ArkeaBio, a Boston developer of a vaccine to reduce livestock methane emissions, raised $26.5 million in venture capital funding led by an investment fund founded by Bill Gates.
Why it matters: Caring about cow farts (or burps) has become a political punchline, but they're estimated to create more than 5% of global greenhouse gasses.
Why it matters: In certain states — particularly Florida, California and Louisiana — private insurers are fleeing areas considered at high risk. It's leaving so-called "residual," or last resort plans, to pick up the tab.
More than 500 tornadoes have been spotted in the U.S. since April, according to preliminary reports from the National Weather Service's Storm Prediction Center.
State of play: The 2024 tornado season is charting a path to become among the most prolific of recent years, per the NWS. It's still behind 2019, which recorded more than 800 in April and all of May.
Former President Trump and the oil industry are sketching out audacious plans to begin dismantling President Biden's fossil fuel regulations on Jan. 20, 2025:
At Mar-a-Lago last month, Trump asked some of the industry's top executives to help raise $1 billion for his campaign as he outlined his pro-drilling agenda for a second term, the Washington Post first reported.
Separately, oil industry officials have begun drafting the text of oven-ready executive orders to start reversing the Biden administration's green policies on day one of Trump's presidency, according to Politico.