Photo: Freepik Hundreds of workers could lose their jobs after the manufacturing and chemicals giant Sabic announced the closure of its site in north-east England. The Saudi Arabian firm, one of the world’s largest petrochemical manufacturers, will shut its Olefins 6 cracker plant in Wilton, Teesside, after 46 years of it operating. The exact number…
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Phopto: Freepik Observer recently shed light on a powerful but often overlooked story: Electric vehicles aren’t just cutting carbon pollution — they are cleaning the air we breathe and improving public health in cities around the world. As the piece details, EV adoption is surging. In 2023, global sales jumped 35%; U.S. sales were up over 40%. But beyond the climate stats and…
Photo: Freepik It only took two days for Nigeria to raise $59 million through green bonds — part of a funding drive for climate and environmental projects in a nation still hooked on oil. Africa remains a small player in the green bond market, and the debt instrument is underused — but it is becoming…
Photo: Freepik (The Center Square) – Illinois drivers face another gas tax hike July 1, despite already paying the nation’s second-highest rates. Starting July 1, Illinois drivers will see the state gas tax rise to 48.3 cents per gallon—up 1.3 cents from last year—as part of an automatic inflation adjustment that keeps Illinois among the…
Photo: Freepik Siemens Energy (OTCPK:SMEGF) expects to launch U.S. production of big industrial power transformers in 2027 and can further expand its North Carolina factory if demand, and import tariffs, stay high, executives said Thursday, Reuters reported. Siemens Energy (OTCPK:SMEGF) tallies more than 20% of its total sales in the U.S. market, where it operates…