Saturday, 18 May 2024
The skyline is shown at sunset in Austin, Texas, U.S., October 25, 2021.  Picture taken with a drone.  REUTERS/Brian Snyder/File Photo
ElectricityInfrastructure

Texas power demand to hit record high for month of May next week

Power use in Texas will likely break records for the month of May as homes and businesses crank up the air conditioning to...

FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo
Climate

IMF reaches agreement with Tanzania on climate financing

The concessional financing under the IMF's Resilience and Sustainability Facility is subject to approval by the Fund's executive board

EmissionsPoliticsTransport

Manhattan judge hearing arguments on challenges to NYC driver fee

New York’s plan to levy a hefty toll on drivers entering Manhattan is the focus of a legal battle set to play out...

FILE PHOTO: The U.S. Capitol dome is seen from the the East lawn in Washington, U.S., May 9, 2024. REUTERS/Kaylee Greenlee Beal/File Photo
AgricultureClimateLegislation

US House farm bill proposal faces slim Senate odds

The US House farm bill includes provisions to reduce spending on food aid for the poor and efforts to help farmers fight climate...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles

Tesla chair sees challenges in getting shareholder vote for Musk’s pay deal

Tesla's chair said the company needs to climb "Mount Everest" as it faces shareholder votes on relocating to Texas and Elon Musk's $56bn...

An Xpeng AeroHT X2 Flying Car on display in Hong Kong at the launch of Xpeng vehicles into the city for the first time (AFP)
Electric Vehicles

US tariffs on Chinese EVs hurt green transition: XPeng boss

The president of EV maker XPeng has criticised tariffs on Chinese cars imposed by Washington as "unfavourable" for the US energy transition

FILE PHOTO: A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016. REUTERS/Fabrizio Bensch/File Photo
Electric Vehicles

VW and Renault end talks to develop affordable EV, sources say

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
BusinessElectric Vehicles

Council approves Tesla’s revised plan to expand plant near Berlin

A council in Germany, outside of Berlin, approved a plan by electric carmaker Tesla to expand the grounds of its first plant in...

FILE PHOTO: XPENG Motors (Guangzou Xiaopeng Motors Technology) logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Carbon CaptureElectric Vehicles

Xpeng says US tariffs on Chinese EV detrimental to meeting carbon neutrality

The overseas expansion is overshadowed by an anti-subsidy probe launched by the EU into EV imports from China, as well as U.S. tariff...

FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo
AutomotiveElectric VehiclesTransport

Musk pushes plan for China data to power Tesla’s AI ambitions

Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China

An Ineos hydrogen-fuelled Grenadier car is driven on a test track during a 'Roadmap to Decarbonisation' event (AFP)
AutomotiveHydrogenIn-DepthTransport

Ineos drives towards hydrogen car future

Ineos showcases hydrogen-powered Grenadier 4x4, but admits infrastructure isn't in place yet to see them widely used

AnalysisCoalEconomyElectricityEmissionsFinanceInfrastructureLabourOpinionPoliticsTransmission

South Africa’s plan to move away from coal: 8 steps to make it succeed

Opinion: South Africa's plan to transition from coal to renewable energy sources must include mobilizing different forms of international finance, investing in new...

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
AnalysisBusiness

BHP needs to bid about 32 pounds a share for Anglo

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets,...

AnalysisClimateEnvironmentIn-DepthWeather

Holdover wildfires: Why B.C. may see more overwinter fires this season

Wildfire officials in British Columbia have expressed concern that last year's record fire season, along with continued drought conditions, will mean more holdover...

AnalysisEconomyElectricityEmissionsIn-DepthInfrastructurePoliticsRegulationsResiliencySolarStorageTransmissionUtilitiesWind

How should U.S. electricity markets evolve to get ready for an emissions-free world?

Resources for the Future: As reforms to the U.S. electricity market are considered, what priorities should regulators keep in mind?

FILE PHOTO: A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/File Photo
AnalysisElectric Vehicles

Fewer people in the US plan to buy EVs this year, study shows

The number of buyers in the U.S. considering buying EVs in 2024 has fallen from a year ago due to a shortage of...

