methane Rule Rollback Divides Oil and Gas Industry"

"Oil and gas producers might have been expected to welcome a decision to loosen regulations affecting their business. But their reaction to the Trump administration’s move to roll back methane-emissions rules revealed at least tactical divisions on climate policy."

Source: NY Times, 08/30/2019

Nestlé Plan To Take Water From Florida Natural Springs Sparks Outcry

"Opponents fighting to stop the project say the fragile river cannot sustain such a large draw".

"The crystal blue waters of Ginnie Springs have long been treasured among the string of pearls that line Florida’s picturesque Santa Fe River, a playground for water sports enthusiasts and an ecologically critical haven for the numerous species of turtles that nest on its banks.

Soon, however, it is feared there could be substantially less water flowing through, if a plan by the food and beverage giant Nestlé wins approval.

Source: Guardian, 08/28/2019

Newark to Borrow $120M, Speed Replacing Pipes Blamed For Lead In Water

"NEWARK, N.J. — New Jersey's biggest city on Monday announced a plan to borrow $120 million to drastically cut the time it will take to replace pipes causing elevated lead levels in drinking water."

Source: AP, 08/27/2019

"Putting a Positive Spin on Oil Exploration in the Arctic Refuge"

"When the Trump administration first pushed to open the Arctic National Wildlife Refuge in Alaska to oil exploration, it predicted that drilling would generate a windfall for the federal Treasury: $1.8 billion, by a White House estimate. But two years later, with the expected sale of the first oil and gas leases just months away, a New York Times analysis of prior lease sales suggests that the new activity may yield as little as $45 million over the next decade."

Source: NY Times, 08/22/2019

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