Bloomberg Kenya needs about $85 million annually in the short term for green projects in agriculture, transport and manufacturing, and as much as $888 million annually during the follow- ing five to 10 years, according to a banking industry lobby. The financing is needed to counter the effects of rapid climate change that could erase about 2 percent of economic ...

Bloomberg Suncor Energy Inc is working with Alberta’s government to help mitigate the “unintended consequences” of mandated oil cuts, a policy company opposed from the start and now says is hitting it disproportionately hard. Suncor said its initial required output curtailment is higher than the 8.7 percent industrywide level, without giving specific amount. That makes it harder to maintain safe ...

Bloomberg Three of Europe’s largest power suppliers will need to draw up new strategies after the collapse of a deal to merge the retail units of SSE Plc and Innogy SE operating in the UK. Combining the two would have been an ambitious task. The outlook darkened with laws limiting the bills consumers pay for electricity and natural gas, leaving ...