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Bigger than expected fall comes ahead of German and French data
Influential chamber of commerce says vast nickel reserves could meet demand for electric cars and batteries
Energy secretary backs existing plan in face of pressure from some in own party and after EU concessions on issue
Also in this newsletter: Call for AI ‘pause’, UK set to join Asia-Pacific trade bloc, change of guard at UBS
Government seeks to win favour among voters by reducing costs for consumers and businesses
Investors should retain their scepticism instead of believing prophecies of secular tailwinds
SNP’s new leader must maintain cordial relations with fossil fuel industry while pushing green transition
Also in today’s newsletter, first results are in for the ECB’s effort to green its bond holdings
Also in this newsletter: when Big Tech pretends to be small
LGIM says delaying shift to low-carbon economy could cut value of global stock markets by a third
Traders have upper hand when demand is high and there isn’t enough renewable capacity
Plans to boost support for low-carbon flights expected as Treasury haggles over scale of financing
The rainy North West’s water authority has a quarter more sewer overflows than average
Also in today’s newsletter, a breakthrough for private investment in Mexico’s energy sector
UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean
Producer ‘optimistic we’ll see $100 a barrel’ shuns insurance despite market wobbles
Move comes as Biden administration prepares guidance on qualifying for tax credits under IRA
Local MP assured that pipeline leak into Poole Harbour ‘not as serious as first thought’
Huge supply contracts come as Russia eats into Saudi Arabia’s share of world’s largest oil import market
The Swedish business with plans to build four gigafactories is a young company in a hurry
Glencore among investors as commodity producers lead record listing pipeline for south-east Asian economy
Plus, India tackles its solar waste problem
Sustained demand for key components likely to lead to shortages, says Global Wind Energy Council
New policy phasing out support for fossil fuel projects overseas has loopholes, say experts
International Edition