InternationalJapanese banks head for the doorMajor Japanese banks look to be following the lead of their US counterparts, by exiting the Net Zero Banking Alliance. The Alliance tried to stem the tide by proposing changes to its rules for members. EU economic bloodbathNorthvolt, the EU’s battery manufacturing champion, went into administration, ending several months of anticipation. Green energy generator RWE announced plans to slash investment, and there were thousands of job losses at Audi, bringing the total lost across the VW group to 48,000. Greenpeace bustGreenpeace was ordered to pay more than $660m for defaming Texas-based Energy Transfer. The sum is large enough to push the activists into bankruptcy. Without any apparent irony, they accused the company of ‘using the legal system to silence critics’. Trump goes for coalDonald Trump signalled that the US would return to coal-fired power.
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