Featured Stories
World Bank Group Funds 65% of Petrochemicals Projects Studied by New IEEFA and IAP Tracker
LAKEWOOD, Ohio, Aug. 19 (TNSbrep) -- The Institute for Energy Economics and Financial Analysis issued the following news release on Aug. 18, 2026:
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World Bank group funds 65% of petrochemicals projects studied by new IEEFA and IAP tracker
The interactive database tracks petrochemical investments by 16 multilateral development banks (MDBs); most of these investments are in Southwest Asia and Africa
Key Takeaways:
* The World Bank group is a key investor in the petrochemical industry, accounting for 65% of the total investment amount of USD10,042 million traced by the tracker
* Agrochemicals
... Show Full Article
LAKEWOOD, Ohio, Aug. 19 (TNSbrep) -- The Institute for Energy Economics and Financial Analysis issued the following news release on Aug. 18, 2026:
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World Bank group funds 65% of petrochemicals projects studied by new IEEFA and IAP tracker
The interactive database tracks petrochemical investments by 16 multilateral development banks (MDBs); most of these investments are in Southwest Asia and Africa
Key Takeaways:
* The World Bank group is a key investor in the petrochemical industry, accounting for 65% of the total investment amount of USD10,042 million traced by the tracker
* Agrochemicalscomprising fertilisers, ammonia, and urea expecting to receive USD861million of total approved projects, are the single-largest future recipients of petrochemical investments by MDBs
* These investments are concentrated in Southwest Asia and North Africa (SWANA) and Africa (sub-Saharan) regions
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The Institute of Energy Economics and Financial Analysis (IEEFA) and International Accountability Project (IAP) on Tuesday released the Global MDB Investment in Petrochemicals Tracker. The tracker is an interactive database that visualises petrochemical investments across different sectors within the industry from 16 multilateral development banks (MDBs). The database is built using details from the Early Warning System (EWS) hosted by the IAP. It tracks 92 projects covering a total investment amount of USD10,042 million.
A key finding emerging from the database is that the World Bank group cumulatively funds 65% of the petrochemical projects tracked. The International Finance Corporation (IFC), which is a member institution of the World Bank group, has a 35% share of the total investment amount in such projects. This is followed by the Multilateral Investment Guarantee Agency's (MIGA) 24% share. The World Bank itself has a 7% share.
Among other MDBs tracked, the European Investment Bank (EIB) share stands at 18%, the European Bank for Reconstruction and Development (EBRD) at 6%, and the Asian Development Bank (ADB) at 2%.
Expansion and greenfield projects have a combined share of 57%, and decarbonisation projects comprise 14% of the total investments. Research and Development (R&D) receives a 10% share, including for research on alternative and toxic-free polymers. The decarbonisation projects include integrating renewable energy into existing plants, construction of hydrogen production facilities, and developing strategies to reduce emissions from the petrochemical industry.
At USD3,232 million, agrochemicals comprising fertilisers, ammonia, and urea receive the highest funding from MDBs, amounting to 32%. Polymers and plastic-related projects and petrochemical infrastructure receive the second- and third-highest investment at USD3,027 million and USD2,000 million respectively. Further, polymers and plastics-related projects form 66% of active project investments, while fertilisers receive 64% of the approved project investments.
The Southwest Asia and North Africa (SWANA) region receives 39% of the total investments, Africa 22%, Europe 20%, and Asia (excluding West Asia) 12%. In the Americas, South and North America receive 3% of the investments each.
Oman in SWANA, Nigeria in Africa, Belgium and Germany in Europe, and India, followed by China, and Indonesia, in Asia are key recipient countries in each region. In the Americas, Mexico, and then Argentina, receive the largest investments in the petrochemical industry.
"Among the investments studied, while 40% are in the completed category, 38% are approved or proposed, and 16% active or ongoing. IEEFA's research over the past three years has pointed to oversupply in the industry, which is witnessing stressed profits. The petrochemical industry is also a proven hard-to-abate sector. Additionally, the current conflict in West Asia has underscored the vulnerabilities of the industry. In this context, MDBs' continued interest in petrochemicals is high-risk on both financial and climate fronts," says Swathi Seshadri, Energy Specialist, Petrochemicals, IEEFA South Asia.
