Tuesday, 22 April 2025

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Mombak biologist Severino Ribeiro says the project's aim is to 'simulate nature' (AFP)
AnalysisBiodiversityClimateClimate FinanceEmissionsEmissions MarketsEnvironmentIndigenousRegulationsTradeVoluntary Carbon Markets (VCMs)

In Brazil, an Amazon reforestation project seeks to redeem carbon markets

By planting native species in the Amazon, Brazilian company Mombak hopes to restore credibility to a scandal-ridden carbon market.

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTrade

China’s BYD says 5,000 NEVs set sail for Europe

BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.

With 200 workers laboring seven days a week, the largest open-air market in Latin America reflects the transformation currently underway in the Brazilian city, which is preparing to host COP30 in November -- the first UN climate conference in the Amazon (AFP)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousUnited Nations

Brazil gears up for first climate conference in Amazon

Experts view the UN conference as a crucial chance for humanity to reverse the warming trend with firm commitments to reduce emissions.

FILE PHOTO: A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza/File photo
BusinessElectric Vehicles (EVs)LabourNews

BYD brought hundreds of Chinese workers to Brazil on irregular visas, inspector says

BYD faces scrutiny in Brazil after 163 workers found in "slavery-like conditions" at EV factory, pledging compliance.

FILE PHOTO: The flag of the U.S. state Alaska is seen in this illustration taken, August 21, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BiodiversityClimateCourtsNatural GasNewsOilPoliticsRegulations

Alaska sues Biden administration over oil and gas leases in Arctic refuge

Alaska sues Biden administration over restrictions on Arctic refuge drilling, claiming violations of Congressional mandates.

File - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. (AP Photo/LM Otero, File)
CourtsEnvironmentLegislationNatural GasNewsOil

Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

The oil and gas giant seeks unspecified damages and retractions of 'defamatory statements.'

FILE PHOTO: Honda's electric vehicle (EV) e:NS2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
BusinessElectric Vehicles (EVs)IndustryNewsPoliticsRegulations

Honda executive cautious about new EV production ahead of Trump presidency

Honda remains cautious about launching new EV and Canadian battery production amid Trump's uncertain industrial policy.

FILE PHOTO: People walk past a logo of the battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AnalysisBusinessElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulationsSemiconductorTrade

How Washington’s tag on China’s CATL could affect Tesla

US listing of CATL, linked to China's military, puts Musk in a tough spot balancing administration ties and Chinese partnerships.

FILE - A boat navigates large icebergs near the town of Kulusuk, in eastern Greenland, on Aug. 15, 2019. (AP Photo/Felipe Dana, File)
AnalysisBusinessClimateCritical MineralsEmissionsEnvironmentNatural GasOilPolitics

Why Greenland? Remote but resource-rich island occupies a key position in a warming world

Locked inside Greenland are valuable critical minerals such as uranium, billions of untapped barrels of oil and a vast supply of natural gas.

FILE PHOTO: Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessEconomyNewsOil

Exxon Mobil signals oil refining results to hurt Q4 profits

Exxon Mobil projects a $1.6B Q4 earnings drop amid weaker oil prices and refining results, anticipating $600M in impairments.

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