** A company that pledged to remove used wind turbine blades from a vacant Minnesota property to have them recycled in Ohio abruptly went out of business, leaving state regulators to decide whether to intervene.
** A North Dakota labor union accuses a wind energy developer of hiring out-of-state workers to build a project after promising to use local labor during the approval process.
** CarbonCapture Inc., which had wanted to build one of the world’s largest direct air capture of carbon dioxide and storage projects in southwestern Wyoming, is pulling the plug on development of the complex in the Cowboy State. The company said the move was made because of the lack of clean power.
** The Biden administration on Tuesday granted a gas export terminal new authority to ship fuel abroad after a court blocked its efforts to delay such permissions. The Energy Department approved shipments from a New Fortress Energy facility in Mexico to countries with which the U.S. does not have a free-trade agreement.
** Despite slowing U.S. electric vehicle sales, Hyundai on Tuesday rolled out the 2025 versions of its Ioniq 5 electric SUV with improved battery range and charging aimed at broadening the appeal of vehicles to be built at a massive new Georgia factory.
** U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a sell-off in the broader oil market. Gasoline futures for October deliveries settled 5.5% lower at $1.98 per gallon, their biggest losses in a single session since July 2022.
World
** White House adviser John Podesta will head to China this week for climate negotiations. An administration official confirmed the trip, with Podesta and other U.S. officials set to meet with Chinese climate officials, including special envoy Liu Zhenmin and former special envoy Xie Zhenhua.
** Car company Volvo has abandoned its target to produce only fully electric cars by 2030, saying it now expects to be selling some hybrid vehicles by that date. The carmaker blamed changing market conditions for its decision to give up a target it had announced only three years ago.
** Volkswagen has “one, maybe two” years to turn its main car brand around, its finance chief said on Wednesday, as the auto giant weighs its first ever plant closures in Germany and its powerful unions threaten a fight.
** The UK on Tuesday said it had awarded a record 131 new green infrastructure projects in a single auction, including plans for Europe’s two biggest offshore windfarms. The new Labour government hailed the outcome to power millions of homes across the island nation with cleaner energy and which followed a similar unsuccessful auction in 2023 under the previous Conservative administration.
** A push by India to make more corn-based ethanol has turned Asia’s top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains.
