The natural gas trap

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The writer is David S Lobel professor in business and sustainability and professor of political economy at Stanford University I recently served as an expert witness in court. A question put to me … Read more

EU to stockpile critical minerals due to war risk

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has said it will build up emergency stockpiles of critical minerals and cable repair kits, as concerns grow over the EU’s vulnerability to attack. “The EU faces an increasingly complex and deteriorating risk landscape … Read more

Inject equity in green industry not subsidies, EU tells capitals

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European governments should channel public money into clean tech by buying equity in companies rather than giving direct subsidies, the EU’s competition chief has said. Teresa Ribera told the Financial Times that while EU state … Read more

CATL to bring battery-swapping technology to Europe

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CATL, the world’s largest maker of electric vehicle batteries, plans to bring its battery-swapping and recycling technology to Europe, amid a global battle to secure more sustainable EV supply chains. In an interview with the … Read more

Temperatures reach dangerous highs as ‘heat domes’ hit Europe and US

Scientists said “heat domes” and related atmospheric events behind extreme weather around the world had almost tripled in strength and duration since the 1950s, as tens of millions of people sweltered in “dangerous heat” in parts of the US and Europe. Countries including Greece, Spain and France faced unusual June heatwaves due to a heat … Read more

Bumble chief criticises staff for ‘freaking out’ over London job cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bumble chief executive Whitney Wolfe Herd has criticised staff for “freaking out” after announcing the company would eliminate more than 160 roles in London, warning drastic cost-cutting measures were needed as “dating apps are feeling … Read more