Friday, 7 February 2025

Focus on Economy

A general view of the Chinese solar panel manufacturer Trina Solar's facility in Thai Nguyen, Vietnam,  August 30, 2024. REUTERS/Khanh Vu/File Photo
AnalysisEconomyElectricityManufacturingPoliticsRegulationsSolarTrade

Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach

Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S....

Skoda Auto cars are seen at the production line as the carmaker launches production of MEB battery systems in Mlada Boleslav, Czech Republic, May 17, 2022.  REUTERS/David W Cerny/File Photo
AutomotiveEconomyEmissionsLegislationNewsPoliticsRegulations

Czech Republic joining Italy to fight carmakers’ CO2 fines

Czech Republic will join Italy in seeking to prevent carmakers from facing penalties when tougher CO2 emission rules take effect in the EU.

FILE PHOTO: Mount Baker rises behind Marathon Petroleum's refinery in Anacortes, Washington, U.S., March 9, 2022.  REUTERS/David Ryder/File Photo
AnalysisBusinessClimateEconomyEmissionsEmissions MarketsPolitics

Washington state vote a harbinger for wider carbon markets

The Washington carbon market has raised more than $2 billion for transit, wildfire protection, and salmon protection since its 2023 launch.

FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo
BusinessEconomyNatural GasNewsOil

US oil output hits monthly record high in August, EIA says

US oil production rose 1.5 per cent in August to a monthly record high of 13.4 million bpd, the Energy Information Administration said.

Solar PV and sun
AnalysisEconomyElectricityLabourOpinionPoliticsReportsSolar

Gender inclusion in solar PV is needed to expand energy access in Africa and Asia

Limiting women’s participation in the solar PV sector exacerbates skills shortages needed to develop, install, operate and service solar solutions.

Cars wait in traffic in Shanghai, China March 10, 2021. Picture taken March 10, 2021. REUTERS/Aly Song/ File Photo
Climate FinanceEconomyEmissionsNewsPolitics

Inaction on emissions could cut developing Asia’s GDP by 17% by 2070, ADB says

While mitigation efforts have gained momentum, they remain insufficient to meet global targets, the ADB said in its inaugural climate report.

Stakeholders attend the second round of collective bargaining negotiations between Volkswagen and the IG Metall union including Arne Meiswinkel, board member for human resources of Volkswagen Passenger Cars, Daniela Cavallo, chairwoman of the general and group works council of Volkswagen AG and Thorsten Groeger, Lower Saxony district manager of IG Metall and negotiator, in Wolfsburg, Germany October 30, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceLabourManufacturingNews

Volkswagen calls for 10% pay cuts

Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.

AnalysisContracts for DifferenceEconomyElectricityEmissions MarketsHydrogen

Is the UK’s hydrogen infrastructure prepared for a CfD-powered future?

The U.K.’s green hydrogen CfDs faces cost, demand, and market challenges. An OIES paper says government support and innovation are essential.

FILE PHOTO: A wind farm shares space with corn fields the day before the Iowa caucuses, where agriculture and clean energy are key issues, in Latimer, Iowa, U.S. February 2, 2020. REUTERS/Jonathan Ernst/File Photo
AnalysisEconomyElectionsElectricityOffshore WindPoliticsRegulationsSolarTradeWind

Analysis: Tentative green energy shoots at risk from US vote uncertainty

Renewable energy shares face uncertainty, with U.S. election outcomes impacting investor confidence and sector growth potential.

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