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The News That Never Was: Goldman Sachs’ $5 Billion Mortgage Fraud Settlement

Goldman Sachs agreed to pay $5.1 billion in penalties for its part in the mortgage crisis that led to the 2008 recession — except it won’t, really. With good behavior and negotiated benefits, Goldman Sachs’ penalty for deceiving investors in one of Wall Street’s greatest scandals will likely be at least a $1 billion less.

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Israel Expected to Save $8 Billion By Cutting Emissions

Israel, a leader in technology development, says it’s on track to save $8 billion from carbon emissions reductions. The Israeli cabinet has unanimously approved the country’s 2030 targets, with sweeping calls for more tech funding and small-business support. Environmental advocates say that will be great — once the government inks it in stone with a finalized budget.

Farming, USDA, farm subsidies, soy, corn, Leon Kaye

Annual Farm Subsidies to Reach 10-Year High

The Congressional Budget Office estimates that crop subsidies will surge to approximately $10.2 billion this year, almost $3 billion more than during the 2015-2016 fiscal year.

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Breaking the Connection Between Emissions and Economic Growth

As more countries shift to sustainability, economic growth is beginning to decouple from carbon emissions for the first time in history. In fact, according to the World Resources Institute (WRI), 21 countries experienced positive economic growth since 2000 while cutting carbon emissions, some dramatically.

Hillary Clinton lead poisoning

Hillary Clinton Gets Real About Lead Poisoning

On the heels of the Flint water crisis, former Secretary of State and presidential candidate Hillary Clinton outlined a realistic plan for reducing lead hazards nationwide.

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Fossil Fuel Companies Can’t Get Away With Dodgy Climate Dealings

Fossil fuel companies just can’t seem to get away with dodgy dealings when it comes to climate change. Building on prior investigations, a group of 17 attorneys general are now looking into top firms’ backing of climate denial.

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EU Goes After Multinational Tax Avoiders with New Laws

The controversial Panama Papers leaked the names of government officials, celebrities and multinational companies using offshore tax havens to stash away undisclosed funds. As the dust settles, the European Commission is tightening its tax disclosure laws.

The future of sustainable development. How do we change the economic incentives for a more just and equitable society?

Transparency, the Panama Papers and the Future of Sustainable Development

Of course it’s no surprise that the world’s most wealthy and powerful people use whatever means at their disposal to protect their wealth. On the other hand, the Panama Papers leak is a stark reminder of the need to align our values with our functioning global economy if there is any hope of achieving our higher aspirations.

World Resources Institute, Paul Reig, water scarcity, water stewardship, Campbell Soup Company, PepsiCo, India, Mars Inc., Leon Kaye, climate change

The Business Case for Science-Based Water Targets

A World Resources Institute analyst points out that while companies and governments have found consistency in how they approach carbon emissions and climate change, a standardized approach toward water stewardship is lacking.