House Democrats on Wednesday passed a $1.5 trillion green infrastructure plan that would surge funding to repair the nation’s crumbling roads and bridges while setting aside funds for broadband, schools Continue Reading
German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source , backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticize as Continue Reading
Wildfires that have raged in the Arctic Circle since early spring led to a record spike in pollution from the infernos last month. Arctic fires emitted 16.3 million metric tons Continue Reading
Alexander Deyev can still taste the smoke from last year’s wildfires that blanketed the towns near his home in southeastern Siberia, and he is dreading their return. “It just felt Continue Reading
Crude oil futures were lower in midmorning trading in Asia July 3, after hitting a four-month high overnight on better-than-expected US labor market data, as concerns over rising COVID-19 cases Continue Reading
Oil closed at its highest level in almost four months before the U.S. holiday weekend, cheered by signs the world’s biggest economy is recovering from coronavirus-related lockdowns, even as fears Continue Reading
Billions of people spent the last few months in a lockdown of some form or another with travel bans or severe restrictions in place. Some warn that this will be Continue Reading
Crude oil prices are unlikely to return to three-digit levels ever again, Citigroup commodity analysts said in a note, as quoted by Bloomberg. The idea of oil at $100 or Continue Reading
Goldman Sachs’ commodity analysts remain guarded about oil’s potential to rise over the near term, but in 2021, prices may start to improve, commodity chief Jeffrey Currie told Bloomberg’s Alix Continue Reading
Analysts at Goldman Sachs expect global oil demand to return to pre-pandemic levels by 2022, citing a pick-up in commuting, a shift to private transportation and higher infrastructure spending. In Continue Reading
