Wednesday, 27 August 2025

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Smoke billows during a wild fire, in Leiria, Portugal July 13, 2022. REUTERS/Rodrigo Antunes/File Photo
AnalysisAviationBusinessClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsRegulationsTradeUnited Nations

As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there

COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.

TC Energy headquarters in Calgary on July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessCoalElectionsNatural GasNewsOilPolitics

TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas

As a company, TC Energy has already seen first-hand how business can flourish or be derailed by political winds south of the border.

Bernadine Gibson, 82, talks about leaks in her kitching ceiling and how she is looking forward to renovations to the building her family has lived in for 27 years, Monday, Nov. 18, 2024, in Chicago. (AP Photo/Erin Hooley)
AnalysisBuildingsEconomyElectricityEmissionsInfrastructureNatural GasOilPoliticsRegulationsSolarStorageUtilities

US apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades

HUD's $1.4B Green Retrofit Program updates affordable housing, focusing on energy efficiency, cost savings, and climate resilience.

FILE PHOTO: A general view of Northvolt facility in Skelleftea, Sweden is seen in this undated handout photo. Northvolt/Handout via REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

Sweden has no plans to take stake in Northvolt, deputy PM says

Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.

A man in formal wear stands at a podium, giving a speech.
BusinessClimate FinanceCoalEmissionsNatural GasNewsOilUnited Nations

UK joins coalition to phase out fossil fuel subsidies

The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.

Farmers burn stubble in a rice field at a village in Karnal in the northern state of Haryana, India.
AgricultureEmissionsEnvironmentNewsRegulations

Indian farmers, short on time, burn crop waste despite toxic smog

In Punjab, Indian farmers struggle with crop waste disposal, resorting to burning amid the air quality crisis.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, dressed in formal wear, speaking while seated at a desk.
Climate FinanceCoalFuelNatural GasNewsOilUnited Nations

COP29 talks buoyed by G20 support but fears stoked over fossil fuels backsliding

The G20's support for a strong finance deal at COP29 was welcomed, but concerns arose over fossil fuel commitments.

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
BusinessClimate FinanceElectricityNewsSolarUnited NationsWind

Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

AnalysisClimate FinanceEmissionsPoliticsUnited Nations

Carbon Brief on COP29: Six key reasons why international climate finance is a ‘wild west’

Carbon Brief: Climate finance has long been plagued by accusations of poor transparency. Much stems from a lack of consensus on what counts.

A view of the ThyssenKrupp headquarters in Essen, Germany, November 22, 2023. REUTERS/Jana Rodenbusch/File Photo
BusinessEconomyGreen SteelIndustryNewsTrade

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

Thyssenkrupp takes one billion euros steel writedown, shares jump 10 per cent as analysts eye cash flow gains and a potential stake sale.

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