Focus on Economy
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...
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.
Bank of Canada: world is now more prone to shocks than we’d like
Deglobalization, demographic shifts, digitalization and decarbonization all affecting jobs, growth and inflation: Bank of Canada governor
EU watchdog frees green bonds from fund naming rules
The EU allows green bond funds to invest in bonds from big polluters, easing previous restrictions and supporting decarbonization efforts.
Italy’s Erg secures 243-million-euro EIB loan for renewable energy projects
The loan will cover more than 50 per cent of the total cost of projects as it is linked to REPowerEU, the EU's...
Bosnia hits hottest year on record in 2024: meteorologists
After a scorching drought emptied one of Bosnia's largest lakes, the Balkan country is set to mark its hottest year on record in...
UK, Norway sign joint agreement to enhance carbon capture
Keir Starmer and Norway's PM sign joint agreement to enhance carbon capture efforts, aiming for finalization in 2025.
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.
Lamborghini delays first EV launch to 2029 as market not ready
Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.
Trump transition team plans sweeping rollback of Biden EV, emissions policies
Trump's transition team proposes cutting EV support, imposing global tariffs on battery materials, and rolling back emissions standards.
