Renewables
Brookfield’s Neoen to Spend $7 Billion Doubling Australian Renewables Folio
French renewables developer Neoen SA expects to spend about A$10 billion ($7 billion) to more than double its Australian portfolio to 10 gigawatts by 2030.
Cenovus Rips Canada’s Oil Pipeline Plan as ‘Unfinanceable’
The leader of one of Canada’s biggest oil companies blasted a government push for a massive carbon-capture project and carbon tax in exchange for an oil-sands pipeline, calling it uneconomical.
AI Supercycle Propels China’s Trade With 111% Boom in Chip Sales
China’s exports and imports expanded rapidly in May, topping forecasts as a global investment supercycle in artificial intelligence drives up prices and demand for hardware made by the world’s manufacturing powerhouse.
