Monday, 10 March 2025

Europe

Cwmtillery residents have had to assess the damage to their homes after a coal tip landslip on Sunday evening (George Thompson/PA)
CoalEmissionsEnvironmentMiningNewsRegulations

Landslip which caused ‘carnage’ in Welsh town was coal tip ‘wash-out’

A coal tip landslip in Cwmtillery, South Wales, forced evacuations as mud and water engulfed homes, with cleanup expected to take weeks.

FILE PHOTO: Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Volkswagen has taken major writedown on Northvolt stake, sources say

Volkswagen has written down its 21 per cent Northvolt stake amid the Swedish battery maker's bankruptcy filing, reflecting EV market struggles.

FILE PHOTO: A full-scale mock-up of an electrically powered vertical take-off and landing aircraft (eVTOL), which can carry up to 6 passengers, from the German aviation company Lilium stands in a factory hall in Gauting, Germany, October 14, 2024. REUTERS/Angelika Warmuth/File Photo
AnalysisAviationBusinessEconomyElectric Vehicles (EVs)

Analysis: Lilium’s fall throws spotlight on air-taxi cash crunch

The air-taxi industry faces hurdles as Lilium exits, raising doubts about timelines and viability despite investor support.

A golden eagle has died after being hit by a wind turbine in Dumfries and Galloway, in what is thought to be the first incident of its kind in southern Scotland (Phil Wilkinson/PA)
BiodiversityElectricityIndigenousInfrastructureNewsWind

Golden eagle died after ‘wind turbine strike’ south of Scotland, investigation finds

Golden eagle Sparky, monitored by the South of Scotland Golden Eagle Project, died from a wind turbine strike, sparking calls for mitigation efforts.

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk France.
BusinessNatural GasNewsPoliticsSolar

TotalEnergies pauses business with Adani, says it was not aware of US investigation

Despite holding a 20% stake, TotalEnergies will stop financial contributions to Adani Green Energy after last week's indictment.

FILE PHOTO: A VX4 vertical aerospace aircraft is on display at the Farnborough International Airshow, in Farnborough, Britain, July 19, 2022. REUTERS/Matthew Childs/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway

Mudrick Capital to convert half of Vertical Aerospace’s debt to equity, providing $50M in funding and financial relief.

Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany.
BusinessEconomyIndustryManufacturingNews

Thyssenkrupp: expert opinion gives positive view for steel business

Thyssenkrupp's steel division secures financing for two years, with expert backing its ability to continue.

An image of Ireland's Climate Minister, Eamon Ryan, giving a speech.
Climate FinanceEmissionsFuelNews

Irish climate minister says COP29 deal ‘far from perfect but can be built on’

Ireland's Eamon Ryan, the former Green Party leader, called the deal a hopeful step toward financial fairness for nations most in need.

FILE PHOTO: Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
BusinessElectric Vehicles (EVs)News

Goldman funds to take $900 million hit on Northvolt: Financial Times report

Funds managed by Goldman Sachs, which together ranked as the second-largest shareholders in Northvolt, will write off nearly $900M by year's end.

AnalysisClimateEmissionsEmissions MarketsEnvironmentVoluntary Carbon Markets (VCMs)

We have officially advised our university to ditch carbon offsets — and focus on cutting emissions

Carbon offsetting fails to deliver net zero; experts urge universities to focus on emissions cuts, rewilding, and decarbonization efforts.

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