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API calls on SEC to rethink climate-related reporting rules

The American Petroleum Institute (API) has issued comments on the U.S. Securities and Exchange Commission’s (SEC) proposals for climate-related disclosure rules. “Optimizing and Standardizing Climate-Related Disclosures for Investors” In its comments, API reiterated its support for timely and accurate reporting…

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China faces energy risks – price controls come at a price

Despite drastic measures to boost coal production, China could face further power shortages this summer. This is because most of the new supply is of lower quality and burns faster in power plants. China, the world’s largest coal consumer, gets…

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