Monthly Archives

May 2024

US invests $60M to conserve Rio Grande water amid rising demand

TL/DR - The US government plans to dedicate $60m to projects along the Rio Grande to improve resilience in the face of climate change and growing demands. The funding, the first from the Inflation Reduction Act for a basin outside the Colorado River system, will be used for various projects including capturing more stormwater runoff and improving…

Avoid Water Damage Limitations in Insurance Policies

TL/DR - Washington state Insurance Commissioner Mike Kreidler is urging residents to check their home insurance policies for water damage sublimits, which may provide lower premiums but can lead to costly out-of-pocket expenses. Five insurance companies in the state are considering selling policies with optional water damage sublimits, a term…

Investigation Zeroes in on Checks and Phone Records

TL/DR - In the trial surrounding Donald Trump's alleged hush money payment to adult film actress Stormy Daniels, prosecutors are focusing on checks and phone records, with Michael Cohen, Trump's former lawyer, set to testify. The case is centered on the idea that Trump and his team illegally influenced the 2016 presidential election by…

White House Economist: Tax Code Includes Green Transition

TL/DR - The Chair of the White House Council of Economic Advisers, Lael Brainard, has stated that it would be difficult for Republicans to reverse the sustainable energy provisions of the 2022 Inflation Reduction Act (IRA) if they win majorities in the upcoming general election. The IRA incentivizes businesses and households to transition to…