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Government subsidies have been important in Germany and elsewhere in helping consumers make the switch to electric vehicles (AFP)
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Germany’s Scholz calls for Europe EV subsidy plan

Germany's Chancellor Olaf Scholz calls for a European EV subsidy to aid automakers facing stagnation, costs, and competition.

The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/ File Photo
BusinessCarbon ManagementInfrastructureNewsTransmission

Equinor, BP, TotalEnergies seal investment into Britain’s carbon capture projects

The three companies are joint partners in the project which will permanently store up to an initial 4 million tonnes of CO2 per...

FILE PHOTO: The logo of Google is seen outside Google Bay View facilities during the Made by Google event in Mountain View, California, U.S. August 13, 2024. REUTERS/Manuel Orbegozo/File Photo
BusinessElectricityEmissionsNews

Google invests in Intersect Power in over $800 million funding round amid AI race

Google joins others in backing Intersect Power in a $800M+ clean energy funding round.

Airplanes on runway
AnalysisAviationBiofuelsClimate FinanceEmissionsEmissions MarketsFuelLegislationOpinionRegulationsReportsSustainable Aviation FuelTransport

Fueling net-zero aviation: why SAFs need better policy support to take off

SAF is key to decarbonizing aviation, but major adoption and production challenges threaten net-zero targets: Resources for the Future report.

The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Stellantis, China’s CATL to invest $4.33 billion in EV battery factory in Spain

Stellantis and CATL have set up a 50-50 joint venture for the project and expect to start production by the end of 2026.

FILE PHOTO: A worker stacks steel pipes in the western Indian city of Ahmedabad November 4, 2014.  REUTERS/Amit Dave/File Photo
BusinessClimateCoalEconomyElectricityEmissionsEnvironmentIndustryManufacturingNewsPoliticsReports

India’s steel expansion could hinder net zero emission goal, GEM says

India's coal-driven steel expansion risks derailing its net-zero 2070 target, warns GEM, citing $187B in stranded assets.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityIndustryMiningPoliticsSemiconductorStorageTrade

Analysis: Lithium supply surplus set to stay with battery makers’ help

Global lithium oversupply persists as Chinese-backed mines defy weak prices, sustaining EV battery production but hurting profits.

A news helicopter flies by as a 130-ton all-terrain crane prepares to place the giant blades onto a massive wind turbine on the top of Grouse Mountain ski resort in North Vancouver, B.C., Friday, Sept. 25, 2009.    THE CANADIAN PRESS/Jonathan Hayward
BusinessClimateEconomyElectricityEmissionsEnvironmentHydropowerIndigenousInfrastructureNewsPoliticsUtilitiesWind

B.C. selects nine wind power projects to boost energy supply by eight per cent a year

B.C. has okayed nine wind energy projects that will boost its hydro-electric grid by eight per cent a year, enough to power 500,000...

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