Focus on Business
US reaches preliminary deal with Bosch for $225 million in chip grants
The funding will support Bosch’s planned $1.9 billion investment to transform its manufacturing facility in Roseville, California.
Shale drilling techniques could lead to a geothermal surge, IEA says
Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.
China’s CATL offers suppliers financial support to drive battery innovation
CATL has extended its leadership in EV batteries with a global market share of 36.8% in the first 10 months of the year.
UK govt publishes major action plan to decarbonize grid by 2030
Labour unveils a bold plan to achieve 95 per cent clean power by 2030, promising energy security, lower bills, and climate action.
Wisconsin tribe and other groups move to block pipeline reroute plans
A Wisconsin tribe and environmental groups filed a lawsuit to block Enbridge's pipeline reroute, citing environmental risks and regulatory failures.
Opinion: A new global carbon trading market could be held hostage by speculators
Speculators may exploit the new global carbon market, threatening its ability to drive meaningful emission reductions.
US power deals down 36% in last year due to political uncertainty, PwC says
U.S. power and utilities deal value fell 36 per cent in 2024 due to political uncertainty ahead of the presidential election.
Summit carbon project would be reassessed if US tax credits repealed, attorney says
Summit Carbon Solutions' CO2 pipeline project may be reassessed if U.S. tax credits for carbon capture are repealed.
Brazilian miner Vale invests in US startup as part of decarbonization push
Vale Ventures invested in Electrified Thermal Solutions, which develops fossil fuel-free heating tech to cut emissions in industry.
Suncor to increase oil and gas output by up to five per cent in 2025
Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...
