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☆ A California man charged with smuggling greenhouse gases hints at the revival of a decades-long black market
▼ + stars: | 2024-03-09 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

But there's also a blooming black market in greenhouse gases. HFCs are commonly used in refrigerators and air conditioners, but they're also potent greenhouse gases. There's been a thriving black market for climate-altering refrigerant chemicals since the 1990s, at times as lucrative as selling cocaine. KAMIL KRZACZYNSKI/AFP via Getty ImagesThe black market "comes with the territory" of regulation, Doniger said. At the height of the CFC black market, many cars still used those refrigerants for their air conditioners.

Persons: there's, hydrofluorocarbons, they're, Adrees Latif, Michael Hart, Tara McGrath, There's, Hart, Carlo Allegri, David Doniger, HFCs, Avipsa, Victor Molina, KAMIL KRZACZYNSKI, Mahapatra, Doniger Organizations: Service, Department of, Business, Facebook, Department of Justice, Reuters, Natural Resources Defense Council, NASA, Environmental Investigation Agency, Getty, EPA, Department of Homeland Security, Department of Defense, DOJ, US Attorney's, Southern, of, New York Times, CFC Locations: San Diego, Mexico, Port of Miami, Montreal, Elk Grove Village , Illinois, AFP, United States, of California, HFCs, Europe

☆ Supreme Court weighs conservative plea to weaken federal agencies
▼ + stars: | 2024-01-17 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +6 min

Supreme Court Police officers stand on the plaza outside of the Supreme Court of the United States after the nation's high court stuck down President Biden's student debt relief program on Friday, June 30, 2023 in Washington, DC. WASHINGTON — A 40-year-old Supreme Court precedent that over the years has become a bugbear on the right because it is viewed as bolstering the power of federal agencies could be on the chopping block as the current justices on Wednesday consider whether to overturn it. Justice Gorsuch has been an outspoken critic of the Chevron ruling. Jonathan Adler, a professor at Case Western Reserve University School of Law, said there were always disagreements among lawyers and academics over how courts should apply the Chevron ruling. The fisheries dispute is one of several in the current court term in which the justices are considering attacks on federal agency power led by business interests and the conservative legal establishment.

Persons: Biden's, Reagan, Anne Gorsuch, Neil Gorsuch, Gorsuch, David Doniger, Jonathan Adler, Joe, Magnuson, Trump, Don McGahn Organizations: Police, WASHINGTON —, Natural Resources Defense, Chevron, Environmental Protection Agency, Act, EPA, Democratic, Case Western Reserve University School of Law, National Marine Fisheries Service, Stevens Fishery Conservation, Management, Trump, Trump White House, Conservative Political, Conference Locations: United States, Washington , DC, Chevron v, Chevron, New England

Lower courts used the decision to uphold a 2020 National Marine Fisheries Service rule that herring fishermen pay for monitors who track their fish intake. A group of commercial fishermen appealed the decision to the Supreme Court. They lost in the lower courts, which relied on the Chevron decision to sustain the regulation. The Supreme Court itself hasn't invoked the Chevron decision since Trump's justices began arriving on the court in 2017, the first year of the Republican's administration. ___Follow the AP's coverage of the U.S. Supreme Court at https://apnews.com/hub/us-supreme-court.

Persons: Donald Trump, ”, Mark Chenoweth, Koch, it’s “, David Doniger, Doniger, — Clarence Thomas, Samuel Alito, Neil Gorsuch, Brett Kavanaugh —, Ryan Mulvey, “, Leif Axelsson, Axelsson, he’d, John Paul Stevens, ” Stevens, Sandra Day O'Connor, hasn't, Paul Clement, ” Clement Organizations: WASHINGTON, — Business, Marine Fisheries Service, Supreme, Chevron, New Civil Liberties Alliance, Natural Resources Defense, American Cancer Society, ”, Trump, Action Institute, Fishermen, U.S Locations: Rhode Island, Cape May , New Jersey, Coast, Cape

It is responsible for about one-third of planet-warming greenhouse gas emissions. The new methane rule will help ensure that the United States meets a goal set by more than 100 nations to cut methane emissions by 30% by 2030 from 2020 levels, Regan said. The EPA rule is just one of more than 100 actions the Biden administration has taken to reduce methane emissions, Zaidi added. The plan marks the first time the U.S. government has directly imposed a fee, or tax, on greenhouse gas emissions. The oil industry has generally welcomed direct federal regulation of methane emissions, preferring a single national standard to a hodgepodge of state rules.

