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Climate
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Climate Change
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Environmentalists deliver more than 122,000 public comments urging USDA, Dept. of the Interior to protect mature and old-growth forests and trees on public lands from logging as a cornerstone of climate policy; input meets Aug. 31 public comment deadline
Targeted News Service (08/31)
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Recycling & Waste
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Recycling
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The world needs to focus more strongly on reusing plastic packaging to reduce demand for virgin plastics and prevent pollution, says minister of the environment of the Netherlands during G20; recycling alone is not enough to combat plastic pollution
ForeignAffairs.co.nz (08/31)
Plastics packaging recyclers attribute low recycling rates to lack of collection infrastructure, mixing of plastics which complicates recycling processes; infrastructure is especially lacking for film, flexibles made from LDPE or PS: Waste360
Waste360 (08/31)
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Recycling & Waste Management Services
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Toxic PFAS 'forever chemicals' detected in Cambridge, Massachusetts drinking water; city to spend US$2.0M/month switching to alternative water source from Massachusetts Water Resource Authority
MassLive.com (08/31)
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Health & Safety
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Health Care, Pharmaceuticals & Wellness
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Moderna receives provisional approval in Australia for its omicron-targeting bivalent booster vaccine that has received clearance in UK, Switzerland, US; Moderna reports it has submitted approval requests for the booster worldwide
SeeNews Pharmaceuticals (08/31)
FDA approves updated bivalent COVID-19 booster doses from Moderna and Pfizer/BioNTech; Moderna’s shot approved for adults, Pfizer shot approved for people 12 years old and older
Associated Press (08/31)
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Industries
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Building Products & Wood
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Union of British Columbia Indian Chiefs says province misleading public on old-growth; satellite imagery analysis shows more than 55,000 hectares of proposed old-growth deferrals face imminent risk of logging, some deferrals have already been destroyed
Targeted News Service (Press Releases) (08/31)
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Energy, Fuels & Utilities
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GlobalData: Lack of government support has stunted Mexico's growth of renewables, and its aim to achieve 35% of electricity generation from clean energy sources by 2024 doesn't look feasible; however, Mexico has huge potential to harness power from wind
GlobalData Plc (08/31)
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Forestry/Timberland
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'Enough with the anti-forestry insanity', says F2M's CEO, in response to New York Times opinion by songwriter Carole King; he says environmental scientists and those working on forest health know 'there is a tremendous cost to leaving our trees alone'
Forest2Market Inc. (08/31)
New York DEC finalizes recreational management plan for Edinburgh and Corinth Conservation Easement tracts owned by Lyme Timber and Lyme Adirondack Timberlands II; RMP continues recreational access, protects natural resources on the combined 13,730 acres
States News Service (08/31)
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Household Products
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UK regulator Advertising Standards Authority bans advertisement from Unilever's laundry detergent brand Persil over misleading environmental claims; group says ad claimed Persil was 'kinder to our planet' but failed to demonstrate environmental benefits
Alliance News (08/31)
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Paper, Pulp & Cellulose
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Local officials skeptical of announcement that Ponderay Industries plans to restart newsprint mill in Usk, Washington--which also houses cryptocurrency mine--if it can secure another 70 MW; public utility calls announcement 'disingenuous,' 'misleading'
The Spokesman-Review (08/31)
Ponderay Industries announces plans to restart newsprint mill in Usk, Washington, which has been idled since bankruptcy in 2020 and is also home to Merkle Standard cryptocurrency mining center; Ponderay negotiating with local utility for additional 70 MW
PR Newswire (08/31)
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Tobacco, Cannabis & Derivatives
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Washington state's Clallam County enlists help of McKinley Paper's incinerator to destroy illegal marijuana seized by law enforcement as state battles ongoing black market operations
Peninsula Daily News (08/31)
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Macro Economics |
Leading Indicators & Economic Signals
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DataTrek: Odds of Fed 'pivot' to lower rates in H1 2023 are essentially zero; however, 10-year Treasury yield of 3.11% is bright spot supporting stock prices, and a sign that markets have gained some confidence Fed will bring down inflation in long run
Business Insider (08/31)
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GDP
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Jefferies sees resilient US economy even as Fed pushes rates to 4%, keeps them there for 2023; real wages will rise again in August as CPI is on track to contract, and Q3 GDP expected to expand by over 3% as net exports will likely be additive to growth
FinancialPress (08/31)
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Inflation
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Wharton professor says inflation has already peaked, warns Fed that excessive rate hikes could plunge US economy into deep recession in 2023; Fed may only need to raise rates by 100 basis points to 3.25%-3.5% to curb inflation without choking economy
Business Insider (08/31)
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Interest Rates
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Charles Schwab CIO says Fed will only cut rates when it's worried about recession, and won't be deterred by any natural cooldowns in inflation; if August jobs report is strong, that would reflect economic strength, encourage Fed to continue raising rates
Business Insider (08/31)
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General Business
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White House mandates that all federally funded research papers and data must be available immediately upon publication and at no cost; policy goes into effect Dec. 31, 2025
whitehouse.gov (08/31)
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In the News
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