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...Those who held a “puritanical view” against carbon credits should come up with alternative ways to raise the trillions of dollars in financing needed to help the Global South adapt to climate change, he...
...He also named African countries including Namibia, the Democratic Republic of Congo, Zambia, Mozambique and South Africa....
...The Department for Business and Trade said: “We have offered British Steel a generous support package including more than £300mn of investment for them to cut emissions, help safeguard jobs and create a...
...“Eighty per cent of the consumption of hydrocarbons [oil and gas] by 2050 is going to be in the Global South. Today it is 40 per cent in the Global North and 60 per cent in the Global South....
...US claims to a swath of mineral-rich seabed are being challenged by China and Russia because Washington has failed to ratify a treaty that governs access to resources in international waters....
...“Unless they make some kind of exemption or transition period, the whole [EV subsidy] regime will collapse,” said Ahn, adding that Seoul had raised the issue with the US commerce department....
...The steel plant at Port Talbot, it added, was “losing over £1mn a day, putting it at risk of closure and threatening 8,000 jobs in south Wales and thousands more in the wider supply chain....
...Haley’s home state of South Carolina holds its Republican party primary on Saturday, but it would take a monumental swing from all the polls to date to give her victory over Donald Trump....
...Alfaro said he expected Exxon’s stock buyback programme to accelerate following its $60bn acquisition of US shale oil producer Pioneer Natural Resources, which the company expects will close by the end of...
...The battle for natural resources crucial to the green energy transition is in the spotlight again with the biggest offer for a mining company in years and a new warning over China’s dominance of a critical...
...South Africa’s mining minister was campaigning in Rustenburg, the northern capital of the country’s platinum belt, when news broke of BHP’s £31bn proposal to take over Anglo American....
...Anglo American’s South Africa exposures, with about a fifth of its assets there, explain much of its persistent enterprise valuation discount to peers....
...Anglo’s an old-fashioned conglomerate full of part ownerships and poison pills, most of which are South African....
...Even after the 19th-century discovery of diamonds in South Africa, De Beers controlled supply and prices through its cartel....
...and stability of the global critical mineral resources production and supply chain”....
...A heatwave in Vietnam, the world’s second-largest bean producer, could reduce output by as much as a fifth in the year to September compared with a forecast from the US Department of Agriculture....
...Green campaign groups condemned the environment department announcement as being too small to make any meaningful difference to the degradation of water quality across the UK....
...could continue for another three years in its home market of South Africa....
...“We need to support the Global South,” said Amin Nasser, chief executive of the world’s largest oil producer, Saudi Aramco....
...South Africa’s minerals resources minister Gwede Mantashe has voiced his opposition, saying that BHP “never did much” for the country. Another possible hurdle is antitrust scrutiny....
...The US’s move to greener steel production has also had the effect of shifting production south, to states with less organised labour....
...South Africa’s minerals resources minister Gwede Mantashe told the Financial Times that he opposed the bid because his country’s experience with BHP was “not positive”, though he said this was not an official...
...Here is a bullish case for South Africa. Yes, you read that right....
...INA’s focus comes as experts warned of a massive investment gap in south-east Asian countries meeting their net-zero goals....
...“[Chinese carmakers] are turning their attention to markets such as Australia, South America and south Asia.”...
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