Thursday, 7 August 2025

Focus on Politics

FILE PHOTO: Chairman of Ferrari and Stellantis John Elkann attends an event to inaugurate Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)NewsRegulations

Stellantis chair Elkann targeted in 75 million euro seizure over alleged tax fraud

The investigation, opened earlier this year, alleges Elkann did not pay tax on assets he and his siblings inherited after the death of...

BusinessCarbon ManagementClimateCoalEconomyEmissionsFinanceNews

ADB approves $500 million loan for Indonesia’s energy transition efforts

The ADB approved a $500M loan to support Indonesia's clean energy transition, reducing coal use and boosting renewables.

Cars ride in traffic along the I5 freeway is shown in Los Angeles, California, U.S., July 12, 2023.   REUTERS/Mike Blake/File Photo
AutomotiveEmissionsLegislationNewsPoliticsRegulations

US House votes narrowly to repeal Biden administration EPA tailpipe emissions rules

The U.S. House has voted narrowly to repeal EPA's clean vehicle rules, but Biden vows a veto if it passes the Senate.

FILE PHOTO: A passenger plane is seen with the moon behind as it begins its final landing approach to Heathrow Airport in London, Britain, September 25, 2018. REUTERS/Toby Melville/File photo
AnalysisBusinessEmissionsFinancePoliticsUnited Nations

Scant green premium stalls over 450 low-carbon projects

High-emitting industries face financing struggles for 450+ low-carbon projects, needing $700 billion by 2030 to meet global decarbonization goals.

Miatta Fahnbulleh said a new framework to regulate third-party intermediaries could end hidden fees (PA)
BusinessNewsPoliticsRegulations

UK energy price comparison websites set for new regulations

Price comparison websites and energy brokers will be regulated in a bid to end their alleged “license to scam”.

A girl holds a banner with a message that reads in Portuguese: "Stop setting fires in nature", during a global climate protest in Brasilia, Brazil, Friday, Sept. 20, 2024. (AP Photo/Eraldo Peres)
ClimateNewsPolitics

In NYC and elsewhere, climate protesters say pace of change isn’t fast enough

Activists from the youth-led group Fridays for Future geared up Friday for protests around the world to demand action on climate change.

Ilan Goldfajn, President of the Inter-American Development Bank speaks at the EU-LAC 2023 Business Round Table at the European Commission headquarters on the day of the EU-CELAC summit, in Brussels, Belgium July 17, 2023. REUTERS/Yves Herman/File Photo
BusinessClimateClimate FinanceFinanceNewsPolitics

Climate finance from multilateral banks up to $125 billion in 2023

Climate finance broadly refers to funding for climate change activities and can include grants, loans and proceeds from bonds.

Energy firms are joining the Scottish Government on a new working group to look at creating a new social tariff (Jacob King/PA)
ElectricityFuelNatural GasNewsPolitics

Energy firms to work with Scottish govt on social tariff

Ministers are working with E.On, EDF Energy, Scottish Gas (Centrica) and consumer organisations on a new group that aims to design the tariff

FILE - A 2023 Ford Mustang Mach-E charges, Friday, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)
BusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMineralsNewsPolitics

US awards $3 billion for EV battery production in 14 states

The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021.

Netley Creek and The Red River enter Lake Winnipeg just north of Winnipeg, Sunday, May 15, 2022. A Manitoba court is being asked to declare Lake Winnipeg a person with Constitutional rights to life, liberty and security of person. THE CANADIAN PRESS/John Woods/POOL
BiodiversityCourtsEnvironmentIndigenousLegislationNewsRegulationsResiliency

‘She is dying’: Lawsuit asks Lake Winnipeg to be legally defined as a person

A lawsuit seeks to grant Lake Winnipeg constitutional rights, pushing for environmental assessments on lake management.

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