Thursday, 21 August 2025

Focus on Politics

Daniela Cavallo, Chairwoman of the General and Group Works Council of Volkswagen AG, speaks to employees announcing job cuts and closure of a few Volkswagen factories, at the company's headquarters in Wolfsburg, Germany, October 28, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessManufacturingNewsPolitics

Volkswagen labour chief sounds alarm on mass layoffs, three German plant closures

Volkswagen to close three German factories and lay off thousands, increasing pressure on the government amid economic woes.

FILE PHOTO: Smoke billows from a chimney at a combined-cycle gas turbine power plant while coinciding the COP28 is being held in Dubai, in Drogenbos, Belgium December 6, 2023. REUTERS/Yves Herman/File Photo
BusinessClimate FinanceEmissionsNatural GasNewsOil

Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...

Campaigners at Oxfam Scotland are urging First Minister John Swinney to have talks with the UK Govenrment so Scotland can introduce a new tax on ‘planet wrecking private jets’. (Nicholas T Ansell/PA)
AviationClimateEmissionsEnvironmentNewsPolitics

Scotland must act to tax ‘planet-wrecking private jets’, campaigners urge

Scotland urged to tax private jets, with Oxfam claiming their "reckless pollution" fuels climate crisis and extreme inequality.

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourManufacturingNewsTrade

Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report

Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...

AnalysisCarbon ManagementEmissionsHydrogenInfrastructureOpinionRegulations

Getting carbon capture right will be hard — but that doesn’t make it optional

Building a global CO2 disposal industry by 2050 is challenging, but it's essential for meeting climate goals and curbing fossil fuel impacts.

The Ontario government is moving to extend its 5.7-cent cut to the gas tax until next summer. Ontario premier Doug Ford holds a press conference at a gas station in Toronto on Tuesday, October 31, 2023. THE CANADIAN PRESS/Nathan Denette
AutomotiveLegislationNewsTransport

Ontario government moves to extend 5.7 cent gas tax cut to June 2025

Premier Doug Ford says his government will soon put forward legislation to keep the tax at nine cents per litre until June 30.

Robert Black, left, with the Navajo Tribal Utility Authority, supervises as a volunteer crew lifts a power line pole, Tuesday, Oct. 8, 2024, on the Navajo Nation in Halchita, Utah. (AP Photo/Joshua A. Bickel)
ElectricityIndigenousInfrastructureNewsPoliticsTransmissionUtilities

On Navajo Nation, a push to electrify more homes on the vast reservation

About 32% of Navajo homes still have no electricity — and connecting those remaining 10,400 people to the grid comes with a $400...

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