News

Ending the damaging price war may require fundamental reform. How did the industry get here, and how can it recover?

The early end of Olaf Scholz’s coalition government follows a three-year term marked by crises and a deep internal dispute over funding for future climate and energy policies.

Ahead of Donald Trump’s second term as US president, a rerun of his first trade war with China is firmly on the cards – and minerals key to the energy transition may end up in the crossfire.

BP and JERA announced on Dec. 9 that they plan to invest $5.8 billion by the end of 2030 to integrate their respective offshore wind businesses through a joint venture.

At COP29 in Baku, developed-country parties agreed to help raise “at least” $300bn a year by 2035 for climate action in developing countries. Yet it faced a strong backlash from many developing countries, with some branding it a “joke” and “betrayal”.

Data transparency and a commitment from businesses could help improve representation and begin eliminating barriers faced by women.

A new deal could boost the economy in Bhutan and Nepal while helping India and Bangladesh – but it is based on increasingly precarious hydro.

Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).

While the US and EU impose tariffs in response, some developing economies see opportunities to benefit from China’s green manufacturing strengths.

The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.