Thursday, 21 November 2024

Politics

FILE PHOTO: A banner depicting Ford Super Duty pickup truck is pictured outside Ford's Kentucky truck plant as a United Auto Workers (UAW) union members pickets after going on strike in Louisville, Kentucky, U.S. October 12, 2023.  REUTERS/Luke Sharrett/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourSemiconductorStorage

UAW says majority of workers at Ford joint-venture battery plant sign union cards

A majority of workers at a Ford Motor battery plant in Kentucky have signed cards indicating their support for the United Auto Workers,...

Solar panels sit in the yard of an apartment building in Lyman, Donetsk region, Ukraine.
ElectricityPoliticsSolarWind

Ukraine has seen success in building clean energy, which is harder for Russia to destroy

Ukraine's largest private energy company reveals bar charts of rebuilding Ukraine's clean power amid relentless Russian strikes.

A parched field is pictured in Balkh province, Afghanistan.
Climate FinanceEnvironmentUnited NationsWeather

UN moves to unlock stuck climate financing for Afghanistan, agencies say

UN agencies push for climate funds for Afghanistan, stalled since the Taliban's 2021 takeover, officials say.

An image of campaigners holding 'pay up' signs.
ClimateClimate FinanceUnited Nations

‘Steep climb’ ahead as clock ticks on stalled climate talks

With two days left at COP29, wealthy nations have yet to disclose funding plans for developing countries on climate change.

ClimateClimate FinanceEmissionsEnvironmentPolitics

COP29 president faces pressure over LSE climate academic detained in Azerbaijan

COP29 faces scrutiny as academics urge Azerbaijan to release detained climate professor Gubad Ibadoghlu amid health concerns.

Visitors look at a video about battery-powered ships in the showroom at the headquarters of Chinese EV battery maker CATL in Ningde, Fujian province.
Climate FinanceEmissionsEnvironmentUnited Nations

As Trump returns, China seizes chance for climate mantle

With Trump expected to take the U.S. out of climate diplomacy, China positions itself as a global climate leader at COP29.

FILE PHOTO: A Volvo logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)LegislationPoliticsRegulationsTransport

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push

Nebraska AG sues top truck makers, alleging collusion to phase out diesel semis in favor of electric trucks to meet California rules.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump addresses supporters at his rally, at the Palm Beach County Convention Center in West Palm Beach, Florida, U.S., November 6, 2024. REUTERS/Brian Snyder/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FuelLegislationLiquefied Petroleum GasOilPoliticsRegulationsTransport

Trump administration plans to roll back Biden’s stricter fuel-efficiency standards

Trump's team plans to roll back Biden-era EV rules and fuel standards, aiming to ease automaker burdens and end the EV tax credit.

Botswana's newly elected President Duma Boko annuonced plans to diversify the diamond-dependent economy (AFP)
BusinessEconomyElectricityPoliticsRegulationsSolar

New Botswana leader eyes cannabis, sunshine to lift economy

Botswana's President Duma Boko unveils plans to diversify the economy via solar energy, medicinal cannabis, and tech innovation.

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)PoliticsRegulationsTrade

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 view shows a venue of the COP29 United Nations climate change conference, in Baku, Azerbaijan November 20, 2024. REUTERS/Aziz Karimov
BiodiversityClimateEmissionsEnvironmentIndigenousPoliticsUnited Nations

At COP29, more than 50 countries sign UN sustainable tourism declaration

Over 50 nations pledge at COP29 to align tourism with climate goals, addressing its 8.8 per cent emissions impact through reforms.

ClimateClimate FinanceEmissionsEnvironmentPolitics

COP29 president faces pressure over LSE climate academic detained in Azerbaijan

COP29 faces scrutiny as academics urge Azerbaijan to release detained climate professor Gubad Ibadoghlu amid health concerns.

Visitors look at a video about battery-powered ships in the showroom at the headquarters of Chinese EV battery maker CATL in Ningde, Fujian province.
Climate FinanceEmissionsEnvironmentUnited Nations

As Trump returns, China seizes chance for climate mantle

With Trump expected to take the U.S. out of climate diplomacy, China positions itself as a global climate leader at COP29.

The Cop29 UN Climate Summit was being held in Baku, Azerbaijan (Peter Dejong/AP)
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousPoliticsResiliencyUnited Nations

Lack of focus on nature and farming solutions at COP29, say campaigners

Campaigners at COP29 urge nations to prioritize nature-based solutions, like forests and soil, in climate finance and action plans.

A man stands next to the logo of the COP29 United Nations climate change conference, in Baku, Azerbaijan November 20, 2024. REUTERS/Maxim Shemetov/File Photo
ClimateClimate FinanceEmissionsEnvironmentPolitics

Climate finance talks face ‘hardest’ stage as COP29 nears end-game

COP29 finance talks heat up as negotiators tackle funding for climate adaptation, clean energy, and emission cuts amid a Friday deadline.

