Friday, 28 February 2025

International

Studies suggest that rising global temperatures linked to climate change are causing glaciers globally to melt (AFP)
AnalysisBiodiversityElectricityEnvironmentHydropowerIndigenousInfrastructureMiningPoliticsRegulationsResiliencyWind

Climate change solutions not always good for biodiversity

Some approaches to tackling global warming can have unintended knock-on consequences for nature and the protection of biodiversity, say scientists urging a more...

A pumpjack operates in the foreground while wind turbines at the Buckeye Wind Energy wind farm work in the distance, Monday, Sept. 30, 2024, near Hays, Kan. (AP Photo/Charlie Riedel)
AnalysisBusinessElectric Vehicles (EVs)ElectricityOilReportsSolarWind

Shift toward EVs, particularly in China, could disrupt global oil market: IEA

Rising electric vehicle adoption, especially in China, could cut oil demand by six million barrels daily by 2030, IEA report says.

Nations meeting at the COP29 climate summit in Azerbaijan in November are supposed to agree how much money should go to poorer countries to help them combat global warming (AFP)
ClimateClimate FinanceEmissionsEnvironmentNewsPoliticsResiliencyUnited NationsWeather

COP29 draft climate pact leaves open thorny question of money

UN draft narrows COP29 climate finance options for poorer nations but leaves unresolved how much rich countries will pay.

FILE PHOTO: The Eve Air Mobility logo is seen on the full-scale prototype of an electric vertical take-off and landing (eVTOL) aircraft as it is presented for the first time in Gaviao Peixoto, Brazil July 3, 2024. REUTERS/Amanda Perobelli/File Photo
AviationBusinessFinanceManufacturingNews

Embraer’s Eve gets $88 million BNDES loan to build first plant

Eve is among the startups creating electrical vertical take-off and landing (eVTOL) aircraft to ferry travelers on short city trips, bypassing traffic.

FILE PHOTO: EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa//File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Global EV sales up 30.5% in September as China shines, Europe recuperates

Global sales of electric and plug-in hybrid vehicles grew 30.5 per cent in September, with China surpassing August records, per Rho Motion.

Biodiversity credits will be on the table for discussion at this month's UN biodiversity summit in Colombia (AFP)
AnalysisBiodiversityBusinessFinanceIndigenousPoliticsUnited Nations

Can biodiversity credits unlock billions for nature?

For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of scandals that have dogged other...

FILE PHOTO: A drone view shows a charred area following a wildfire, in the village of Rapentosa, Greece, August 13, 2024. REUTERS/Fedja Grulovic/File Photo
BusinessClimateClimate FinanceEmissions MarketsNewsPoliticsUnited Nations

Climate change finance could land at ‘hundreds of billions’, COP29 leaders say

COP29 leaders say a consensus decision on funding will likely reach 'hundreds of billions' — not trillions.

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

OPEC cuts 2024, 2025 global oil demand growth view again

OPEC on Monday cut its 2024 global oil demand growth forecast for the third time this year, citing recent data trends.

The Alpine Alpenglow Hy6 prototype car is displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier
AutomotiveBusinessElectric Vehicles (EVs)News

China-Europe rivalry heats up at Paris car show as EV tariffs loom

Chinese and European automakers clashed at the Paris car show as the EU plans tariffs on Chinese EVs amid weak demand.

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