"[I]naccurate pricing has left the NFIP in the red. Its coffers were wiped out by Hurricane Katrina in 2005. The program suffered additional hits from hurricanes Sandy, Harvey and Irma. Congress bailed out the program in 2017 with $16 billion in debt relief, leaving the ultimate cost of those storms on the backs of the American taxpayer."
"'Shielding automakers from competition and stopping consumers from accessing affordable EVs today is not going to help them meet their climate goals, nor will it help their domestic industries,' Aleksandra O’Donovan, who leads BloombergNEF’s Electrified Transport research team, said in an interview. 'At the moment, it feels as though the decarbonization targets might not be the priority.'"
"'[A]s we’ve seen in recent weeks across the country that is hugely important part of what our industry – supplying affordable and efficient clean-burning natural gas to heat our homes and help power our grid – but we often forget just how many other things we have and enjoy in the 21st Century that are made possible because of oil and natural gas.'"
"The company attributed the emissions spike to an increase in data center energy consumption and supply chain emissions driven by rapid advancements in and demand for artificial intelligence. The report noted that the company’s total data center electricity consumption grew 17% in 2023."
"Most of H&M’s clothing is made in Asia, led by China and Bangladesh. The company works directly with 574 suppliers that operate 1,027 factories across Europe, Asia and North America."
"Our energy resources provide America with an incredible strategic advantage. Through innovation and the strength of our workers, the United States has once again become the world’s No. 1 producer of oil, natural gas and renewables in the world."
"In weighing up recycling versus landfill for plastic waste (including synthetic fibers) it is useful to know that less than 10% of all plastic produced since 1950 has been recycled, with 79% in landfills or the natural environment (the remainder is incinerated, releasing CO2 and other hazardous additives into the atmosphere). Plastic recycling is complex and expensive, and the recycled material can be more expensive (and sometimes of lower quality) than the virgin equivalent."
"The nation is at an inflection point in addressing climate change. It needs to decide whether it will continue down a fraudulent path of green talk without results or pivot toward commercial solutions that meet today’s energy needs, the increased power requirements of future megacities while also decarbonizing the planet."
"A suite of new and existing investors are behind Generate Capital's $2 billion, led by AustralianSuper and QIC with new investment from Harbert Management Corporation, Aware Super, and CBRE Caledon and others."
"The Boulder, Colorado-based company raised a $50 million Series C round led by BOND, with participation from existing investors Tusk Ventures, Sequoia and Forerunner Ventures, as originally reported in Midas Touch newsletter. This brings the startup’s total funding to $78 million."
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