Cathy Bussewitz

Stay informed with Cathy Bussewitz’s coverage and analysis for Fortune.

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  • Josh London, senior vice president at Glenwood Management Corp., peers into the port hole of a natural gas fired boiler, located in the basement of The Grand Tier luxury apartment building, that his company uses to produce liquid carbon dioxide, Tuesday, April 18, 2023, in New York. New York is forcing buildings to clean up, and several are experimenting with capturing the carbon dioxide, cooling it into a liquid and mixing it into concrete where it turns into a mineral. (AP Photo/John Minchillo)Environment

    NYC skyscrapers are installing carbon capture systems to avoid climate change fines under new city law

    By Cathy Bussewitz and The Associated Press
  • Customers in line outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry’s money machine. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    Federal Reserve promises a ‘careful and thorough’ review of how it supervised failed Silicon Valley Bank: ‘We need to have humility’

    By Ken Sweet, Christopher Rugaber, and others
  • Joe BidenFinance

    Biden says financial system is safe but all seized banks’ management should get sacked and tougher rules are needed

    By Ken Sweet, Christopher Rugaber, and others
  • Signature BankFinance

    Government takes extraordinary steps to ward off banking crisis as 3rd-largest bank failure quickly follows SVB implosion

    By Ken Sweet, Christopher Rugaber, and others
  • An American Airlines plane lands at Logan International Airport, Thursday, Jan. 26, 2023, in Boston. Communities around the world emitted more carbon dioxide than any other year on record in 2022 as air travel rebounded from the pandemic and cities turned to coal to provide a cheap source of power. (AP Photo/Michael Dwyer)Environment

    CO2 emissions hit an all-time record in 2022 as air travel rebounds post-COVID

    By Cathy Bussewitz and The Associated Press
  • Signage with fuel prices at a Exxon Mobil gas station in Berkeley, California, U.S., on Wednesday, March 9, 2022. The average price of gasoline in the U.S. jumped above $4 a gallon for the first time since 2008 in a clear sign of the energy inflation thats hurt consumers since Russia invaded Ukraine. Photographer: David Paul Morris/Bloomberg via Getty ImagesEnvironment

    Exxon Mobil’s record $55.7 billion profit last year fuels criticism that it cashed in on war and sky-high gasoline prices

    By Cathy Bussewitz and The Associated Press
  • Exxon plantEnvironment

    Exxon scientists knew almost exactly how bad climate change would be back in the 1970s while saying the opposite publicly, study finds

    By Seth Borenstein, Cathy Bussewitz, and others
  • FILE – Cars blur past a gas station sign displaying the price of regular unleaded gasoline Tuesday, Dec. 13, 2022, in Benton, Mo. Drivers in the U.S. and Europe are getting a break from the record-high pump prices they endured over the summer. But that price tag is still difficult for many customers who have been enduring relentless inflation and were used to lower prices. (AP Photo/Charlie Riedel)Finance

    Relentless inflation means drivers are still stressed about gas even as prices fall

    By Cathy Bussewitz, David McHugh, and others
  • Sam Bankman-FriedCompanies

    FTX says there was ‘unauthorized access’ to its accounts after bankruptcy. Analysts suspect an inside job

    By Cathy Bussewitz and The Associated Press
  • A woman points at tanks she says are leaking methane.Environment

    ‘Mostly it’s infuriating’: Equipment designed to cut methane emission is failing to do its job, advocates say

    By Cathy Bussewitz and The Associated Press
  • Sharon Wilson points a thermal imaging camera towards a compressor station in Arlington, Texas, Tuesday, Oct. 18, 2022. Wilson, a field advocate for Earthworks, which promotes alternatives to fossil fuels, uses the camera to detect methane leaks at oil and gas facilities. (AP Photo/LM Otero)Environment

    The Inflation Reduction Act includes $1.6 billion for equipment to stop methane leaks. Problem is, it often doesn’t work

    By Cathy Bussewitz and The Associated Press
  • U.S. President Joe Biden, right, puts his hand on the shoulder of German Chancellor Olaf Scholz as he arrives for a round table meeting at an EU summit in Brussels, Thursday, March 24, 2022. As the war in Ukraine grinds into a second month, President Joe Biden and Western allies are gathering to chart a path to ramp up pressure on Russian President Vladimir Putin while tending to the economic and security fallout that’s spreading across Europe and the world. (AP Photo/Olivier Matthys)

    The problem with Joe Biden’s promise to send Europe much more natural gas to wean it off Russian fuel

    By Chris Megerian, Cathy Bussewitz, and others
  • Motorists line up for fuel at one of the few remaining gas stations that still has fuel in Arlington, Virgina, on May 13, 2021. – The Colonial Pipeline network shut down by a cyber attack said t has resumed fuel deliveries, but gas stations up and down the east coast were still facing shortages after a wave of panic buying. Frantic motorists from Florida to Maryland continued to line up at gas stations trying to fill their tanks and other containers, sending the national average price above $3 a gallon for the first time since late 2014 despite government efforts to ease the supply crunch. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

    Ransom paid, fuel is flowing—but the Colonial Pipeline mess will linger

    By Cathy Bussewitz, Eric Tucker, and others
  • An American flag and a company flag fly at Colonial Pipeline Co. facility in the Port of Baltimore in Baltimore, Maryland, U.S., on Tuesday, May 11, 2021. Fuel shortages are expanding across several U.S. states in the East Coast and South as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack. Photographer: Samuel Corum/Bloomberg via Getty Images

    Colonial Pipeline is getting back on track, but panic buying leads to chaos at the pump

    By Cathy Bussewitz, Jeff Amy, and others
  • Uber CEO Dara Khosrowshahi apologizes for saying the murder of journalist Jamal Khashoggi by Saudis was a “mistake.” Saudi Arabia’s sovereign wealth fund is Uber’s fifth largest stakeholder.Politics

    Uber CEO Under Fire for Downplaying Journalist Jamal Khashoggi’s Murder by Saudis

    By Cathy Bussewitz and The Associated Press