Biden protects 84% of IRA clean energy grants from being clawed back
Biden secures 84 per cent of $96.7B in clean energy grants under the IRA, shielding funds from Trump's planned clawbacks.
Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia
Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.
Biden protects 84% of IRA clean energy grants from being clawed back
Biden secures 84 per cent of $96.7B in clean energy grants under the IRA, shielding funds from Trump's planned clawbacks.
Procter & Gamble accused of ‘greenwashing’ in Charmin toilet paper, lawsuit says
Procter & Gamble faces lawsuit over alleged greenwashing in Charmin toilet paper sourcing from Canada's boreal forest.
SLB says its Russia business aligns with new US sanctions as revenue drops
SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.
Vistra’s battery storage facility goes up in flames, spurs evacuation orders
Flames engulf Vistra’s Moss Landing battery storage site near San Francisco, emitting toxic fumes as officials let it burn.
UK govt rejects ‘Sunshine Bill’ plan for solar panels on new homes
The UK government declined backing for the "Sunshine Bill," aiming to mandate solar panels on new homes, citing housing supply concerns.
US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
NHTSA ends probe into 6,971 Fisker Ocean SUVs’ braking issue, citing lack of info as Fisker struggles post-bankruptcy.
Indonesia plans to offer carbon credit certificates to foreign buyers next week
Indonesia to launch carbon credits for global buyers on Jan. 20, aiming to boost funds for 2050 net-zero targets.
Codelco, Saudi in talks on copper investment, 2025 output seen up
Codelco eyes joint investments with Saudi Arabia in copper, aligning with Riyadh's push into EV and battery manufacturing.
2024 saw fastest-ever annual rise in CO2 levels: UK weather service
Atmospheric CO2 surged at record rates in 2024, driven by fossil fuels, wildfires, and weakening carbon sinks, says Met Office.
At aviation meeting, ESG takes backseat to jet shortages
Dublin's air finance summit sidestepped sustainability amid parts shortages, stoking fears of “ESG fatigue” in aviation.
Column: China response key to crude oil after new sanctions on Russia
China may cut crude imports and tap inventories as U.S. sanctions on Russian oil disrupt supply, pressuring global prices.
Investigation: How mega-polluters take advantage of billions in green loans
Sustainability-linked loans are under scrutiny for enabling major polluters to avoid accountability while expanding harmful operations.
Column: Copper’s early-year rally leaves investors unimpressed
Copper prices rise in January, yet market remains cautious amid fears of US tariffs and a potential trade war as Trump takes office.
Analysis: Russia’s Arctic oil feels the chill from US sanctions
US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
LA public utility’s wildfire liability hinges on equipment’s role, Moody’s says
Moody's says LADWP's liability for the Palisades Fire hinges on equipment involvement; damage to assets deemed manageable.
Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion
The U.S. DOE finalized a $996M loan for ioneer’s Rhyolite Ridge lithium project, boosting domestic EV battery material supply.
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy subsidies under Biden's Inflation Reduction Act to raise deficits by $825B over the next decade, CBO says.
Federal Reserve withdraws from global regulatory climate change group
The Federal Reserve exits global climate risk group NGFS, citing its scope as beyond the Fed's statutory mandate.
Tennessee Attorney General settles ESG dispute with BlackRock
Tennessee and BlackRock settle ESG dispute; BlackRock agrees to increased proxy voting disclosures and third-party audits.
Colonial Pipeline restarts main gasoline artery after fixing leak in Georgia
Colonial Pipeline restarts Line 1 after Georgia leak, restoring gasoline supply to East Coast markets with minimal disruptions.
Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill
Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.
Canada minister says retaliatory tariffs could include critical minerals
Canada could impose countermeasures on up to C$150 billion ($105 billion), one source said.
Global temperatures this year to rival 2024’s record-breaking heat: climate officials
Global temperatures in 2025 are forecasted to rival 2024's record-breaking heat, highlighting the urgency of climate action.
Canada’s public pension holdings in natural gas companies a risk: report
Report raises alarms over public pension investments in natural gas, warning they risk becoming stranded assets amid the energy transition.
