, Columnist
India’s Dirty Secret Is an Oil Market Headache
Refiners will face a costly cleaning bill.
It's time to stop subsidizing polluting coal substitutes.
Photograph: AFP Contributor/Getty Images
This article is for subscribers only.
What do you do when your dumping ground cleans up its act?
That’s the problem confronting the oil market as the global shipping industry starts implementing regulations to limit its consumption of sulfur, a common impurity in crude that can cause respiratory problems and acid rain when it’s burned.