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    insurance companies

    Rally to Stop Frack Gas Export

    Rio Grande LNG Expansion: a Lose-Lose Proposition

    The project jeopardizes the health and environment of frontline communities, threatens local economies and endangered wildlife, and exposes investors to financial and reputational risks.

    Ryan Leitner
    May 26, 2025

    In its 2024 fourth quarter update, NextDecade, a Houston-based liquefied natural gas company, announced its intention to more than double its export capacity at the Rio Grande LNG facility near Brownsville, Texas. Despite NextDecade’s sunny projections, community members and investors in the project’s owner, Global Infrastructure Partners, and its parent company, BlackRock, should be wary of risks associated with the LNG facility. The proposed expansion could further harm local communities, the region, and pose significant risks to investors.

    LNG is primarily composed of methane, a potent greenhouse gas with 80 times the atmospheric warming potential of carbon dioxide over a 20-year period. As originally proposed, this project was estimated to emit the equivalent emissions of 44 coal power plants every year, about 163 million tons of carbon dioxide annually. The newly announced expansion would be projected to emit over 300 million tons of carbon dioxide equivalent every year, or the equivalent of the emissions from 83 coal plants annually.

    Keep ReadingShow Less
    Opinion
    liquefied natural gas
    Dentist explaining x-ray to female patient at clinic

    Which Is Not Like the Other: Teeth or a Windshield?

    Happy Mother's Day 2025.

    Donna Smith
    May 11, 2025

    A pebble is kicked up from traffic in front of you, and a deep pit in the windshield causes a crack that must be fixed. No worries. You have car insurance, you think. The windshield repair team tells you that you have a $500 deductible and that the new windshield is $525. You are confused and angry about paying for car insurance for years, only to discover it is inadequate when you need it. You opt not to file a claim because that would likely raise your insurance rates yet again. It’s cash out-of-pocket for you.

    While waiting for the windshield replacement, you crack a tooth on a mint. No worries. You have dental insurance, you think. The dental office staff tells you that you have a 50% benefit for the tooth repair and that your portion of the dental care is $525. You are confused and angry about paying for dental insurance for years, only to discover it is inadequate when you need it. The dentists never take payments anymore (unless you find a financing company in advance to pay the dentist and bill you over many months). What choice do you really have? The tooth must be fixed. It’s cash out-of-pocket for you.

    Keep ReadingShow Less
    Opinion
    medicare for all
    Astros shake hands with Occidental Petroleum label on their uniform sleeves.

    American Baseball Teams Should Stop Helping Big Oil Sportswash the Climate Crisis

    More than half of all Major League Baseball teams are sponsored by companies that are exacerbating the climate emergency and the financial institutions that support them.

    Elliott Negin
    Apr 07, 2025

    Millions of Americans were buoyed by the return of Major League Baseball (MLB) this spring. For the 50% of adults who follow the sport, it can serve as a welcome distraction given the dire news coming out of Washington these days.

    But political reality can intrude even on the national pastime. It turns out that at least 17 of the 30 MLB teams are sponsored by companies that are exacerbating the climate crisis and the financial institutions that support them.

    Keep ReadingShow Less
    Opinion
    sportswashing

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