Saturday, 21 December 2024

Focus on Economy

AnalysisEconomyEfficiencyElectricityFuelLegislationNatural GasRegulationsUtilities

Priorities may change, but energy efficiency remains a solution

With growing concerns about affordability, pursuing energy efficiency could offer relief — given the right policy framework.

FILE PHOTO: A man wearing an IG Metall (Industrial Union of Metalworkers) scarf holds a banner with the Volkswagen logo, as workers gather to strike against planned cuts to wages and possible factory closures, in Hanover, Germany, December 2, 2024. Picture taken with long exposure. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW, union agree to cut 35,000 jobs in Germany, avert strikes

Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.

The Sierra Nevada del Cocuy is located in the eastern ranges of the Colombian Andes (AFP)
ClimateEconomyEmissionsEnvironmentIndigenousMiningNatural GasNewsOilPoliticsRegulations

Inter-American Court rules Colombia drilling violated native rights

The Inter-American Court ruled Colombia violated U'wa Indigenous rights by allowing resource projects on their ancestral lands, demanding remedies.

FILE - EPA Administrator Michael Regan stands near the Marathon Petroleum Refinery as he conducts a television interview, while touring neighborhoods that abut the refinery, in Reserve, La., Nov. 16, 2021. (AP Photo/Gerald Herbert, File)
ClimateEconomyEmissionsEnvironmentNewsPolitics

EPA head Regan, who championed environmental justice, to leave office Dec. 31

Michael Regan, who has led the EPA throughout Biden's four-year term, said Friday he will leave the agency Dec. 31.

BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsPoliticsRegulations

California regulators vote to delay closure of gas storage facility, site of worst US methane leak

California regulators delay Aliso Canyon gas facility closure, sparking debate over energy needs and community safety.

Grassy Mountain, peak to left, and the Grassy Mountain Coal Project are seen north of Blairmore, Alta., Thursday, June 6, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessCoalEconomyEmissionsEnvironmentNewsPoliticsRegulations

Alberta announces future coal mining policy plan, industry consults

Alberta says it will ban new mountaintop removal mining and new open-pit mining on the eastern slopes of the Rocky Mountains.

FILE PHOTO: A man walks from a branch of Wells Fargo bank in the University District of Seattle, Washington, U.S. December 6, 2024. REUTERS/Chris Helgren/File Photo
BusinessClimateEconomyEmissionsEnvironmentFinanceNewsPolitics

Wells Fargo departs climate banking group in another high-profile exit after Goldman

The bank ended its membership in the Net-Zero Banking Alliance, two weeks after another notable exit by Goldman Sachs.

Renewables have become an ever more important part of Germany's energy mix, accounting for an average 60 percent of its electricity production so far this year (AFP)
AnalysisBusinessEconomyElectricityHydrogenIndustryInfrastructureLiquefied Natural GasNatural GasNuclear PowerOffshore WindPoliticsSolarStorageWind

‘Dark lull’ in German energy transition sparks political debate

As Germany heads to elections, winter weather's impact on green energy has spiked electricity prices, fueling political debate.

A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
BusinessEconomyElectricityInfrastructureNewsNuclear PowerReports

U.S. data center power use could nearly triple by 2028, DOE-backed report says

By 2028, data-center annual energy use in the US could reach between 74 and 132 gigawatts, says the Berkeley Lab report.

Slovak Prime Minister Robert Fico attends a meeting with Serbian President Aleksandar Vucic in Belgrade, Serbia, November 21, 2024. REUTERS/Djordje Kojadinovic
EconomyFuelNatural GasNewsPoliticsTrade

Slovak PM Fico warns of gas crisis without Ukraine transit route

Ukraine has repeatedly said it would not continue a gas transit deal with Russia as the two countries are at war.

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