Thursday, 21 August 2025

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Extra duties on imports of electric vehicles from China are due to enter into force on Thursday (AFP)
BusinessEconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

EU adopts extra tariffs of up to 35.3% on Chinese EVs

The EU will impose new tariffs on Chinese electric cars after a probe found unfair subsidies, risking trade tensions with Beijing.

Developers have suspended oil extraction at the Horse Hill site in Surrey four months after the Supreme Court quashed its planning permission (Gareth Fuller/PA)
CourtsInfrastructureNewsOil

Developers stop oil drilling in Surrey amid legal row after UK Supreme Court ruling

Developers have suspended oil extraction at a site in Surrey four months after the Supreme Court quashed its planning permission.

FILE PHOTO: Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo
BusinessElectric Vehicles (EVs)IndustryNewsRegulationsTrade

European car safety agency snubs BYD’s Atto 3 driver assistance system

MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...

AnalysisEconomyElectionsEmissionsEmissions MarketsOpinionPolitics

Opinion: What should be in a plain-speaking Conservative climate plan

David McLaughlin: Conservatives should move past “axe the tax” and start with an audit of what's working and what isn't in Canadian climate...

FILE PHOTO: A general view of the Tata Steel factory, where the producer presents two installations which, the company expects, will ensure fewer emissions, in IJmuiden, Netherlands, January 25, 2024. REUTERS/Piroschka van de Wouw/File Photo
BusinessClimate FinanceElectricityEmissionsNatural GasNewsSolarWind

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Investment in the green energy transition must double to meet the Paris Agreement's net zero goal by 2050, says Wood Mackenzie.

President Joe Biden speaks at a reception celebrating Diwali, in the East Room of the White House in Washington, Monday, Oct. 28, 2024. (AP Photo/Ben Curtis)
Climate FinanceEmissionsInfrastructureLegislationMaritimeNews

In a visit to Baltimore, Biden will announce $3 billion to reduce carbon emissions at US ports

As part of Biden's landmark climate law, the largest clean energy investment in U.S. history, $3B will boost climate-friendly port infrastructure.

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessEconomyNewsOilTrade

BP third quarter profit slumps to $2.3 billion as oil demand sags

The 30 per cent drop in profits from a year earlier comes amid a slowdown in global economy activity and oil demand, particularly...

FILE PHOTO: A general view of electricity pylons during an organised media tour in Jiuquan, Gansu province, China October 17, 2024. REUTERS/Tingshu Wang/File Photo
AnalysisBusinessEconomyElectricity

China power demand growing faster than expected in 2024, industry association says

The China Electricity Council now sees 2024 electricity consumption growing by seven per cent to 9.9 trillion kilowatt-hours.

The Onagawa nuclear plant photographed in April 2011 before the new anti-tsunami wall was built (AFP)
ElectricityNewsNuclear PowerPoliticsRegulations

Japan nuclear reactor near Fukushima to restart

A Japanese nuclear reactor with an upgraded anti-tsunami wall was set to restart Tuesday in a region near the crippled Fukushima plant, according...

A decade after the Cuban government said it aimed to produce 24 percent of its electricity from renewables by 2030, the Caribbean island has made little progress, as evidenced by nationwide blackouts caused by a power grid failure (AFP)
AnalysisBiofuelsElectricityIndigenousIndustryInfrastructureSolarWind

Cuban blackout highlights urgency of boosting renewables: experts

Cuba's recent blackout highlights its struggle to transition from outdated oil-fired power plants to renewables amid severe economic strain.

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