Justice Samuel Alito did not recuse himself from considering the petition, despite significant financial conflicts of interest in implicated cases. For the first time, the U.S. Supreme Court has granted oil companies’ request to weigh in on whether climate accountability lawsuits are preempted by federal law — setting the stage for a battle that could determine if dozens of similar cases are allowed to move toward trial. The decision means the court will hear arguments from ExxonMobil and Suncor Energy to overturn an earlier ruling by the Colorado Supreme Court,…
Posts published in “Business”
President Donald Trump has all but dismantled U.S. efforts to curb pollution that’s warming the planet and harming human health. Yet with every federal blow to climate action, states have launched a counterpunch. Take Colorado: After Trump and congressional Republicans ended federal EV tax credits, the state juiced its own clean-car incentives. California has meanwhile inked a deal with the United Kingdom to cooperate on clean energy and climate efforts. And several other states are considering “climate superfund” laws, which seek to hold fossil fuel companies financially responsible for climate change–induced damages.…
Japanese companies will finance investments valued at $36 billion in energy and minerals projects in Ohio, Texas and Georgia as part of a trade agreement that will cut U.S. tariffs on Japanese imports to 15%, according to the Trump administration. The announcement is part of Japan’s 2025 agreement to invest $550 billion over the next four years at the direction of the U.S., with the funds aimed at rebuilding and expanding core American industries. In October, the Trump administration provided details on Japanese investments of up to $332 billion to…
Dear reader, as you read this, the curtain is rising on the most significant and heartwarming moment of the year for countless Chinese families. Wanderers have returned to their nests, and lights are glowing in millions of homes. The opening act of this grand festival is, and always will be, the Nianyefan – the Chinese New Year’s Eve reunion dinner. It is more than just a carnival for the taste buds; it is a totem of emotion and belonging. However, if we zoom out and look at the rising steam…