Focus on Economy
Competition Bureau clarifies expectations around Canada’s new greenwashing rules
The Competition Bureau has released draft guidelines that aim to clarify expectations around new greenwashing rules.
Manitoba government to reinstate fuel tax, but at a reduced rate
The government temporarily suspended the 14-cents-a-litre fuel tax at the beginning of 2024 as a way to help people deal with the rising...
Chile’s Codelco seeks permit for $800 million mine extension
Codelco has requested an environmental permit to extend the life of its Gabriela Mistral copper mine by more than 25 years.
Toyota to build plant to produce EVs in China, Nikkei reports
Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday.
Brazil’s Petrobras to sign deal for four new support vessels built locally
Transpetro awarded a $69.5M tender for four coastal vessels to boost Brazil's shipbuilding sector after a decade of stagnation.
US House committee targets another investor climate group
The House Judiciary Committee is probing 60 asset managers over ties to the Net Zero Asset Managers initiative, alleging antitrust violations.
Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end
Russia's gas transit through Ukraine faces uncertainty as Kyiv will not renew its deal, impacting Slovakia and others reliant on this supply.
Despite climate goals, Maine rebates for electric vehicles are running on empty
Maine now registers 13 electric vehicles for every 200 cars, up from 3 in 2020, but rebate funding to support this growth is...
Good Energy’s potential UAE buyer gets another one-month extension
Esyasoft has until January 20 to decide on a takeover bid for Good Energy, extending the original deadline of December 23.
Plan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports
Wealthy nations' plan to limit fossil fuel financing has collapsed, with ongoing negotiations expected to continue into January.