Persons: —, Biden, Joe Biden, Michael Regan, Ali Zaidi, Regan, ” Regan, Zaidi, Harris, Harold Wimmer, Wimmer, David Doniger, ”, Obama, I'm, Fred Krupp Organizations: WASHINGTON, Environmental Protection Agency, United Nations, United Arab Emirates, Oil, UN, United States, Biden, Harris Administration, American Lung Association, EPA, Natural Resources Defense Council, Environmental Defense Fund Locations: Dubai, United Arab, U.S, Paris, Scotland, Egypt, United

☆ The CEO of UNest, a college savings app, stepped down after she said the company was 'insolvent.' Here's what customers need to know.
▼ + stars: | 2023-11-03 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

UNest is a startup that makes it easier for people to save up for major life expenses like college. Ksenia Yudina, founder & CEO, stepped down last month and warned the company was "insolvent." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As Insider previously reported, Ksenia Yudina, founder & CEO, stepped down last month and warned the company was "insolvent." "The board, remaining management, and investors are working closely together to secure additional funding for the company," he said.

Persons: Ksenia Yudina, —, Franklin Templeton, Star Baron Davis, Laura Dern, Michael Doniger, UNest, Ben Bergman, bbergman@insider.com Organizations: Service, Artemis Fund, Anthos, Northwestern Mutual, Star, Vanguard, Blackrock, Apex Clearing Locations: Anthos Capital, Apex

☆ The CEO of UNest resigned after she said the board asked her to approve an 'illegal' takeover, according to a leaked email. The company says customer accounts are safe.
▼ + stars: | 2023-10-31 | by ( Ben Bergman | ) www.businessinsider.com time to read: +5 min

"This matter is very confidential and person who leaked the email can be subject to legal claims," Yudina wrote. UNest boasted 400,000 users that year and said it was on track to hit a million users in 2022. "I wasn't doing something that I perceived as illegal and unethical, therefore I stepped down from the position of CEO," Yudina wrote. "Tech industry is navigating a lot of headwinds and even strong startup founders get affected," Yudina wrote, before saying that people should be focused on supporting Israel. "As we navigate the hurdles of our daily lives, it's crucial to remember that there are people on another continent enduring unimaginable suffering and uncertainty," Yudina wrote in the message.

Persons: Ksenia Yudina, UNest, Yudina, I'm, Michael Doniger, Doniger, Franklin Templeton, Northwestern Mutual –, Star Baron Davis, Laura Dern, –, SVB, Ben Bergman, bbergman@insider.com Organizations: Silicon Valley Bank, LinkedIn, Apex, Capital Group, Artemis, Anthos, Northwestern Mutual, Star, Business, Tech, Israel Locations: Silicon, Anthos Capital, UNest, Silicon Valley

☆ ‘An American Girl in India’ Review: A Country Stirs a Young Heart
▼ + stars: | 2023-09-28 | by ( Tunku Varadarajan | ) www.wsj.com time to read: 1 min

Photo: Alamy Stock PhotoSix weeks into her first visit, Wendy Doniger realized that “it is not necessary to love everything about India in order to love India.” A precocious judge of herself and her surroundings, Ms. Doniger was only 22, just out of Radcliffe College, and had traveled to Calcutta to study Bengali and Sanskrit. The year was 1963, and the India of that time was a “happy and innocent” place. It had not yet been “darkened,” Ms. Doniger writes in “An American Girl in India,” by the rise of a “jingoistic and repressive Hindu theocracy.”

Persons: Wendy Doniger, ”, Doniger, Ms Organizations: Radcliffe College Locations: India, Calcutta, “, American

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