The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, Handelsblatt reported, citing government advisers.

The price of very low-sulfur fuel oil (VLSFO) has risen in recent months, a sign of increasing worry there is not enough of the fuel to comply with new global shipping laws that took effect this year, market participants said.

Soaring demand for SUVs drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on collision course with government efforts to tackle global warming despite big investments in electric vehicles.

The number of billion-dollar climate- and weather-related disasters in the United States more than doubled in the last decade, with costs soaring above $800 billion, according to a U.S. government report.

The mayors of New York City and London urged other cities to divest their pension funds from fossil fuel producers, as they introduced a toolkit to help cities shift investments away from companies that drive climate change.

The past decade was India’s hottest on record, with extreme heat directly killing about 350 people last year, the national meteorological department’s chief said.

China must end the construction of all new coal-fired power plants in order to meet long-term climate goals in the most economically feasible manner, according to a study co-authored by a government-backed research institute.

By the European close on Wednesday, Brent crude oil prices had returned back below levels seen before Soleimani’s death on Friday and Wall Street’s S&P500 equity index rallied to new record highs.

To keep up with the upcoming electric surge EU’s infrastructure framework needs to prioritise electric charging and be in line with the increasing demand for public and private charge points, according to new research.

Toyota Motor Corp plans to build a prototype “city of the future” at the base of Japan’s Mt. Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, “smart homes,” artificial intelligence and other technologies.