An image of campaigners holding 'pay up' signs.
ClimateClimate FinanceUnited Nations

‘Steep climb’ ahead as clock ticks on stalled climate talks

With two days left at COP29, wealthy nations have yet to disclose funding plans for developing countries on climate change.

FILE PHOTO: A piece of equipment with an Nvidia logo is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)RegulationsSemiconductor

Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia’s Q4 forecast topped estimates, but shares fell as sky-high investor expectations and supply-chain snags challenge big revenue beats.

FILE PHOTO: Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo
BusinessCourtsElectricityRegulationsSolarTrade

Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case

Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.

ClimateCourtsEmissionsEnvironmentLegislationPoliticsRegulationsUtilities

Judge puts stop to governor’s effort to remove Virginia from greenhouse gas initiative

The ruling said Virginia's Air Pollution Control Board exceeded its authority when it voted last year to exit the Regional Greenhouse Gas Initiative.

US auto executives are preparing for a potential pullback on electric vehicle mandates under the incoming Trump administration (AFP)
BusinessEconomyElectric Vehicles (EVs)Politics

Awaiting Trump, US auto execs further temper EV push

US automakers may slow EV production as Trump targets Biden's climate policies, including the $7,500 EV tax credit from the Inflation Reduction Act.

FILE PHOTO: U.S. Secretary of Energy Jennifer Granholm speaks at a press conference during the United Nations Climate Change Conference (COP29), in Baku, Azerbaijan November 15, 2024. REUTERS/Murad Sezer/File Photo
BusinessHydrogenPolitics

US awards up to $2.2 billion to speed clean-hydrogen development

U.S. awards $2.2B for Gulf Coast and Midwest hydrogen hubs to advance clean energy, cut emissions, and boost energy security.

BusinessEmissionsInfrastructureLegislationOilRegulationsTransmission

Alberta Energy Regulator orders Sunshine Oilsands to suspend wells, pipelines

Sunshine Oilsands Ltd. has been ordered to suspend its wells, facilities and pipelines for failing to meet regulatory obligations.

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

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.

A Nuclear Waste Management Organization senior transportation engineer explains transportation signage for waste uranium during a tour of NWMO's facility in Oakville, Ont., Tuesday, Dec. 12, 2023.  THE CANADIAN PRESS/Frank Gu
ElectricityEmissionsEnvironmentIndigenousLegislationNuclear FusionNuclear PowerPoliticsRegulations

Northern Ontario First Nation says yes in referendum on possible nuclear waste site

The town council of Ignace voted in favour earlier this year, and its counterpart Wabigoon Lake Ojibway Nation has now also voted yes.

Prime Minister Justin Trudeau takes part in a fireside chat with Michael Sheldrick, co-founder and Chief Policy, Impact and Government Affairs Officer at Global Citizen Now event on the sidelines of the G20 Summit in Rio de Janeiro, Brazil on Sunday, Nov. 17, 2024. THE CANADIAN PRESS/Sean Kilpatrick
ClimateEmissionsEmissions MarketsLegislationPoliticsRegulationsVoluntary Carbon Markets (VCMs)

Trudeau touts embattled carbon levy to global audience, says it faces misinformation

Prime Minister Justin Trudeau is defending his embattled carbon-pricing program on the world stage, and he argues that misinformation is threatening environmental progress.

Aerial view of Brucejack Mine in British Columbia, showing residential and commercial buildings near a large blue lake and snow-topped black mountains.
BusinessEconomyIndigenousMining

New Indigenous-owned mining royalty company a first in Canada

Backed by billionaire Canadian Frank Giustra, Nations Royalty offers investors access to Indigenous-owned royalties.

FILE PHOTO: A drone view shows the aftermath of floods and landslides in the village of Donja Jablanica, Bosnia and Herzegovina, October 6, 2024.REUTERS/Marko Djurica/File Photo
ClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsUnited Nations

Bosnia needs to invest $6.8 billion to tackle climate change impact, World Bank says

Bosnia needs $6.8B in climate adaptation by 2030 to combat floods, air pollution, and ensure economic stability, says World Bank.

FILE PHOTO: A logo is pictured on the factory of STMicroelectronics in Plan-les-Oautes near  Geneva, Switzerland, December 6, 2016. REUTERS/Denis Balibouse/File Photo
BusinessEconomyElectric Vehicles (EVs)PoliticsRegulationsSemiconductorTrade

STMicro partners with Hua Hong as chipmakers need China, says CEO

STMicroelectronics partners with China's Hua Hong, citing local production as key to competing in the fast-evolving Chinese EV market.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPolitics

Stellantis again pauses Italy plants as minister wants new investments

Stellantis pauses production at two Italian plants amid EV challenges, as Rome demands clear investment plans to secure jobs.