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Podcasts

FILE PHOTO: White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, U.S., April 9, 2024. REUTERS/Kevin Lamarque/File Photo
ElectricityNuclearPoliticsTrade

How might a US-Saudi civil nuclear deal work?

US National Security Adviser will visit Saudi Arabia this weekend for talks expected to touch on a civil nuclear cooperation agreement

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric VehiclesTransport

GM, LG agree $150m relief fund for Chevy Bolt EV owners over faulty batteries

General Motors and South Korea's LG Electronics agreed a $150m fund to provide relief to Chevy Bolt EV owners affected by defective batteries

ClimateEnvironmentLegislationPoliticsWind

Florida slammed for bill striking climate change from state law

Democrats on Thursday slammed a new law introduced by Florida that makes climate change a lesser priority and largely removes the phrase from...

FILE PHOTO: Ford vehicles are displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric VehiclesFinance

Ford asks suppliers to cut costs in push to turn EV business profitable: memo

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table,"...

FILE PHOTO: The logo of the U.S. Bureau of Land Management, an arm of the Department of Interior, is seen on a sign in the Carrizo Plain National Monument, California, U.S., April 16, 2023. REUTERS/Nichola Groom/File Photo
BusinessCourtsEnvironmentFuelNatural GasOilPoliticsRegulationsResiliency

Oil, gas groups sue to block US rule hiking drilling fees on federal lands

Under the new policy finalized last month, oil and gas companies will pay higher bonds to help ensure old oil and gas wells...

FILE - A truck carrying 250 tons of coal hauls the fuel to the surface of the Spring Creek mine, April 4, 2013, near Decker, Mont. The Biden administration is proposing to end new coal leases from federal lands in the Powder River Basin of Montana and Wyoming, which includes Spring Creek. (AP Photo/Matthew Brown, File)
CoalEmissionsFuelMiningPoliticsRegulations

US proposes ending new federal leases in its biggest coal region

The Bureau of Land Management proposal would affect millions of acres of U.S. federal lands and underground mineral reserves in the Powder River...

Surgery resident Dr. Annie Lalande, shown in an undated handout photo, led a pilot project to change the menu at a Vancouver hospital and says the delicious and sustainable plant-based meals, alongside meat options, have been good for the health of patients and the planet. THE CANADIAN PRESS/HO-University of British Columbia-Paul H. Joseph **MANDATORY CREDIT **
ClimateEmissionsEnvironmentResiliency

Health professionals take climate action to care for patients and planet

From new plant-leaning hospital menus to fewer surgical gloves and single-use syringes, health-care professionals are finding ways to combat waste and pollutants.

A parliamentary committee has summoned Canada's big five bank CEOs to talk about the environmental and climate impacts of the financial system. Bank towers are in Toronto's financial district on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Vecz
Politics

Banks summoned to House of Commons environment committee

OTTAWA — A parliamentary committee has summoned Canada’s big five bank CEOs to talk about the environmental and climate impacts of the financial...

Environment Minister Steven Guilbeault is ordering all petrochemical companies which operate in Sarnia, Ont., to take steps to control leaks of the cancer-causing chemical benzene. A petrochemical plant is seen in Sarnia, Ont., Wednesday, Jan. 26, 2022. THE CANADIAN PRESS/Chris Young
EnvironmentPolitics

Feds order benzene leak fixes in Sarnia, Ontario, after plastic pollution

Environment Minister Steven Guilbeault is ordering all petrochemical companies in Sarnia, Ontario, to control leaks of the chemical benzene

Prime Minister Justin Trudeau says Opposition Leader Pierre Poilievre has pledged to scrap the price on carbon and the rebates associated with Ottawa's program at a time when parts of the country are ablaze with early-season wildfires. Poilievre speaks during a Canada Strong and Free Network event in Ottawa, on Thursday, April 11, 2024. THE CANADIAN PRESS/Spencer Colby
ClimateEconomyLegislationPoliticsWeather

Canada’s PM says rival would rather ‘watch the country burn’ than fight climate change

Canada's Prime Minister Justin Trudeau says Opposition Leader Pierre Poilievre's pledges to axe carbon pricing come at a time of wildfires and other...

