This Day in Alaska History-January 17th, 1913
‘Their Price Strategies Are Bearing Fruit’: Oil and Coal Profits Surge 340%
A leading economist urged policymakers to “address corporate profiteering as a driver of inflation by reining in megacorporations and addressing the unsustainably high prices facing families around the country.” Progressive demands for congressional action to curb corporate monopoly power were renewed Friday after federal data confirmed that certain heavily consolidated industries are continuing to rake in […]
Filings Reveal Manchin’s Blind Trust Can’t Explain Away ‘Blatant Conflict of Interest’
“What Manchin is doing is not illegal. The conflict of interest code for Congress is just way too weak.” The blind trust that Sen. Joe Manchin frequently cites to deflect criticism of potential conflicts of interest stemming from his family’s lucrative West Virginia coal empire is—according to newly reported financial documents—”much too small” to cover his total earnings […]
China Vows to Stop Building Coal Plants Overseas, But What Does That Mean?
SEOUL, SOUTH KOREA — When Chinese President Xi Jinping last week announced his country will stop building coal power plants overseas, environmental activists were jubilant. It’s easy to see why. China is a major financial backer of coal-fired power plants around the world, which emit greenhouse gases that cause climate change. With China’s announcement, all the […]