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On antitrust and big tech, Biden must return to his centrist roots
thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.
The truth behind companies net zero climate commitments Alice C. Hill and Jennifer Nash, opinion contributors © Getty The truth behind companies net zero climate commitments
Going green is in fashion. Investments tagged as ESG - environmental, social and governance - now account for one-third of total U.S. assets under management. Issuance of green bonds reached the $1 trillion mark in October 2020 and the total continues to climb. And over 1,500 companies from a broad range of industries - including Ford, NRG and American Airlines - have pledged to reduce their climate change emissions to net zero by 2050.
What do these corporate pronouncements mean? Imagine you want to use your tax refund to buy stock and you pick the oil industry giant BP because you learn the company has pledged to become carbon neutral by 2050. Or suppose you are a young professional deciding whether to accept a job offer from the consumer products giant Amazon, impressed by the
Editorial: Shine the light — Public info protections help keep us informed
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To Renew Our Democracy, We Need to Tax the Ultrarich
Sen. Elizabeth Warren conducts a news conference in the Capitol to introduce the Ultra-Millionaire Tax Act on March 1, 2021. The act would tax high net-worth households.
Tom Williams / CQ-Roll Call, Inc via Getty Images
By
Sen. Elizabeth Warren and Rep. Pramila Jayapal’s Ultra-Millionaire Tax Act of 2021, introduced March 1, could not be a more timely reminder that the United States needs serious policy changes to address massive wealth and income inequality. While eight million Americans slipped into poverty and half a million lives were lost to Covid-19 since the beginning of the pandemic all with a disproportionately large impact on communities of color the wealth of U.S. billionaires almost doubled, up $1.3 trillion. At this rate, it would take five more months for the wealth of the richest Americans to match the $1.9 trillion relief package put forward by the Biden administration.
Bill would require California olive oil to come from California olives
Assemblywoman Cecilia Aguiar-Curry
WINTERS Legislation was introduced this week that would require the olive oil industry to use California olives if it puts “California” on its labeling.
Assembly Bill 535, a reintroduction bill of last year’s AB 2074, was authored by Assemblywoman Cecilia Aguiar-Curry, D-Winters.
“This bill will ensure that consumers know exactly what they are buying, and it will help to support our local farmers who are producing world-class oils from olives grown here in our state,” Aguiar-Curry said in a statement released by her office. “If we’re going to demand the best, we owe it to California farmers to at least support truth in the marketplace. It’s time we stop people from profiting off our name, by giving the impression consumers are getting something they’re not.”
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