AnalysisClimateEnvironmentIn-DepthWeather

Holdover wildfires: Why B.C. may see more overwinter fires this season

Wildfire officials in British Columbia have expressed concern that last year's record fire season, along with continued drought conditions, will mean more holdover...

A general view of the Munich International Airport a day before VERDI union called airport workers at Frankfurt, Munich, Stuttgart, Hamburg, Dortmund, Hanover and Bremen airports to go on a 24-hour strike on Friday, in Germany, February 16, 2023. REUTERS/Leonhard Simon/File Photo
AviationClimate

Eight arrested after climate activists breach German airport

German police arrested climate activists who breached the grounds of Munich airport, causing the airport to close

An Ineos hydrogen-fuelled Grenadier car is driven on a test track during a 'Roadmap to Decarbonisation' event (AFP)
AutomotiveHydrogenIn-DepthTransport

Ineos drives towards hydrogen car future

Ineos showcases hydrogen-powered Grenadier 4x4, but admits infrastructure isn't in place yet to see them widely used

FILE PHOTO: A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016. REUTERS/Fabrizio Bensch/File Photo
Electric Vehicles

VW and Renault end talks to develop affordable EV, sources say

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
AnalysisBusiness

BHP needs to bid about 32 pounds a share for Anglo

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets,...

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
BusinessElectric Vehicles

Council approves Tesla’s revised plan to expand plant near Berlin

A council in Germany, outside of Berlin, approved a plan by electric carmaker Tesla to expand the grounds of its first plant in...

EconomyNatural GasOilPoliticsTradeTransmission

Putin: Oil pipeline could run alongside planned gas link to China

MOSCOW — Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on...

An Xpeng AeroHT X2 Flying Car on display in Hong Kong at the launch of Xpeng vehicles into the city for the first time (AFP)
Electric Vehicles

US tariffs on Chinese EVs hurt green transition: XPeng boss

The president of EV maker XPeng has criticised tariffs on Chinese cars imposed by Washington as "unfavourable" for the US energy transition

FILE PHOTO: XPENG Motors (Guangzou Xiaopeng Motors Technology) logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Carbon CaptureElectric Vehicles

Xpeng says US tariffs on Chinese EV detrimental to meeting carbon neutrality

The overseas expansion is overshadowed by an anti-subsidy probe launched by the EU into EV imports from China, as well as U.S. tariff...

FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo
AutomotiveElectric VehiclesTransport

Musk pushes plan for China data to power Tesla’s AI ambitions

Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric VehiclesTransport

GM, LG agree $150m relief fund for Chevy Bolt EV owners over faulty batteries

General Motors and South Korea's LG Electronics agreed a $150m fund to provide relief to Chevy Bolt EV owners affected by defective batteries

FILE PHOTO: A drone shows flooded streets at the centre of Porto Alegre, Rio Grande do Sul, Brazil, May 7, 2024. REUTERS/Diego Vara/File Photo
ClimateEconomyMaritimeTransportWeather

Cargo shipments slow at Brazil southern port amid flooding: officials

The Rio Grande port authority said the impact of excess rains and heavy flooding on cargo shipments will only be possible to assess...

FILE PHOTO: Consumers shop at a weekly street market in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/File Photo
AgricultureClimateEconomyPoliticsWeather

Brazil’s government hikes 2024 GDP forecast, sees higher inflation

Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining...

FILE PHOTO: An oil tanker sails on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo
BusinessOilPoliticsTrade

US to favor existing investors for Venezuela oil licenses: sources

The move appears designed to encourage companies that have projects frozen because of U.S. sanctions, such as Italy's Eni and Spain's Repsol, to...

FILE PHOTO: Magda Chambriard, director of the ANP oil agency, attends a news conference in Rio de Janeiro May 23, 2013.    REUTERS/Ricardo Moraes/File Photo
AnalysisBusinessEconomyIn-DepthLabourOilPolitics

Magda Chambriard, new Petrobras CEO, tasked with firing up job creation in Brazil

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was...

