Auditors Say Feds Needlessly Wasted $43 Billion
According to a Washingon Examiner, taxpayers could save as much as $43 billion if officials running the biggest federal departments would do what their internal watchdogs recommended in 2014. That $43 billion would be about $27 returned for every dollar invested in the work of 14 of the 15 inspectors general overseeing White House cabinet-level departments. Together, the budgets of the 14 IGs amount to more than $1.6 billion, according to their semiannual reports to Congress. Read the full story.
The Myth of the Carbon Investment ‘Bubble’
According to the Wall Street Journal, there is no carbon investment bubble. In fact, Global integrated oil and gas companies since 2008 have traded at a 30% discount. This is bad news for people who have been heavily investing in fossil fuels companies. Read the full story.
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