U.S. Energy Secretary Pledges to Reverse Focus on Climate Change

U.S. Energy Secretary Pledges to Reverse Focus on Climate Change

Before a packed crowd of oil and gas executives on Monday, Chris Wright, the new U.S. energy secretary, delivered a scathing critique of the Biden administration’s energy policies and efforts to fight climate change and promised a “180 degree pivot.” Mr. Wright, a former fracking executive, has emerged as the …

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Welcome to the Zero Sum Era. Now How Do We Get Out?

Welcome to the Zero Sum Era. Now How Do We Get Out?

My grandfather’s idea of an Easter egg hunt involved hiding money in colorful plastic eggs sprinkled around his house on Long Island. Most held coins, but there was always one with a crisp, new $100 bill. My cousin, Billy-O, and I were the only players. We were usually playful partners …

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The World Bank Pivoted to Climate. That Now May Be a Problem.

The World Bank Pivoted to Climate. That Now May Be a Problem.

As the Trump administration imposes deep cuts on foreign aid and renewable energy programs, the World Bank, one of the most important financiers of energy projects in developing countries, is facing doubts over whether its biggest shareholder, the United States, will stay on board. While the Trump administration has voiced …

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Coffee Prices Are Soaring, but Growers Aren’t Celebrating

Coffee Prices Are Soaring, but Growers Aren’t Celebrating

These should be wonderful times at Finca El Puente, a coffee plantation carved into the mountains of southwestern Honduras. On world markets, the price of ordinary coffee has more than doubled over the past year. The specialty varieties of coffee harvested at the farm have long commanded a hefty premium, …

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Profits, Not D.E.I., Are Why Companies Exist

Profits, Not D.E.I., Are Why Companies Exist

A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and not necessarily the main part. Speaking collectively as the Business Roundtable, C.E.O.s from companies like Johnson & Johnson, FedEx, Wells Fargo and Amazon said that, really, …

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California’s Push for Electric Trucks Sputters Under Trump

California’s Push for Electric Trucks Sputters Under Trump

President Trump’s policies could threaten many big green energy projects in the coming years, but his election has already dealt a big blow to an ambitious California effort to replace thousands of diesel-fueled trucks with battery-powered semis. The California plan, which has been closely watched by other states and countries, …

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