Reuters
Chinese EV makers extend buying incentives as price war enters third year
The incentives are intended to encourage purchases before the government subsidy schemes for the new year start.
In 2024, China saw warmest year in decades
China recorded its warmest year on record in 2024, with an average temperature of 10.92 degrees Celsius, impacting energy and agriculture.
Citigroup joins US lenders in exiting Net-Zero Banking Alliance
This move makes Citigroup the third major U.S. lender to exit the group after Wells Fargo and Goldman Sachs.
PJM responds to Pennsylvania Governor’s complaint over power market rules
PJM Interconnection responded to PA Governor Shapiro's complaint, citing power shortages due to rapid data center expansion.
US to issue hydrogen credit rule this week, with path for nuclear, sources say
The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, sources told Reuters.
Europe’s Russian gas era comes to an end as Ukraine transit stops
Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.
Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far
Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...
Ford to recall 20,484 hybrid SUVs over battery concern
The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024.
Tesla to fix software for 77,650 China-made vehicles, says market regulator
Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China's market regulator said on Tuesday.
Pennsylvania governor complains to regulator about PJM’s power market rules
Pennsylvania Governor Josh Shapiro has filed a complaint against PJM Interconnection, urging changes to prevent soaring electricity costs.
