Tuesday, 3 December 2024
A person walks outside the headquarters of lidar sensor maker Hesai Group in Shanghai, China November 26, 2024. REUTERS/Zoey Zhang/Files
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsReportsSemiconductorTrade

Chinese lidar sensors pose hacking risk to US defence equipment, report says

A report warns Chinese-made lidar in U.S. defence gear risks hacking, urging bans and allied efforts to build secure supply chains.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryRegulationsSemiconductor

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.

A man walks under a tree blocking a lane in the Rock Dundo neighborhood after Tropical Storm Bret passed north of the island, in Bridgetown, Barbados June 22, 2023.  REUTERS/Nigel R. Browne/ File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousResiliency

Barbados completes world first debt swap for climate resilience

Barbados completes the first debt-for-climate swap, unlocking $125M for water resilience and climate adaptation projects.

The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessCarbon ManagementEmissionsEnvironmentManufacturingRegulations

Amazon to pilot AI-designed material for carbon removal

Amazon will pilot AI-designed carbon-removal materials in data centers by 2025, tackling emissions from growing AI demands.

Workers facing redundancy at Grangemouth oil refinery have the ‘sought-after skills’ to work on improving Scotland’s electricity networks, ScottishPower has said (Gareth Fuller/PA)
BusinessEconomyElectricityLabourOilPolitics

Grangemouth workers have ‘sought-after skills’ for power grid work, says ScottishPower

ScottishPower seeks skilled workers from Grangemouth refinery and ISG layoffs for 1,000 jobs in Scotland's grid upgrade.

An image of workers protesting outside a VW building.
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingTrade

From China woes to EV troubles, VW faces rocky road

Chinese EV makers like BYD thrive with tech-packed models, while VW struggles with its electric transition.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisBusinessEconomyOilPoliticsRegulationsTrade

Trump’s low oil price promise is a risk and a boon for emerging markets

Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.

FILE PHOTO: A technician repairs power supply lines at a power plant of Adani Power at Mundra Port in the western Indian state of Gujarat April 2, 2014. REUTERS/Amit Dave/File Photo
BusinessEconomyElectricityPoliticsRegulations

Bangladesh halves power buying from India’s Adani amid payment dispute

Bangladesh halves Adani Power imports amid payment disputes, high costs, and lower winter demand, straining a key energy deal.

The Tesla Cybercab is displayed at a Tesla store in Berlin, Germany, November 20, 2024. REUTERS/Liesa Johannssen
AutomotiveBusinessElectionsElectric Vehicles (EVs)

Tesla leads November’s global market value surge

Tesla's value rose 38.1% to $1.1T on reports of Trump's transition team plans to ease self-driving car rules.

Rodolfo Hernandez, a 69-year-old farmer, crosses the Rio Indio on his horse at Tres Hermanas community, one of the towns that will be drowned if a project led by the Panama Canal Authority (ACP) to build a new water reservoir moves forward, in Capira, Panama.
AutomotiveBusinessEnvironmentResiliencyTradeWeather

Threatened by climate change, Panama Canal has big plans to deal with drought

The Panama Canal plans a $1.6B reservoir to tackle drought but faces opposition.

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisBusinessEconomyOilPoliticsRegulationsTrade

Trump’s low oil price promise is a risk and a boon for emerging markets

Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.

FILE PHOTO: Workers inspect solar panels at a photovoltaic power station on a hill in Linyi, Shandong province, China August 11, 2018. Picture taken August 11, 2018. REUTERS/Stringer/File Photo
AnalysisBusinessEconomyElectricityPoliticsRegulationsSolarTrade

New US solar tariffs on Southeast Asia to raise prices, cut profit margins

U.S. expands solar tariffs to Southeast Asian imports, pressuring costs but spurring domestic production, analysts say.

AnalysisCoalEconomyEfficiencyElectricityInfrastructureSolarStorageTransmissionUtilitiesWind

Australia’s electricity market is getting a big makeover – and these three changes will make it future-proof

Australia’s electricity market needs urgent reform to align with renewable energy and net-zero goals, doubling grid capacity for future needs.

