President Biden pushed climate action after four years in which Donald Trump rejected cooperation with allies. But leaders failed to set an expiration date for burning coal.
Tag: International Energy Agency
Coal Is Set to Roar Back, and So Are Its Climate Risks
To slow down climate change, new coal projects need to end. A global forecast this week shows demand rising sharply.
As Energy Prices Tumble, Developing Countries Trim Subsidies
Trying to cut spending as the pandemic reduces tax revenue, governments are finding it easier to lift restraints on what consumers pay for fuel.
Oil Prices Crash, Virus Hits, Commerce Stops: Iraq Is in Trouble.
Iraq depends on oil revenues, which have plummeted. The country is so desperate it is asking for donations to help it weather the pandemic.
U.S. Risks Roiling Oil Markets in Trying to Tighten Sanctions
Oil purchases by China and India are undermining United States sanctions on Iran and Venezuela, but halting them could come at a cost.