It is raining PFAS- POLITICO

TURF WARS — PFAS is p-freaking everybody out. Corporations are advertising their merchandise as freed from the compounds referred to as without end chemical substances, a few of which have been linked to most cancers and different well being issues.

The town of Portsmouth, N.H., is dealing with an uproar after it agreed to pay $3.5 million for a synthetic turf subject that the producer touted as freed from per-and polyfluoroalkyl substances.

Subsequent testing by town discovered 135 elements per trillion of PFOS (a sort of PFAS). Residents need to sue the producer, FieldTurf, and town’s contractor, which is arguing that the contract solely specified that the chemical substances be undetectable by a specific EPA-approved testing technique.

Cities and college districts across the nation are weighing the prices and advantages of synthetic turf. In Sharon, Mass., which voted to place a three-year moratorium on synthetic turf, residents have been experimenting with elevated upkeep of pure grass fields.

“The thought is to reveal that pure grass may be serviceable,” stated Paul Lauenstein, an area advocate who works on water points. “We don’t have to purchase a million-dollar subject with 40 tons of plastic.”

Learn extra from E.A. Crunden and Ariel Wittenberg of POLITICO’s E&E Information.

…And chaser: Researchers have discovered PFOA (one other kind of PFAS) in Antarctica and Tibet in increased concentrations than EPA’s really useful ingesting water limits.

“Primarily based on the most recent US tips for PFOA in ingesting water, rainwater in every single place could be judged unsafe to drink,” chemist Ian Cousins of Stockholm College, who led the examine, informed Chemical & Engineering Information.

SINEMA’S ON BOARD — Senate Democrats cleared an enormous hurdle Thursday night time by securing Sen. Kyrsten Sinema’s (D-Ariz.) approval of their signature local weather, tax and well being care proposal.

Sinema needs a brand new 1 p.c excise tax on inventory buybacks that may herald $73 billion. On the spending facet, she’s secured the continuation of a loophole for taxation of sure funding revenue, about $40 billion in company tax breaks, and roughly $5 billion for drought resiliency.

All informed, the settlement with Sinema is predicted to extend the invoice’s authentic $300 billion deficit discount determine. They’re set to maneuver ahead with it on Saturday. Learn extra from POLITICO’s Burgess Everett and Marianne LeVine right here.

‘EFFECTIVE ALTRUISM’ — Washington’s latest political mega-donor is a 30-year-old crypto king who drives a hybrid Toyota Corolla. And he’s deeply influenced by efficient altruism, a philosophical and social motion that’s outlined by maximizing good via a data-driven framework — an uncommon lens for participating with politics.

Philanthropically, it means testing and measuring efforts via a cost-per-life-saved formulation. For instance, an experiment confirmed investing in treating youngsters for intestinal worms did extra to enhance their academic outcomes than giving faculties further assets for textbooks. Elena Schneider interviews Sam Bankman-Fried.

WITHDRAWAL PAINS — California needs to give up fossil fuels, however confronted with a fragile electrical grid and the prospect of summertime blackouts, the state has agreed to place apart tons of of thousands and thousands of {dollars} to purchase energy from fossil gas vegetation which are scheduled to close down as quickly as subsequent 12 months. Naturally, there’s been a backlash. Lara Korte tells the story.

AN ABBOTT WHISTLEBLOWER — A former supervisor on the Abbott Vitamin child formulation plant linked to toddler deaths earlier this 12 months has stepped ahead to explain a facility with a leaking roof, lax meals security and recordkeeping, and a tradition of concern, elevating new questions on why such issues have been allowed to proceed and why the FDA didn’t uncover them earlier. Helena Bottemiller Evich has extra.

THE FED’S GLOBAL REACH — The Federal Reserve’s efforts to battle inflation threaten to ship the U.S. economic system right into a recession. In addition they might spark a collection of financial crises in creating international locations.

As caretaker of the world’s reserve forex, the Fed has huge affect on international monetary markets, that are rising extra tightly built-in. As increased charges push up the worth of the U.S. greenback, debt held in {dollars} anyplace on the earth turns into costlier to repay.

Fed charge hikes can also incentivize traders to tug cash out of rising markets to hunt higher returns within the U.S., with destabilizing results.

That’s what appears to be taking place. Knowledge launched Wednesday confirmed that rising markets suffered a record-breaking fifth consecutive month of traders pulling their cash out.

The numbers, compiled month-to-month by the Institute of Worldwide Finance, a commerce group for the worldwide monetary providers {industry}, present that the capital flight — totaling $39.3 billion since March — is reaching the extent of the taper-tantrum disaster in 2013, when a Fed pull-back prompted monetary panic in some rising markets. Try the attention-grabbing learn from Adam Behsudi.

MURKY STANDARDS — The Worldwide Sustainability Requirements Board, which is creating requirements for delivering environmental, social and governance info to traders and the general public, has revealed draft guidelines that decision on corporations to reveal their scope 3 emissions.

Because the ISSB goals to finalize its voluntary requirements by the tip of the 12 months, corporations, asset managers and others say they’re involved with a scarcity of definitions, variations between industries, and a scarcity of readability over carbon credit and different topics.

California Public Staff’ Retirement System writes that the local weather disclosure rule is “silent on what occurs when there may be disagreement” between industry-based and cross-industry metrics, and the Group for Cooperation and Financial Improvement needs the rule to raised outline “important” sustainability dangers and alternatives.

The Vanguard Group Inc. stated the draft sustainability disclosure would possibly place “an undue burden” on corporations in the event that they’re required to report all classes of scope 3.

Madison West is now senior director of worldwide company accountability at Intel. She most just lately was VP for ESG at authorities contractor Maximus.

Steve Glickman is now the president of Aspiration International, the worldwide arm of Aspiration, a B-corporation that works with corporations and governments to assist them scale back their carbon footprints via reforestation applications. He co-founded the Financial Innovation Group and is an Obama White Home and Commerce alum. — Daniel Lippman 

Glad Friday! Staff Sustainability is editor Greg Mott, deputy editor Debra Kahn, and reporters Lorraine Woellert and Jordan Wolman. Attain us at [email protected], [email protected], [email protected] and [email protected].

Need extra? You possibly can have it. Join the Lengthy Sport. 4 days every week and nonetheless free. That’s sustainability!

— Home Speaker Nancy Pelosi’s (D-Calif.) journey to Taiwan has China saying it is pulling out of talks over protection coverage coordination, army maritime security, returning unlawful immigrants, felony issues, transnational crime, unlawful medicine and local weather change.

— Regardless of the rise of the resale economic system, there’s nonetheless actually no good method to get rid of outdated clothes, the Atlantic finds.

— Identical for the wine {industry} — makes an attempt to create a round economic system for wine bottles are falling prey to logistical points, the NYT’s wine critic writes.

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