Carbon offsets are increasingly being used by companies whose business activities emit greenhouse gases. But some scientists say they don’t always work as promised. Read More...
The Wall Street Journal
Heat Wave Sends Natural-Gas Prices Soaring
Natural-gas futures have jumped 48% this month—including 10% on Wednesday—to $8.007 per million British thermal units. Falling commodity prices have been encouraging hopes that inflation has peaked, but the heat wave, which has enveloped nearly the entire country and is forecast to linger possibly into August, threatens to send prices for key raw materials climbing anew. Coal, like gas, is in high demand from power producers struggling to generate enough electricity to run air conditioners.
