Bloomberg As Covid-19 spread across the globe this spring, flights were halted, commutes were cancelled and oil tankers floated offshore, waiting for a spike in demand. The coronavirus cut global carbon emissions more than any other event in the last century. But the pandemic-induced slowdown may ultimately hamper efforts to curb climate change. “If we end up in a deep …

Bloomberg Japan may shut about 100 inefficient coal-fired power units by 2030 to reach its emissions reduction target under the Paris agreement. The powerful Ministry of Economy, Trade and Industry will soon start expert panel discussions on details of the closure plan, according to an official with the ministry. The shut downs are necessary to meet targets already laid out …

Bloomberg Covia Holdings Corp, a supplier of sand and other mineral products to the oil and gas industry, filed for Chapter 11 bankruptcy in federal court in the Southern District of Texas. The company has a restructuring support agreement with holders of the majority of its secured debt. It currently has cash reserves of about $250 million and US operations …