
Energy ministers at the International Energy Agency meeting failed to produce a joint climate‑change communiqué, as U.S. Energy Secretary Chris Wright aggressively challenged the agency’s net‑zero agenda. European ministers, led by the UK, France and Spain, reaffirmed the importance of renewables and nuclear power, while the meeting’s official summary emphasized energy security. The U.S. threatened to withdraw from the IEA, arguing against China’s influence, but did support a consensus on monitoring critical raw‑material supplies and clean‑cooking fuel. The IEA also announced the accession of four new members—Colombia, Brazil, India and Vietnam—signaling broader geopolitical shifts.

Manufacturers rethink US strategy in pivot back to petrol and hybrids

Executive order also allocates $175mn to upgrade coal power plants in five states

South Korean automaker Hyundai announced it will not purchase carbon credits from rivals to satisfy the European Union’s emissions standards. Instead, the company plans to rely on its own decarbonisation programmes as it prepares to compete with a wave of...