The world's major economies will need to yank the handbrake on emissions if they are to meet their climate goals, a new report warns.
The long list of executive orders signed by President Biden represent a significant shift in policy from his predecessor—and a recognition it has little time to waste.
Although supply-side dynamics have hogged the spotlight recently, world oil demand this year is expected to average over 100 Mbd—a symbolic benchmark that is more than 13 Mbd higher than it was a decade earlier.
For global oil markets, violent attacks by Islamic extremists prompt questions about vulnerability of economic growth, fluctuating geopolitical dynamics, and the future of supply in unstable regions.
Paris's one-day ban on cars looks like an empty gesture, but it complements a number of realistic solutions to the city's growing smog and congestion problems.