Europe’s Carbon Market Must Look Ahead

MUNICH – The European Union’s carbon-pricing policy has long been the subject of fierce debate. To some, it is a bold experiment in aligning markets with planetary limits; to others, it is an added burden on households and businesses already strained by rising energy costs.

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Make Russia Pay for Its War on Ukraine

Joseph E. Stiglitz & Andrew Kosenko explain why it is in Europe's interest to mobilize frozen Russian assets to ensure Ukraine's survival. Kristian Buus/Getty Images Longer Reads