Focus on Economy
Ottawa negotiates $500 million bailout to prevent electricity rate hike in Nova Scotia
Ottawa is negotiating a $500M bailout for Nova Scotia Power to prevent a 19 per cent electricity rate hike due to cost overruns.
Italy’s central bank backs helping poorer countries fund energy transition
Climate finance for less wealthy countries gains support of Italy's Fabio Panetta, who calls for those with higher per capita emissions to step...
Ovo launches £50m of fresh energy bills support after winter fuel payment cut
Temporary payment cuts, subsidised home upgrades and more planned as British energy firm shores up older customers after government aid cut.
Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline
The Committee on Foreign Investment has until that day to complete its second review of the company's proposed takeover of U.S. Steel.
White House officials signal delay in U.S. Steel takeover decision: report
White House officials have delayed a decision on Nippon Steel's bid for U.S. Steel amid national security concerns and bipartisan resistance.
Chile’s biggest steelworks sunk by cheap Chinese imports
Chile's Huachipato steel mill, an economic and cultural hub for Talcahuano, is closing after 74 years, driven out by cheaper Chinese imports, costing...
With a million home batteries, we could build far fewer power lines. We just need the right incentives
Australia's abundant wind and solar power needs energy storage to provide reliable supply when the sun doesn’t shine or wind doesn’t blow.
Nippon Steel, US Steel send letter to Biden on merger plans
Nippon Steel and U.S. Steel sent a letter to President Biden defending their planned $15 billion merger amid potential blockage.
Are Indonesia and Vietnam’s multibillion-dollar clean energy deals stuck? Experts say not yet
Indonesia and Vietnam's energy deals to shift from coal to renewables face delays, but policy progress is underway.
B.C. to scrap carbon tax if federal government drops requirement: Eby
B.C. Premier David Eby plans to scrap the provincial carbon tax for consumers and shift it to “big polluters” if Ottawa allows.
