sustainability
FinanceEU's Cleaner Marine Fuel Rules Are Inflationary, Shipbrokers Say
FinanceXpeng, Volkswagen to Build Ultra-Fast Charging Network in China
FinanceRussia Clears Thousands of Tons of Contaminated Sand After Black Sea Oil Spill
FinanceSwiss Mountain Rail Firm Jungfraubahn Reports Record Start to Ski Season
Oil Spill in Black Sea Smaller Than First Thought, Russia Says
Date: January 2, 2025
MOSCOW (Reuters) - Russian investigators have determined that an oil spill from two tankers in the Black Sea last month was smaller than initially thought, the Transport Ministry said on Thursday. The...
China’s Byd Offers Year-End Discounts of up to 11.5%
Date: December 27, 2024
BEIJING (Reuters) – Chinese electric vehicle giant BYD is offering discounts until Jan. 26 on two of its hybrid and EV models, according to its website. Both Song Pro DM-i and Qin Plus EV are now priced from 99,800 yuan ($13,673), down 11.5% and 9.1% respectively from their previous sticker prices. ($1 = 7.2990 Chinese...
New York to Fine Fossil Fuel Companies $75 Billion Under New Climate Law
Date: December 27, 2024
By Jonathan Allen NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and...
Russia’s Rosatom Launches Wind Turbine Blade Factory Replacing Vestas Plant
Date: December 26, 2024
MOSCOW (Reuters) – Russia’s state nuclear corporation Rosatom launched a wind turbine blade factory at the location of a plant formerly owned by Denmark’s Vestas, the governor of Russia’s Ulyanovsk region said on his Telegram channel. Danish wind turbine maker Vestas closed its plant that produced blades for wind farms in the city of Ulyanovsk...
Byd Contractor Denies ‘slavery-Like Conditions’ Claims by Brazilian Authorities
Date: December 26, 2024
SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD, said on Thursday Brazilian authorities’ portrayal of their employees as “enslaved” was inconsistent with the facts and that there were translation misunderstandings. Brazilian labor authorities had on Wednesday said they found 163 Chinese nationals working in “slavery-like conditions” at a construction site for...
Finland Investigates Outage of Undersea Power Link to Estonia, Finnish PM Says
Date: December 26, 2024
OSLO (Reuters) – Finland’s Prime Minister Petteri Orpo said on Wednesday authorities in his country were investigating an undersea power cable outage on a line connecting Finland and Estonia. An unplanned break in service on the Estlink 2 interconnector occurred at 1026 GMT, operator Fingrid said in a statement on the Nordpool regulatory web site,...