Twenty-six nations are expected to lodge a formal protest on Wednesday against a European Union law to make airlines pay for carbon emissions -- adding to transatlantic tension on an issue that has

The European Union Thursday unveiled draft plans to regulate offshore oil and gas across the bloc and guard against a repeat of BP's catastrophic Gulf of Mexico spill as firms drill deeper to tap r

The European Union must make a drastic shift from fossil fuels and derive more and more of its power from renewable sources, driving up electricity costs over the next two decades, according to a d

The European Union is seeking new powers to speed through major energy projects aimed at curbing dependence on imported oil and gas and ensuring sustainable, green supplies, according to draft legi

European Union environment ministers -- responsible for only 11 percent of global carbon emissions -- said they would commit to a new phase of the Kyoto climate change pact, on the condition that n

Selling water on exchanges in the same way other commodities are traded could help solve a shortage of the world's most precious raw material likely to hit long before oil runs dry, the chairman of Nestle said on Tuesday.

"I am not against the idea," Peter Brabeck, chairman of the world's largest food group, told Reuters when asked about the idea of exchange-based water trade.

The first plac

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