"The Global MDB Petrochemical Tracker is a very important tool because it gives clear, standardised information on how MDBs are investing in the sector, which till now has been very hard to trace. This is an effective tool for policymakers, and it provides key stakeholders like researchers, advocates, and affected people the evidence needed to guide MDBs to fulfil their climate commitments," says Alessandro Ramazzotti, Researcher, IAP.
"MDBs are backsliding on their climate commitments while continuing to finance petrochemical projects. As these investments sidestep the scrutiny applied to financing carbon-intensive projects, the costs are borne by affected people and the climate. MDBs must hold petrochemical investments to the same standards and safeguards as any other project." says Vaishnavi Varadarajan, Program Coordinator - Asia Pacific, IAP.
You can access the tracker here: Global MDB Investment in Petrochemicals Tracker (https://ieefa.org/global-mdb-investments-petrochemicals-tracker)
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About IEEFA: The Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends, and policies. The Institute's mission is to accelerate the transition to a diverse, sustainable and profitable energy economy. (ieefa.org)
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Original text here: https://ieefa.org/articles/world-bank-group-funds-65-petrochemicals-projects-studied-new-ieefa-and-iap-tracker
[Category: Energy]
WildEarth Guardians: Killing the Roadless Rule Will Harm Wildlife, Water, and Old Growth Trees
SANTA FE, New Mexico, Aug. 19 -- WildEarth Guardians issued the following news release on Aug. 18, 2026:
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Killing the Roadless Rule will Harm Wildlife, Water, and Old Growth Trees
Decision ignores more than 95% of public comments supporting Roadless protections
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Today the Trump administration announced its intention to entirely remove Roadless Area Conservation Rule protections ("Roadless Rule") across 45 million acres of roadless National Forest lands. This decision will harm wildlife, water, and old growth forests, and make these lands available to commercial logging, mining, and oil
... Show Full Article
SANTA FE, New Mexico, Aug. 19 -- WildEarth Guardians issued the following news release on Aug. 18, 2026:
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Killing the Roadless Rule will Harm Wildlife, Water, and Old Growth Trees
Decision ignores more than 95% of public comments supporting Roadless protections
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Today the Trump administration announced its intention to entirely remove Roadless Area Conservation Rule protections ("Roadless Rule") across 45 million acres of roadless National Forest lands. This decision will harm wildlife, water, and old growth forests, and make these lands available to commercial logging, mining, and oiland gas drilling.
Roadless Areas represent some of the nation's last relatively untouched forested areas, found in 37 states. In 2001 the U.S. Forest Service enacted the Roadless Rule in response to strong public sentiment for protecting remaining roadless National Forest lands and the wildlife, clean water, mature and old growth forests, biological diversity, and recreational values they provide.
Though they make up just 2% of the land in the contiguous US, Roadless Areas contain habitat for 57% of our imperiled wildlife species, capture 57 million megagrams of carbon per year, and are a clean water source for 354 municipalities around the country.
The creation of the Roadless Area Conservation Rule in 2001 was one of the most important single acts of land protection in our nation's history. It has broad public support, with more than 95% of all public comments supporting keeping the Roadless Rule protected.
The move to repeal the Roadless Rule comes amid a slew of environmental rollbacks pursued by the Trump administration. Last March, the administration announced an "immediate expansion" of logging on federal public lands, including a 25% increase in logging on National Forests. While seeking this increase in National Forest logging, the administration has simultaneously curtailed the public's ability to comment on or even know about proposed logging projects. Now the administration wants to open Roadless Areas, some of the last wild places in the US, to bulldozers and chainsaws.
Data indicates that repealing the Roadless Rule will have significant impacts on wildlife.
