Friday, 7 February 2025

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FILE PHOTO: A man walks from a branch of Wells Fargo bank in the University District of Seattle, Washington, U.S. December 6, 2024. REUTERS/Chris Helgren/File Photo
BusinessClimateEconomyEmissionsEnvironmentFinanceNewsPolitics

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.

Renewables have become an ever more important part of Germany's energy mix, accounting for an average 60 percent of its electricity production so far this year (AFP)
AnalysisBusinessEconomyElectricityHydrogenIndustryInfrastructureLiquefied Natural GasNatural GasNuclear PowerOffshore WindPoliticsSolarStorageWind

‘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.

FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019.   REUTERS/Carlo Allegri/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsRegulations

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.

A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
BusinessEconomyElectricityInfrastructureNewsNuclear PowerReports

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.

AnalysisAutomotiveBusinessEconomyEfficiencyHydrogenInfrastructurePoliticsTransmission

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.

FILE PHOTO: Shopping trolley is seen in front of Walmart logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration//File Photo
BusinessClimateEmissionsNews

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.

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020.  REUTERS/Gary McWilliams/File Photo
BusinessInfrastructureNatural GasNewsTransmission

Kinder Morgan’s unit to go ahead with $1.4 billion Mississippi Crossing Project

Kinder Morgan says its unit Tennessee Gas Pipeline will proceed with the nearly $1.4 billion Mississippi Crossing Project.

FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo
BusinessClimateCritical MineralsEconomyEmissionsEnvironmentMiningNewsPoliticsRegulations

Panama president sees no environmental threat from copper at closed First Quantum mine

More than 100,000 metric tons of copper stuck at the closed First Quantum mine in Panama do not currently pose an environmental risk,...

Prime Minister Sir Keir Starmer during a visit to a construction site in Cambridge (Chris Radburn/PA)
BuildingsBusinessClimateConstructionEconomyEnvironmentIndustryInfrastructureNewsPoliticsRegulations

Starmer backs changes to nature protection rules to boost building

Keir Starmer backs easing rules aimed at protecting nature that have been blamed for hampering major building projects.

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