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Articles on Fossil fuels

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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”.
Trees scorched by the Caldor Fire smoulder in the Eldorado National Forest, Calif., Sept. 3, 2021. (AP Photo/Jae C. Hong)

Planting trees can help the climate, but only if we also stop burning fossil fuels

Planting trees and preventing deforestation can store carbon in nature, but the effect may only be temporary. If we also eliminate emissions from fossil fuels, even this temporary effect is important.

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