Jeep vehicles are displayed at the showroom of a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingTrade

Seeking higher margins, Stellantis CEO Tavares lost some core customers

Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.

India is building what it boasts will be the world's largest renewable power plant (AFP)
AnalysisBusinessCoalEconomyElectricityIndustryManufacturingPoliticsRegulationsSemiconductorSolarStorageUtilities

Glittering dreams: India’s big push for solar power

India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.

Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania (AFP)
BusinessEconomyIndustryManufacturingPoliticsRegulations

Trump says will ‘block’ Nippon Steel from taking over US Steel

Trump vows to block Nippon Steel's $14.9B US Steel takeover, citing protectionism, as Biden review nears conclusion.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)Semiconductor

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

FILE PHOTO: A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018.  REUTERS/Chris Keane/File Photo
BusinessCoalEconomyElectricityEmissionsEnvironmentLegislationNatural GasPoliticsRegulationsSolarUtilitiesWind

Duke pauses assessment of US energy loan program ahead of Trump administration

Duke Energy pauses U.S. infrastructure loan assessment, citing uncertainty over the future of IRA funding under Trump administration.

US National Security Advisor Jake Sullivan said the curbs were taken to prevent adversaries from using American technology in ways that threaten national security (AFP)
BusinessEconomyIndustryPoliticsRegulationsSemiconductorSolarStorageTrade

US unveils fresh export curbs targeting China’s chip sector

The U.S. tightens export controls on AI chips and semiconductor tools to curb China’s tech advances in military and AI.

A person walks outside the headquarters of lidar sensor maker Hesai Group in Shanghai, China November 26, 2024. REUTERS/Zoey Zhang/Files
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsReportsSemiconductorTrade

Chinese lidar sensors pose hacking risk to US defence equipment, report says

A report warns Chinese-made lidar in U.S. defence gear risks hacking, urging bans and allied efforts to build secure supply chains.

Power lines are seen against cloudy skies near Murvale, Ont., northwest of Kingston, Wednesday, Sept. 7, 2022. THE CANADIAN PRESS/Adrian Wyld
BusinessEfficiencyElectricityEmissionsGreen SteelNatural GasNuclear PowerStorageUtilities

Ontario says federal clean electricity regulations would add $35B in costs

Ontario challenges federal electricity rules, citing $35B in added costs by 2050, rising bills, and feasibility concerns.

Canada's environment minister Steven Guilbeault says he's disappointed that international negotiations on a treaty to end plastic pollution finished this week without an agreement. Guilbeault arrives to a caucus meeting on Parliament Hill in Ottawa, Wednesday, Nov. 27, 2024. THE CANADIAN PRESS/Sean Kilpatrick
BiodiversityEmissionsEnvironmentFuelManufacturingUnited Nations

Canada’s Guilbeault disappointed plastic treaty talks end with no agreement

'We can't give up. We have to keep trying,' Canada's Environment Minster Steven Guilbeault said on Sunday.

Alberta Premier Danielle Smith introduces legislation addressing agreements between the federal government and provincial entities in Edmonton on Wednesday April 10, 2024. THE CANADIAN PRESS/Jason Frans
CourtsLegislationPolitics

Alberta taking federal government to court over revised impact assessment law

Alberta claims Ottawa has failed to follow through on necessary changes to a law governing resource development.

BusinessCritical MineralsEconomyElectricityMiningNuclear PowerPoliticsRegulationsTrade

Possible tariffs worry Canada uranium miners as they boost output to meet US demand

Canada's uranium miners boost output to meet U.S. demand after Russian curbs but fear Trump tariffs may inflate costs.

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
BusinessEconomyLiquefied Natural GasRegulationsTrade

US LNG exports to Europe surge in November on higher prices

U.S. LNG exports to Europe surged in November, with 68 per cent of shipments heading to the continent amid rising gas prices.

