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The switch to electric vehicles means platinum -- used in the manufacture of catalytic converters for high-polluting petrol engines -- faces a dim long-term future (AFP)
BusinessCritical MineralsElectric Vehicles (EVs)MiningNewsSolarStorageWind

Platinum loses shine amid BHP’s vast Anglo bid

Platinum is used in the manufacture of catalytic converters for high-polluting petrol engines — but demand has long been forecast to slump as...

The Pepsi logo next to a U.S. flag is pictured in Irwindale, California, U.S., July 11, 2017.   REUTERS/Mario Anzuoni/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

PepsiCo expands EV fleet across California

PepsiCo to expand its EV fleet in California with the introduction of 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric...

FILE PHOTO: CenterPoint Energy crew members work to repair damaged lines as residents remained without power after a severe storm caused widespread damage in Houston, Texas, U.S., May 18, 2024.   REUTERS/Kaylee Greenlee Beal
ElectricityInfrastructureNewsUtilities

Texas heat wave sends power demand to all-time high for May

Texas power demand reaches a record for May – but supplier projects demand will rise even higher before the month is over.

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessLiquefied Natural GasNewsOil

State officials call on top funds to vote against two Exxon directors

State financial officers and other public and labor leaders on Tuesday called for major asset managers to vote against top Exxon directors

FILE PHOTO: A Toyota logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Toyota mulls over $500 million investment into Texas plant

Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelNewsOil

Hess facing three lawsuits over disclosures in Chevron deal

Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.

FILE PHOTO: A general view shows the International Court of Justice in The Hague, Netherlands August 27, 2018. REUTERS/Piroschka van de Wouw
CourtsNews

Factbox: Climate court cases that could set new global precedents

From the Americas to Australia, the courtroom has become a hotbed of climate change debate where nations are challenged on their commitments by...

FILE PHOTO: Nissan signs are seen outside a Nissan auto dealer in Broomfield, Colorado October 1, 2014.  REUTERS/Rick Wilking/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Nissan pauses plans for EV production in US, Automotive News reports

Nissan Motor Co has paused production plans to build EVs in the US, Automotive News reported on Tuesday citing a memo sent to...

Power plant with large cloud of smoke (FREEPIK) A record $104bn was raised globally last year by charging firms for emitting CO2, but prices remain too low to drive the changes needed
BusinessClimateEmissionsFinanceLegislationNewsPolitics

Global carbon emissions pricing raised record $104 billion in 2023

A record $104bn was raised globally last year by charging firms for emitting CO2, but prices remain too low to drive the changes...

FILE PHOTO: A wind turbine is seen on the Frodsham on shore wind farm in Frodsham, Britain, September 5, 2023. REUTERS/Phil Noble/File Photo
ClimateEmissionsNews

Britain doubles down on climate target, rules out loophole

Britain has ruled out using an accounting loophole that would have seen it use surplus emission cuts to meet future climate goals.

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