Living with Covid-19 means embracing interest-rate increases. The more of the latter, the better. That’s the view from New Zealand, whose central bank proceeded on Wednesday with a widely anticipated hike in its benchmark rate to 0.5%, the first nudge higher in seven years. The Reserve Bank made it clear the move is unlikely to be the last. Inflation is ...

Bitcoin is a virtual currency with a very physical footprint in the form of the big, power-hungry facilities that have sprouted up to mine it. The size of this footprint and its impact on the environment have become a hotly contested issue: The network’s power consumption this year will likely be a whopping 91 terawatt-hours, roughly equivalent to Pakistan’s, according ...

Charif Souki, who founded the biggest US natural gas-export firm and now chairs another called Tellurian Inc, isn’t known for mincing words. And he didn’t disappoint when tackling the issue of methane emissions at a recent event hosted by the Center for Strategic and International Studies: In the upstream, methane leaks are inexcusable. They’re avoidable. The technology is available to ...