Sunday, 18 May 2025

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Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
BusinessClimateEconomyElectricityEmissionsEnvironmentFinanceFuelIndustryInfrastructureNewsPolitics

Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

AnalysisBuildingsCoalConstructionEfficiencyElectricityEmissionsGeothermalIndustryInfrastructureNatural GasRegulationsUtilities

Indianapolis grapples with low compliance on energy benchmarking requirement for large buildings

Indianapolis faces low compliance with its energy benchmarking ordinance, requiring large buildings to report energy use by 2024.

FILE PHOTO: A view of the Amazon rainforest at the lagoon of the Yasuni National Park in the Pastaza province, in Ecuador, July 29, 2023. REUTERS/Karen Toro/File Photo
BiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulationsResiliency

Ecuador completes $1.5 billion debt swap for Amazon conservation

Ecuador's second debt-for-nature swap unlocks $460M for Amazon conservation, aiming to protect 4.6M hectares of ecosystems.

A general view of a Volkswagen plant in Kassel, Germany, December 17, 2024. REUTERS/Fabian Bimmer
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW, unions likely to strike deal in small hours or break off till next year, source says

Volkswagen talks with labor leaders continue into a second day over proposed wage cuts and potential plant closures.

Resource-poor Japan 'will aim to maximise the use of renewable energy' (AFP)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsNuclear PowerPoliticsRegulationsSolarWind

Japan to make renewables top power source by 2040

Japan aims for renewables to supply 40-50 per cent of its electricity by 2040, reducing reliance on coal and gas while boosting nuclear...

FILE PHOTO: Rotors of power-generating windmill turbines of Adani Green Energy are kept for transportation in a stockyard at Ahmedabad-Narayan Sarovar state highway near Nakhatrana village in the western state of Gujarat, India, November 29, 2024. REUTERS/Amit Dave/File Photo
AnalysisBusinessElectricityFinancePoliticsRegulationsSolar

Adani deal under bribery scrutiny was approved against officials’ advice

Andhra Pradesh signed a $490M solar deal with SECI, primarily benefiting Adani Green, now under U.S. scrutiny for alleged bribery.

FILE PHOTO: A general view of Energy Powerwall Home Battery charging station in Brussels, Belgium October 18, 2023.  REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsRegulations

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers raise petrol car prices while offering EV discounts to meet stricter emissions rules, facing profit challenges.

People walk on the stairs of a footbridge as the sky is enveloped in smog caused by air pollution in Delhi, India, December 17, 2024. REUTERS/Priyanshu Singh
BusinessClimateEmissionsEnvironmentIndustryNewsRegulationsWeather

India tightens curbs as air pollution turns ‘severe’

India tightens pollution restrictions in New Delhi as AQI hits 'severe' levels, implementing work-from-home and class limits.

FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo
BusinessIndustryNatural GasNews

Chevron Australia signs long-term gas supply deal with Alcoa

Chevron will supply Alcoa with 130 petajoules of gas over 10 years starting in 2028, powering alumina refineries in Western Australia.

FILE PHOTO: A man walks along Lake Erie in the election battleground city of Erie, Pennsylvania, U.S., October 23, 2024. REUTERS/Shannon Stapleton/File Photo
EconomyElectricityInfrastructureNewsTransmissionUtilities

US Energy Department identifies three priority regions for electric transmission boost

DOE identifies three key regions for new electric transmission infrastructure to address rising demand and enhance reliability.