Tuesday, 11 February 2025

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AnalysisBusinessEconomyElectricityOffshore WindRegulationsTransmissionUtilitiesWind

Status update: UK offshore wind farms

The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...

FILE PHOTO: Australian Prime Minister Anthony Albanese speaks to the media during a signing ceremony at the Australian Parliament House in Canberra, Australia, June 17, 2024.    Lukas Coch/Pool via REUTERS/File Photo
BusinessCritical MineralsHydrogenMineralsMiningNewsPoliticsTrade

Australia eyes US climate policy shift for green energy boost

Australia is competing for global investment to build its clean energy sector, including critical minerals processing.

FILE PHOTO: Indigenous people from the Mura tribe shows a deforested area in unmarked indigenous lands inside the Amazon rainforest near Humaita, Amazonas State, Brazil August 20, 2019. Picture taken August 20, 2019. REUTERS/Ueslei Marcelino/File Photo
BusinessClimate FinanceEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Global carbon offset standard setter okays three deforestation project types

Preserving forests is crucial to meeting international goals to limit global temperature increases.

Governments are currently trying to iron out a new global finance climate agreement at Cop29 (Rafiq Maqbool/AP)
ChemicalsClimate FinanceGreen SteelHydrogenNewsPoliticsStorageTransmissionVoluntary Carbon Markets (VCMs)

Energy projects in developing countries to receive £79m in UK climate finance

The money comes under the UK’s existing pledge to spend £11.6 billion in climate finance over five years up to 2026.

FILE PHOTO: A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

Applied Materials forecasts quarterly revenue below estimates on weak demand

Applied Materials projects Q1 revenue below forecasts amid weak demand outside AI chips, export curbs, and competitive pressures.

Bolivia's Economy Minister Marcelo Montenegro speaks during a press conference, in La Paz, Bolivia November 14, 2024. REUTERS/Claudia Morales
BiodiversityClimateEmissions MarketsEnvironmentIndigenousNewsVoluntary Carbon Markets (VCMs)

Bolivia to sell $5 billion in carbon credits to stem rampant forest loss

Bolivia aims to sell $5 billion worth of carbon offset credits, the government announced on Thursday, in a bid to stop rampant forest...

File Photo: Unharvested corn, left as a barrier against blowing snow, stands in a field at a farm in Carroll, Iowa, U.S., January 30, 2020.   REUTERS/Brian Snyder/File Photo
BiofuelsBusinessEconomyNews

Credits tied to biogas slump on EPA’s proposed waiver to supply mandates

Prices for cellulosic biofuel production credits fell to their lowest in over a year this week after the EPA proposed a partial waiver...

FILE PHOTO: A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China May 13, 2021. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)NewsRegulations

Chinese robotaxi firm Pony AI seeks up to $4.5 billion valuation in US IPO

Pony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the US.

FILE PHOTO: The Imperal Oil refinery is seen in an aerial photograph taken along the St. Clair River, one of many facilities in Canada's "Chemical Valley" in Sarnia, Ontario, Canada November 3, 2021. REUTERS/Nick Iwanyshyn/File Photo
BusinessEmissionsEnvironmentIndigenousLegislationNewsOilRegulations

Imperial Oil fined for 2021 slop oil spill

Ontario has fined Imperial Oil C$900,000 for a slop oil leak into a tank containment area at its Sarnia site in 2021 that...

FILE PHOTO: Tesla electric vehicles (EVs) fast-charge using Tesla Superchargers at a Buc-ee’s travel center and gas station in Baytown, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulations

Trump’s transition team aims to kill Biden EV tax credit

Trump's team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.

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