Bloomberg Subsidies paid to UK farmers could be replaced after Brexit by cash from selling carbon credits, inducing more landowners to plant trees and protect marshlands that sequester greenhouse gases. Carbon farming has gained traction alongside markets that put a price on pollution. It’s an agricultural technique that stores carbon dioxide emissions by regenerating soil and vegetation. Farmers can potentially ...

“To the barricades.” That’s one way of characterising Bill Dudley’s recent proposal that the Federal Reserve fight back against President Trump’s unrelenting attacks. Although it’s a phenomenally bad idea, it has the curious and paradoxical effect of revealing the primary defects of Trump’s economic policies. First, some background. Dudley — a former chief US economist for Goldman Sachs — was ...

Giuseppe Conte looks set to form a new government in Italy, after activists from the Five Star Movement backed an alliance with the Democratic Party. The speedy resolution of Italy’s political crisis offers a striking contrast with the enduring chaos in Britain. But the basis of the new coalition, including the program and the likely ministerial team, appear extremely shaky ...