Elizabeth Warren, in her first year as a U.S. senator, has captured headlines by pressuring such industry titans as Goldman Sachs Chairman Lloyd C. Blankfein for transparency, including a Dec. 4 call for Wall Street banks to disclose their contributions to policy groups that provide financial analysis to Congress.
International oil producers are girding for carbon emission costs that may surge to almost 10 times the current prices in Europe, the world’s largest greenhouse gas market, as governments around the world step up efforts to curb climate change.
A historic exodus from municipal mutual funds is propelling the biggest jump in trading in local debt since 2011 as individuals and money managers bet an expanding economy will drive up interest rates.
Growing forests is supposed to slow global warming because trees soak up carbon dioxide in photosynthesis. But a new study by Dartmouth College says that sometimes the better play to save the planet is cutting down trees. That would be in high latitudes where there’s a lot of snow. Treeless meadows covered with snow reflect a lot of the sun’s light and heat, reducing global warming.