In February 2026, the United States and India reached a landmark trade deal that reshaped clean energy trade between the two nations. The agreement lowered reciprocal tariffs on Indian goods from 25% to 18% and removed a 25% penalty tariff imposed due to India’s Russian oil imports. For Indian solar exports, this effectively cut total […]
Inertia Enterprises, a fusion energy startup, has raised $450 million in a Series A funding round. The capital will help the company build the world’s most powerful laser and advance its fusion power technology. The funding round was led by Bessemer Venture Partners. Other investors include GV (formerly Google Ventures), Modern Capital, Threshold Ventures, Long […]
TotalEnergies spent a record $73 million on carbon credits in 2025. This was up 49% compared with 2024. The figure was disclosed alongside the company’s full-year financial results. Carbon credits allow companies to offset emissions by funding projects that reduce or remove carbon dioxide. These projects include forest protection, reforestation, and other verified climate initiatives. […]
France has approved a major new energy law that cuts back renewable energy targets and strengthens support for nuclear power. The law was passed by decree on 13 February 2026 after nearly three years of political debate. The law is part of France’s Multiannual Energy Programming (PPE), a 10-year framework that guides energy policy through […]
BHP Group delivered a strong first-half performance for FY26, confirming a major shift in global commodity markets. The world’s largest miner posted underlying attributable profit of $6.2 billion, up 22% year over year and broadly in line with forecasts. More importantly, copper has now become the company’s dominant earnings driver. For the first time in […]
ArcelorMittal will invest €1.3 billion (about $1.5 billion) to build a new electric arc furnace (EAF) at its steel site in Dunkirk, France. The company said the project marks a major step in cutting emissions from its French steel production. The steelmaker announced the decision as French President Emmanuel Macron visited the Dunkirk site. ArcelorMittal […]
Albemarle Corporation, one of the world’s largest lithium producers, has closed its Kemerton lithium hydroxide processing plant in Western Australia. The company made the decision due to rising costs and competitive pressures in hard-rock lithium processing. The closure affects more than 250 jobs and dozens of contractors. The Kemerton plant processed lithium from the Greenbushes […]
Equinor, long viewed as a global leader in carbon capture and storage (CCS), is slowing its near-term investment plans. The company said market conditions are not yet strong enough to support new large-scale CCS commitments, even though it has decades of technical expertise in the field. As per reports, during its latest earnings call, CEO […]
On February 12, President Donald Trump and the U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced what they called the largest deregulation in U.S. history in the White House’s Roosevelt Room. The EPA finalized a rule that removes the 2009 Greenhouse Gas (GHG) Endangerment Finding. The Obama administration created this finding, and it gave […]