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

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.

COP29 President Mukhtar Babayev is seated, delivering a speech, with two attendants visible behind him.
Climate FinanceEmissionsEnvironmentNatural GasNewsOilUnited Nations

COP29 president blames rich countries for ‘imperfect’ deal

The contentious deal on Sunday saw wealthy polluters pledge $300B annually to support developing countries.

Around a hundred employees gathered in front of the site near Reims to protest against the plans (AFP)
BusinessEconomyGreen SteelIndustryNews

Steelmaker ArcelorMittal to close two plants in France: unions

ArcelorMittal to shut two French plants by June, citing declining demand from industrial clients, affecting over 130 jobs.

Leaders and delegates arrive for a family photo during the United Nations Climate Change Conference (COP29).
BiodiversityClimate FinanceEmissionsEnvironmentNews

COP29: Failure haunts UN environment conferences

Negotiators at COP29 in Baku struggle for a deal, continuing a history of failed or contentious climate summits.

Indian Prime Minister Narendra Modi greets people holding Indian flags as he arrives in Guyana on November 19, 2024 (Prensa Pesidencial Guyana)
BusinessEconomyNewsOilRegulationsTrade

Indian PM Modi highlights interest in Guyana’s oil

India seeks oil from Guyana, citing rising energy needs, as the two nations sign agreements on energy, agriculture, and defense cooperation.

Volkswagen workers staged a colourful protest against planned cost cuts (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Volkswagen workers head towards strikes from December

Volkswagen unions plan warning strikes from Dec. 1 as talks stall over factory closures and cost-cutting amid electric transition woes.

Climate finance from developed to developing countries (AFP)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsUnited Nations

Crunch time: What still needs to be hammered out at COP29?

COP29 debates how developed nations will fund $1 trillion yearly for developing countries by 2030, including grants vs. loans and fairness.

US auto executives are preparing for a potential pullback on electric vehicle mandates under the incoming Trump administration (AFP)
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Awaiting Trump, US auto execs further temper EV push

US automakers may slow EV production as Trump targets Biden's climate policies, including the $7,500 EV tax credit from the Inflation Reduction Act.

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

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.

US President Joe Biden promoted his record on combatting climate change (AFP)
ClimateEconomyEmissionsNewsPolitics

‘Nobody can reverse’ US progress on clean energy: Biden

In Brazil, Biden touts U.S. "clean energy revolution," saying, "nobody can reverse it," ahead of Trump’s presidency in January.

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