Bloomberg The Japanese government was expected to finalise a policy review on Thursday that sustains some support for new overseas coal-power projects, according to people with knowledge of the situation. In a concession to climate-change concerns, the new policy will include for the first time a requirement that recipient countries commit to long-term “decarbonisation” plans, according to the people, who …

Bloomberg Two days after a judge ordered the controversial Dakota Access oil pipeline to shut by early August, its owner Energy Transfer LP is continuing to schedule shipments and has made no moves to take it offline. The Dallas-based company run by billionaire Kelcy Warren said that it’s not currently emptying the pipeline and, in fact, is accepting requests for …

Bloomberg Discussions about how to fight climate change almost always conclude with a lament over the “lack of political will.” It’s as if the roadblock preventing these clean-tech visions and white-paper dreams from becoming market-driven reality is an irrational, unforeseen hiccup. That’s a comforting fallacy. The lack of political will is the whole point: Climate change is a problem caused …