Scorching weather across the globe makes fields too dry for crops, rivers too warm to cool power plants, and leaves wind turbines idle – and it's pushing commodities prices higher.
Months into the Korean War, President Harry Truman capped wages and imposed price controls on the steel industry, seizing authority under a newly passed law to take action in the name of national defense.
Chief Executive Officer Ben van Beurden has the same message for activists seeking to bind Royal Dutch Shell Plc to deep emissions cuts, and investors concerned about the merits of shifting away from oil and gas: Trust me.