Ontario eyes large, new nuclear plant near Port Hope
Ontario is taking some preliminary steps toward potentially building a new nuclear generating station near Port Hope, Ont.
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
Portugal advances offshore wind plans with a 10 GW goal, approving four ocean zones for upcoming renewable energy auctions.
At aviation meeting, ESG takes backseat to jet shortages
Dublin's air finance summit sidestepped sustainability amid parts shortages, stoking fears of “ESG fatigue” in aviation.
Slovak entrepreneur funding rescue of German flying taxi startup Lilium
A Slovak entrepreneur is providing most of the funds to rescue flying taxi startup Lilium that came close to collapse last month.
Austrian far right, conservatives plan cuts to climate measures
The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.
EU not ready to enforce pollution rules, airlines say
Airlines urge EU to delay pollution rules, citing lack of NEATS system for emissions tracking, risking compliance issues.
Carmakers at India auto show unveil charging network plans, new EVs
India’s auto giants Maruti, Tata, and Hyundai unveiled plans at the New Delhi Auto Show to expand EV charging networks nationwide.
Indonesia plans to offer carbon credit certificates to foreign buyers next week
Indonesia to launch carbon credits for global buyers on Jan. 20, aiming to boost funds for 2050 net-zero targets.
South Korean nuclear power plant operator agrees with US Westinghouse to end dispute, utility says
South Korea's KEPCO and Westinghouse resolve IP dispute, agree to enhance collaboration in global nuclear markets.
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
The tanker is the first since last week's sanctions announcement to discharge in Shandong province.
Nepal’s top court bars infrastructure in protected areas
After decades of rampant logging, Nepal also nearly doubled its forest cover between 1992 and 2016.
Brazil’s Cosan unloads stake in miner Vale
The move was "based solely on the goal of optimizing its capital structure," the Brazilian conglomerate said.
Analysis: Codelco workers fear copper production push hard to maintain
The company is targeting annual production of 1.7 million metric tons by the end of the decade.
Copper giant Peru sees economy expand for eighth straight month
Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors.
JPMorgan upgrades YPF, expecting further growth for Argentine energy sector
In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.
Chile rejects environmental permit for Dominga copper and iron mine
Chile rejected an environmental permit for Andes Iron's controversial $2.5 billion Dominga iron and copper mining project on Wednesday.
Tanker hit by Yemen rebels that threatened Red Sea spill has been salvaged
The Sounion had been a disaster in waiting in the waterway, with 1 million barrels of crude oil aboard.
Saudi Aramco and Sonatrach cut LPG prices for January
LPG is used mainly as fuel for cars, heating and as a feedstock for other petrochemicals.
Sugarcane trash can produce energy – what South Africa’s small farmers need to make this happen
Bioenergy from sugarcane trash could transform South Africa’s energy mix, reduce emissions, and boost rural farmers’ livelihoods.
Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows
Saudi Arabia's non-oil private sector ended 2024 strong, highlighting progress under 'Vision 2030.'
Dry weather threatens Ivory Coast cocoa crop, farmers say
Last week, no rain fell in most of Ivory Coast's cocoa regions, raising concerns over bean quality and supply.
BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance
BMO becomes the first Canadian bank to exit the NZBA, following similar moves by major U.S. lenders under political pressure.
SLB says its Russia business aligns with new US sanctions as revenue drops
SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.
UK govt rejects ‘Sunshine Bill’ plan for solar panels on new homes
The UK government declined backing for the "Sunshine Bill," aiming to mandate solar panels on new homes, citing housing supply concerns.
Codelco, Saudi in talks on copper investment, 2025 output seen up
Codelco eyes joint investments with Saudi Arabia in copper, aligning with Riyadh's push into EV and battery manufacturing.
2024 saw fastest-ever annual rise in CO2 levels: UK weather service
Atmospheric CO2 surged at record rates in 2024, driven by fossil fuels, wildfires, and weakening carbon sinks, says Met Office.