In the clean car battle, the oil industry leans on friends—including Donald Trump—to keep gasoline transport alive, while carmakers steer toward an EV future.
Electric cars make some people afraid of the dark. While the batteries produce much less carbon, they require much more electricity to run. This has prompted ominous warnings that Great Britain and other wealthy countries set on banning new petrol and diesel cars risk plunging their populations into darkness.
Chinese brands are not a major player in Canada's EV market at the moment but imports from China have exploded in the last year as Tesla switched from U.S. factories for its Canadian sales to its manufacturing plant in Shanghai.
Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and gas and toward renewable energy, electric cars and heat pumps — similar to how sharp increases in the price of oil during the 1970s unleashed efforts to conserve fuel, the head of the International Energy Agency said.
Both traditional oil and gas stocks as well as Canada's mining and metals sector have benefited from a recent surge of investor interest in energy, new data from the Toronto Stock Exchange shows.
The European Union presented plans on Thursday to fundamentally revamp its policies on dealing with critical raw materials, imposing limits on imports from countries like China while unleashing subsidies and other financial incentives to ramp up home production.
Alaska’s rugged and frigid interior, where it can get as cold as minus 50 Fahrenheit (minus 46 Celsius), is not the place you’d expect to find an electric school bus.
President Joe Biden persuaded Democrats in Congress to provide hundreds of billions of dollars to fight climate change. Now comes another formidable task: enticing Americans to buy millions of electric cars, heat pumps, solar panels and more efficient appliances.
After a national security review, Innovation Minister François-Philippe Champagne is ordering three Chinese resource companies to sell their interests in Canadian critical mineral firms.
A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: Gov. Gavin Newsom. That's put the Democratic governor on the opposite side of his own party and against his traditional environmental allies.