Preparatory talks between G-20 officials this week failed to end in an agreement to reduce coal subsidies and curb methane emissions. There wasn’t even a consensus on striving toward net-zero emissions and limiting global warming to 1.5 degrees from pre-industrial levels, according to three people familiar with the matter. China and India, two of the world’s biggest emitters and largest coal users, have failed to submit updated climate pledges. One person described the negotiating round as a disaster. Are they all suddenly realizing at once - amid the glorious FUBAR situation occurring in global energy markets - that ... (full story)