earthquakes

Earthquakes and blowouts undermine case for carbon storage in Texas By Reuters

Stocks

By Valerie Volcovici and Leah Douglas (Reuters) – Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change. But pumping CO2 into the ground could exacerbate earthquakes and well blowouts already…

New York City earthquakes are unusual, but not unheard of

Finance

New York City.joSon/Getty ImagesNew York City experienced an earthquake with an estimated magnitude of 4.8 on Friday.Eighteen quakes with 2.4-or-greater magnitude have occurred in or around NYC since 1737, records show.The last major earthquake felt in NYC was a 5.9-magnitude quake that hit Virginia in 2011.On Friday, residents across New…