renewable-energy
Top StoriesVestas Warns Ukraine War Adds to Strain on Wind Industry, Shares Plummet
Top StoriesGas-Guzzling German Carmakers Face Uphill Struggle to Go Green
BusinessGe Shares Slump as Supply Chain, Inflationary Woes Threaten Profit Outlook
Top StoriesTwo top-10 Rwe Investors Won’t Back Brown Coal Spin-Off Motion
Norway Seeks Solution to Looming EU Tax on Car Batteries
Date: April 26, 2022
By Nora Buli OSLO (Reuters) – Norway is hoping that access to key raw materials for battery production could be one bargaining chip as it seeks to avoid a customs tax for battery exports to the European Union, government ministers told Reuters. Under a trading agreement signed between Britain and the European Union in the...
European Carmakers Should Wean Off Fossil Fuels by 2040, Audi Chief Says
Date: April 22, 2022
BERLIN (Reuters) – Europe’s carmakers should wean themselves off fossil fuels from 2040, chief executive of Volkswagen’s Audi said on Friday, calling for quicker expansion of renewable energy capacity in Bavaria, where Audi is based, and elsewhere. Discussions around a possible embargo on Russian gas in light of Moscow’s invasion of Ukraine have raised pressure...
UK’s Johnson Says Under-Fire Sunak to Remain Finance Minister
Date: April 21, 2022
By Andrew MacAskill NEW DELHI (Reuters) – British Prime Minister Boris Johnson gave his backing to his under-fire finance minister Rishi Sunak, saying he will remain in his job as the country’s second most powerful politician after the next cabinet reshuffle expected later this year. Sunak, once seen as a strong candidate to succeed Johnson,...
Global Energy Crisis, Russia Invasion Eclipse Biden Climate Goals
Date: April 21, 2022
By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) – As a candidate, Joe Biden made climate change a pillar of his campaign for the White House, promising to decarbonize the U.S. economy, end drilling on public lands, and lead the world in a historic shift away from fossil fuels. But more than a year into...
Why Businesses Must Embrace Sustainable Solutions to Survive the Energy Crisis
Date: April 20, 2022
By Simon Kew, Managing Director of Alchemie Technology Soaring energy prices are in danger of forcing manufacturers to close – particularly in the textile sector. Spiralling costs are putting a strain on businesses, which for many may prove too much to bear. The price of gas and electricity had been steadily increasing for the last...
Portugal Expects Deal to Disconnect Power Prices From Gas Prices ‘very Soon’
Date: April 20, 2022
By Sergio Goncalves LISBON (Reuters) – Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday. European Union leaders granted Portugal and Spain permission in late March to find a...