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Honda doubles EV investment to $64B, fleshes out 7 new models in 0 Series

Honda is doubling its investment in electric vehicles to $64 billion through the end of the decade to slash the cost of producing its next-generation EVs, bring battery production inhouse and speed up its rollout of a new range of seven profitable EVs by 2030.

read more... 17/05/2024

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UK planning to build new nuclear reactor in Scotland

The Scottish government maintains a ban on new nuclear power stations, focusing instead on renewable energy investments.

read more... 17/05/2024

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Daily (16.05.2024): European carbon prices fell on Wednesday amid persistent selling pressure and reduction in investment funds' short position

Wednesday saw an uptick in oil prices, propelled by renewed optimism regarding the potential for China's economic recovery to stimulate demand for the remainder of the year. Hence, Brent crude settled 0.5% up at $82.75 per barrel, while WTI crude stood at $78.63 per barrel, increasing by about 1% day-on-day.

read more... 16/05/2024

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Polish ministry approves plans for Rolls-Royce SMRs

Polish industrial group Industria's plan to construct a power plant based on Rolls-Royce's small modular reactor (SMR) has been approved by the Ministry of Climate and Environment.

read more... 16/05/2024

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UK warns against solar farms on farmland

The government has issued a warning to local authorities today, urging them to refrain from granting planning permission for solar farms on high-quality farmland unless it’s deemed essential.

read more... 16/05/2024

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