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Low-carbon energy investment hit record $2.1 tn in 2024: report![]() Paris (AFP) Jan 30, 2025 Global investment in the transition to low-emission energy grew to a record $2.1 trillion last year, according to analysis by BloombergNEF, but vastly more is needed to meet international climate goals. Investment worldwide was up 11 percent on 2023 with China accounting for two-thirds of the increase, far eclipsing spending in Europe and the United States, according to the Energy Transition Investment Trends 2025 report. Electric vehicles, renewable energy and power grids all attracted record i ... read more |
World awaits Trump tariff deadline on Canada, Mexico and ChinaWashington (AFP) Jan 31, 2025 With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners - Canada, Mexico and China - the global economy is bracing for impact. ... more
Trump's environment pick confirmed, drawing cheers from industryWashington (AFP) Jan 29, 2025 President Donald Trump's nominee to head the US Environmental Protection Agency was confirmed by the Senate on Wednesday, drawing cheers from the fossil fuel industry and sparking alarm among green groups. ... more
EU vows 'action plan' for beleaguered auto sectorBrussels, Belgium (AFP) Jan 30, 2025 The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector as it faces mounting pressure to ease green targets for an industry beset by Chinese competition. ... more
Shell annual profit drops to $16 bn as oil prices fallLondon (AFP) Jan 30, 2025 British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs. ... more |
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New Atom-Based Thermometer Offers Unprecedented Accuracy in Temperature MeasurementLos Angeles CA (SPX) Jan 30, 2025 Scientists at the National Institute of Standards and Technology (NIST) have developed an innovative thermometer that measures temperature with incredible precision. The device uses Rydberg atoms, w ... more |
New Study Unveils Key Factors Behind Cryptocurrency Exchange Failures and How to Avoid Future CollapsesBerlin, Germany (SPX) Jan 30, 2025 A chilling scenario is becoming all too common for cryptocurrency traders: logging into an exchange platform only to discover that the site is down, funds are missing, and no support is available. W ... more
New Technique Tracks Dark Excitons for Future Solar CellsBerlin, Germany (SPX) Jan 30, 2025 How can modern technologies, like solar cells, be optimized? An international team of researchers, led by the University of Gottingen, is tackling this question using an innovative new technique. Fo ... more
New training approach could help AI agents perform better in uncertain conditionsBoston MA (SPX) Jan 30, 2025 A home robot trained to perform household tasks in a factory may fail to effectively scrub the sink or take out the trash when deployed in a user's kitchen, since this new environment differs from ... more
Smart carbon dioxide removal yields economic and environmental benefitsBoston MA (SPX) Jan 30, 2025 Last year the Earth exceeded 1.5 degrees Celsius of warming above preindustrial times, a threshold beyond which wildfires, droughts, floods, and other climate impacts are expected to escalate in fre ... more |
Asian markets mostly rise but worries over tariffs, AI lingerHong Kong (AFP) Jan 31, 2025 Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened by US President Donald Trump confirming hefty tariffs on Canada and Mexico. ... more ![]() |
Trump's point man for drilling agenda confirmed by SenateWashington (AFP) Jan 31, 2025 The US Senate on Thursday confirmed Donald Trump's pick to lead the Interior Department, a role that oversees the nation's vast public lands and waters that are vital to the president's agenda of expanding drilling. ... more San Francisco (AFP) Jan 31, 2025 Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution. ... more
Apple profit climbs but sales miss expectationsSan Francisco (AFP) Jan 31, 2025 Apple on Thursday reported its revenue was a whopping $124.3 billion in the year-end holiday quarter, but sales growth fell shy of market expectations as the iPhone faces stiff competition, particularly in China. ... more
OpenAI seeking $40 billion in new fundraising round: reportSan Francisco (AFP) Jan 30, 2025 OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday. ... more |
France, Germany stall eurozone growth in fourth quarterBrussels, Belgium (AFP) Jan 30, 2025 Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability. ... more
Turning farm waste into sustainable roadsCoral Gables, FL (SPX) Jan 30, 2025 A typical road is made of rocks and sand held together by petroleum to create the smooth surfaces we drive on every day. But some of these materials come at a cost: during the production and install ... more
Quantum Systems Show Entropy Increase, Aligning with Thermodynamic LawsBerlin, Germany (SPX) Jan 30, 2025 The second law of thermodynamics, a cornerstone of physics, posits that systems will move toward greater disorder over time. It asserts that entropy, a measure of this disorder, increases in every c ... more
Zero Emissions Process for Truly Biodegradable Plastics DevelopedDateline: Madrid, Spain (SPX) Jan 30, 2025 Plastic pollution is a pervasive problem, with petrol-based plastics found in various everyday products, from packaging to clothing. These plastics, once discarded, break down into microplastics tha ... more |
More efficient batteries with quantum photonicsParis, France (SPX) Jan 31, 2025 The QLASS project, led by Politecnico di Milano, is working to develop a quantum photonic computer that harnesses the quantum properties of photons-the fundamental particles of light. With a euro 6 ... more
Research update: Generating electricity from tacky tapeLos Angeles CA (SPX) Jan 31, 2025 Harnessing static electricity as an energy source has long intrigued scientists, and a recent study from The University of Alabama in Huntsville (UAH) takes this concept a step further using everyday materials. ... more
A spintronic perspective on chiral molecule interactionsBerlin, Germany (SPX) Jan 31, 2025 Electrons are well known for their negative charge, a key factor in electrical currents. However, they also possess an intrinsic property known as spin, which has significant implications for data s ... more
Swatch profit falls on weak China demandZurich (AFP) Jan 30, 2025 Shares in Swiss watchmaker Swatch slumped Thursday after it reported lower-than-expected earnings on the back of weak sales in China. ... more |
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Ukrainian drone barrage on Russia kills two, hits oil refineryKyiv, Ukraine (AFP) Jan 29, 2025 A Ukrainian drone attack killed a mother and her toddler in a Russian border region on Wednesday, Russian officials said, as Kyiv launched a major overnight barrage that set an oil refinery ablaze and targeted a nuclear facility. ... more |
EdgeCortix SAKURA-I AI Accelerator Validated for Radiation Resilience in Space MissionsLos Angeles CA (SPX) Jan 29, 2025 EdgeCortix Inc., a prominent fabless semiconductor company specializing in energy-efficient artificial intelligence (AI) processing at the edge, has announced that its SAKURA-I AI Accelerator has be ... more
'Good news': Dutch chip giant ASML welcomes DeepSeekVeldhoven, Netherlands (AFP) Jan 29, 2025 The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector. ... more
Facing Trump and China, EU unveils pro-business roadmapBrussels, Belgium (AFP) Jan 29, 2025 The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals. ... more
Chemical looping turns environmental waste into fuelColumbus OH (SPX) Jan 30, 2025 Turning environmental waste into useful chemical resources could solve many of the inevitable challenges of our growing amounts of discarded plastics, paper and food waste, according to new research ... more |
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