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We may be about to enter a new golden age of gold mining deals as explorers and producers seek to capitalize on higher metal prices.

The Ministry of Environment has decided to reduce subsidies for the purchases of electric vehicles (EVs) that use batteries with lower energy density, thwarting the attempt by Korean importers of Chinese electric buses to stop the move. In contrast, the ministry accepted the request from Korean importers of cars made in the U.S., Europe and Japan to continue to offer subsidies for the purchases of EVs made by carmakers having outsourced service centers here.

The government is facing a severe backlash from importers of Chinese electric buses, as well as the Chinese Embassy in Korea, due to its plan to reduce subsidies for the purchases of imported electric vehicles (EVs) that use batteries with lower energy density, according to industry officials, Wednesday. Most Chinese electric buses are equipped with lithium ferro-phosphate (LFP) batteries with lower energy density compared to nickel, cobalt and manganese (NCM) batteries used in Korean EVs.

CNBC let the head of a DC think tank defend an oil CEO's leadership of a climate conference. There was just one problem.

OPINION: Action needed now to address climate change, Local Opinion, Portland local Opinion, Breaking Opinion alerts for Portland city.