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FILE PHOTO: Activists protest against fossil investments before the annual general meeting of the Swiss National Bank (SNB) in Bern, Switzerland, April 26, 2024. REUTERS/Denis Balibouse/File Photo
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Analysis: Exodus by Wall Street banks from climate group worries advocates

U.S. banks exit climate coalition NZBA amid political pressure, raising concerns over their commitment to reducing fossil fuel financing.

By Simon Jessop, Iain Withers and Saeed Azhar6 Jan 2025Reuters
Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
BusinessClimateEconomyElectricityEmissionsEnvironmentFinanceFuelIndustryInfrastructureNewsPolitics

Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

By Rebecca Speare-Cole17 Dec 2024UK PA Media

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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. REUTERS/Shannon Stapleton//File Photo

Trump says US ‘pretty close’ to minerals deal with Ukraine

22 Feb 2025Reuters
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo

EU to pare back sustainability rules for companies, draft shows

22 Feb 2025Reuters
FILE PHOTO: A BMW logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

BMW says it will review timing of electric Mini production in UK

22 Feb 2025Reuters
X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand (AFP)

China’s EV maker XPeng eyes doubling global presence by year’s end

22 Feb 2025Agence France-Presse

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

Learn from Canada’s world-leading battery energy storage production for transport

19 Dec 2024Kathari News