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Morningstar DBRS on Thursday downgraded NYCB’s credit rating as a outcome of “outsized” exposure to CRE, which the lender has pledged to reduce back in the coming months. She beforehand served as deputy sustainability editor, California bureau chief and California setting and transportation reporter, where she covered climate, water, air air pollution, electrical autos, gasoline economic system, high-speed rail and wildfires. She came to POLITICO in 2019 after 13 years at E&E News, 10 of those in California. California is counting on offshore wind to ship sufficient energy to energy 25 million homes by 2045, with intermediate targets as early …

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