Latest: Energy News

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West Java shut seven years earlier than scheduled

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28 on Saturday

The US will give $3 billion to the Green Climate Fund, sources said Saturday. The fund helps poor countries lower emissions and transition to clean energy

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

Officials from China and Vietnam are discussing a possible upgrade of their rail links, including an historic line through part of northern Vietnam with large rare earth deposits

Organisers are keen to generate goodwill before talks on the future of fossil fuels; fund would help poor nations cope with the cost of climate damage from drought, floods and rising seas

The US Treasury is expected to block an EV tax subsidy for buyers of cars containing batteries, components or minerals made by state-owned Chinese companies