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FILE PHOTO: Containers are seen stacked up on the container ship MSC Maria Elena at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman/File Photo
BusinessEmissionsIndustryManufacturingNews

Maersk parent to invest $1.7B in fossil-free plastics plant at Antwerp port

A.P. Moller Holding, majority owner of shipping giant Maersk, plans an initial investment of $1.7 billion to build a fossil-free plastics plant in...

Sheets of copper cathode are pictured at BHP Billiton's Escondida, the world's biggest copper mine, in Antofagasta, Chile March 31, 2008. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndigenousIndustryInfrastructureLegislationMiningNewsRegulations

BHP expects copper demand to grow by one million metric tons a year until 2035

BHP forecasts global copper demand to double by 2035 due to tech adoption, despite mining constraints and rising costs.

U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingNewsPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

Biden says his opposition to Nippon's bid for U.S. Steel hasn't changed despite a decision by his administration to extend a national security...

FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
AutomotiveElectric Vehicles (EVs)News

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

The sales of new fully electric or hybrid cars in Brazil are expected to surpass sales of vehicles run on combustion engines in...

FILE PHOTO: President and CEO of Cenovus Energy Alex Pourbaix speaks at the TD Securities Calgary Energy Conference in Calgary, Alberta, Canada, July 9, 2019.  REUTERS/Todd Korol/File Photo
BusinessCarbon ManagementEmissionsNatural GasNewsOilRegulations

US-based Cenovus refinery to pay penalty for violating emissions rules

Cenovus Energy’s Ohio refinery to pay $19M and invest $150M after violating U.S. emissions rules, per authorities.

FILE PHOTO: A felled tree is seen in the middle of a deforested area of the Yari plains, in Caqueta, Colombia March 3, 2021. REUTERS/Luisa Gonzalez/File Photo
BusinessClimateEconomyElectricityEmissionsFuelLegislationNewsPoliticsRegulations

Colombia launches $40 billion investment portfolio for energy, climate transition

Colombia launches a $40B investment portfolio for eco-tourism, fair energy transition, and ecosystem restoration.

FILE PHOTO: The BYD logo is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV Dolphin Mini in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

Chinese automaker BYD seeks further easing of Mexico EV tariffs

Chinese automaker BYD seeks tariff relief extension for EV imports in Mexico as it plans a new manufacturing plant.

FILE PHOTO: The sun rises as fishermen gather clams and bait in Pemba, Mozambique, July 12, 2018. Picture taken July 12, 2018. REUTERS/Mike Hutchings/File Photo
AnalysisBiodiversityClimateEconomyEnvironmentIndigenousPoliticsResiliency

African countries eye world’s first joint ‘debt-for-nature’ swap

At least five African nations are planning a joint $2B debt-for-nature swap to protect a vital Indian Ocean ecosystem.

FILE PHOTO: A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. Picture taken October 20, 2021. REUTERS/Yilei Sun/File Photo
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

Evergrande EV unit’s liquidators still in talks with potential stake buyers

China Evergrande's EV arm is still negotiating with a potential buyer for a stake and credit line to support production.

FILE PHOTO: A windfarm is seen on Anglesey, north Wales May 2, 2011.  REUTERS/Toby Melville/File Photo
BusinessElectricityNewsSolarWind

Octopus Energy to invest $2.7 billion in UK clean energy

UK's Octopus Energy announced on Thursday it will invest £2 billion ($2.7 billion) in British clean energy projects by 2030.

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