Economy & Business

"Bloomberg To Fund UN Climate Agency After US Exit From Paris Accord"

"Billionaire former New York City mayor Michael Bloomberg announced Thursday that his foundation would fund the UN climate change agency after President Donald Trump withdrew the US from the Paris Agreement. Bloomberg’s pledge will cover the 22 percent of its $96.5 million budget previously provided by the US for 2024-2025."

Source: France24, 01/24/2025

"Trump’s Order to End E.V. Subsidies Draws Pushback and Doubt"

"Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges."

Source: NYTimes, 01/23/2025

Trump’s No. 2 Pick for EPA Represented Companies Accused of Pollution Harm

"The man tapped by President Donald Trump to be second-in-command of the federal agency that protects the public from environmental dangers is a lawyer who has represented companies accused of harming people and the environment through pollution." "David Fotouhi, a lawyer who recently challenged a ban on asbestos, worked to roll back climate regulations and water protections while serving in the Environmental Protection Agency during Trump’s first administration."

Source: ProPublica, 01/23/2025

"Trump Orders Removal of EV-Favoring Policies and Subsidies"

"President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles, laying the groundwork for moves that risk slowing adoption of cleaner cars in the US."

Source: Bloomberg, 01/22/2025

"Trump Freezes Inflation Reduction Act And Infrastructure-Law Funding"

"The Trump administration has ordered federal agencies to ​“immediately pause the disbursement of funds” under the landmark federal climate and energy laws passed during the Biden administration, a move that will throw tens of billions of dollars of lawfully designated federal funding into limbo — and one that is likely to be challenged in court."

Source: Canary Media, 01/22/2025

As Trump Declares ‘Energy Emergency,’ Enviros Stress ‘Climate Emergency’

"During his first day in office, U.S. President Donald Trump issued a flurry of executive orders that could bolster the fossil fuel industry amid mounting losses from the climate crisis."

Source: Inside Climate News, 01/22/2025

Storm-Hit Town Voted For Trump, Who Vowed To Overturn Law To Fix Its Homes

"Donald Trump has said he will overturn a law that helps communities better weather the effects of climate change. If he follows through, he’ll be reversing an initiative that has disproportionately benefited areas that make up his base."

Source: ProPublica, 01/21/2025

"Threatened And Endangered Parks: National Parks And The Mines Next Door"

"As far as the Biden administration is concerned, a proposed Alaska mining road through a U.S. national park and adjacent federal land is kaput. Rejected. Case closed."

Source: National Parks Traveler, 01/13/2025

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