Flying cars will be a reality in cities around the globe by the end of this decade, according to a leading car manufacturer, and will help to reduce congestion and cut vehicle emissions.Read More
Companies with high greenhouse gas emissions should be subject to a carbon price of $75 a tonne of carbon dioxide, the International Monetary Fund has said, as a way of reaching the goals of the Paris climate agreement.Efforts by the US to reduce its reliance on China for rare earths have taken a new turn, with...Read More
PNGX Markets Limited (PNGX) advises that a trading halt has been placed on the securities of BSP Financial Group Limited (PNGX Code: BSP) at the request of the company in accordance to Listing Rule 17.1 pending it releasing an announcement. Unless PNGX decides otherwise, the trading halt will remain in place until the earlier of...Read More
Efforts by the US to reduce its reliance on China for rare earths have taken a new turn, with the Department of Defense now bankrolling a rare earths refinery in Texas, to be built by Australia’s Lynas Rare Earths. We look into this new example of state-level investment in rare earths projects, and what it...Read More
The natural gas sector has not had a good week after Shell was ordered by a court in the Hague to slash its carbon emissions by 45 per cent before the end of 2030. Shell has substantial liquefied natural gas assets in Australia and there is every reason to believe that its local operations will...Read More
Strong Asian LNG demand for summer and tight supply amid maintenance and outages at multiple terminals have helped the market absorb the spot LNG cargoes rejected by India due to its COVID-19 related lockdowns, according to traders and market participants.Read More
The world's seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets.Read More