Europe’s business jet industry aims for green rebrand

By Joanna Plucinska GENEVA (Reuters) -Europe’s business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back of commercial aviation’s rebound and growing pressure to become more sustainable. The European Business Aviation Convention & Exhibition (EBACE), hosted in Geneva, kicks…

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French climate investments to drive up national debt burden – think-tank

PARIS (Reuters) – Investments that France needs to finance its transition to a low-carbon economy are set to add 25 percentage points to its debt burden by 2040, a report from the government-funded France Strategie think-tank said on Monday. France will need to make additional annual investments of about 67 billion euros ($74 billion) –…

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Australia wins U.S. support for critical minerals industry

MELBOURNE (Reuters) -Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for…

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Oil supply won’t be affected by stricter price cap enforcement – IEA

By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the…

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Alberta wildfire fighters hope rain, cooling bring relief

(Reuters) – Alberta authorities hope cooler temperatures and showers forecast for the coming week will help firefighters battling blazes in the oil-rich Canadian province, although storms could complicate efforts. Amid hot, dry conditions, forecasters were tracking a front likely to move into the province on Sunday that should bring much-needed relief, including humidity and even…

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