Fresh out of law school in 2022, Rachel Rothschild wrote a memo proposing a strategy for states to make oil and gas companies pay for climate change-related damages, leading to the passage of “climate superfund” laws in New York and Vermont. Her work drew opposition from a conservative group linked to the fossil fuel industry and the Trump administration, resulting in a lawsuit against her university and attempts to discredit her. The fossil fuel industry, led by executives from oil and gas companies, is fighting back against these laws, which aim to hold companies accountable for climate pollution through lawsuits and state legislation.
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The Most Compelling Reason to Buy Amazon Stock Right Now
Investing $10,000 in Amazon at its 1997 IPO would have yielded $19.3 million today, highlighting its potential for significant long-term gains. Currently, Amazon's stock is attractively valued, being over 20% below its peak, with a low price-to-earnings ratio and rapidly increasing profitability, evidenced by an 89% earnings surge in Q4 2024. The most compelling reason to invest now is Amazon's dominant position in e-commerce, cloud services, and AI, with CEO Andy Jassy emphasizing the company's...
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