Focus on Topics
Banks ‘financed fossil fuels by £5.5tn since Paris Agreement’
The banks, which include UK giants like Barclays and HSBC, committed 705 billion dollars (£562 billion) in financing to fossil fuels in 2023
US opens probe into Amazon-owned Zoox cars
The NHTSA has opened an investigation into Amazon's self-driving Zoox vehicles due to two rear-end collisions that injured motorcyclists
EU countries approve law to slash trucks’ CO2 emissions
EU countries gave final approval to a law to cut CO2 emissions from trucks, which will require most new vehicles to be emissions-free...
How hard will new Biden tariffs hit China?
President Biden is set to announce new China tariffs as soon as Tuesday, targeting sectors including EVs and solar equipment
US, Japanese banks lead fossil fuel financing
Fossil fuel financing fell by 9.5% last year, says climate campaigners' report, but banks are still sending $705bn to the sector.
Eni eyes new oil and gas spin-offs in energy transition satellite strategy
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, while focusing on low-carbon activities
Glencore seeks Australian carbon capture approval amid farmer protests
Queensland state will decide this month whether to give Glencore a key approval to bury liquefied CO2 in the country's largest aquifer
Gazprom loss shows struggle to fill EU gas sales gap with China
Kremlin-owned energy kingpin Gazprom, once Russia's most profitable company, could face a long period of poor performance
Chinese EV called the Seagull poses a big threat to the US auto industry
Politicians and car companies across America feel wary as the BYD Seagull, a $12,000 hit EV in China, threatens the US market.
Weaker supply will drive platinum deficit higher than expected in 2024
The global platinum deficit in 2024 will be deeper than previously expected due to lower supply from mines in South Africa and Russia
