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USA: The Ambitious Climate Change and Drug Price Reduction Bill

After 18 months of negotiations, the Biden administration's climate change and medicare reform bill has begun to be debated in the US Congress. "This bill will fundamentally change the situation for American households and our economy," promised...

John Kerry: By suspending bilateral climate talks, China is ‘punishing the world’

China, with its decision to suspend bilateral climate talks with the US, is not punishing Washington but the world, US special envoy for climate change John Kerry said on Friday. "No country should block progress on existential...

Ambitious climate targets from Australia

In a move that clearly differentiates it from the previous one, the government of Labor Prime Minister Anthony Albanese has tabled a bill to combat climate change, which, among other things, improves the country's international...

Warren Buffett’s big bet on Occidental oil

by Ian Palmer Billionaire Warren Buffett has been buying Occidental Petroleum shares since 2019. His stake has reached 20% of the company, worth about $180 million. Like all major oil companies, Occidental's share price has...

We don’t all live in the same Now

By Andreas Kluth What makes our current situation so alarming is an outbreak of "out of sync". At least that's what I recently heard Robert Habeck, Germany's vice chancellor and economy minister, say at a conference...

Biden announced measures to tackle climate change

US President Joe Biden, unable to pass climate laws through Congress, tried today to implement some of his campaign promises by announcing new measures at a time when many states and European countries are suffocating due...