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Power transmission deal being mulled in US debt limit talks -sources

BY Reuters  • May 26, 2023May 26, 2023
By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) -A bill to boost power transmission between U.S. regions is being considered as part of talks between White House and congressional Republic[...]
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Business Economy Environment Politics Updated US

Tear gas taints the air as TotalEnergies AGM rejects climate activist resolution

BY Reuters  • May 26, 2023May 26, 2023
By Benjamin Mallet and America Hernandez PARIS (Reuters) – TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major’s greenhouse gas emissio[...]
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Business Economy Environment Europe Politics Top News Updated

Norway adds pressure as oil major climate protests heat up

BY Reuters  • May 26, 2023May 26, 2023
By Victoria Klesty, Benjamin Mallet and America Hernandez (Reuters) – Pressure mounted on oil majors on Friday as Norway’s giant sovereign wealth fund said it would vote against CEOs at Ch[...]
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Business Economy Environment

US oil and gas auction yields nearly $80 million for federal coffers

BY Reuters  • May 25, 2023May 26, 2023
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 m[...]
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Business Environment Politics Updated US

VW, Audi agree to $85 million diesel settlement in principle with Texas

BY Reuters  • May 25, 2023May 25, 2023
By David Shepardson (Reuters) -Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal,[...]
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Business Environment Europe Updated

US trade chief seeks new thinking on global challenges as APEC ministers meet

BY Reuters  • May 25, 2023May 25, 2023
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to “think creatively” for s[...]
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Asia Business Economy Environment Politics Technology US

Senate Republicans want EPA to drop plan to cut emissions, boost EVs

BY Reuters  • May 25, 2023May 25, 2023
By David Shepardson WASHINGTON (Reuters) -A group of 27 Senate Republicans on Thursday called on the Biden administration to drop its plan to drastically cut vehicle emissions through 2032 and ramp up[...]
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Business Economy Environment Health Updated US

Allianz, AXA and SCOR quit UN climate alliance as insurers hold talks

BY Reuters  • May 25, 2023May 25, 2023
FRANKFURT/LONDON (Reuters) – A U.N.-convened climate alliance for insurers was holding talks on Thursday to decide if it had a future after three more companies – Allianz, AXA and SCOR[...]
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Business Economy Environment Europe Health Updated

Chemical maker Dow signs supply agreement for bio-plastic materials

BY Reuters  • May 25, 2023May 25, 2023
(Reuters) – U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a[...]
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