Focus on News
Four of Canada’s biggest banks leave climate alliance
The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.
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.
Republican-led states sue Biden administration over offshore drilling ban
Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.
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.
A battery plant fire in California started during a boom for energy storage
A major California battery plant fire burned thousands of lithium batteries, a growing renewable energy source.
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.
Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion
The U.S. DOE finalized a $996M loan for ioneer’s Rhyolite Ridge lithium project, boosting domestic EV battery material supply.
BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance
BMO becomes the first Canadian bank to exit the NZBA, following similar moves by major U.S. lenders under political pressure.
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.
Carmakers at India auto show unveil charging network plans, new EVs
India’s auto giants Maruti, Tata, and Hyundai unveiled plans at the New Delhi Auto Show to expand EV charging networks nationwide.
