By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe can compete with the United States as a manufacturing hub f[...]
Read more
Environment
Ex-US VP Gore’s fund among ABB car charging business’ new investors
By John Revill ZURICH (Reuters) – ABB has sold more of its electric vehicle (EV) charging business to four investors including a fund linked to former U.S. Vice President Al Gore, the Swiss engi[...]
Read more
Seven EU states warn Commission against subsidy race with U.S
BERLIN/PRAGUE (Reuters) – Seven European Union member states from the north and east of the bloc have written to Valdis Dombrovskis, vice president of the European Commission, to warn against a[...]
Read more
Exxon smashes Western oil majors’ profits with $56 billion in 2022
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not on[...]
Read more
United Airlines announces JV to develop sustainable fuel using ethanol
(Reuters) – United Airlines Holdings Inc on Tuesday announced a new joint venture to develop and commercialize a sustainable aviation fuel (SAF) technology that will use ethanol as a feedstock.[...]
Read more
EU commissioner: we don’t want a subsidy war with U.S
BERLIN (Reuters) – The European Union does not want to wage a subsidy war against the United States over its Inflation Reduction Act, EU Commissioner Paolo Gentiloni said in Berlin on Tuesday. T[...]
Read more
U.S. solar prices still soaring as projects stalled
(Reuters) – U.S. solar energy contract prices have soared by a third over the past year as project developers have struggled to get imported panels, according to a report published late on Monda[...]
Read more
Campaigners urge bond investors to shun Adani Group on green concerns
By Isla Binnie NEW YORK (Reuters) – An advocacy group focused on the impact of debt markets on climate change called on Monday for major bond investors to shun India’s Adani Group, saying[...]
Read more
EU warns of ‘unfair’ Chinese subsidies in Green Deal plan – draft
BRUSSELS (Reuters) – Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wed[...]
Read more