"In western Montana and Wyoming, Roadless Areas protect over 4 million acres of 'connectivity pathways' for grizzly bears," said Adam Rissien, ReWilding Manager for WildEarth Guardians. "These pathways are crucial for linking isolated populations, which is essential for recovery and the long term survival of grizzly bears. Without the Roadless Rule protections, these islands of relatively secure habitat will disappear and with them some of the best habitat grizzly bears need to truly recover in the Northern Rockies."
In the Pacific Northwest, the Roadless Rule protects millions of acres of habitat, including habitat for species threatened with extinction like northern spotted owl, marbled murrelet, and salmon.
"Prior to the Roadless Rule, over 500,000 acres of Roadless Areas in western Oregon and Washington and northern California were managed primarily for timber production under the Northwest Forest Plan," said Ryan Talbott, Pacific Northwest Conservation Advocate for WildEarth Guardians. "If the rule is repealed, these forests, including old-growth forests, will again be prioritized for logging. That will be a huge blow to recovery efforts for these species."
"Americans across the political spectrum have made it crystal clear that they don't want political appointees removing protections from public lands," said Chris Krupp, Public Lands Attorney for WildEarth Guardians. "It would be a gross misreading of public sentiment to take the Roadless Rule away from Americans and our wildlife, and politicians do so at their jeopardy."
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Original text here: https://wildearthguardians.org/press-releases/killing-the-roadless-rule-will-harm-wildlife-water-and-old-growth-trees/
[Category: Environment]
EBC Dam Management Committee Announces New Ascending Professional Representative
BROOKLINE, Massachusetts, Aug. 19 -- The Environmental Business Council of New England issued the following news:
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EBC Dam Management Committee Announces New Ascending Professional Representative
The EBC Dam Management Committee is excited to announce that Rex Gamble, Water Resources Engineer and Project Manager with GZA GeoEnvironmental, Inc. has joined the Leadership Team as an Ascending Professional Representative. In this role, Rex will provide the Committee with insight into EBC's Ascending Professionals community and Committee, as well as thought leadership on the Dam Management industry.
Please
... Show Full Article
BROOKLINE, Massachusetts, Aug. 19 -- The Environmental Business Council of New England issued the following news:
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EBC Dam Management Committee Announces New Ascending Professional Representative
The EBC Dam Management Committee is excited to announce that Rex Gamble, Water Resources Engineer and Project Manager with GZA GeoEnvironmental, Inc. has joined the Leadership Team as an Ascending Professional Representative. In this role, Rex will provide the Committee with insight into EBC's Ascending Professionals community and Committee, as well as thought leadership on the Dam Management industry.
Pleasejoin EBC in welcoming Rex to the Committee! Please see below for more information.
Rex Gamble, Water Resources Engineer, GZA GeoEnvironmental, Inc., 249 Vanderbilt Avenue, Norwood, MA 02062, 781-278-3836 | rex.gamble@gza.com
Rex's Bio:
Rex Gamble is a Water Resources Engineer and Project Manager at GZA GeoEnvironmental, Inc. He joined GZA in June 2021 with a master's degree in biological systems engineering specializing in stream restoration. The majority of his work at GZA consists of hydrologic and hydraulic numerical modeling for dam safety, dam removal, and stream restoration projects. Mr. Gamble has been the staff engineer and/or project manager on numerous dam rehabilitation and removal projects throughout New England, the Mid Atlantic, and the Midwest with his portfolio ranging from small, unnamed streams to iconic systems like the Charles River.
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Original text here: https://ebcne.org/news/ebc-dam-management-committee-announces-new-ascending-professional-representative-3/
[Category: Environment]
Club for Growth PAC Endorses Blake Miguez in LA-06
WASHINGTON, Aug. 19 -- Club for Growth PAC, an advocacy organization, issued the following news release:
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Club for Growth PAC Endorses Blake Miguez in LA-06
Washington, D.C. - Club for Growth PAC endorses Louisiana State Senator Blake Miguez in Louisiana's 6th Congressional district. Miguez, a member of the Club for Growth Foundation's 2025 Fellowship class, was previously endorsed by Club for Growth PAC for Louisiana's 5th District prior to recent redistricting.
