A leading environmental economist has said that Britain has no plans to respond to US and European Union subsidies for green industries, as the country has nothing to subsidize.

After Elon Musk struck an upbeat tone about demand for the company’s vehicles and its ability to navigate a potential economic downturn, shares rallied.

NextEra Energy Inc. shares fell sharply after the company announced that the head of its Florida utility was retiring.

Most of the clean-energy investments spurred by the Biden administration's signature Inflation Reduction Act are going to Republican-leaning states.

The US climate bill offers subsidies worth hundreds of billions of dollars for clean energy sources ranging from hydrogen to nuclear power. However, projects that don't meet certain new wage and labor requirements only receive a fraction of the credit.