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Several states oppose Trump's drilling license sales

Multiple coastal states in the US are seeking exemption from a planned sale of new oil and gas licenses in US waters. One state is already exempt. The expansion is part of President Donald Trump's efforts to strengthen the oil industry.

Planned expansion applies to the US part of the Atlantic and the Pacific, including off of California, which is visible | Photo:/ritzau/AP/Mark J. Terill Photo: /ritzau/AP/Mark J. Terill

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EU and China sign new carbon trading agreement

The two largest CO2 markets in the world will now work together to render carbons emissions more costly. CO2 prices in the EU are going up, but the consequences of Brexit remain unclear.

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