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Inger Andersen, Executive director of the United Nations Environment Programme speaks at the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. REUTERS/Denis Balibouse/File Photo
ClimateClimate FinanceNewsPoliticsResiliencyUnited Nations

Developing world faces multi-billion climate adaptation cash gap, U.N. report says

Developing nations need $359B yearly to adapt to climate change, yet funding in 2022 hit only $28B, a UNEP report shows.

FILE PHOTO: A woman walks past a sign of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
ClimateElectionsEmissionsEnvironmentNewsPolitics

Trump win worries international partners ahead of COP29 climate summit

President Donald Trump won a decisive victory over Vice President Kamala Harris in the November 6. U.S. election.

Planet Earth with connections between countries
AnalysisBusinessCritical MineralsElectricityEmissionsManufacturingMaritimeReportsSolarStorageTradeUtilitiesWind

Global clean technologies booming: Markets projected to reach $2 trillion by 2035

This report from the International Energy Agency (IEA) explores the economic potential of manufacturing clean energy technologies, focusing especially on the market for...

U.S. President Donald Trump and China's President Xi Jinping pose for a photo ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File Photo
AnalysisEconomyElectric Vehicles (EVs)PoliticsSolarTrade

Explainer: China-U.S. talks on critical issues under threat as new Trump era looms

Beijing is already irked by U.S. "green trade barriers" on electric vehicles, batteries and solar panels.

A hawk flies over part of Oak Flat that is visible from a viewing area at the Resolution Copper exploratory mine shaft 10 facility and rehabilitated Magma Mine shaft 9 in Superior, Arizona, U.S., March 30, 2021. REUTERS/Caitlin O'Hara/ File Photo
BusinessCritical MineralsMiningNewsPoliticsRegulations

Rio Tinto exec asks Trump Administration to speed up permitting

Rio Tinto urges the Trump administration to expedite mine permits to secure copper for the energy transition, despite local opposition.

FILE PHOTO: A fish carcass is seen on a sandbank that emerged in the middle of the Solimoes River in the Amazon Basin, which is suffering from the worst drought on record, near Manacapuru, Amazonas state, Brazil September 20, 2024. REUTERS/Jorge Silva/File Photo
AnalysisClimateClimate FinanceEmissionsEnvironmentReportsWeather

2024 will be world’s hottest on record, EU scientists say

2024 is set to become the hottest year on record, intensifying calls for stronger climate action at COP29 in Azerbaijan.

FILE PHOTO: Petrol prices are seen on a billboard at a YPF gas station, as Argentina is battling with an annual inflation heading towards 200%, in Buenos Aires, Argentina December 29, 2023. REUTERS/Martin Cossarini/File Photo
BusinessCourtsLiquefied Natural GasNewsOilPoliticsRegulations

US sides with Argentina in dispute over $16 billion YPF judgment

U.S. supports Argentina in court, arguing against YPF stake seizure to satisfy $16.1B judgment, citing sovereign immunity concerns.

FILE PHOTO: Electric vehicle chargers from Electrify America are shown in a shopping center parking lot in Oceanside, California, U.S.,October 19, 2023.  REUTERS/Mike Blake/File Photo
AnalysisBusinessElectric Vehicles (EVs)ManufacturingPoliticsRegulations

Automakers brace for new tariffs, EV changes under Trump presidency

Automakers face Trump's tariffs on Mexican imports, potential EV rollbacks, risking billions in green tech and shifting production plans.

Donald Trump ran on opening up the United States to more petroleum development, but the oil industry does not always embrace additional drilling (GETTY IMAGES NORTH AMERICA)
AnalysisBusinessOilPolitics

‘Drill, baby, drill’: Trump policy poses risks, opportunities for oil industry

Trump's pro-oil agenda could drive US output up, but experts caution that lower prices may clash with industry priorities.

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink

Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.

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