Business & Finance Archives - Inside Climate News https://insideclimatenews.org/topic/business-finance/ Pulitzer Prize-winning, nonpartisan reporting on the biggest crisis facing our planet. Tue, 28 Nov 2023 01:19:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://insideclimatenews.org/wp-content/uploads/2020/09/cropped-favicon-32x32.png Business & Finance Archives - Inside Climate News https://insideclimatenews.org/topic/business-finance/ 32 32 A New Law Regulating the Cosmetics Industry Expands the FDA’s Power But Fails to Ban Toxic Chemicals in Beauty Products https://insideclimatenews.org/news/27112023/dereliction-of-beauty-part-two/ Mon, 27 Nov 2023 10:00:00 +0000 https://insideclimatenews.org/?p=75398 The Modernization of Cosmetics Regulation Act empowers the FDA to recall harmful cosmetics. Advocates want to know why manufacturers still don’t have to prove their products are safe before they’re sold to millions of consumers.

Dereliction of Beauty: Second in a series on how lax regulation of beauty care products victimizes women of color.

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A New Solar Water Heating System Goes Online as Its Developer Enters the US Market https://insideclimatenews.org/news/23112023/solar-thermal-heat/ Thu, 23 Nov 2023 14:30:00 +0000 https://insideclimatenews.org/?p=75368 Solar thermal energy could be a “sleeping giant” in the push to reduce emissions from heating and cooling.

From a distance, the energy system on top of a college residence hall in Omaha, Nebraska looks like photovoltaic panels.

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As New York Officials Push Clean Hydrogen Project, Indigenous Nation Sees a Threat to Its Land https://insideclimatenews.org/news/22112023/new-york-clean-hydrogen-indigenous-nation-sees-threat/ Wed, 22 Nov 2023 10:00:00 +0000 https://insideclimatenews.org/?p=75305 The Tonawanda Seneca see the industrial development next door as a threat to the woods they depend on for game and medicines, and the failure of the company and permitting agencies to consult them as another assault on their treaty rights.

When Chief Roger Hill speaks about the clean energy project going up along the border of the Tonawanda Indian Reservation, he turns quickly to the past. Hill’s Seneca ancestors once controlled a large territory across the rolling, wooded hills in what is now western New York, but most of their lands were taken through a series of treaties that shrank the reservation to its current size.

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Corruption and Rights Abuses Are Flourishing in Lithium Mining Across Africa, a New Report Finds https://insideclimatenews.org/news/15112023/lithium-mining-africa-human-rights-violations-corruption/ Wed, 15 Nov 2023 10:00:00 +0000 https://insideclimatenews.org/?p=75110 The global clean energy transition could be a game changer for Africa, but exploitation of miners continues as many foreign mining companies ignore local opposition.

On a Sunday afternoon in March 2023, Darlington Vito was shot in the head outside an industrial lithium mine in Masvingo Province, Zimbabwe. 

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Dominion’s Proposed Virginia Power Plant Casts Doubt on Its Commitments to Clean Energy https://insideclimatenews.org/news/10112023/dominion-peaker-plant-chesterfield-virginia/ Fri, 10 Nov 2023 11:00:00 +0000 https://insideclimatenews.org/?p=75028 The company has proposed building a natural gas facility in Chesterfield, Virginia, despite laws mandating it reach zero-emissions by 2045.

In 2020, the Virginia Assembly passed the Virginia Clean Economy Act, a law that required the state’s largest utility provider, Dominion Energy, to generate all of its power using only renewable energy by 2045. 

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Wood Pellet Giant Enviva Discloses a Financial Crisis https://insideclimatenews.org/news/09112023/wood-pellet-giant-enviva-discloses-a-financial-crisis/ Fri, 10 Nov 2023 03:23:25 +0000 https://insideclimatenews.org/?p=75031 The company’s stock price plunged as its new interim CEO announced financial losses. Environmentalists had long questioned a business model they said was based on greenwashing.

A financial crisis has enveloped Enviva, the Maryland-based company that’s been harvesting large swaths of forest in the Southeast United States to make wood pellets for electricity production in the United Kingdom and Europe.

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UAW Settles With Big 3 U.S. Automakers, Hoping to Organize EV Battery Plants https://insideclimatenews.org/news/31102023/uaw-settles-big-3-automakers/ Tue, 31 Oct 2023 09:00:00 +0000 https://insideclimatenews.org/?p=74836 GM agreed to pay raises of 25 percent over five years, powered by hefty federal investments in EV manufacturing. The UAW’s president says the union refused “to pick between good jobs and green jobs.”

The shift to electric vehicles is looking better today for U.S. auto workers than it did before a strike against the three major Detroit automakers, thanks to agreements that expand the reach of the United Auto Workers to include battery manufacturing plants.

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Who Were the Worst of the Worst Climate Polluters in 2022? https://insideclimatenews.org/news/29102023/who-were-the-worst-of-the-worst-climate-polluters-in-2022/ Sun, 29 Oct 2023 09:30:00 +0000 https://insideclimatenews.org/?p=74797 EPA’s annual greenhouse gas report for large emitters show some facilities slashed their emissions while others polluted more than ever.

Emissions from the largest greenhouse gas emitters in the U.S. were down slightly in 2022, but thousands of industrial facilities with substantial emissions remain, according to the Environmental Protection Agency’s recently released Greenhouse Gas Reporting Program data.

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Watchdog Finds a US Chemical Plant Isn’t Reporting Emissions of Climate Super-Pollutants and Ozone-Depleting Substances to Federal Regulators https://insideclimatenews.org/news/16102023/watchdog-us-chemical-plant-isnt-reporting-climate-super-pollutants/ Mon, 16 Oct 2023 13:46:14 +0000 https://insideclimatenews.org/?p=74457 Fenceline monitoring by the Environmental Investigation Agency furthers the call to close industry loopholes under an international environmental agreement.

U.S. chemical manufacturer Honeywell International released chlorofluorocarbons (CFCs)—climate super-pollutants and ozone depleting substances that are banned except for limited uses under an international environmental agreement—according to a report released Oct. 10 by the Environmental Investigation Agency (EIA), a non-profit environmental organization based in Washington, D.C. 

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Apple Goes a Step Too Far in Claiming a Carbon Neutral Product, a New Report Concludes https://insideclimatenews.org/news/03102023/apple-claim-carbon-neutral-watch-draws-skepticism/ Tue, 03 Oct 2023 09:00:00 +0000 https://insideclimatenews.org/?p=74254 The maker of the iPhone is a leader in efforts to reduce the climate impact of its products, but a recent claim about its new line of Apple Watches may be “climate-wash,” a Chinese environmental research organization says.

Apple’s recent announcement of its first-ever “carbon neutral” product was questioned in a new report by a Chinese environmental research organization that gathers and tracks data on greenhouse gas emissions from China’s manufacturing sector, which makes the majority of Apple products. 

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