Bloomberg The European Union is planning to propose a mandatory phaseout on coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, according to people familiar with the matter. The action on coal would be added to a package of steps aimed at strengthening existing measures and correcting loopholes that was ...

Bloomberg Poland’s plan to quickly cut down on coal as its main electricity fuel may take longer than expected as the country seeks to limit its investments in gas-fired power units. The European Union’s most coal-reliant nation intends to increase the usage of power plants fired by the dirty fuel “in short- and mid-term,” the State Assets Ministry said in ...

Hong Kong’s most unpopular leader since the city returned to Chinese rule stayed in character to the end. Carrie Lam paid tribute to her backers in Beijing, while eschewing any mention of the financial center’s people as she confirmed she won’t seek a second five-year term. The chief executive put the central authorities first, second and third on her list ...