Focus on Business
J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
Revised forecast for US EV sales comes after Ford scrapped plans for new electric models, but electric could reach a 36% market share.
Completion of Shetland green energy projects hailed as ‘major milestone’
In the islands around Scotland, newly completed Shetland wind farm can power half a million homes annually from the windiest place in the...
Future of chemical sector ‘at risk’ in UK without plan to cut fossil fuels
Think tank calls for policymakers to support a transition to green chemicals industry in Britain to help decarbonise wider economy.
Maersk says ocean shipping’s zero-emissions push needs government support
Maersk's green methanol ship crossed the Pacific, but lacked U.S. refueling options, highlighting the need for more green fuel infrastructure.
Equinor scraps Spain, Portugal offshore wind plans as costs rise
State-controlled Equinor needs to prioritise capital more than in the past given rising costs in the offshore wind sector, due to inflation, high...
Chinese EV giant BYD posts 24.4% rise in profit
BYD profits rise as electric and hybrid vehicles account for more than half of all Chinese sales, despite looming global tariffs on EVs.
Dutch group sues Stellantis over alleged emissions cheating
Class action lawsuit over alleged Stellantis emissions cheating is based on actions of predecessor company Fiat Chrysler.
AI’s race for US energy butts up against bitcoin mining
To secure AI data centers, tech giants are scrambling for energy by eyeing deals with cryptocurrency miners.
US clean energy jobs growth rate double that of overall jobs, report says
Employment in clean energy businesses rose by 4.2% in the US last year, compared with an overall job growth rate of 2%.