Flooding has claimed nearly 150 lives and displaced hundreds of thousands of people (AFP)
ClimateElectionsPoliticsResiliencyWeather

Floods unite Brazilians in solidarity despite political rift

At a former railway station in Rio de Janeiro, a fast-growing mountain of food, bottled water and clothes donated to Brazil's thousands of...

FILE PHOTO: White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, U.S., April 9, 2024. REUTERS/Kevin Lamarque/File Photo
ElectricityNuclearPoliticsTrade

How might a US-Saudi civil nuclear deal work?

US National Security Adviser will visit Saudi Arabia this weekend for talks expected to touch on a civil nuclear cooperation agreement

AnalysisCoalEconomyElectricityEmissionsFinanceInfrastructureLabourOpinionPoliticsTransmission

South Africa’s plan to move away from coal: 8 steps to make it succeed

Opinion: South Africa's plan to transition from coal to renewable energy sources must include mobilizing different forms of international finance, investing in new...

AgricultureBiofuelsElectricityEmissionsTransmissionUtilities

Electricity from farm waste: how biogas could help Malawians with no power

Ehiaze Ehimen and Thomas Robin study energy efficiency and energy poverty in marginalised communities. They unpack what they found in their research into...

FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo
Climate

IMF reaches agreement with Tanzania on climate financing

The concessional financing under the IMF's Resilience and Sustainability Facility is subject to approval by the Fund's executive board

Energy Minister Saad al-Kaabi sets out QatarEnergy's plans to boost LNG production capacity at the Qatar Economic Forum in Doha (AFP)
Liquefied Natural GasNatural GasTrade

Qatar eyes more long-term gas supply deals this year

Energy Minister says Qatar LNG business is booming with 25m tonnes secured last year and 'huge demand' on the horizon.

FILE - Bleached coral is visible at the Flower Garden Banks National Marine Sanctuary, off the coast of Galveston, Texas, in the Gulf of Mexico, Sept. 16, 2023. Ocean temperatures that have gone “crazy haywire” hot, especially in the Atlantic, are close to making the current global coral bleaching event the worst in history. It's so bad that scientists are hoping for a few hurricanes to cool things off. (AP Photo/LM Otero, File)
BiodiversityClimateEnvironment

Experts say coral reef bleaching near record level globally because of ‘crazy’ ocean heat

Ocean temperatures have gone so "crazy haywire" hot that scientists are hoping for a few hurricanes to cool things off.

FILE PHOTO: International Monetary Fund spokesperson Julie Kozack speaks to reporters at the IMF's headquarters, ahead of the joint IMF-World Bank annual meetings in Marrakech, Morocco taking place on October 9-15, in Washington, U.S. September 28, 2023. REUTERS/Andrea Shalal/File Photo
EconomyPoliticsSolarTrade

IMF: U.S. should keep open trade, work with China to resolve disputes

The International Monetary Fund says the U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties...

Petrobas CEO Jean Paul Prates (L) speaks during the CERAWeek oil summit in Houston, Texas in March 2024 (AFP)
OilPolitics

Chief of state oil company dismissed in Brazil

Jean Paul Prates, an ally of President Lula, dismissed after spat with shareholders over dividend payments.

Gaston County resident Kristal Lee, 41, said she has been losing sleep since learning about the planned mine in her vicinity (AFP)
Electric VehiclesEnvironmentMining

Push for new US lithium mine leaves some Americans wary

North Carolina lithium project causing sleepless nights, pollution worries and more for neighbours of proposed mine.

FILE - A woman watches the sun set on a hot day, Aug. 20, 2023, in Kansas City, Mo. A new study on Tuesday, May 14, 2024, finds that the broiling summer of 2023 was the hottest in the Northern Hemisphere in more than 2,000 years. (AP Photo/Charlie Riedel, File)
AnalysisClimateEmissionsWeather

Hot history: Tree rings show that last northern summer was the warmest since year 1

The broiling summer of 2023 was the hottest in the Northern Hemisphere in more than 2,000 years, a new study published in the...