Bloomberg The European Union (EU) unveiled how it plans to label investments in some gas and nuclear projects as sustainable, a move that has divided member states as the energy transition collides with political reality. The European Commission on Wednesday announced technical amendments to its draft green-label criteria and proposed strengthening disclosure rules to ensure more transparency for investors. Yet ...

  Since former US President Donald Trump launched his trade war against China in 2018, Chinese leaders have gone from mocking the idea that the world’s two biggest economies might decouple, to worrying about losing access to American technology, capital and markets, to thinking that China might be better off disengaging from its main rival on its own terms. They ...

In late 2021, diplomats spent hours arguing over whether to “phase-out” or “phase-down” coal in the final communique of the COP26 climate change summit. Under pressure from China and India, the watered-down second choice prevailed. Still, it was good enough for the United Nations to proclaim that the dirtiest fuel was being “consigned to history.” Nothing is further from reality. ...