Keyword: climateaction
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Gov. Gavin Newsom’s press office repeated the Los Angeles Times’ description of the RRA as “a new local authority” that would “buy burned lots, rebuild homes and offer them back at discounted rates to the original owners.”.. A controversial California bill that would have created a powerful “Resilient Rebuilding Authority” for the Los Angeles fires was put on temporary hold by state Sen. Ben Allen, D-Santa Monica, in response to widespread community concerns. “I appreciate the input of the folks who have weighed in about the bill, and along with legislative colleagues have decided that it would be best for...
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The U.S. Navy officially scrapped a Biden-era “climate action” plan for the force on Tuesday, signifying the Trump administration’s ongoing efforts to refocus the military towards warfighting. “Today, I’m focusing on the warfighters first, and I’m rescinding the Biden administration’s climate action program. Our focus needs to be on lethality and our warfighters,” Navy Secretary John Phelan announced in a video message. Released in May 2022, the Climate Action 2030 program contained a series of actions and goals the Department of the Navy (DON) has taken or planned to undertake to tackle what Biden Navy Secretary Carlos Del Toro characterized...
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Last month, the Department of Government Efficiency (DOGE) discovered a $20 billion windfall that the EPA gave to radical green groups in the waning days of the Biden administration. The Greenhouse Gas Reduction Fund was a catch-all program designed as a federal money spigot for radical NGOs and green groups. The $20 billion in cash was doled out to just eight groups, including $2 billion to Power Forward Communities, an organization that, at the time it received the EPA grant in April 2024, had $100 in the bank. Power Forward Communities lists dozens of "partners" on its website, among them...
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Carney is a former Goldman Sachs banker and UN special envoy for climate action ... Canada’s self-described ‘globalist’ new Prime Minister Mark Carney ... Carney criticized President Trump during his acceptance speech when he won the Liberal leadership last Sunday, saying that Canada’s tariffs against the United States will remain until the Americans "show us respect" and added that Canadians "are always ready when someone else drops the gloves." He also tried to tie Trump to his main challenger. "Donald Trump thinks he can weaken us with his plan to divide and conquer," while "Pierre Poilievre’s plan will leave us...
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According to the lawsuit, the three asset managers acquired substantial stockholdings in coal companies, and then used their influence to pressure the companies to adopt ESG goals and reduce output. Texas Attorney General Ken Paxton, along with 10 other state attorney generals, have filed a lawsuit against BlackRock, State Street Corporation, and Vanguard Group, three of the largest institutional investors in the world. The lawsuit filed Tuesday alleges the firms conspired to artificially constrict the market for coal through anti-trade practices. “Texas will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized ‘environmental’ agenda....
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Attorney General Ken Paxton sued BlackRock, State Street Corporation, and Vanguard Group, three of the largest institutional investors in the world, for conspiring to artificially constrict the market for coal through anticompetitive trade practices. Over several years, the three asset managers acquired substantial stockholdings in every significant publicly held coal producer in the United States, thereby gaining the power to control the policies of the coal companies. Using their combined influence over the coal market, the investment cartel collectively announced in 2021 their commitment to weaponize their shares to pressure the coal companies to accommodate “green energy” goals. To achieve...
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A House Judiciary Committee released a report Tuesday that alleges a ‘climate cartel’ comprised of left-wing environmental activists and major financial institutions colluded to force American companies to adopt anti-fossil fuel policies, which have in turn, harmed U.S. consumers. The interim report was the product of a two-year investigation by House Judiciary Republicans into whether “woke” companies were engaging in behaviors that violate antitrust laws. “Today’s report demonstrates a clear violation of antitrust laws among the companies cited. It indicates both an agreement and a reduction of output – the two standards necessary to establish antitrust,” Rep. Harriet Hageman, R-Wyo.,...
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JPMorgan Chase and institutional investors BlackRock and State Street Global Advisors announced Thursday that they are quitting or, in the case of BlackRock, substantially scaling back involvement in a massive United Nations climate alliance formed to combat global warming through corporate sustainability agreements. In a statement, the New York-based JPMorgan Chase explained that it would exit the so-called Climate Action 100+ investor group because of the expansion of its in-house sustainability team and the establishment of its climate risk framework in recent years. BlackRock and State Street, which both manage trillions of dollars in assets, said the alliance's climate initiatives...
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... One year ago, Democrats in Congress passed the Inflation Reduction Act. It provided an unprecedented $370 billion for climate action, which could create up to 9 million new jobs over the next decade – and it’s expected that those numbers could grow. When all is said and done, we believe it will signal a turning point not just in America’s clean energy economy, but in New York’s clean energy job creation, too. But ever since the Inflation Reduction Act was enacted, extremists in Washington have sought to unravel it. It’s strikingly similar to what they tried to do to...
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Chrystia Freeland called climate action 'an insurance policy against higher energy prices.'. Prime Minister Justin Trudeau’s World Economic Forum-linked finance minister told Canadians on Tuesday that record-high fuel prices are a “reminder of why climate action is so important and why as a country we need to work even harder and move even faster towards a green economy.” “It’s an insurance policy against higher energy prices,” Liberal Finance Minister Chrystia Freeland said at a press conference. Freeland’s statements come after the Liberal government increased the cost of fuel overnight by imposing a “carbon tax” on Canadians on April 1. On...
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Three Major Firms Pull Out of Climate Change Alliance ConocoPhillips, BP America and Caterpillar pulled out of a leading alliance of businesses and environmental groups pushing for climate change legislation on Tuesday, citing complaints that the bills under consideration are unfair to American industry. The sudden pullout of three corporate giants from a leading alliance of businesses and environmental groups could be the death knell for climate change legislation languishing on Capitol Hill. ConocoPhillips, BP America and Caterpillar's announced Tuesday they will pull out of the U.S. Climate Action Partnership, citing complaints that the bills now in Congress are unfair...
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SACRAMENTO Gov. Arnold Schwarzenegger is seeking changes to a bill that would make California the first state in the nation to cap greenhouse gas emissions from industrial sources, a move that could put him in a difficult political position if Democrats object to his amendments. Schwarzenegger has championed policies to combat global warming and has tried to position the state as the first in the nation to limit emissions that are widely blamed for contributing to global warming. But Democrats fear Schwarzenegger's requested changes could undermine the effectiveness of the Assembly bill, which would limit emissions from businesses such as...
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