Tuesday, 11 February 2025

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AnalysisClimateEmissionsEmissions MarketsLegislationOpinionPoliticsRegulationsTradeUnited NationsVoluntary Carbon Markets (VCMs)

COP29: Canada needs to start a real conversation about international carbon markets

Canada should seize the opportunity to join international carbon markets to lower climate mitigation costs and boost global cooperation.

FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Compass Minerals attracts takeover interest from buyout firms, sources say

Compass Minerals is negotiating a potential sale after a failed lithium project hurt shares, now valued at $1.5 billion.

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulations

EV companies, battery makers urge Trump not to kill vehicle tax credits

Major EV manufacturers urge Trump to retain tax credits, warning cuts could hurt jobs in key states like Ohio and Michigan.

North Dakota Public Service Commissioners, from left, Sherri Haugen-Hoffart, Randy Christmann, center and Administrative Law Judge Tim Dawson meet Friday, Nov. 15, 2024, in Bismarck, N.D., where they voted to approve the route permit for the Summit Carbon Solutions pipeline. (Tom Stromme/The Bismarck Tribune via AP)
BiofuelsBusinessCarbon ManagementInfrastructureNewsPoliticsRegulationsSustainable Aviation FuelTransmission

Regulators approve North Dakota section of planned 5-state Midwest carbon dioxide pipeline

North Dakota regulators approved Summit Carbon Solutions' 333-mile pipeline route, a step forward for its $8B CO2 project despite landowner concerns and regional...

The first of TSMC's three new facilities in Arizona is set to fully open by early-2025, according to President Joe Biden (AFP)
BusinessNews

US finalizes up to $6.6 bn funding for chip giant TSMC

The US will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil.

AtkinsRéalis Group Inc. has announced a deal to build two new Candu nuclear reactors in Romania. AtkinsRealis headquarters are seen in Montreal, Friday, Nov. 10, 2023. THE CANADIAN PRESS/Christinne Musch
BusinessElectricityNewsNuclear Power

AtkinsRéalis wins contract to build two new Candu reactors in Romania

AtkinsRéalis Group Inc. has announced a deal to build two new Candu nuclear reactors in Romania.

Gas drying towers are pictured at Gas Connect Austria's gas distribution node in Baumgarten some 40 km (25 miles) east of Vienna March 6, 2013.  REUTERS/Heinz-Peter Bader/File Photo
BusinessNatural GasNewsPoliticsRegulationsTradeTransmission

Austria to be cut off from Russian gas from Saturday

Russia's Gazprom has told Austria that it is suspending gas deliveries from Saturday, a gas flow monitoring platform reported on Friday.

FILE PHOTO: A machine is pictured inside the Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Northvolt has considered US bankruptcy protection, sources say

Northvolt has been discussing the possibility of bankruptcy protection in the United States as one of several options for the cash-strapped company to...

FILE PHOTO: The logo of Russian state shipping company Sovcomflot is seen on the multifunctional icebreaking standby vessel "Yevgeny Primakov" moored in central St. Petersburg, Russia February 3, 2018. REUTERS/Anton Vaganov/File Photo
BusinessIndustryMaritimeNewsPoliticsTransport

Russia’s Sovcomflot blames earnings drop on Western sanctions

Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core...

A climate activist holds a placard as people call for climate justice resistance against oil and gas corporations and to end fossil fuels outside the Cape Town International Convention Centre during the Southern Africa Oil and Gas Conference in Cape Town, South Africa , September 13, 2023. REUTERS/Esa Alexander/File Photo
BusinessEmissionsEmissions MarketsNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

South Africa’s revised carbon tax to be harsher but with more offsets, Treasury says

South Africa is one of the world's top 15 greenhouse gas emitters and the only country in Africa with a carbon tax.

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