Economy & Business

"Off-Season 'Cover' Crops Expand As U.S. Growers Eye Low-Carbon Future"

"Illinois farmer Jack McCormick planted 350 acres of barley and radishes last fall as part of an off-season crop that he does not intend to harvest. Instead, the crops will be killed off with a weed killer next spring before McCormick plants soybeans in the same dirt."

Source: Reuters, 01/05/2022

Reporters Reveal ‘Decades of Deceit’ Over Underground Water Contamination

A trove of confidential documents about a well-known groundwater pollution problem helped journalists Paul LaRocco and David M. Schwartz uncover how much had actually been hidden about the contamination’s severity and how it could have been kept from worsening. In the latest Inside Story Q&A, LaRocco and Schwartz share the story behind their award-winning investigation.

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"Biden Administration Offers $1 Bln Loan Guarantee For Hydrogen Project"

"The Biden administration said on Thursday it has offered Monolith Nebraska LLC an up to $1.04 billion conditional loan guarantee for a project to make clean hydrogen, in its first use of an office that has tens of billions of dollars in financing."

Source: Reuters, 12/24/2021

Behind Manchin’s Opposition, a Long History of Fighting Climate Measures

"Senator Joe Manchin III on Monday cited a litany of issues that drove him to oppose President Biden’s $2 trillion Build Back Better bill, from Democrats’ refusal to attach work requirements to social benefits to their failure to raise tax rates on the rich. But left almost unsaid was the issue that has always propelled his political career as a Democratic maverick: climate change."

Source: NYTimes, 12/22/2021

Climate an ‘Emerging Threat’ to U.S. Financial Stability: Regulators

"Federal regulators warned for the first time in an annual report to Congress on Friday that climate change was an “emerging threat” to the U.S. financial system, laying out how the costs associated with more hurricanes, wildfires and floods caused by global warming could lead to a cascade of damage throughout the economy."

Source: NYTimes, 12/20/2021

Manchin Rejects Landmark Bill, Putting Biden’s Climate Goals at Risk

"The declaration from Senator Joe Manchin III that he cannot support his party’s $2.2 trillion Build Back Better bill has significantly dimmed the prospects for the climate action that scientists say the United States must take to avert the most catastrophic effects of global warming."

Source: NYTimes, 12/20/2021

"The U.S. Has So Many Oil Pipelines, Half of Them Are Sitting Empty"

"If you’re in the market for an oil pipeline, you’re in luck—we’ve got a lot of extra ones right now. About half of the oil pipelines in the U.S. are sitting unused, energy research firm Wood Mackenzie said in figures shared with Reuters Thursday."

Source: Earther, 12/17/2021

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