Workers facing redundancy at Grangemouth oil refinery have the ‘sought-after skills’ to work on improving Scotland’s electricity networks, ScottishPower has said (Gareth Fuller/PA)
BusinessEconomyElectricityLabourOilPolitics

Grangemouth workers have ‘sought-after skills’ for power grid work, says ScottishPower

ScottishPower seeks skilled workers from Grangemouth refinery and ISG layoffs for 1,000 jobs in Scotland's grid upgrade.

An image of workers protesting outside a VW building.
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingTrade

From China woes to EV troubles, VW faces rocky road

Chinese EV makers like BYD thrive with tech-packed models, while VW struggles with its electric transition.

Jeep vehicles are displayed at the showroom of a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingTrade

Seeking higher margins, Stellantis CEO Tavares lost some core customers

Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.

The sailboat 'Grain de Sail II' sails off Saint Malo, western France.
EmissionsManufacturingTradeWind

Sails make a comeback in shipping, to dent its huge carbon footprint

Mariners embrace wind power to cut shipping emissions and lead a cleaner future for global trade.

FILE PHOTO: A technician repairs power supply lines at a power plant of Adani Power at Mundra Port in the western Indian state of Gujarat April 2, 2014. REUTERS/Amit Dave/File Photo
BusinessEconomyElectricityPoliticsRegulations

Bangladesh halves power buying from India’s Adani amid payment dispute

Bangladesh halves Adani Power imports amid payment disputes, high costs, and lower winter demand, straining a key energy deal.

AnalysisCoalEconomyEfficiencyElectricityInfrastructureSolarStorageTransmissionUtilitiesWind

Australia’s electricity market is getting a big makeover – and these three changes will make it future-proof

Australia’s electricity market needs urgent reform to align with renewable energy and net-zero goals, doubling grid capacity for future needs.

Farmers walk by as steam rises from a geothermal power plant in Dieng, Central Java, Indonesia.
Climate FinanceElectricityEmissionsGeothermal

Financial and community hurdles slow geothermal energy development in Southeast Asia

Geothermal energy seems ideal for countries like Indonesia and the Philippines but faces financial, regulatory, and community roadblocks.

India is building what it boasts will be the world's largest renewable power plant (AFP)
AnalysisBusinessCoalEconomyElectricityIndustryManufacturingPoliticsRegulationsSemiconductorSolarStorageUtilities

Glittering dreams: India’s big push for solar power

India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.

AnalysisBuildingsEconomyEfficiencyElectric Vehicles (EVs)InfrastructurePoliticsRegulations

Live in an apartment and want to charge an electric car at home? Here are four ways to help that happen

Experts highlight grants, education, and streamlined planning as key to overcoming challenges in installing EV chargers in apartments.

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementNatural GasOilRegulations

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon, Hess, and CNOOC continue talks with Guyana on shallow-water block S8 amid earlier auction withdrawal confusion.

Rodolfo Hernandez, a 69-year-old farmer, crosses the Rio Indio on his horse at Tres Hermanas community, one of the towns that will be drowned if a project led by the Panama Canal Authority (ACP) to build a new water reservoir moves forward, in Capira, Panama.
AutomotiveBusinessEnvironmentResiliencyTradeWeather

Threatened by climate change, Panama Canal has big plans to deal with drought

The Panama Canal plans a $1.6B reservoir to tackle drought but faces opposition.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyMining

Chile’s Codelco boosts copper output in final dash to meet 2024 target, sources say

Codelco is ramping up copper output to meet 2024 targets after a weak first half, aiming for 1.331M tons, sources reveal.

The plants are to be situated in Bolivia's vast Uyuni salt flats (AFP)
BusinessCritical MineralsEconomyElectric Vehicles (EVs)RegulationsSemiconductorStorage

Bolivia announces $1 bn deal with China to build lithium plants

Bolivia signs $1B deal with China's CBC, a CATL subsidiary, to build two lithium carbonate plants in the southwest.

