Climate Economics
All Stories
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![Helicopter puts out fire]()
![Helicopter puts out fire]()
Like a good neighbor, State Farm is there — unless you’re a California homeowner
State Farm blamed "rapidly growing catastrophe exposure," along with inflation and reinsurance costs, for fleeing the Golden State ahead of wildfire season.
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![A man seen in silhouette walks toward a steel mill, where a banner reads]()
![A man seen in silhouette walks toward a steel mill, where a banner reads]()
Steel built the Rust Belt. Green steel could help rebuild it.
Steel manufactured using hydrogen and powered by renewable energy could drastically reduce carbon emissions and employ a well-paid, industrial workforce.
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![RBC protestors]()
![RBC protestors]()
Banks with ‘net-zero’ pledges are among the top funders of fossil fuels
"Financial institutions need to be held accountable for their role in financing false solutions."
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![Speaker of the House Kevin McCarthy, a Republican Congressman from California, signs a resolution that would have overturned a Biden administration rule allowing retirement fund managers to consider environmental, social and governance (ESG) factors when making investment decisions at the U.S. Capitol on March 9, 2023. President Biden has vetoed the bill.]()
![Speaker of the House Kevin McCarthy, a Republican Congressman from California, signs a resolution that would have overturned a Biden administration rule allowing retirement fund managers to consider environmental, social and governance (ESG) factors when making investment decisions at the U.S. Capitol on March 9, 2023. President Biden has vetoed the bill.]()
What is ESG, the investment strategy under attack by Republicans?
ESG is called “woke capitalism” by the right and “greenwashing” by the left. But to most investors, it’s just common sense.
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![An American flag hangs from an oil refinery]()
![An American flag hangs from an oil refinery]()
The IPCC says we need to phase down fossil fuels, fast. Here’s how the US could do it.
A new report lists 10 policies to constrain polluting infrastructure and achieve key climate goals.
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Climate change could spur severe economic losses, Biden administration says
White House economists warned this week that rising temperatures threaten infrastructure, insurance programs, and human health.
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![A photo of the Washington State Capitol in Olympia.]()
![A photo of the Washington State Capitol in Olympia.]()
How Washington raised $300 million for climate action from polluters
The state's first "cap-and-invest" auction nearly doubled the price of carbon recently sold in California.
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![Construction equipment works on derailed trains. There is snow on the ground and bare trees in the background.]()
![Construction equipment works on derailed trains. There is snow on the ground and bare trees in the background.]()
The train derailment in Ohio was a disaster waiting to happen
Trains carry hazardous chemicals everyday. They're also dangerously unregulated.
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![An older man in a dark suit sits at a podium with his name plaque saying]()
![An older man in a dark suit sits at a podium with his name plaque saying]()
World Bank leader accused of climate denial says he’s stepping down
When asked about climate change, David Malpass said he’s “not a scientist.” Soon he won’t be a World Bank president either.
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![Red road sign with symbol for gasoline and an arrow pointing left next to blue road sign with symbol of Earth and arrow pointing right]()
![Red road sign with symbol for gasoline and an arrow pointing left next to blue road sign with symbol of Earth and arrow pointing right]()
Why are BP, Shell, and Exxon suddenly backing off their climate promises?
As oil giants rake in record-breaking profits, they have begun tapping the breaks on much-publicized initiatives.
