Economy & Business

"The world’s most vulnerable countries are preparing to take on the richest economies with a demand for urgent finance – potentially including new taxes on fossil fuels or flying – for the irrecoverable losses they are suffering from the climate crisis, leaked documents show."

"The Democrats’ permitting overhaul plans hangs in the balance this week as lawmakers inch toward the Sept. 30 deadline to pass a government funding bill to prevent a shutdown."

"Congressional Democrats presented fresh evidence Thursday which they say proves that oil companies are continuing to mislead the public on climate change and undercut global efforts to reduce greenhouse gas emissions."

"A half century after founding the outdoor apparel maker Patagonia, Yvon Chouinard, the eccentric rock climber who became a reluctant billionaire with his unconventional spin on capitalism, has given the company away.

"President Biden extolled the potential of electric vehicles to boost the economy and reduce America’s contribution to climate change, and sought to ease worries about the reliability of EV technology, during a speech at the Detroit Auto Show on Wednesday."

"Switching from fossil fuels to renewable energy could save the world as much as $12tn (£10.2tn) by 2050, an Oxford University study says."

"The White House has pledged $60 billion to a cause Robert Bullard has championed since the late seventies. He wants guarantees that the money will end up in the right hands."

"The electricity industry knew about the dangers of climate change 40 years ago. It denied them anyway."

"Energy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday."