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CEO of French-Italian computer chip maker STMicroelectronics Jean-Marc Chery, CEO of German computer chip maker Infineon Jochen Hanebeck, CEO of Dutch computer chip maker NXP Kurt Sievers and Executive Director for Industrial Production of Jaguar Land Rover Barbara Bergmeier attend a panel at the Electronica & SEMICON Europa conference, in Munich, Germany November 11, 2024. REUTERS/Toby Sterling
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsStorageTrade

CEOs of European chip makers concerned about nationalist industrial policies

The CEOs of Europe’s top chipmakers warn that nationalist semiconductor policies in the U.S., China, and Europe hinder global business.

FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City.
BusinessElectricityNewsSolarUtilitiesWind

Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says

Hedge funds bought bank stocks and bet against renewable energy after Trump's election win, Goldman Sachs notes.

A Hydro-Québec truck is seen in Montreal, Sept.1, 2023. THE CANADIAN PRESS/Christinne Musch
BusinessElectricityIndigenousNewsPoliticsUtilitiesWind

Quebec First Nation says government, Hydro-Québec left it out of wind projects

Huron-Wendat Nation alleges Quebec, Hydro-Québec ignored duty to consult on wind projects; Wolastoqiyik Wahsipekuk disputes.

FILE - People walk through floodwaters following a dam collapse in Maiduguri, Nigeria, Tuesday, Sept 10, 2024. (AP Photos/ Joshua Olatunji, File)
Climate FinanceCoalElectricityFuelNewsOil

Multilateral banks are key to financing the fight against global warming. Here is how they work

Multilateral banks play a crucial role in climate finance, but trillions are needed for developing countries' energy transition.

Republican presidential nominee former President Donald Trump gestures at a campaign rally at the Santander Arena.
BiodiversityElectricityEnvironmentNewsOffshore WindPolitics

Trump has vowed to kill offshore wind in the US. Will he succeed?

Trump vows to end offshore wind projects, but major companies brace for a fight, pledging cooperation with Congress.

FILE PHOTO: A power transmission tower is seen, with the Bharia Icon Tower in the background, a day after a country-wide power breakdown, in Karachi, Pakistan, January 24, 2023. REUTERS/Akhtar Soomro/File Photo
EconomyElectricityNatural GasNewsRegulationsSolarWind

Pakistan to slash winter power tariffs to spur demand, cut gas use

Pakistan will cut winter electricity tariffs to reduce gas use and promote a shift toward clean energy.

A pumpjack operates at a drilling site in Baku, Azerbaijan.
Climate FinanceEmissionsHydropowerNewsOilRegulationsSolarWind

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

Countries will gather in Azerbaijan for COP29 — a place that was one of the birthplaces of the oil industry.

FILE PHOTO: A countdown display for the COP29 United Nations Climate Change Conference is set in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov//File Photo
ClimateClimate FinanceElectricityLegislationNatural GasNewsOilSolarWind

Explainer: Who are the key voices at the COP29 climate summit in Baku?

Nearly 200 countries meet at COP29 in Baku, Azerbaijan, to negotiate climate action with major blocs and leaders.

Miniatures of solar panel and electric pole are seen in front of Enphase logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectric Vehicles (EVs)ElectricityLabourManufacturingNewsSolarStorage

Enphase Energy to lay off 17% of workforce

Enphase Energy will cut its global workforce by about 17 per cent, impacting about 500 employees and contractors, the solar inverter maker disclosed...

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