Author: Rachel Frazin

Climate activists set to pressure Biden with Congress divided

The limited at best prospects for major climate legislation under a divided Congress has left many environmental advocacy groups hoping to amp up pressure on the Biden administration to advance regulations that are more protective of the environment. While there are some legislative climate issues to watch with a GOP House and Democratic Senate, activists say…

Energy & Environment — Drought costing California agriculture billions

A new study finds that drought is costing California’s agriculture industry billions. Meanwhile, Russian strikes knocked Ukraine’s electricity offline, and the Biden administration approved a new oil export terminal. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack Budryk. Sign up…

Biden eases Trump-era restrictions for financial advisers on ESG

The Biden administration is making it easier for money managers to consider climate change and other environmental and social factors in retirement investments. The Labor Department on Tuesday issued a new final rule making it so that these fiduciaries can consider “the economic effects of climate change” in investments that they oversee. Assistant Secretary for…

Uncertainties about climate compensation fund trigger skepticism

A newly agreed “loss and damage” fund in which developed countries would pay for climate damages suffered by vulnerable developing counterparts lacks both details and actual funding, raising question about whether it’s merely a symbolic breakthrough. Developing nations responsible for the smallest amounts of climate pollution for years have called for such a fund, which has been…

Energy & Environment — COP27 closes with ‘loss and damage’ breakthrough

The COP27 conference closes with a long-elusive “loss and damage” deal, pro-sustainability Democrats want narrower permitting reform and Saudi Arabia denies a report that it’s set to increase oil production. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack Budryk. Sign…

Energy & Environment — COP27 stretches into overtime

COP27 climate negotiators go past their scheduled ending date. Meanwhile, Republicans are expected to nix the House Select Climate Crisis Committee when they take over the lower chamber early next year. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack…

G-20 reaffirms support for keeping warming to 1.5 degrees amid alleged resistance at climate summit

The Group of 20 (G-20) large world economies is reaffirming its commitment to limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) as some countries allegedly want to back away from the target at a global climate summit. “Noting the [United Nations’s Intergovernmental Panel on Climate Change] assessments that the impact of climate change will…