Drivers in the U.K. are getting back on the road. The Easter break is over, kids are back in school, shops are reopening and restrictions on socializing have been eased. The result -- city streets are the most congested they have been since the start of the pandemic last year.
Deputy Prime Minister and Finance Minister Chrystia Freeland took the wraps off a budget that includes $101 billion in stimulus spending over the next three years, no roadmap for balancing the books, and a debt-to-gdp ratio that hovers around 50 per cent over the forecast horizon.
Achieving net-zero carbon emissions by 2050 is one of the greatest challenges of our time. But apparently not the greatest challenge.
The head of Vitol Group, the world’s biggest independent oil trader, expects crude demand to come roaring back this year and next as the world emerges from the pandemic.
Russia, the world’s fourth-largest polluter and country often criticized for unambitious climate goals, has made its first step towards carbon trading and a detailed monitoring of its greenhouse gas emissions.
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