One Green New Dealmaker Thing: Ed Markey Wins MA Dem Primary with Progressive Surge

Congratulations to Senator Ed Markey — a very early #FriendofthePlanet — for his incredible come-from-behind victory over Congressman Joe Kennedy in the Massachusetts Democratic Senate primary.  Senator Markey has long been someone I (Monica) admired — ever since his days as the leader of the nuclear freeze movement back in the 80s. He has been an outspoken fighter for conserving the environment for decades and a relentless advocate for climate action and for science. If the House bill on climate change that he co-wrote in 2009 had become law, imagine how much more progress we would have made in controlling greenhouse gas emissions and fighting the climate crisis. Congressman Kennedy ran a tough and good campaign. But this campaign ad tells you all you need to know about Senator Markey and why he is so tough to beat!  Ed Markey delivered.

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US and Japan Help Finance Foreign Coal Projects

US and Japan Help Finance Foreign Coal Projects

by Ashira Morris, ODP Staff Writer China is often criticized for funding fossil fuel power infrastructure beyond its borders, and rightly so: it’s the top financier of overseas power plants, especially coal-fired ones. But they’re not the only ones continuing to finance coal and gas projects overseas. The US and Japan are a close second […]

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Yellen To Assess Risk Posed By Climate Change to US Financial System

  This past May, President Biden signed an executive order on climate-related financial risk, a cross-governmental plan that directs federal agencies to identify and mitigate financial risks presented by climate change to Americans, businesses, and the government itself. Progress on this order was made over the weekend when Treasury Secretary Janet Yellen announced that the Financial Stability […]

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Major Investors Sign Climate Demand Letter of G7 Leaders on Eve of Summit

Major Investors Sign Climate Demand Letter of G7 Leaders on Eve of Summit

Large institutions investors representing more than $41 trillion in assets sent a strongly worded letter pressing the G7 governments to “set more ambitious emission reduction targets, detail “clear” road maps to decarbonize pollution-heavy industries and implement mandatory climate risk disclosure requirements,” CNN reported.

Why This Matters: Money talks.  Investors are increasingly willing to walk away from deals like oil and gas drilling projects in the Arctic or investments in fossil fuel companies that refuse to change their business models.

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