Focus on Business
‘Carbon-neutral’ countries demand credit at COP29
Small nations like Bhutan and Panama, which absorb more carbon than they emit, demand recognition at COP29 for their sacrifices.
Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
Alphabet's Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles.
Subsea electricity links between UK and Europe approved
Ofgem approves five new subsea power lines, boosting UK’s wind power export to Europe and aiding energy security by 2032.
UK urged to rule out allowing wind turbines ‘controlled by hostile states’
UK Government avoids ruling out wind turbines built by "hostile" states, amid concerns over energy security.
UK says £58bn climate finance tool to launch on London Stock Exchange
A $75B scheme to fund clean energy projects in poorer countries will launch on the London Stock Exchange.
Court challenge begins against UK oil and gas field approvals
Environmental groups launch legal challenge to block North Sea oil fields, arguing UK failed to account for total emissions.
Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company
VinFast will receive $3.35B from founder Vuong and Vingroup by 2026 to expand globally and support break-even efforts.
Neither effective nor fair: it’s time to replace Ottawa’s carbon tax
Opinion: A prudent move for Ottawa would be to replace the commodity-based carbon tax system with measures that are fairer and more effective.
Highlights from ruling in Shell’s climate case
A Dutch court dismissed a 2021 ruling pushing Shell to cut carbon faster, citing limits on enforceable emission targets.
Business advocacy group says Ottawa shouldn’t tax carbon rebates
CFIB calls for carbon tax repeal, saying the taxable carbon rebate is unfair to small businesses.
