Arctic

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A fossil-fuel free society is economically attractive: renewable energy sources increasingly compete with fossil fuels, even when these are priced at historic lows. Photograph: Getty Images

From accelerating sea-level rise and ocean acidification to increasing risks of extreme weather events and the “collision course” with Earth’s climati(...)

Igor Sechin, chief executive of  Rosneft: said earlier this month the company could invest $400 billion in the Arctic in the next 15 years. Photograph: Andrey Rudakov/Bloomberg

Rosneft and ExxonMobil have struck oil at their controversial joint well in the Arctic, according to people familiar with the matter.The Universitetsk(...)