BUSINES
Solar ‘model village’ illuminates challenges in India
For a millennium the Hindu Sun Temple of Modhera has inspired devotees who pay tribute to the solar deity Surya. Now, the sun is giving back in the form of electricity by lighting up both the temple and the adjacent village. The brainchild of Indian Prime Minister Narendra Modi — and his vision of “one … Read more
US withdrawal leaves energy transition funding gap in south-east Asia
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. South-east Asia is rapidly growing as a critical link in global supply chains as manufacturers rush to shift production from China amid an escalating trade war. It is also fast emerging as a focal point … Read more
Australia learns to battle simultaneous floods and droughts
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. John Warlters, chief executive of the charity Rural Aid, helped to unload 150 tonnes of hay in the remote Kangaroo Island off the coast of South Australia in June. It is the first time his … Read more
Campaigners call for ‘spirit’ of ambition in China climate targets
Xi Jinping’s economic and industrial planners in Beijing are hammering out the final details of China’s new climate change targets. Given that China is responsible for about one-third of global greenhouse gas emissions, these targets, mandated by the 2015 Paris Agreement, hold the potential to shape the future of the world’s fight against global warming. … Read more
Japan switches back to nuclear, 14 years after Fukushima
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan is laying the groundwork to proceed with next-generation nuclear energy plants once its fleet of idled reactors have been restarted, as soaring gas prices and power-hungry data centres have prompted an rethink on atomic … Read more
Shift to solar comes at a price for Pakistan’s national grid
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Pakistani officials are desperate to slow a world-leading solar revolution, as a surge in cut-price Chinese panels and batteries bleeds the country’s finances and threatens the viability of its debt-ridden grid. The power ministry has … Read more
Texas flood kills at least 67 with more rain forecast
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rescuers were searching for 11 girls missing from a summer camp in Texas after a flash flood killed at least 67 people, 21 of them children. The Guadalupe River that runs through the Hill Country … Read more
Texas floods toll climbs to almost 70 as search for missing girls continues
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The search for 11 girls missing from a summer camp in Texas continued for a third day as the death toll from flash flooding climbed to almost 70 people, including 21 children. The Guadalupe River … Read more
It’s a bad time to be a graduate
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As they trade the campus for the job market, fresh-faced graduates are quickly turning glum. From North America to Europe, university leavers are struggling to find suitable work. The unemployment rate for recent college graduates … Read more