"Blake Miguez is a conservative champion who has dedicated his career to cutting taxes, slashing spending, and promoting school
... Show Full Article
WASHINGTON, Aug. 19 -- Club for Growth PAC, an advocacy organization, issued the following news release:
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Club for Growth PAC Endorses Blake Miguez in LA-06
Washington, D.C. - Club for Growth PAC endorses Louisiana State Senator Blake Miguez in Louisiana's 6th Congressional district. Miguez, a member of the Club for Growth Foundation's 2025 Fellowship class, was previously endorsed by Club for Growth PAC for Louisiana's 5th District prior to recent redistricting.
"Blake Miguez is a conservative champion who has dedicated his career to cutting taxes, slashing spending, and promoting schoolfreedom for Louisianans across the state," said Club for Growth PAC President David McIntosh. "Regardless of the district, Miguez will continue to fight for Louisianans and be a voice of reason on Capitol Hill. Club for Growth is proud to support his candidacy."
Club for Growth PAC is affiliated with Club for Growth Action, the nation's largest conservative Super PAC. In 2024, Club for Growth PAC endorsed candidates won 79% of their elections.
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Original text here: https://www.clubforgrowth.org/club-for-growth-pac-endorses-blake-miguez-in-la-06/
[Category: Political]
California's Landmark Tire Efficiency Standards Will Reduce Pollution
WASHINGTON, Aug. 19 -- The California Public Interest Research Group Education Fund posted the following news release on Aug. 17, 2026:
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California's landmark tire efficiency standards will reduce pollution
Consumer, environmental, and health advocates celebrated the California Energy Commission's adoption today of first-in-the-nation efficiency standards for replacement tires. The standards will save drivers about $180 in gasoline costs over the lifetime of a set of replacement tires by ensuring they are as efficient as those found on new cars. They will reduce nitrogen oxides and particulate
... Show Full Article
WASHINGTON, Aug. 19 -- The California Public Interest Research Group Education Fund posted the following news release on Aug. 17, 2026:
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California's landmark tire efficiency standards will reduce pollution
Consumer, environmental, and health advocates celebrated the California Energy Commission's adoption today of first-in-the-nation efficiency standards for replacement tires. The standards will save drivers about $180 in gasoline costs over the lifetime of a set of replacement tires by ensuring they are as efficient as those found on new cars. They will reduce nitrogen oxides and particulatematter pollution and cut annual greenhouse gas emissions by an amount equivalent to those from 400,000 gasoline cars, the Commission found.
The standards--required by a 2003 state law--do not impact the longevity of tires and include a wet grip standard that will remove the least-safe tires from the market. The standards will take effect in two stages, in 2029 and 2033.
Jenn Engstrom, CALPIRG Education Fund State Director, and Dan Jacobson, Environment California senior advisor, made the following statements
"These new standards are a step toward cleaner air in California," said Jenn Engstrom, state director of CALPIRG Education Fund. "Cars with more efficient tires burn less fuel. That curbs greenhouse gas emissions and harmful air pollutants that adversely impact public health every year. I applaud the Energy Commission for helping Californians breathe a little easier."
"Implementing rigorous efficiency standards for replacement tires delivers a win-win for California," said Dan Jacobson, senior advisor for Environment California Research and Policy Center. "It offers consumers real financial savings while cutting greenhouse gas emissions and dangerous air pollution. While the CEC and the Governor's office deserve praise for taking action today, swift implementation is essential."
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Original text here: https://pirg.org/media-center/californias-landmark-tire-efficiency-standards-will-reduce-pollution/
[Category: Political]
CAIR, CAIR-FL Join 102 Rights Groups to Call on Sec. Rubio to Secure Release of US Citizen Sama Safi From Israeli Detention
WASHINGTON, Aug. 19 -- The Council on American-Islamic Relations posted the following news release on Aug. 18, 2026:
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CAIR, CAIR-FL Join 102 Rights Groups to Call on Sec. Rubio to Secure Release of US Citizen Sama Safi from Israeli Detention
The Council on American-Islamic Relations (CAIR) and its Florida chapter (CAIR-FL), today joined 102 rights groups to call on Secretary of State Marco Rubio to secure the release of Sama Safi, a U.S. citizen who has been illegally held in Israeli detention since June.
