** The Treasury Department is urging states to force insurance companies to better account for climate change and its financial risks as growing disaster damage is costing insurers billions of dollars.
** Massachusetts has launched the largest single call for offshore wind projects in the nation. But the state’s new attorney general isn’t so sure that’s a good idea.
** Georgia Gov. Brian Kemp is escalating his attack on President Joe Biden’s electric vehicle policy, speaking Tuesday at the groundbreaking for a company that received more than $100 million to refine graphite for electric batteries from the infrastructure law Biden signed.
** The Biden administration on Tuesday outlined its plan for ensuring oil companies have enough money set aside to clean up old offshore platforms, as costs mount for decommissioning decades-old infrastructure in the Gulf of Mexico.
** A California man is going to prison for running a cow dung-to-green energy scheme that authorities say was a load of manure. Ray Brewer, 66, of Porterville was sentenced Monday to six years and nine months in federal prison in a years-long scam that bilked investors out of $8.75 million, according to a statement from the U.S. attorney’s office.
** Crews have begun clean-up efforts in southern Montana after a bridge over the Yellowstone River collapsed under a freight train carrying hazardous materials Saturday. Several rail cars that did not derail have been removed from the area, and sodium hydrosulfide in two cars has been moved to safety, officials from the Environmental Protection Agency (EPA), Montana Department of Environmental Quality and Montana Rail Link said, according to The Associated Press.
** The smoke from Canada’s devastating wildfires has reached Europe, sweeping across Portugal and Spain on Monday, reports POLITICO. One difference from the United States: The smoke is not anticipated to turn the skies orange or significantly hamper air quality due to differences in altitude.
** Moscow accounted for 46% of India’s oil imports last month, according to data from analytics firm Kpler, a staggering leap from less than 2% before the invasion of Ukraine. In absolute terms, May marked a high.
** Norway announced Wednesday it approved 19 oil and gas projects on the Norwegian continental shelf, saying the total investments are worth over 200 billion kroner ($19 billion).
** The salinity of the water in the Black Sea, which had decreased by almost three times due to Russia’s blowing up of the Kakhovka Hydroelectric Power Plant (HPP), is gradually levelling off. It could return to normal in just a week, reports Oleh Kiper, Head of the Odesa Oblast Military Administration.
** Several European wind power developers shrugged off concerns about problems with onshore wind turbines supplied by Siemens Gamesa this week, after the company revealed deeper-than-expected issues with components and potential design flaws.