Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas

At a major oil and gas conference in Texas this week, companies publicly retreated from their flashy climate pledges of years past, redoubling their commitment to planet-warming fossil fuels.

The withdrawals illustrate the companies’ allegiance not to ordinary Americans, but to their shareholders and the climate-skeptical Trump administration, advocates said.

Zahra Tabatabai’s Back Home Beer features select Middle Eastern flavors, and she’s looking to expand its reach nationally

Business heats up for Zahra Tabatabai in March, the month of Nowruz, the 13-day Persian new year festival, which begins this year on 20 March. The Iranian American Brooklynite’s craft beers are infused with Middle Eastern flavors such as sumac and sour cherry, and packaged in design-forward cans featuring poetry in intricate Farsi lettering.

Tabatabai’s grandfather used to make his own beer with ingredients from his garden in Shiraz, before the Iranian government instituted a ban on alcohol consumption in 1979. More recently, her grandmother longed to taste her husband’s beer again, so Tabatabai set out to satisfy her yen. During the Covid-19 pandemic, while working as a freelance writer and overseeing the home schooling of her son, who is now 11, she started looking at recipes and enrolled in a home-brewing class, and began watching YouTube videos about the art of making beer.

Scopely, une entreprise saoudienne leader dans le secteur du jeu mobile, a confirmé le rachat de la division jeux de Niantic pour 3,5 milliards de dollars, à quoi il faut ajouter 350 millions de dollars supplémentaires en espèces, portant la valeur totale de l’accord à 3,85 milliards de …

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Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination

What connects Donald Trump’s approach to trade, tax and government spending? Is there a Trumpian theory of economics – Maganomics? Trump, like most politicians, would doubtless reject any claim that he was following a particular ideological blueprint, but then, as John Maynard Keynes said: “Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”

It’s certainly difficult to attribute Trump’s policies to the intellectual influence of any one strand in economic thinking. The most obvious frame is the dual one identified by Harvard economist Dani Rodrik, who describes it as a combination of economic nationalism and the techno-right. The former, represented by long-term Trump confidantes Peter Navarro and Steve Bannon, wants to rebuild America’s traditional industrial strength behind tariff walls while deporting as many immigrants as possible; the latter, represented of course by Elon Musk, to engineer a great leap forward into an AI-enabled libertarian future.

Jonathan Portes is professor of economics and public policy at King’s College London and a former senior civil servant

The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal

Donald Trump’s repeated mantra of “drill, baby, drill” demands that more oil and gas be extracted in the United States, but the president has set his sights on an even broader goal: keeping the world hooked on planet-heating fossil fuels for as long as possible.

In deals being formulated with countries such as Japan and Ukraine, Trump is using US leverage in tariffs and military aid to bolster the flow of oil and gas around the world. In Africa, his administration has even touted the resurrection of coal, the dirtiest of all fossil fuels, to bring energy to the continent.