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In the next few days Pope Benedict plans to issue his second encyclical - the most authoritative statement a pope can issue - which apparently will focus on social and economic inequity in a globalized economy. In the statement, he is expected to denounce the use of tax havens as socially-unjust and immoral in cheating the greater well-being of society. Read More

The law firm that helped win $7.2 billion in settlements for Enron investors is seeking nearly $700 million in legal fees for itself and other attorneys who handled the case, according to court documents. Read More

Shell, the oil company that recently trumpeted its commitment to a low carbon future by signing a pre-Bali conference communique, has quietly sold off most of its solar business. Rival BP decided last week to invest in the world's dirtiest oil production in Canada's tar sands, indicating that Big Oil might be giving up its flirtation with renewables and going back to its roots. Read More

Nord Stream, a consortium led by Russia's Gazprom, is building a new controversial pipeline under the Baltic Sea. Read More

Residents and environmental activists are in a bitter dispute with large U.S. energy corporations and the federal government over the safety of nuclear power, as more than a dozen corporations plan to, or have filed, paperwork to open new nuclear power plants, primarily in the U.S. South. Read More

SHELL has abandoned its sponsorship of one of Britain's most prestigious wildlife photography exhibitions after protests by environmental groups. Read More