Economy & Business

May 12, 2025

Funding the Future: What’s Next for Local Climate Solutions?

What's happening to the climate solutions that were halted with the federal funding freeze? And how are communities responding? Join the Southern Environmental Law Center, Grist and other climate experts for a webinar at 1 p.m. ET.

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"Republicans Say EVs Don’t Pay Their Fair Share. Here’s The Math."

"Driving an electric vehicle could get more expensive if congressional Republicans have their way." "House Republicans want to impose an annual $250 fee on electric vehicle drivers, who don’t pay the gas tax. Critics say the fee is too high."

Source: Washington Post, 05/06/2025

Rural Communities Were Promised Millions In Disaster Funds. Trump Says No.

"In DePue, Ill., sewage will keep backing up into people's basements when there's heavy rain. In Rising Sun, Md., a mobile home park that has already flooded six times will remain in harm's way. And in Kamiah, Idaho, houses won't get upgrades that would protect them from wildfires"

Source: NPR, 05/06/2025

"Reconciliation: Natural Resources Plows Ahead, Other Bills Stall"

"Lawmakers are preparing for a tense markup in the House Natural Resources Committee on legislation to expand mining and drilling." "One committee is moving ahead swiftly to advance its piece of the Republicans’ sprawling budget package, while other panels with power over energy and environment policy get bogged down."

Source: E&E News, 05/06/2025

"US Seeks To Weaken Global Development Finance Efforts, UN Document Shows"

"The United States is seeking to weaken a global deal aimed at helping developing countries struggling with the impacts of climate change and other issues, an internal United Nations document seen by Reuters showed."

Source: Reuters, 05/06/2025

"Elon Musk’s xAI in Memphis: 35 Gas Turbines, No Air Pollution Permits"

"Elon Musk’s artificial intelligence company is belching smog-forming pollution into an area of South Memphis that already leads the state in emergency department visits for asthma."

Source: E&E News, 05/05/2025

"Trump Budget Would Decimate Climate, Renewables Funding"

"The White House unveiled a preliminary fiscal 2026 budget Friday, outlining a plan for Congress’ Republican majorities to try to slash funding for climate programs, renewable energy, vulnerable communities and other Democratic-aligned priorities." "The preliminary funding proposal outlines cuts the administration wants for myriad clean energy, climate and environment programs."

Source: E&E News, 05/05/2025

Canadian Company Turns To Trump For Permission To Mine International Waters

"A Canadian company announced Tuesday that its U.S. subsidiary submitted applications to the National Oceanic and Atmospheric Administration to mine the seafloor, sparking outrage by bypassing a U.N. agency that regulates deep international waters."

Source: AP, 04/30/2025

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