Monday, 24 February 2025

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British Columbia Premier David Eby says his government would end the carbon tax on consumers if the federal government removed the legal requirement. Eby steps away from the podium after a news conference in Coquitlam, B.C., Wednesday, July 24, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateEconomyEmissionsEmissions MarketsNewsPolitics

B.C. to scrap carbon tax if federal government drops requirement: Eby

B.C. Premier David Eby plans to scrap the provincial carbon tax for consumers and shift it to “big polluters” if Ottawa allows.

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessCarbon ManagementIndustryInfrastructureNews

Occidental’s 1PointFive secures up to $500 million to advance Texas carbon capture hub

Occidental’s 1PointFive secures up to $500M from the U.S. DOE to develop a South Texas carbon capture hub, advancing DAC tech for decarbonization.

AnalysisCarbon ManagementEconomyEmissionsEmissions MarketsOpinionPolitics

Out of thick air: Converting carbon emissions to fuel

Opinion: Canada's federal government should increase support for the development of CO2 recycling, an innovation that could lead to new jobs and new...

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.   REUTERS/Rebecca Cook/File photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

GM in talks to buy Chinese EV batteries built in the US: report

General Motors may buy EV batteries using CATL tech, assembled in a US plant funded by Japan's TDK, per Bloomberg sources.

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

EU rejects minimum price offers from Chinese EV exporters

European Commission received offers from makers of EVs in China for minimum import prices into the EU, but rejected all of them.

NDP leader Jagmeet Singh speaks to the media at the party's caucus retreat Wednesday, Sept. 11, 2024 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
BusinessElectionsEmissions MarketsNewsPoliticsRegulations

Singh says NDP drafting climate plan, won’t say if it’ll include consumer carbon tax

Singh says he wants to see big polluters pay, but NDP rejects the idea that workers should shoulder the cost of fighting climate...

FILE PHOTO: The logo of Stellantis is seen on the company's building in Poissy, near Paris, France, September 4, 2024. REUTERS/Sarah Meyssonnier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Carmakers adjust electrification plans as EV demand slows

Lowering targets, increasing hybrid production and changing timelines — how car manufacturers are responding to weak EV demand.

FILE PHOTO: A sign bearing the logotype of Spanish utility company Iberdrola stands alongside an electrical substation, Durango, Spain, January 17, 2024. REUTERS/Vincent West/File Photo
BusinessFuelHydrogenNewsOil

Iberdrola, BP to build 25-MW green hydrogen project in Spain

With the help of a €15m EU subsidy, Castellon hydrogen plant is designed to help BP reduce carbon footprint of nearby oil refinery.

FILE PHOTO: A Fiat 500 electric car is displayed at a showroom of a car dealer in Rome, Italy, November 9, 2023. REUTERS/Guglielmo Mangiapane/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Stellantis pauses production of electric Fiat 500 due to poor demand

Global slowdown in EV sales leads Stellantis to pause making electric Fiat 500, while its Mirafiori plant waits for production to begin on...

FILE PHOTO: A view of Thyssenkrupp headquarters in Essen, Germany, November 22, 2023. REUTERS/Jana Rodenbusch/File Photo
BusinessGreen SteelIndustryManufacturingNews

Thyssenkrupp’s $3.3 billion green steel plant could get more expensive

Thyssenkrupp Steel Europe informs parent company "about possible risks and resulting potential cost increases" at green steel plant.

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