Focus on Business
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.
California regulators vote to delay closure of gas storage facility, site of worst US methane leak
California regulators delay Aliso Canyon gas facility closure, sparking debate over energy needs and community safety.
Alberta announces future coal mining policy plan, industry consults
Alberta says it will ban new mountaintop removal mining and new open-pit mining on the eastern slopes of the Rocky Mountains.
Wells Fargo departs climate banking group in another high-profile exit after Goldman
The bank ended its membership in the Net-Zero Banking Alliance, two weeks after another notable exit by Goldman Sachs.
‘Dark lull’ in German energy transition sparks political debate
As Germany heads to elections, winter weather's impact on green energy has spiked electricity prices, fueling political debate.
US agency proposes to streamline self-driving car exemption reviews
NHTSA has authority to grant petitions to allow up to 2,500 number of self-driving vehicles per manufacturer to operate on U.S. roads.
U.S. data center power use could nearly triple by 2028, DOE-backed report says
By 2028, data-center annual energy use in the US could reach between 74 and 132 gigawatts, says the Berkeley Lab report.
Turmoil at Colombia’s Ecopetrol raises profit fears ahead of US investment decision
Ecopetrol shares have fallen 28% this year.
Why Ohio companies are investing in hydrogen cars despite infrastructure issues
Hydrogen fuel cell cars could overcome some buyers’ reluctance to switch from gasoline-powered vehicles, but whether fueling infrastructure can deliver is iffy.
Walmart says it is likely to miss 2025, 2030 climate change targets
Walmart had pledged to reduce greenhouse gas emissions from its operations by 35% in 2025.
