Wednesday, 5 February 2025

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The Siemens Gamesa sign is displayed at the renewable energy company's headquarters in Zamudio, Spain, April 28, 2022. REUTERS/Vincent West
BusinessElectricityLabourNewsWind

Siemens Gamesa to cut 4,100 jobs in overhaul: CEO letter to staff

The job cuts plan, which was first reported by Spanish newspaper El Correo, comes shortly after Siemens Energy fleshed out major restructuring moves...

A pedestrian walks near the branch of Federal Reserve Bank of San Francisco, in Salt Lake City, Utah, U.S., April 7, 2023. REUTERS/Ann Saphir/ File Photo
AnalysisBusinessClimateConstructionEconomyLabourWeather

Climate change to have long-term economic impact: San Francisco Fed paper

An increase in the number of hot days as climate change warms the globe would likely damage the U.S. economy over the long-term,...

British Columbia's government says a $900 million project to create a hydrogen production and a provincewide refuelling network will create hundreds of jobs. B.C. Premier David Eby speaks during an announcement in a greenhouse at Westcoast Vegetables in Delta, B.C., on Monday, March 18, 2024. THE CANADIAN PRESS/Darryl Dyck
AutomotiveBusinessEconomyHydrogenInfrastructureLabourNewsPoliticsTransport

Hydrogen project in Canada’s B.C. will create nearly 300 jobs, cut emissions: premier

The British Columbia government says a $900 million project to create a network of hydrogen production plants and refuelling stations will create nearly...

The University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand. The campus of the University of Calgary, Saturday May 29, 2004. THE CANADIAN PRESS/Adrian Wyld
EconomyLabourNatural GasNewsOil

University of Calgary looks to relaunch oil engineering program after hiatus

The University of Calgary had earlier seen a decline in student interest in the program, which also coincided with an uptick in interest...

AnalysisBusinessCoalEconomyElectricityEmissionsFinanceInfrastructureLabourOpinionPoliticsTransmission

South Africa’s plan to move away from coal: 8 steps to make it succeed

Opinion: South Africa's plan to transition from coal to renewable energy sources must include mobilizing different forms of international finance, investing in new...

FILE PHOTO: Magda Chambriard, director of the ANP oil agency, attends a news conference in Rio de Janeiro May 23, 2013.    REUTERS/Ricardo Moraes/File Photo
AnalysisBusinessEconomyIn-DepthLabourNewsOilPolitics

Magda Chambriard, new Petrobras CEO, tasked with firing up job creation in Brazil

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was...

The research found a carbon transport and storage sector could be worth £300 million annually by 2042 (PA)
AnalysisCarbon ManagementEconomyLabourPolitics

Scotland could see significant economic gains from carbon capture: study

Carbon capture and storage could create thousands of jobs in Scotland and provide an economic boost worth hundreds of millions of pounds –...

Student ambassador Marilyn Chavez, in foreground, talks with a faculty member at the California Center for Climate Change Education on the West Los Angeles College campus in Culver City, Calif., Tuesday, March 12, 2024. As students consider jobs that play a role in solving the climate crisis, they’re looking for meaningful climate training and community colleges are responding. (AP Photo/Jae C. Hong)
AnalysisBusinessEconomyElectricityIn-DepthIndustryInfrastructureLabourNews

Clean energy training boom as climate-related jobs expand in US

Community colleges across America give courses in EV repair and wind turbines as green industry hopes to hire homegrown talent.

President Joe Biden arrives to speak in the Rose Garden of the White House in Washington, Tuesday, May 14, 2024, announcing plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China. (AP Photo/Susan Walsh)
AnalysisBusinessCritical MineralsEconomyElectionsElectric Vehicles (EVs)ElectricityIn-DepthLabourPoliticsSolarStorageTrade

New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices

New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers.

U.S. President Joe Biden acknowledges White House executive chef Cristeta Comerford, at a reception celebrating Asian American, Native Hawaiian, and Pacific Islander Heritage Month, in the Rose Garden of the White House, in Washington, U.S., May 13, 2024. REUTERS/Elizabeth Frantz/ File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)In-DepthLabourManufacturingPoliticsSolarTrade

Analysis: Biden’s new China tariff wall faces leakage via Mexico, Vietnam

Analysis: The Biden administration's new tariffs on Chinese electric vehicles and other strategic sectors will likely accelerate a shift of Chinese production to...

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