Wednesday, 22 January 2025

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FILE PHOTO: Wind turbines are seen in front of the Atlantic Ocean at a wind farm in the Serra da Capelada, near Ferrol, Galicia, Spain, September 13, 2024. REUTERS/Nacho Doce/File Photo
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Spanish region approves mandatory wind turbine upgrade, sparking industry outcry

Galicia mandates replacement of wind turbines after 25 years, sparking backlash from the renewables industry over legal uncertainties.

FILE PHOTO: People charge their electric cars at a Tesla super charging station next to an EVgo electric charging location in Carlsbad, California, U.S., March 7, 2022.    REUTERS/Mike Blake/File Photo
AutomotiveElectric Vehicles (EVs)Natural GasNewsOilRegulationsReports

US government agencies fail to meet fleet EV targets, GAO report says

U.S. government agencies failed to meet government fleet electric vehicle purchase targets, a Government Accountability Office report released Tuesday said.

Honda's electric vehicle (EV) e:NS2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Honda aims to double hybrid car sales by 2030 as ‘bridge’ to EV era

Honda plans to double hybrid car sales to 1.3 million annually by 2030, using hybrids as a bridge until EVs gain traction.

The complete removal of diesel passenger trains is now slated for 2045 (PA)
BusinessClimateEconomyEmissionsEnvironmentIndustryInfrastructureNewsRailRegulations

Scottish govt delays passenger trains decarbonization target by a decade to 2045

The Scottish government has delayed its target for decarbonising passenger trains from 2035 to 2045 due to budget constraints.

Canada's Prime Minister Justin Trudeau speaks at the Laurier Club holiday party in Gatineau, Quebec, Canada, December 16, 2024.  REUTERS/Patrick Doyle/File photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityIndustryInfrastructureNewsRegulationsSolarTrade

Canada to impose more tariffs on import of Chinese solar, critical minerals in new year

Canada plans new tariffs on Chinese solar products and critical minerals in 2025, expanding existing duties on EVs and steel imports.

FILE PHOTO: People walk next to the N.13 gate of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 15, 2024. REUTERS/Remo Casilli/File Photo
AutomotiveBusinessEconomyIndustryManufacturingNewsTrade

Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy

Stellantis plans to produce a new mass-market model in Italy, boosting hybrid production amid improving relations with the government.

Logged area is pictured near a site where environmental activists take action in the defence of one of the last primeval forests in Europe, Bialowieza forest, Poland May 24, 2017. REUTERS/Kacper Pempel/ File Photo
AutomotiveAviationBiodiversityBusinessClimateEconomyEmissionsEnvironmentIndigenousIndustryLegislationNewsRegulationsResiliencyTradeTransportWeather

EU Parliament gives final approval to deforestation law delay

The EU Parliament approved a one-year delay for its deforestation law, set to ban imports linked to forest destruction starting in 2025.

An employee of a wastewater treatment plant on the island of Psyttalia, Greece December 2, 2020. Picture taken December 2, 2020. REUTERS/Stelios Misinas/ File Photo
BusinessCarbon ManagementClimateEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsResiliencyVoluntary Carbon Markets (VCMs)

Climate tech firms get $80 million to pull carbon from paper mills, sewage plant

Google, H&M, and Stripe will buy $80M in carbon credits from firms using tech to capture emissions from paper mills and sewage plants.

Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
BusinessClimateEconomyElectricityEmissionsEnvironmentFinanceFuelIndustryInfrastructureNewsPolitics

Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

FILE PHOTO: A view of the Amazon rainforest at the lagoon of the Yasuni National Park in the Pastaza province, in Ecuador, July 29, 2023. REUTERS/Karen Toro/File Photo
BiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulationsResiliency

Ecuador completes $1.5 billion debt swap for Amazon conservation

Ecuador's second debt-for-nature swap unlocks $460M for Amazon conservation, aiming to protect 4.6M hectares of ecosystems.

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