By 2017, the NFIP had accumulated $30 billion in debt to the Treasury. That same year Congress passed a bill wiping out $16 billion of that debt. But continued borrowing since has left it $20 billion in arrears.
Articles from Around the Web
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Clearloop brings solar to rural minority communities
Clearloop was founded by three Tennesseans, including former governor Phil Bredesen, with the goal of bringing carbon-free power to southern rural, minority communities.
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Largest U.S. biofuels producer pledges carbon neutrality by 2050
"POET operates 33 facilities across eight states. At full run rates, it produces 3 billion gallons of ethanol, 14 billion pounds of distillers dried grains, and 975 million pounds of corn oil annually."
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Chevron vows big increase in low-carbon spending
"Chevron in March announced new targets for cutting emissions intensity — that is, per unit of output — and has been striking new deals and partnerships on alternative fuels and climate."
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We Are Now One Step Closer to Limitless Energy From Nuclear Fusion
Chris Young of Interesting Engineering writes that we are now one step closer to limitless energy from nuclear fusion. “During the test, the magnet reached 20 tesla, a unit of measurement named after pioneering engineer Nikola Tesla, and used to denote the strength of a magnet. As a point of reference, a superconducting magnet in...
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Bill Gates and Jeff Bezos are backing a 3-year search for electric vehicle metals that could be used in Teslas
"The companies chose Australia because the country is well endowed with the right materials needed for EVs, and it has high labor and environmental standards, House said."
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Trees To Capture Carbon (And Cash) In Nation’s First Project On State Forest Land
"The Michigan Department of Natural Resources and DTE Energy, the largest energy company in the state, have inked an agreement to use the 109,000-acre Pigeon River Country State Forest for the pilot project. The plan will help DTE reduce its carbon footprint and add an estimated $10 million in revenue to natural resources management, state officials say."
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HOFFMAN: Proactive Forest Management Is Sustainable For The Environment
"Active forest management policies enable forests to become more resilient and allow for low-intensity, regular fire cycles. Lawmakers would be well-served to incorporate this, among other policy prescriptions, in their rulemaking decisions."
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Fracking Has a Bad Rep, but Its Tech Is Powering a Clean Energy Shift
"Quidnet is refining its business plan and talking with utilities, energy traders, and others about commercializing its technology. Last year, it raised $20 million from investors, including the Geneva-based global commodity trading firm Trafigura, which is expanding into trading megawatts alongside oil barrels."
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Google to replenish 20% more water than it uses by 2030
"'We are pledging to a water stewardship target to replenish more water than we consume by 2030 and support water security in communities where we operate,' Google Chief Sustainability Officer Kate Brandt wrote in a blog post. 'This means Google will replenish 120% of the water we consume, on average, across our offices and data centers.'"
