France’s development minister issued an eleventh-hour plea to the World Bank on Thursday, urging it to resist pressure from its largest shareholder, the United States, and stick with a climate finance target due to lapse at the end of the month. U.S. President Donald Trump’s administration has demanded the World Bank abandon a target to devote 45%...
The biggest ever U.S. clean energy infrastructure project, an $11 billion wind farm and transmission line in New Mexico, is fully operational after nearly two decades of permitting and construction, owner Pattern Energy Group said on Thursday. SunZia is a 3,650-megawatt wind farm and 550-mile (885-km) transmission line that will carry power from central New...
Chinese officials have held initial talks with providers of equipment to make solar panels as they consider limiting exports of the most advanced technology to the United States, said five people with knowledge of the consultations. Such a clampdown would risk investments by U.S. firms and set back a race for space-based computing, as China,...
Reuters’ Marianna Parraga reports that the Treasury Department has issued a new general license clearing the way for U.S. companies to provide equipment, technology, and services for oil and gas exploration and production in Venezuela. Read more in Reuters here.
Reuters reporters Arathy Somasekhar and Nathan Crooks report on the growing interest among U.S. energy companies in returning to Venezuela. Read more in Reuters here.
Read the full article in Reuters here.
The world’s biggest climate philanthropy has given $24.5 million to protect coastal ecosystems as part of a plan to create the planet’s first cross-border marine biosphere reserve, its head of nature told Reuters. The four grants from the Bezos Earth Fund are intended to help local communities and organisations protect key marine areas in Costa...
An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data. Japanese electronics stores have begun limiting how many hard-disk drives shoppers can buy. Chinese smartphone makers are warning of price increases. Tech giants,...
Asia’s imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annual decline in three years. Much of the blame for the soft outcome can be laid at the door of China, which may lose its status as the world’s top LNG importer...
The residents came in camouflage hats and red shirts signaling unity, more than 300 of them packing into a rural Pennsylvania planning commission meeting to protest a proposed data center they feared would carve up their farmland and upend the quiet rhythms of their valley. Most were loyal supporters of President Donald Trump, who carried their...
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