Climate change

Biden boosts offshore wind energy, wants to power 10M homes

The Biden administration is moving to sharply increase offshore wind energy along the East Coast, saying Monday it is taking initial steps toward approving a huge wind farm off the New Jersey coast as part of an effort to generate electricity for more than 10 million homes nationwide by 2030.

Companies ask their customers to help them cut emissions

While consumer-goods companies have touted their success in cutting emissions in offices and factories, they are struggling to reduce what they say is the biggest source of emissions associated with their products: consumer use.

GOP senators warn Federal Reserve on climate change actions

Republican members of the Senate Banking Committee sent a letter to Federal Reserve Chairman Jerome Powell warning him against using the central bank’s regulatory authority to implement climate change regulations, which is beyond the scope of its mission.