Monday, 25 August 2025

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FILE - Oregon resident Patrick Coffin fills up his car at a gas station in Portland, Ore., Aug. 4, 2023. New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real world driving, up from about 29 mpg this year, under new federal rules unveiled Friday, June 7, 2024, by the Biden administration. President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric. (AP Photo/Claire Rush, File)
AutomotiveElectric Vehicles (EVs)EmissionsFuelNewsPoliticsRegulationsTransport

Real-world mileage standard for new vehicles in U.S. rising to 38 mpg in 2031 under new Biden rule

President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric, part of...

Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, U.S., March 29, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsFuelNewsPoliticsRegulations

US raises truck, SUV fuel economy rules, much less than first proposed

The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a...

ClimateClimate FinanceElectricityEmissionsNatural GasNewsPoliticsUnited Nations

COP29 climate hosts say they’ll keep expanding fossil fuels

The incoming president of the COP29 UN climate summit in Azerbaijan says his country will keep increasing fossil fuel production "in parallel" with...

Elon Musk, Chief Executive Officer of SpaceX and Tesla, walks after attending the opening of the 10th World Water Forum in Nusa Dua, Bali, Indonesia, May 20, 2024. REUTERS/Johannes P. Christo
BusinessCourtsElectric Vehicles (EVs)FinanceNews

Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay

Tesla said the legal team for Richard Tornetta, the shareholder whose lawsuit led to a January ruling voiding CEO Elon Musk's $56 billion...

FILE PHOTO: Fields of heliostat mirrors reflect sunlight at the Ivanpah Solar Electric Generating System, the world’s largest solar thermal power station, in the Mojave Desert near Nipton, California U.S., February 27, 2022.  REUTERS/Bing Guan/File Photo
NewsPoliticsSolarTrade

U.S. trade panel votes to proceed with solar panel tariff probe

The U.S. International Trade Commission voted on Friday to proceed with an investigation into whether solar panels from Southeast Asia are stifling domestic...

FILE PHOTO: Dump trucks haul coal and sediment at the Black Butte coal mine outside Rock Springs, Wyoming, U.S. April 4, 2017.  REUTERS/Jim Urquhart/File Photo
BusinessClimate FinanceCoalEconomyFuelNewsPoliticsTradeUnited Nations

Major world economies seek to halt new private sector coal financing

World's major economies looking to finalise a plan ahead of UN climate summit to halt new private sector funding for coal projects.

Mark Carney, the UN Special Envoy on Climate Action and Finance, attends The Museum of American Finance Gala, at the Ziegfeld Ballroom in New York City, U.S., March 7, 2024. REUTERS/Jeenah Moon/ File Photo
BusinessClimateEconomyFinanceNewsPolitics

US House committee grills Carney, Schapiro in push against climate coalitions

US lawmakers' committee interviews with GFANZ leaders Carney and Schapiro in escalation of push against coalitions to tackle climate change

Solar panels in the northern town of Boundiali in Ivory Coast stretch across 36 hectares (89 acres) (AFP)
ClimateEconomyElectricityEnvironmentLegislationNewsPoliticsRegulationsSolar

Ivory Coast bets on solar in clean energy drive

Ivory Coast has pledged to increase its renewable energy to 45%, including 9% solar, and to reduce its greenhouse gas emissions by 30%

FILE PHOTO: Turkey's Vice President Cevdet Yilmaz speaks during a press conference to unveil a savings measures package in Ankara, Turkey, May 13, 2024. REUTERS/Umit Bektas/File Photo
BusinessClimateEmissionsLegislationNewsPoliticsRegulations

Turkey to implement national emissions-trading system soon, vice president says

Turkey will soon implement a national emissions-trading system in line with the EU Green Deal, Turkish VP Cevdet Yilmaz said on Friday

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
BusinessFinanceFuelNewsOilPoliticsTrade

Saudi Arabia set to raise $11.2bn in Aramco lower priced share offer

Saudi Arabia is poised to raise more than $11.2bn from its secondary offering of oil giant Aramco's lower priced shares

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