Guyana's booth is seen at the Offshore Technology Conference as Bharrat Jagdeo.
ManufacturingNatural GasOil

Guyana’s pick of new US startup faces hurdles to tap vast gas reserves

Doubts grow over Guyana’s choice of Fulcrum LNG to develop its untapped natural gas resources.

Faced with soaring petrol prices after an end to fuel subsidies, some Nigerians are convertng their cars to run on compressed natural gas (AFP)
AnalysisAutomotiveBusinessNatural Gas

Compressed natural gas vehicles gain slow momentum in Nigeria

Nigeria's government pushes CNG adoption to address fuel shortages, but slow conversions, safety, and costs hinder progress.

A parched field is pictured in Balkh province, Afghanistan.
Climate FinanceEnvironmentUnited NationsWeather

UN moves to unlock stuck climate financing for Afghanistan, agencies say

UN agencies push for climate funds for Afghanistan, stalled since the Taliban's 2021 takeover, officials say.

Botswana's newly elected President Duma Boko annuonced plans to diversify the diamond-dependent economy (AFP)
BusinessEconomyElectricityPoliticsRegulationsSolar

New Botswana leader eyes cannabis, sunshine to lift economy

Botswana's President Duma Boko unveils plans to diversify the economy via solar energy, medicinal cannabis, and tech innovation.

AnalysisEconomyElectric Vehicles (EVs)EmissionsEnvironmentTradeTransport

Electric vehicles in Africa: what’s needed to grow the sector

To make the most of the electric mobility revolution, sub-Saharan African countries need policies and incentives to localise production and invest in green...

A climate activist holds a placard as people call for climate justice resistance against oil and gas corporations and to end fossil fuels outside the Cape Town International Convention Centre during the Southern Africa Oil and Gas Conference in Cape Town, South Africa , September 13, 2023. REUTERS/Esa Alexander/File Photo
BusinessEmissionsEmissions MarketsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

South Africa’s revised carbon tax to be harsher but with more offsets, Treasury says

South Africa is one of the world's top 15 greenhouse gas emitters and the only country in Africa with a carbon tax.

People navigate among trash as they work in a program funded by Salvadoran government to clean the the El Cerron Grande reservoir in Potonico, El Salvador September 14, 2022. REUTERS/Jose Cabezas/File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousResiliency

Debt swaps gain momentum: How nations are funding conservation and climate action

Debt swaps are becoming a more widely used tool to help indebted countries raise money for conservation or climate-related projects.

FILE PHOTO: A passenger aircraft descends to land at Heathrow Airport in London, Britain, January 5, 2022. REUTERS/Toby Melville/File Photo
AnalysisAviationEconomyEmissionsEnvironmentReportsSustainable Aviation Fuel

Airlines not switching quickly enough to green jet fuel, study says

Study finds airlines lagging on sustainable jet fuel adoption, with limited oil industry investment stalling market growth.

A general view of the dried Cogoti reservoir, as water levels in the zone dropped to record lows, ahead of World Water Day at La Ligua area, in Coquimbo, Chile.
AgricultureBiodiversityClimate FinanceEmissionsEnvironment

UN calls for $2.6 trillion investment to reverse land degradation

Failure to restore degraded land harms U.N. efforts to cut emissions, protect biodiversity, and address agriculture's impacts.

A wide view of a flooded road showing seawater covering the pavement.
Climate FinanceEmissionsEnvironmentUnited Nations

A landmark climate change case will open at the top UN court as island nations fear rising seas

UN court to begin largest case in history, examining countries' legal duties to assist vulnerable nations with climate change.

South Korean Foreign Minister Cho Tae-yul speaks during a plenary of the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution in Busan, South Korea.
EmissionsEnvironmentLegislationManufacturingRegulations

Negotiators fail to reach an agreement on a plastic pollution treaty. Talks to resume next year

Negotiations in South Korea on a global plastic pollution treaty ended without an agreement and plan to resume next year.

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