Focus on Economy
China accuses Canada of protectionism over tariffs on EVs
Chinese Commerce Ministry criticises Canadian tariffs on EVs and urges government to "correct its wrong practices" over the move.
Norway’s sovereign wealth fund commits $1 billion to renewable energy fund
Norway's sovereign wealth fund has said it will commit $1bn to the latest renewable energy fund of Copenhagen Infrastructure Partners
Germany plans $3.7 billion program to help decarbonize industry, including carbon storage
Germany aims to cut its emissions to “net zero” by 2045. The new program is aimed largely at medium-sized companies.
California rooftop solar subsidy to cost $8.5 billion a year, says ratepayer advocate
A California solar subsidy will cost non-solar ratepayers $8.5 billion annually by 2024, raising electricity rates, a report finds.
Extreme weather and geopolitics to send UK energy bills up 10%
Price cap for average household UK energy bill jumps over analysts' forecasts as market fails to stabilise following impact of Russian conflict.
China issues guidelines on green power trading
State planner lays out price mechanisms behind market-based scheme to promote renewable electricity consumption in China.
Analysis: Brazil’s grid caps wind and solar, threatening renewable projects
Temporary power caps on wind and solar plants in Brazil is making renewable investments in the country less viable, say industry insiders.
China calls for more investment in energy upgrades
China's state planner has called for more investment in equipment upgrades to help support the energy transition, saying the market should play a...
China auto body says EU draft on tariffs for Chinese EVs brings ‘risks’
Chinese carmakers oppose European Commission's draft policy to impose 36% EU tariff on EVs from China.