Workers of Europe's largest carmaker Volkswagen AG gather during a briefing of the Works Council about VW's plans to close down three plants and lay off thousands of employees at the VW headquarters in Wolfsburg, Germany, October 28, 2024. Julian Stratenschulte/Pool via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)Labour

VW union proposes $1.6 billion of cuts, but no plant closures

Volkswagen workers offer €1.5B in cost savings to avoid plant closures, warning of historic conflict over deeper cuts and closures.

Solar panels sit in the yard of an apartment building in Lyman, Donetsk region, Ukraine.
ElectricityPoliticsSolarWind

Ukraine has seen success in building clean energy, which is harder for Russia to destroy

Ukraine's largest private energy company reveals bar charts of rebuilding Ukraine's clean power amid relentless Russian strikes.

Indonesian President Prabowo Subianto arrives at the government palace to meet with Peru's President Dina Boluarte, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Lima, Peru November 14, 2024. REUTERS/Agustin Marcarian
ClimateCoalEconomyElectricityEmissionsEnvironmentIndigenousPoliticsSolar

Indonesia can reach net zero emissions before 2050, president says

Indonesia aims for net zero by 2050, retiring fossil fuels in 15 years and building 75 GW of renewables, says President Prabowo.

FILE PHOTO: Containers sit at a terminal at the Yangshan deepwater port during an organised media tour, in Shanghai, China October 10, 2024. REUTERS/Casey Hall/File Photo
BusinessEconomyLegislationPoliticsRegulationsTrade

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll

U.S. tariffs on China could hit 40 per cent in 2025, cutting up to one per cent off China's growth amid debt risks...

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

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.

Xiaomi founder and CEO Lei Jun speaks during an event in Beijing, China October 29, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveElectric Vehicles (EVs)Trade

Xiaomi CEO: SU7 deliveries surpass 100,000, aiming for 130,000 by year end

Xiaomi targets 130,000 of its EV series SU7 units by the end of the year, which is 10,000 more than its earlier goal.

New Delhi is regularly cloaked in toxic smog (AFP)
ClimateEmissionsEnvironmentRegulations

New Delhi shuts schools as smog exceeds 60 times WHO limit

New Delhi schools shift online as toxic smog hits 60x WHO limits, with PM2.5 levels peaking at hazardous levels, impacting health.

A drone view shows solar panels on the roof of the favela residents.
EconomyElectricitySolarTransmissionWind

Solar power project in Brazil favelas hopes to shine in G20 spotlight

In Morro da Babilonia, Brazil, residents hope their local solar project will gain attention during Rio's G20 summit.

An image of Susana Muhamad, environment minister of Colombia, smiling at the camera.
Climate FinanceCoalElectricityEmissionsFuelOilSolarUnited NationsWind

Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

Colombia's president, Gustavo Petro, is set on transitioning from fossil fuels, prioritizing the green energy transition despite costs.

Bolivia's Economy Minister Marcelo Montenegro speaks during a press conference, in La Paz, Bolivia November 14, 2024. REUTERS/Claudia Morales
BiodiversityClimateEmissions MarketsEnvironmentIndigenousVoluntary Carbon Markets (VCMs)

Bolivia to sell $5 billion in carbon credits to stem rampant forest loss

Bolivia aims to sell $5 billion worth of carbon offset credits, the government announced on Thursday, in a bid to stop rampant forest...

(FILES) A general view where a dam burst in the village of Bento Rodrigues, in Mariana, the southeastern Brazilian state of Minas Gerais on November 6, 2015.   A Brazilian court on November 14, 2024, cleared mining giants BHP and Vale, and their Brazilian joint venture Samarco, of responsibility over a 2015 dam collapse that caused the country's worst ever environmental disaster. (AFP)
BusinessCritical MineralsEmissionsEnvironmentIndigenousMining

BHP, Vale cleared by Brazil court over 2015 dam disaster

A Brazilian court on Thursday cleared BHP, Vale, and their Brazilian joint venture Samarco, of responsibility over the 2015 dam collapse.

The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEmissionsMiningRegulations

Chilean regulator charges Codelco smelter with emissions violation

Chile’s environmental regulator has filed a "serious" charge against Codelco's Potrerillos smelter over emissions violations.

A parched field is pictured in Balkh province, Afghanistan.
Climate FinanceEnvironmentUnited NationsWeather

UN moves to unlock stuck climate financing for Afghanistan, agencies say

UN agencies push for climate funds for Afghanistan, stalled since the Taliban's 2021 takeover, officials say.

