The US is weighing sanctions on Myanmar’s state-owned oil and gas company to choke funding to the nation’s military regime, according to people with direct knowledge of the matter, a move that risks hitting American allies involved in the sector.

President Joe Biden said he wanted to cancel the Willow oil drilling project in the North Slope of Alaska but was ultimately swayed by administration lawyers to approve a limited version.

The uncertainty about South Pole’s flagship project in Zimbabwe—called Kariba—could influence how legions of companies try to slash their emissions. Purchases of carbon credits quadrupled in 2021 to $2 billion, according to Ecosystem Marketplace. But persistent questions about their benefits have damaged their reputation as a legitimate climate solution.

Developers have started to pause large investments in Irish offshore wind parks after the government introduced tougher rules on where they can be built.

Two environmental groups filed a motion for summary judgment in a lawsuit challenging a 2022 oil and gas lease sale in Wyoming held by the Interior Department’s Bureau of Land Management.

China, the US and Saudi Arabia are among countries that significantly altered a United Nations document that will shape global climate policy for years to come, according to an account of international negotiations preceding its release.

The UK government should investigate whether power trading firms are manipulating the country’s electricity markets to boost their profits, former Labour Party Leader Ed Miliband said.