Economy & Business

"Two dozen federal agencies flagged the biggest dangers posed by a warming planet. The list spreads across American society."

"Carbon offsets are allowing the world's biggest polluters to forge ahead with business plans that are threatening global climate goals, the head of Greenpeace International said in an interview."

"The IMF found the production and burning of coal, oil and gas was subsidised by $5.9tn in 2020, with not a single country pricing all its fuels sufficiently to reflect their full supply and environmental costs. Experts said the subsidies were “adding fuel to the fire” of the climate crisis, at a time when rapid reductions in carbon emissions were urgently needed."

"A push for a Europe-wide ban on advertising and sponsorship by fossil fuel companies is the boldest salvo yet in a campaign by environmentalists who accuse oil firms of "greenwashing" and a history of undermining climate change science."

"Bangladesh is one of the world's largest exporters of labour, but thousands have been left without work as the pandemic slows economies around the world".

"Much of the world is suddenly worried about running short of natural gas, and the impact is being felt in surging utility bills, shuttered factories and a rising desperation as winter approaches."

"The natural gas industry was losing in cities across the US. Then came an obscure partisan tactic called preemption."

"Agriculture Secretary Tom Vilsack said today he’ll use billions of dollars from a Depression-era agency to pay for a carbon-saving program for farms, and to help farmers prepare for drought and adverse weather associated with climate change."

"The Interior Department on Tuesday withdrew a Trump-era rule that was expected to make it cheaper for industry to drill on federally owned lands and in public waters."