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EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress (LEHTIKUVA)
AutomotiveElectric Vehicles (EVs)In-DepthLegislationNewsPoliticsTransport

EU election could force sharp turn in electric car policy

EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress

The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (AFP)
AutomotiveIn-DepthLabourNewsTransport

Europe’s auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European auto suppliers are announcing cuts

Environmental activist Roberto Rojo stands next to metal columns inside a cave supporting Mexico's controversial Maya Train (AFP)
EnvironmentInfrastructureNewsRail

Mexico tourist train a ‘nightmare’ for environment, activists say

Maya Train project, a flagship scheme of outgoing President López Obrador, criticised as 'ecocide' by campaigners hoping to protect subterranean ecosystem.

TotalEnergies is accused of involuntary manslaughter and non-assistence to people in danger (AFP)
BusinessCourtsLiquefied Natural GasNews

France probes TotalEnergies over 2021 Mozambique attack

Jihadist attack near TotalEnergies' Mozambique LNG project in 2021 now being investigated by French prosecutors after families and survivors say company failed to...

A record-breaking heatwave is broiling parts of Asia, helping drive surging demand for cooling options, including air-conditioning (AFP)
ClimateNewsWeather

Heatwave swells Asia’s appetite for air-conditioning

Forecasts suggest that higher temperatures could see the number of air-conditioning units in Southeast Asia jump to 300 million by 2040

Exports to Europe have long been Gazprom's top earnings source (AFP)
BusinessEconomyFinanceNatural GasNewsPolitics

Record loss for Russia’s Gazprom as European market closed

Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to...

The report found only about one in five of banks surveyed had significantly reduced exposure to the coal sector since 2016 (AFP)
BusinessCoalFinanceNews

Banks slow to limit coal financing: NGO

Environmental group Urgewald's coal report shows banks continue to lend billions to the fossil fuel industry, jeopardising Paris Agreement goals.

The wind energy sector is plagued by numerous problems, such as soaring interest rates, rising material costs and supply chain disruptions. (AFP)
BusinessNewsWind

Wind energy giant Vestas swings to loss in first quarter

'Continued geopolitical volatility' blame for Vestas first quarter results showing €75m loss.

TotalEnergies chief executive Patrick Pouyanne has floated the idea of moving the group's main listing from Paris to New York (AFP)
BusinessNatural GasNewsOil

France to ‘fight’ TotalEnergies New York listing

French Finance Minister vows to keep oil and gas giant Total Energies' New York move at bay after CEO proposed stock listing change.

Shell's earnings fell as gas prices dropped (AFP)
BusinessNewsOil

Shell logs ‘strong’ quarter as earnings fall but top expectations

The energy major insisted it remained on track to become a net zero company by 2050, but its results sparked fresh anger from...

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