Monday, 25 August 2025

Focus on Politics

Like their allies elsewhere in Europe, Germany's Greens saw their support slide (AFP)
ClimateElectionsNewsPolitics

Green parties suffer EU poll drubbing

Green parties suffered major losses in the EU elections, hit by discontent at the bloc's environmental push and voters' shifting priorities.

Parties urged to seize economic opportunities of speeding up net zero transition (Gareth Fuller/PA)
ClimateEconomyEmissionsNewsPolitics

UK must seize ‘economic opportunity’ of net zero, political parties urged

Speeding up the shift to “net zero” could boost the UK economy by billions – while slowing it down will hit families, political...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)FinanceNewsPoliticsTransport

Tesla turns to Musk’s small shareholder fans to back $56bn payday

Tesla is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.

Bas Eickhout, lead candidate for the European Greens, reacts to the announcement of the first provisional results for the European Parliament elections, at the European Parliament building, in Brussels, Belgium, June 10, 2024. REUTERS/Piroschka van de Wouw
AnalysisClimateElectionsElectric Vehicles (EVs)EmissionsGreen SteelIn-DepthPoliticsSolarWind

Rightward shift after election could limit future EU climate policies

A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe's current world-leading green...

FILE - Australian Prime Minister Anthony Albanese smiles at the end of a press conference in Sydney, July 4, 2023. Albanese said on Monday, June 10, 2024, the opposition would renege on the nation's ambitious target to reduce greenhouse gas emissions by 2030 if the conservative party wins elections due within a year. (AP Photo/Rick Rycroft, File)
ClimateElectionsEmissionsNewsPolitics

Australia’s leader says opposition will renege on emissions target

Anthony Albanese said the opposition Liberal Party would renege on the nation’s ambitious target to reduce greenhouse gas emissions by 2030.

FILE PHOTO: People walk in front of BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNewsPoliticsTrade

European nations compete for Chinese EV factories

While the EU investigates China's auto subsidies and considers tariffs on imports, European governments are dangling incentives.

A car owner pumps at a petrol station in Kuala Lumpur, Malaysia, Monday, June 10, 2024. Diesel price in Malaysia jumped by more than 50% on Monday as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgits annually. (AP Photo/Vincent Thian)
AutomotiveEconomyFuelNewsPoliticsTransport

Diesel prices jump 56% as Malaysia revamps fuel subsidies

Malaysia's Prime Minister Anwar Ibrahim announced the decision to cut diesel subsidies last month so lower-income groups could prepare.

FILE PHOTO: General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo
EconomyFuelNewsOilPoliticsTrade

Saudi Arabia’s Q1 oil activities down 11.2%, GDP shrinks estimated 1.7% y/y

Saudi Arabia's Q1 GDP shrank 1.7%y/y, preliminary government data showed on Sunday, as a decline in oil activities weighs on growth

The Swiss government wants to use a new climate bill to boost wind and solar power's current miniscule contribution to Switzerland's energy mix (AFP)
ClimateCourtsElectionsElectricityEnvironmentNewsPoliticsSolarWind

Swiss vote on renewable energy plan for 2050 carbon neutrality

Swiss voters were expected to approve in a referendum Sunday a law aimed at accelerating the development of renewable energy

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
EconomyNewsOilPolitics

US speeds up purchasing for Strategic Petroleum Reserve as oil prices dip

The Biden administration in 2022 announced a record sale of 180 million barrels from the SPR after Russia's invasion of Ukraine. The move...

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