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Occidental Petroleum's net-zero claims met with skepticism

Occidental Petroleum's net-zero claims met with skepticism

Occidental Petroleum's strategy to achieve net-zero emissions through carbon capture and other technologies faces significant criticism for potentially increasing overall greenhouse gas emissions.

Joseph Winters reports for Grist.

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Opioid ruling boosts Big Oil defense in Hawaii climate case

A landmark federal court ruling that rejected efforts to force three opioid distributors to pay up for the addiction crisis is already being cited by oil and gas companies in at least one lawsuit from local governments seeking compensation for erosion, wildfires and other effects of a warming planet.

Camp Fire: CA home insurer can’t pay claims, goes insolvent

Camp Fire: CA home insurer can’t pay claims, goes insolvent

Potential monetary losses from the Camp Fire led a judge to declare Merced Property & Casualty Co. of Atwater insolvent on Monday. The wildfire in California destroyed more than 13,000 homes, mostly in Paradise.
Losses from Northern California wildfires top $3 billion; 14,000 homes destroyed or damaged

Losses from Northern California wildfires top $3 billion; 14,000 homes destroyed or damaged

California's insurance commissioner said the wildfires that ravaged wine country this month caused at least $3 billion in insured losses and warned the figure will likely grow as more claims are reported by insurers.
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