Recent Posts

EDF delays startup of a new nuclear reactor

  Bloomberg Electricite de France SA delayed the startup of a new nuclear reactor in western France that was already a decade late, and raised its budget for the project yet again. Fuel will now be loaded into the Flamanville-3 reactor in second quarter of next year rather than at the end of 2022, EDF said on Wednesday, citing complications ...

Read More »

Maersk targets faster cuts in CO2 emissions

  Bloomberg AP Moller-Maersk A/S, one of the world’s largest oil consumers, is ramping up plans to eliminate carbon emissions after finding green alternatives to fuel its fleet of ships. The container shipping giant said it will hit its goal of becoming carbon neutral in 2040, 10 years earlier than planned, and the target will now also cover indirect, so-called ...

Read More »

Can Beijing tolerate an EV battery monopoly?

  The world’s largest electric-vehicle (EV) battery maker is getting bigger. Whether it can maintain its global reign will come down to Beijing’s tolerance of a private enterprise’s monopoly in a key industrial sector. China’s Contemporary Amperex Technology Co (CATL) announced it was investing 24 billion yuan ($3.77 billion) to expand its battery production capacity in Sichuan province, maintaining its ...

Read More »
Send this to a friend