Always volatile, oil prices have tumbled more than 20 percent since late April because of growing fears that demand is weaker than expected as the global economy slows. New York Times
Summertime heat is forecast to become even deadlier without action to drastically reduce the greenhouse gas emissions that cause climate change, according to a new study. New York Times
Michael R. Bloomberg, the former mayor of New York City, said on Friday he would donate $500 million to a new campaign to close every coal-fired power plant in the United States and halt the growth of natural gas. New York Times
Germany continues to be off track regarding many of its energy and climate targets according to the economy ministry’s latest progress report on the energy transition. In an accompanying opinion, government advisors lament that the report lacks concrete measures and ideas on how to implement the country’s landmark Energiewende project. Clean Energy Wire x
The world’s largest automakers warned President Trump on Thursday that one of his most sweeping deregulatory efforts — his plan to weaken tailpipe pollution standards — threatens to cut their profits and produce “untenable” instability in a crucial manufacturing sector. New York Times
President Trump’s latest swipe at Huawei could be the start of a deep transformation of the tech sector.Citing national security concerns, the Commerce Department said this month that American companies would need special permission to sell some products to Huawei and other Chinese companies. New York Times
Human activity has transformed the Earth – but scientists are divided about whether this is really a turning point in geological history. The Guardian
The Arctic is thawing, and China is seizing the chance to expand its influence in the north. For China, the retreating ice potentially offers two big prizes: new sources of energy and a faster shipping route across the top of the world. New York Times
President Trump’s attention on trade has largely been focused on China in recent weeks. But there’s a growing sense that he could soon turn his fight to Europe. The European trade commissioner, Cecilia Malmstrom, reportedly warned E.U. trade ministers that they “should brace” for U.S. tariffs on billions of euros worth of European goods over a dispute about Airbus subsidies. New York Times
The bond market is sending powerful signals that there’s economic trouble ahead for the United States economy. They’re powerful enough, in fact, that they’re even rattling the parts of Wall Street that people do talk about. New York Times