Latest in Billion Climate
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EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - 4h -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - 4d -
Trump Administration Claws Back $20 Billion in Climate Project Funds
After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.Inc. - 5h -
Zeldin: $20B in green bank grants from climate law terminated
Environmental Protection Agency (EPA) Administrator Lee Zeldin said Tuesday night he has terminated $20 billion in green bank grants that were funded by the Democrats’ climate, tax and health care ...The Hill - 8h -
EPA sets stage for cutting climate and pollution regs
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story EPA sets stage for cutting climate and pollution regs The Environmental Protection Agency (EPA) ...The Hill - 1h -
‘Global weirding’: climate whiplash hitting world’s biggest cities, study reveals
Swings between drought and floods striking from Dallas to Shanghai, while Madrid and Cairo are among cities whose climate has flipped. Climate whiplash is already hitting major cities around the ...The Guardian - 1d -
Supreme Court turns away bid to block state climate change lawsuits
A group of Republican-led states sought to block lawsuits brought by a group of Democratic-led states that seek to hold energy companies accountable for climate change.CBS News - 2d -
U.S. Energy Secretary Pledges to Reverse Focus on Climate Change
To applause from oil and gas executives, Chris Wright said natural gas was preferable to renewable energy and climate change was a “side effect of building the modern world.”The New York Times - 1d -
US will be ‘central’ to climate fight even without Trump, says Cop30 president
André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...The Guardian - 2d -
Transportation secretary rescinds Biden memos prioritizing infrastructure resilience to climate change
Transportation Secretary Sean Duffy rescinded memos from the Biden administration prioritizing infrastructure resilience to climate change, according to a Monday press release. According to the ...The Hill - 2d -
Republicans want to repeal Biden’s climate legacy. Good luck with that.
President Trump has used funding pauses and Elon Musk's Department of Government Efficiency to target climate initiatives by the federal government, but will need the help of Congress to repeal the ...The Hill - 5h -
EPA signals it will slash climate and pollution rules, including for cars and power plants
The Environmental Protection Agency (EPA) indicated Wednesday that it will slash a broad suite of rules and determinations that aim to cut pollution or mitigate climate change — including from cars ...The Hill - 5h -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 2d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 4h -
'Pokémon Go' sells to Culver City-based Scopely in $3.5 billion deal
Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.Los Angeles Times - 3h -
US energy industry’s climate retreat is putting profits over people, advocates say
Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas. At a major oil and gas conference in Texas this week, companies publicly retreated from their ...The Guardian - 8h -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 2d -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - 20h -
SCOTUS rejects Republican-led effort to halt climate lawsuits in Dem-led states
The Supreme Court has rejected a lawsuit from Republican attorneys general in 19 states aimed at blocking climate change suits against the oil and gas industry from Democratic-led statesABC News - 2d -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 5d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 2d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1d -
Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - 11h -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - 10h -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 2d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
Amazon forest felled to build road for climate summit
The infrastructure required to host COP30 in Belém is undermining the cause, campaigners say.BBC News - 18h -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 1d -
Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal
Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...GameSpot - 11h -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 5d -
‘A new phase’: why climate activists are turning to sabotage instead of protest
Tougher laws said to be inspiring clandestine attacks on the ‘property and machinery’ of the fossil fuel economy. It was raining and the sparkling lights of the City of London shone back from the ...The Guardian - 4d -
Tree loss from hurricane leaves Asheville vulnerable to new climate shocks
Damage to trees in western North Carolina from Hurricane Helene was ‘extraordinary and humbling’ but urban areas face particular problems. The city of Asheville and its surrounding areas have been ...The Guardian - 3d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 2d -
US energy secretary criticises climate policy for damaging UK economy
Chris Wright says ‘once mighty’ British steel and chemicals industries have been displaced to AsiaFinancial Times - 2d -
Climate change could be threatening satellites as they orbit in space: Study
The ongoing surge of greenhouse gas emissions in the near-Earth environment could cause dramatic declines in the number of satellites orbiting the planet by the end of the century, a new study has ...The Hill - 2d -
Climate Group Funded by Bill Gates Slashes Staff in Major Retreat
Breakthrough Energy, an umbrella group for energy and environmental efforts funded by Mr. Gates, is resetting for the Trump era.The New York Times - 4h -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 3d -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - 2d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 1d