Reuters
EV startup Canoo files for bankruptcy, to cease operations
The EV startup has been facing rapid cash burn and a struggle to secure funding amid uncertain demand.
US FTC finalizes consent order for $53 billion Chevron-Hess merger
The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.
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.
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.
Volkswagen looking to deepen partnership with Rivian, Spiegel reports
"For example, we are thinking about sharing modules and bundling purchasing volumes," VW CEO Oliver Blume said.
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.
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.
Biden administration moves to protect more of Alaska refuge from drilling
Biden moves to protect more of Alaska's ANWR from drilling, complicating Trump's pro-oil development plans.
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.
