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The huge incentives in the Inflation Reduction Act are provoking a debate in Europe with ramifications for the entire single market
Buyers fear long-term supply contracts will conflict with carbon-neutral targets, according to executives
German carmaker’s expansion in San Luis Potosí is among largest announced since US Inflation Reduction Act
ConocoPhillips’ Willow venture receives partial recommendation by federal land managers
Plaintiffs say they are at risk of losing their livelihoods due to rise in sea level and flooding
Carmaker to gain exclusive rights to output of Thacker Pass mine in Nevada once production begins
‘Carbon inequalities’ within countries support case for wealth tax on biggest polluters
Stark choices face the nuclear power and its creditors if it is to avoid default
Khrushchev once speculated that the survivors of the apocalypse would envy the dead. I agree
Warmer temperatures and other weather flukes had left the city without any measurable snowfall since winter began
Oil and gas group’s floating asset targeted in Atlantic en route to UK North Sea in protest at fossil fuel activity
Hydrogen equipment maker’s move under new chief Dennis Schulz follows string of profit warnings
Business leaders urge government action to match incentives and tax breaks or see Britain left behind in race
Covid recovery funds could also be redirected under proposed loosening of state-aid rules, according to draft plan
UK court rejects commission’s attempt to get involved as Madrid seeks to avoid €101mn payout to investors
Profits crunched as materials costs surge and new projects are delayed by EU bureaucracy
Arctic freeze sweeps across large parts of China, Japan and Korea
Choice will be determined by the relative competitiveness of gas and power going forward
Plus, investors push for battery metals transparency
Also in today’s newsletter, Tesla faces weakening grip on the EV market despite record revenues
The Inflation Reduction Act has stoked domestic climate and business optimism and put Europe on the back foot
Debt earmarked for environmental projects achieves lower borrowing cost than conventional bonds
Washington offers ‘record funding’ of $1.4bn for sector
Shareholder proposals face challenge from political backlash
Premier Mark Rutte says bloc still has ample funding to help with transition
The conglomerate’s research on climate change was much more accurate than its public messaging
Regulator to broaden exemption for companies collaborating on initiatives that will limit global warming
States including Michigan and Georgia on recruiting drive amid complaints from EU officials
Chancellor Jeremy Hunt agrees to consult on ways to level playing field against foreign competitors
Tony Danker warns that Britain is falling behind rival nations in investing in green technology
COP28 presidency faces criticism as it strives to establish green credentials
International Edition