More than 100 faith-based and civil society groups are calling on US Secretary of
... Show Full Article
WASHINGTON, Aug. 19 -- The Council on American-Islamic Relations posted the following news release on Aug. 18, 2026:
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CAIR, CAIR-FL Join 102 Rights Groups to Call on Sec. Rubio to Secure Release of US Citizen Sama Safi from Israeli Detention
The Council on American-Islamic Relations (CAIR) and its Florida chapter (CAIR-FL), today joined 102 rights groups to call on Secretary of State Marco Rubio to secure the release of Sama Safi, a U.S. citizen who has been illegally held in Israeli detention since June.
More than 100 faith-based and civil society groups are calling on US Secretary ofState Marco Rubio to fulfill one of his department's top obligations--protecting the security of US citizens abroad--by securing the "immediate release" of 20-year-old Sama Safi, an American psychology student who was violently detained by armed Israeli soldiers in the West Bank 77 days ago and has been held in a military prison ever since. Sama Safi is 20 years old and has family in Tampa.
READ THE LETTER (https://www.cair.com/wp-content/uploads/2026/08/Sama-Coalition-Letter-8-17-26.pdf)
In a statement, CAIR and its Florida chapter (CAIR-Florida) said:
"An American citizen was illegally abducted and detained by a foreign military. She has been subjected to abject conditions in the prisons of a foreign country. Every American lawmaker and official should be up in arms over this blatant crime. We call on Secretary Rubio to secure Sama Safi's immediate release from Israeli detention and hold the Israeli government to account."
SEE: Sana Safi, a Palestinian-American with ties to Tampa is still detained by Israel - WMNF 88.5 FM (https://www.wmnf.org/sana-safi-palestinian-american-tampa-detained-israel-wmnf/)
Trump Votes By Mail Despite Bashing The Practice, Dems Demand Answers About Fatal ICE Shooting: Latest Updates | HuffPost Latest News (https://www.huffpost.com/entry/live-updates_n_6a82f837e4b0ddd9c1b297ae/liveblog_6a8479fee4b0b3bc96f866bd)
102 Rights Groups Call on Rubio to Secure Release of US Citizen Sama Safi, Imprisoned in Israel Since June | Common Dreams (https://www.commondreams.org/news/israel-us-student)
CAIR and CAIR-Florida previously called on Americans to immediately urge their members of Congress to demand the release of Sama Safi.
SEE: ACT NOW: MSG Congress: Sama Safi faces an Israeli military court hearing on Monday, July 27 (https://www.cair.com/action_alerts/act-now-msg-congress-sama-safi-faces-an-israeli-military-court-hearing-on-monday-july-27/)
CAIR and CAIR-Florida also commended U.S. Senator Chris Van Hollen (D-MD) for his strong stance demanding the immediate release of Sama Safi.
SEE: CAIR, CAIR-FL Commend Sen. Van Hollen for Demanding Release of US Citizen Kidnapped by IDF in West Bank (https://www.cair.com/press_releases/cair-cair-fl-commend-sen-van-hollen-for-demanding-release-of-us-citizen-kidnapped-by-idf-in-west-bank/)
CAIR-California previously welcomed a statement from Representative Derek Tran (D-CA) calling for the release of Sama Safi.
