MONDAY31JULY2023EUROPEWorldMarketsSTOCKMARKETS-XO3UHYFKJ631DGDT&RPSRWHR-RHG)76(XURIUW(XUR6WR)76()76($OO6KDUH&$&HWUDD1NNHDJ6HJ06&RUOG06&(006&$&)7OKUH)7OKUHCURRENCIES-XO-XOeegge6)U-XO-XOeegeGH6)UeCRYPTO-XO3UHYFKJ%WFR(WKHUHXPCOMMODITIES-XO-XOHHN2O72O%UHWROGGOVERNMENTBONDSHOG-XO-XO&KJ86U86U86U8.U8.U8.U-31U-31U-31U(5U(5U(5U3UFHDUHODWHWIRUHGWRDWDSURYGHGE0RUJWDUDAVIDSHEPPARDANDRACHELMILLARD—LONDONTheUKgovernmenthasmadeitcheaperforindustrytopolluteinBrit-aincomparedwiththeEUbywateringdownreformstothecarbonmarket,inthelatestsignofbackslidingonitscli-mateagenda.WhitehallrecentlyquietlyannouncedchangestotheUK’scarbontradingscheme,includingofferingmoreallow-ancesth...