Botswana's newly elected President Duma Boko annuonced plans to diversify the diamond-dependent economy (AFP)
BusinessEconomyElectricityPoliticsRegulationsSolar

New Botswana leader eyes cannabis, sunshine to lift economy

Botswana's President Duma Boko unveils plans to diversify the economy via solar energy, medicinal cannabis, and tech innovation.

A climate activist holds a placard as people call for climate justice resistance against oil and gas corporations and to end fossil fuels outside the Cape Town International Convention Centre during the Southern Africa Oil and Gas Conference in Cape Town, South Africa , September 13, 2023. REUTERS/Esa Alexander/File Photo
BusinessEmissionsEmissions MarketsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

South Africa’s revised carbon tax to be harsher but with more offsets, Treasury says

South Africa is one of the world's top 15 greenhouse gas emitters and the only country in Africa with a carbon tax.

A pumpjack operates at a drilling site in Baku, Azerbaijan.
Climate FinanceEmissionsHydropowerOilRegulationsSolarWind

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

Countries will gather in Azerbaijan for COP29 — a place that was one of the birthplaces of the oil industry.

FILE PHOTO: A municipal worker attempts to unclog a flooded road in Newlands during heavy rains in Cape Town, South Africa, July 9, 2024. REUTERS/Esa Alexander/File Photo
ClimateClimate FinanceEmissionsPolitics

South Africa concerned Trump election will impact climate talks

Trump's election and the collapse of Germany's coalition government this week have come right before COP29.

US President Joe Biden promoted his record on combatting climate change (AFP)
ClimateEconomyEmissionsPolitics

‘Nobody can reverse’ US progress on clean energy: Biden

In Brazil, Biden touts U.S. "clean energy revolution," saying, "nobody can reverse it," ahead of Trump’s presidency in January.

A view of the logo of Austrian energy company OMV displayed atop a modern glass building.
BusinessNatural GasPoliticsTrade

Russia resells more gas in Europe after cutting off Austria, sources, data show

Russian gas flows to Austria are halted for a second day, but other European buyers snap up unsold volumes.

Aerial view of Brucejack Mine in British Columbia, showing residential and commercial buildings near a large blue lake and snow-topped black mountains.
BusinessEconomyIndigenousMining

New Indigenous-owned mining royalty company a first in Canada

Backed by billionaire Canadian Frank Giustra, Nations Royalty offers investors access to Indigenous-owned royalties.

A photo of women in traditional Baku attire serving tea.
BiodiversityEmissionsEnvironmentUnited Nations

Tea is a way of life in Azerbaijan and center stage at COP29. But it’s not immune to climate change

Agreements might not yet be brewing amongst negotiators at COP29 climate talks, but tea certainly is.

Activists participate in a demonstration for climate finance during the COP29 U.N. Climate Summit.
Climate FinanceEmissionsEnvironmentNatural GasOilRegulationsUnited Nations

COP29: As talks in Baku cross the halfway point, nations are no closer to a goal on cash for climate action

Week one at COP29 in Baku, Azerbaijan saw little progress on climate funding, but more is expected in week two.

President Joe Biden, dressed in formal attire, sits at a table with other officials, all displaying serious expressions.
BiodiversityElectionsEmissionsEnvironmentIndigenousOil

Biden will become the first sitting US president to visit the Amazon rainforest

Joe Biden will be the first U.S. president to visit the Amazon as climate change efforts face setbacks under Trump.

A drone view shows solar panels on the roof of the favela residents.
EconomyElectricitySolarTransmissionWind

Solar power project in Brazil favelas hopes to shine in G20 spotlight

In Morro da Babilonia, Brazil, residents hope their local solar project will gain attention during Rio's G20 summit.

COP29, Baku, November 16, 2024. REUTERS/Maxim Shemetov
Climate FinanceCoalEmissionsNatural GasOilPolitics

UN climate chief asks G20 leaders for boost as finance talks lag

The U.N. urges G20 leaders to back global climate finance at Rio, aiming to boost progress for COP29 talks.

FILE PHOTO: Svobodny, Russia November 29, 2019. REUTERS/Maxim Shemetov.
Natural GasPoliticsTrade

Gazprom: Russia pumping gas via Ukraine but volumes to Austria cut

Russian gas giant Gazprom halts supplies to Austria’s OMV, but Ukraine-Europe flows stay steady.

An image of Susana Muhamad, environment minister of Colombia, smiling at the camera.
Climate FinanceCoalElectricityEmissionsFuelOilSolarUnited NationsWind

Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

Colombia's president, Gustavo Petro, is set on transitioning from fossil fuels, prioritizing the green energy transition despite costs.

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