SEE: CAIR-CA Welcomes Rep. Derek Tran's Call for Release of American Woman Kidnapped by Israel (https://www.cair.com/press_releases/cair-ca-welcomes-rep-derek-trans-call-for-release-of-american-woman-kidnapped-by-israel/)
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Original text here: https://www.cair.com/press_releases/cair-cair-fl-join-102-rights-groups-to-call-on-sec-rubio-to-secure-release-of-us-citizen-sama-safi-from-israeli-detention/
[Category: Sociological]
Americans for Tax Reform Issues Commentary: North Carolina Enacts Another Reform Easing Regulatory Impediments to Housing Development
WASHINGTON, Aug. 19 -- Americans for Tax Reform posted the following commentary on Aug. 18, 2026, by Kiran Subramanian:
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North Carolina Enacts Another Reform Easing Regulatory Impediments to Housing Development
North Carolina is doing a lot winning lately when it comes to removing regulatory barriers to the development of new housing. On August 11th, Governor Josh Stein signed Senate Bill 445 into law, the second reform enacted this summer that will help alleviate housing costs in North Carolina, one of the nation's fastest growing states. This regulatory package, introduced by Senator
... Show Full Article
WASHINGTON, Aug. 19 -- Americans for Tax Reform posted the following commentary on Aug. 18, 2026, by Kiran Subramanian:
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North Carolina Enacts Another Reform Easing Regulatory Impediments to Housing Development
North Carolina is doing a lot winning lately when it comes to removing regulatory barriers to the development of new housing. On August 11th, Governor Josh Stein signed Senate Bill 445 into law, the second reform enacted this summer that will help alleviate housing costs in North Carolina, one of the nation's fastest growing states. This regulatory package, introduced by SenatorSteve Jarvis, will cut burdensome red tape and expand opportunities to build new kinds of housing.
Eliminating Chassis Requirements
SB 445 reduces regulations on manufactured homes, making them more affordable to build and lowering costs for home buyers. For example, SB 445 repeals the state requirement that manufactured homes have a permanent steel chassis, a metal frame that enables easier transportation. It is estimated that the elimination of these requirements could reduce the cost of manufactured homes by up to $10,000, with the savings flowing through to consumers.
Expanding Accessory Dwelling Units
SB 445 also reduces government barriers to the construction of guest houses, carriage houses, and in-law suite, which are commonly referred to as accessory dwelling units (ADUs). Unfortunately, local governments are captured by "Not in my Backyard" (NIMBY) activists who stymy the construction of ADU on other people's property. SB 445 requires local government to issue ADU permits in cities in towns with more than 50,000 residents. Under SB 445, local governments will no longer be able to prevent the construction of ADUs by imposing minimum lot requirements, charging excessive fees, and/or blocking ADUs' access to utility services.
Establishing a Residential Right of Use
SB 445 also helps expand the supply of housing by setting up its residential right-of-use provision. This prevents local governments from blocking conversion of commercial properties to residential use through special discretionary approvals or mandated public hearings. This reform was enacted in Texas, where it facilitated in the creation of 8,400 new units. Additionally, SB 445 preempts local height restrictions of less than 60 feet. Analysis after analysis demonstrates that height limits increase apartment prices and have a large negative effect on housing affordability, especially in more land-expensive places. By encouraging more efficient land use that is unencumbered by onerous and outdated regulations, North Carolina will be able to build more housing, keeping the state affordable.
Protecting Vested Rights
In property law, vested rights allow developers to proceed with an approved project even if the city passes new rules. SB 445 extends the length of these rights from two years to five years. Local governments can also choose to extend these rights for up to eight years when the circumstances change. Developers want certainty and stability, knowing that their approved plan will not be derailed by local government meddling. With their property rights secured and stable, developers can continue their projects and more will choose to operate in the state. The impact is that North Carolina will be able to build more necessary housing.
North Carolina needs housing. The Tar Heel state currently has a 764,000 unit housing gap, fueled by housing not meeting the growing demand. If these are not addressed, costs will rise, and the population boom North Carolina is experiencing will fade as potential North Carolinians plant their roots elsewhere. Meeting the demand will take cutting red tape in the housing market, which Senate Bill 445 does. By securing property rights, reducing burdensome red tape, and blocking chokepoints in development, North Carolina has positioned itself to sustain the growing demand.
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Original text here: https://atr.org/north-carolina-enacts-another-reform-easing-regulatory-impediments-to-housing-development/
[Category: Political]