The move aims to counter China's growing domination of the global shipbuilding and logistics – and encourage US shipyards to build more vessels.

Researchers say that even a complete overhaul of existing energy systems in favour of renewables would be far less expensive than deploying carbon capture tech

Experts at the International Energy Agency say China's fuel use has already reached a plateau and may even have passed its peak

Automakers in Europe are facing tougher emissions rules this year, and face cumulative fines amounting to $15.6 billion if they fall short of targets

The Chinese EV giant's move to introduce self-driving to its cheapest EV models — priced as low as just $9,555 — far undercuts rivals such as Tesla

The global average temperature last month was 1.75 degrees Celsius higher than in pre-industrial times

Support for an Alaska pipeline is one of a few energy deals Tokyo is considering for when PM Shigera Ishiba meets with Donald Trump, to ease trade friction concerns

Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish

The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates

Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink

The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export