UK to consider economy and carbon mitigation when assessing oil and gas projects

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Ministers will consider the economic benefits of North Sea oil and gas projects along with carbon “removal” activities when deciding whether to grant consents, under guidance designed to avoid courts overturning approvals. The fresh guidance … Read more

Can the US power grid keep up with the AI data centre boom?

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome to Energy Source, coming to you from New York and Washington. Despite intensifying tensions in the Middle East, … Read more

The death of the business card

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. By the time I joined the FT in 2021, business cards had mostly fallen out of fashion. Colourful stacks of embossed cards sat on the desks of my colleagues, gathering dust. Here in San Francisco, … Read more

The Fed cuts US economic outlook

The Federal Reserve cut its outlook for the US economy on Wednesday, and in the UK, inflation remains higher than ideal. Plus, Big Tech companies are lobbying for a decade-long ban on AI regulations, and the Israel-Iran conflict has hit the global supply chain. Mentioned in this podcast: UK inflation was 3.4% in May Federal … Read more

It’s time AI started to play by the rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Late last year, California almost passed a law that would force makers of large artificial intelligence models to come clean about the potential for causing large-scale harms. It failed. Now, New York is trying on … Read more