Tuesday, 21 January 2025

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Hydro power lines are shown just outside Winnipeg, Monday, May 1, 2018. Manitoba Premier Wab Kinew says a rate freeze on electricity in 2025 is achievable, despite another forecasted financial loss at Crown-owned Manitoba Hydro. THE CANADIAN PRESS/John Woods
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Manitoba government questioned over push for rate freeze on electricity

Manitoba Hydro posted a net loss of $157 million in the last fiscal year and is set to end up in the red...

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)LabourNewsTransport

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang has rejected the claim about workers in slavery-like conditions in a Brazil factory.

Many countries were hit by record-breaking floods, cyclones and other climate-related disasters in 2024 (AFP)
AnalysisClimateEnvironmentNewsResiliencyWeather

‘Dangerous new era’: climate change spurs disaster in 2024

Nowhere was spared the devastating impact of supercharged climate disasters in 2024.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Brazil says workers at China’s BYD site are victims of human trafficking

BYD affiliate Jinjiang said that the portrayal of the workers as "enslaved" was inaccurate.

Australian firefighters say they are fighting to control a bushfire racing through a national park that has consumed an area the size of Singapore (STATE CONTROL CENTRE - VICTORIA EMERGENCY SERVICES)
ClimateEmissionsEnvironmentNews

Australian bushfire burns area the size of Singapore

Firefighters in Victoria fight a massive bushfire in Grampians National Park, burning 74,000 hectares — about the size of Singapore.

FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019.   REUTERS/Carlo Allegri/File Photo
ClimateCoalCourtsEmissionsFuelLegislationNatural GasNewsOilPoliticsResiliency

New York to fine fossil fuel companies $75 billion under new climate law

The law is intended to shift some of the costs of climate change from individual taxpayers to fossil fuel firms.

FILE PHOTO: The headquarters of Petroleos del Peru (Petroperu), a state company dedicated to the refining, distribution and marketing of fuels, is seen at the district of San Isidro in Lima, Peru, May 4, 2017. REUTERS/Mariana Bazo/File Photo
ClimateEnvironmentFuelNewsOil

Peru declares environmental emergency after oil spill

State oil firm Petroperu spilled a crude oil shipment into surrounding waters of the Pacific Ocean last weekend.

FILE PHOTO: Russian President Vladimir Putin attends a meeting of the Supreme Eurasian Economic Council at the Igora resort in the Leningrad region, Russia, December 26, 2024. Sputnik/Gavriil Grigorov/Pool via REUTERS/File Photo
EconomyNatural GasNewsPoliticsTrade

Putin says there is no time to sign new Ukraine gas transit deal this year

The current five-year gas transit deal between Russia and Ukraine expires in the end of the year.

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