For five decades, international environmental meetings have been riven by a north-south divide. While the rich nations of the global north have led calls to rein in emissions, their less affluent counterparts have largely remained on the sidelines. The Kyoto Protocol was in essence a treaty between the wealthy Group of Seven nations, the former Soviet Union, Australia and New ...

It doesn’t matter whether Russia couldn’t, or wouldn’t, boost natural gas supplies to Europe in recent weeks. Either way it has undermined its claim to be a reliable supplier. It’s also boosted the case for its most important customers to reduce their dependence on Moscow-controlled supplies and boost domestic renewable energy sources. The well-documented shortage of natural gas currently being ...

Bloomberg Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2% after Airbus said adjusted operating profit will reach $5.2 billion in 2021. The company reversed some of the charges it took for Covid-19 disruptions as ...