The climate implications of Sunday's Brazilian runoff election, which will return leftist former president Luiz Inácio Lula da Silva to office, defeating the hard right Jair Bolsonaro, are set to reverberate worldwide.
Why it matters: Bolsonaro has presided over the highest Amazon deforestation rates in 15 years, while Lula had enacted policies to protect the Amazon.
The Russian oil and gas sector will never fully recover from the fallout of the invasion of Ukraine, according to a report from a top global energy agency, weakening a vital part of the country's economy for decades to come.
Why it matters: The new findings from the International Energy Agency show how Russia's decision to attack Ukraine earlier this year has upended international markets and imperiled the future energy leverage of a U.S. adversary.
