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Business

BP boosts dividend and shifts focus towards higher shareholder returns

New boss Murray Auchincloss, who took the helm in January, has shifted the company's focus towards high growth and increased returns to shareholders amid weakened profit margins.

Markets

What to expect from Tesla results? Energy storage and AI in focus

Tesla’s revenue for the second quarter may continue declining amid a slowdown in sales. However, the development of robotaxis and energy storage may become the focal point for its market valuation.

Business

EU faces funding crisis amid ambitious transition goals

The European Union (EU) will fall short of funding for the Strategic Agenda set for 2024-2029, which calls for investment in green and digital transitions, according to a report by Finance Watch.

Green News

Experts say it’s ‘time for Starmer to deliver’ on his green promises

Campaigners and experts say support for environmental policies in the UK general election means Labour must now make climate action a top priority.

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Markets

Tesla shares rocket as Q2 electric vehicle deliveries exceed estimates

Tesla reported second-quarter electric vehicle (EV) delivery numbers that were better than analysts' estimates but the company saw the second consecutive yearly decline, partly blamed on the closure of a German plant.

Culture news

How Glastonbury has changed over the years- from those who remember it

On our first full day at the festival, we inspected the three main traditions of the festival that it’s kept to throughout the years: its literal traditions, its political edge, and its welfare drive.

Business

German car giant VW to invest billions in Tesla rival Rivian

The deal of up to €4.68bn creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology.

Mobility

Euroviews. Hybrid vehicles have proven to be the right choice for decarbonisation

Instead of considering EVs and hybrids as competing solutions, we should recognise that they are complementary solutions for different problems, Patrice Haettel writes.

Green News

This European country is about to build its largest ever wind farm

The wind farm will be incorporated into the Tâmega hydropower complex, one of the largest hydroelectric projects completed in Europe in the last 25 years.

No Comment

WATCH: Naked cyclists demand improved road safety

Hundreds of naked cyclists took to the streets of the Mexican capital on Saturday calling for greater rights and safety on the road.

Economy

Euroviews. Energy communities are the drivers of the EU’s re-industrialisation

Green and inclusive competition will be the make-or-break element for the future of EU cohesion. Energy communities should be acknowledged for the multiple co-benefits they bring, Chris Vrettos, Philippe Awouters, Stephan C Krabsen and Luca Varotto write.

Business

Euroviews. Europe's energy sector: Keep the ambition, strengthen cooperation

Let's implement what has been decided in the current mandate, give more visibility to economic actors, strengthen Europe's competitiveness and ensure a fair transition for all citizens, Christine Goubet-Milhaud and Kerstin Andreae write.

Business

Energy giant RWE to build two new wind farms off the German coast

German energy company RWE is to build two new wind farms in the North Sea off the German coast, in a major expansion of its portfolio of offshore energy production.

Green News

Ministers give green light to new electricity market rules

EU governments have waved through new electricity market rules intended to limit price spikes, protect vulnerable consumers and businesses, and accelerate the deployment of ever more zero-emissions power capacity.

Climate

Euroviews. As Europe faces a major renewables goal, community buy-in is critical

As guidance rolls out to accelerate the energy transition, we must learn from what’s working to engage and empower communities in the process, Elif Gündüzyeli and Sanna Markkanen write.

Climate

Euroviews. European cities are becoming climate CHAMPs. You could be one, too

All of the examples from Oslo, Stockholm, and Amsterdam represent new thinking and creative approaches to decarbonising a complex system in a partnered, multi-leveled way. And that’s the future of climate action and policy, Dr Michael Shank writes.

Green News

China dominating soaring global clean tech industry

EU’s goal to increase domestic manufacturing capacity for net-zero technologies faces stiff competition from China.

Climate

Euroviews. Old coal power plants can find a second life as clean energy hubs

Sites once occupied by coal-fired power stations are ideal locations for renewable generation and energy storage. In fact, it’s already happening, Eric Dresselhuys writes.

Tech News

Ecosia launches its ‘eco-friendly’ web browser

Ecosia, known for its tree-planting search engine, launched its ‘eco-friendly’ web browser on Earth Day.

World News

China protests EU investigation of subsidies in green industries

China hits back at EU’s investigation of subsidies in green industries, accusing the EU of protectionism.