Focus on Business
Global carbon emissions pricing raised record $104 billion in 2023
A record $104bn was raised globally last year by charging firms for emitting CO2, but prices remain too low to drive the changes...
Shell shareholders reject investor climate resolution
Shell climate resolution overwhelmingly rejected by shareholders during meeting punctuated by protests.
Climate protesters accuse Shell chair of ‘greenwashing’ at AGM
Shell AGM protests see crowds interrupt chairman Sir Andrew Mackenzie, who attempted to defend company's stance on climate in remarks to shareholders.
BHP shares hit 3-month high as deadline for formal Anglo bid looms
Shares of BHP Group touched a 3-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for...
Apple supplier Foxconn asked to cut power use in Vietnam
Vietnamese officials have called on Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country.
Li Auto delays pure electric SUV launch due to insufficient fast charging network
China's Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing a lack of fast chargers
U.S. natural gas producer Chesapeake Energy cuts jobs
Chesapeake Energy began laying off employees this week after completing the divestiture of its oil assets last year
US regulator homes in on malpractice in voluntary carbon markets
CFTC's carbon markets fraud probe looks at false claims about environmental benefits and green credentials.
CalPERS to vote against Exxon board members
CalPERS will vote against all Exxon Mobil board members at the upcoming annual meeting on May 29, a regulatory filing showed on Monday
Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk
The Indonesian government has proposed to Tesla CEO Elon Musk the construction of an EV battery plant in the nickel-rich country
