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Giant Batteries Helped the U.S. Power Grid Eke Through Summer
States are relying more on batteries to avoid blackouts, and additional projects are coming online soon. Source link
Companies Stall Climate Action Despite Earlier Promises
Cutting emissions is proving harder for larger companies to achieve than making commitments to cut those emissions. Source link
Inside Exxon’s Strategy to Downplay Climate Change
Listen to article (2 minutes) Exxon Mobil issued its first public statement that burning fossil fuels contributes to climate change in 2006, following years of
Microsoft Will Use Carbon-Absorbing Rocks to Meet Climate Goals
A deal with Heirloom Carbon is one of the largest-ever purchases of carbon-removal credits. Source link
China Slips Into Deflation in Warning Sign for Global Economy
China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link
Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link
‘I Don’t Want to Be Here Anymore.’ The Economic Cost of Houston’s Heat.
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Pouring Ice Into Concrete: Builders Adapt to Extreme Heat
Engineers and architects seek solutions as roads, bridges and train tracks are buckling from extreme heat gripping the globe. Source link
Rio Tinto warns on global slowdown risks, production issues By Reuters
© Reuters. FILE PHOTO: The Rio Tinto logo is displayed above the global mining group’s booth at the Prospectors and Developers Association of Canada (PDAC)
Canada sees path forward on global digital services tax deal By Reuters
© Reuters. FILE PHOTO: Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to media after presenting the federal budget on Parliament Hill