Focus on Finance
Renault CEO says sector could face billions in fines as EV sales slow
Europe's auto industry could face fines of 15bn euros for carbon emission due to slowing demand for EVs, Renault CEO Luca de Meo...
ADB to devote half its lending to climate finance by 2030
Asian Development Bank hikes climate financing ambitions with a $100bn target and plan to boost private sector projects.
Texas gas plant proposal rejected from state financing program
Texas energy regulators denied public funding for Aegle Power's 1.3 GW natural gas plant, citing due diligence failures.
Yellen warns ending US clean energy tax credits would raise consumer costs
Treasury Secretary Yellen warns that reversing Biden's clean energy tax credits would raise costs, hurt U.S. jobs, and benefit China.
£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says
British MPs debate the creation of publicly owned GB Energy, clashing claims of energy security with fears of a taxpayer black hole.
Indonesia’s president urges investment in green economy
President Joko Widodo flaunts Indonesia's potential for renewable energy projects and carbon mitigation schemes.
Trafigura extends notice period in traders contracts to 6-month minimum: sources
Trafigura has extended traders' notice period to six months to a year amid rival interest in metals trading.
