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Articles on Fossil fuels

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A stray polar bear is seen outside Oktyabrsky mine on the outskirts of the Russian industrial city of Norilsk in 2019. Irina Yarinskaya/AFP

Other casualties of Putin’s war in Ukraine: Russia’s climate goals and science

The war in Ukraine threatens to turn back the clock on Russia’s climate progress, with some calling on the country to leave the Paris Agreement and roll back environmental regulations.
The threat of expensive payouts may already be having an effect. Tom Stoddart/Getty Images

How treaties protecting fossil fuel investors could jeopardize global efforts to save the climate – and cost countries billions

A new study adds up the potential legal and financial risk countries could face from hundreds of agreements, like those under the Energy Charter Treaty.
A person shops at a supermarket in Moscow in April. War-related sanctions have caused inflation to soar – 2% per week in the first three weeks of the war and 1% per week thereafter, equivalent to 68% per year. Natalia Kolesnikova/AFP

War in Ukraine: Russia’s reputedly ‘sanction proof’ economy shows signs of stress

While the country’s Central Bank may have managed to offset some of the tougher sanctions, the West’s economic broadside has caused long-term damage to “Fortress Russia”.

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