Tuesday, 11 February 2025

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Japan could be energy-independent by 2060 thanks to renewables, says Rystad Energy CEO

Japan, a major coal and LNG buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power, CEO of Rystad...

FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo
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Canadian national pleads guilty to stealing Tesla trade secrets

A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and...

FILE PHOTO: A combination photo shows Canadian investment banks RBC, CIBC, BMO, TD and Scotiabank in Toronto, Ontario, Canada on March 16, 2017. REUTERS/Chris Helgren/File Photo
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Canada’s Parliament grills bank CEOs on climate policy in rare meeting

The CEOs of Canada's big five banks reassured MPs about their commitment to fighting climate change, but said reducing funding for fossil fuel...

FILE - An aerial photo shows the Diablo Canyon Nuclear Power Plant, California's last nuclear power plant, in Avila Beach, Calif., June 20, 2010. On Thursday, June 13, 2024, former state and federal officials joined environmentalists to spotlight soaring cost estimates for keeping the plant running beyond 2025. (Joe Johnston/The Tribune via AP, File)
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California legislators break with Gov. Newsom over loan to keep state’s last nuclear plant running

The California Legislature signaled its intent on Thursday to cancel a $400 million loan payment to help finance a longer lifespan for the...

FILE PHOTO: The Lightning logo is seen on the side of an all-new Ford F-150 Lightning electric pickup truck outside the Ford Motor World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/ Rebecca Cook/File Photo
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Ford walks back EV dealer restrictions to boost sales

Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort...

A wind turbine is shown at Dalhousie Mountain, N.S. on Friday, April 23, 2010. The governments of Nova Scotia and Newfoundland and Labrador have told a Senate committee that they would like to see quick passage of federal legislation that would help establish an offshore wind industry on Canada’s East Coast. THE CANADIAN PRESS/Andrew Vaugh
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Atlantic Canadian provinces push for quick passage of federal offshore accord changes

The governments of Nova Scotia and Newfoundland and Labrador have told a Senate committee they would like to see quick passage of federal...

FILE PHOTO: Elon Musk attends the Breakthrough Prize awards in Los Angeles, California, U.S., April 13, 2024. REUTERS/Mario Anzuoni/File Photo
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Musk’s small-investor army cheers apparent approval of $56B Tesla pay package

Elon Musk's army of small-investor allies took a victory lap with an endorsement for his $56 billion pay package after the Tesla CEO...

FILE PHOTO: Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
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Which European carmakers are exposed to potential Chinese retaliation for EU tariffs?

Europe's auto industry had warned against imposing the tariffs, with German carmakers the most exposed to any counter moves by China. Other continental...

FILE PHOTO: A man walks past a logo of Renault during the presentation of the new Renault 5 E-Tech electric car at a pre Geneva show event in Aubervilliers, near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
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Renault sets sights on sporty EVs for profit boost

French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it...

FILE PHOTO: Brookfield Asset Management Vice Chairman and former Bank of England Governor Mark Carney speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, U.S., October 13, 2022. REUTERS/James Lawler Duggan/File Photo
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Brookfield eyes $5 billion for UAE-backed climate fund

The fund, dubbed the Catalytic Transition Fund (CTF), was announced at the COP28 climate talks in Dubai last December.

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