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California to veto ‘Trump insurance’ bill

Bloomberg California Governor Gavin Newsom plans to veto a bill approved by the Democrat-controlled legislature that sought to preserve federal environmental and worker safety standards in the face of any Trump administration rollbacks. Under SB 1, if federal officials weaken certain regulations in effect the day before Donald Trump took office, the state’s agencies would have to maintain the protections ...

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California hit with biggest wildfire, NASA warns on climate

Bloomberg California’s biggest wildfire of the year has already burned more than 50,000 acres of timber and grass as NASA scientists say climate change is making such blazes more likely and harder to stop. It’s a sobering scenario for the US state with the highest wildfire risk, where land damaged or destroyed by fire has expanded fivefold over the last ...

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S Africa revives plan to take free stake in new energy projects

Bloomberg South Africa’s government is drafting a new law that aims at securing it a free stake in all new oil and gas ventures, revising the terms of a proposal shelved four years ago. Under the legislation, which the Department of Mineral Resources and Energy outlined to lawmakers in Cape Town, the state would secure 10% ownership of energy projects ...

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