Friday, 4 April 2025

Focus on Govt of EU

Nations meeting at the COP29 climate summit in Azerbaijan in November are supposed to agree how much money should go to poorer countries to help them combat global warming (AFP)
ClimateClimate FinanceEmissionsEnvironmentNewsPoliticsResiliencyUnited NationsWeather

COP29 draft climate pact leaves open thorny question of money

UN draft narrows COP29 climate finance options for poorer nations but leaves unresolved how much rich countries will pay.

FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FuelIndustryLegislationLiquefied Petroleum GasNewsPoliticsRegulationsTrade

BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

A view shows the flag with the logo of the COP29 United Nations Climate Change Conference in front of the Baku Olympic Stadium, the venue of the summit, in Baku, Azerbaijan September 19, 2024. REUTERS/Aziz Karimov/File Photo
BusinessClimateClimate FinanceNewsPoliticsUnited Nations

EU ministers agree on COP29 negotiating position

A European Council statement says EU environment ministers agreed on a negotiating position ahead of the COP29 UN climate summit in Azerbaijan.

News ReleaseClimate Finance

UN climate change conference: EU calls for efforts to keep the 1.5°C goal within reach

14 October 2024 20:30 Climate change is an existential threat to humanity, ecosystems and biodiversity, as well as to peace and security. At the 29th...

FILE PHOTO: Stellantis CEO Carlos Tavares inaugurates the group's electrified dual-clutch transmission (eDCT) assembly facility in the Mirafiori complex in Turin, Italy, April 10,2024. REUTERS/Massimo Pinca/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Stellantis CEO says EU carbon rules are pushing industry costs up by 40%

Stellantis CEO Carlos Tavares noted EU carbon rules are raising auto industry costs as customers avoid pricey EVs.

FILE PHOTO: A general view of a palm oil plantation in Siak regency, Riau province, Indonesia, April 26, 2022. Picture taken with a drone on April 26, 2022. REUTERS/Willy Kurniawan/File Photo
AgricultureBiodiversityEnvironmentLegislationNewsRegulations

Indonesia, Malaysia, EU work on guide for smallholders on EU deforestation rules

Indonesia, Malaysia, and the EU will create a practical deforestation guide for smallholders by November.

A glass of 20 year-old Cognac is seen at the Painturaud Freres wine cellar in Segonzac, France, October 9, 2024.  REUTERS/Lucien Libert
AnalysisBusinessEconomyElectric Vehicles (EVs)LegislationPoliticsRegulationsTrade

In France’s Cognac, Beijing and Brussels’ EV spat spells disaster

In Cognac, French brandy producers and dealers of Chinese-made EVs face challenges from EU tariffs and China's retaliatory measures.

China's massive solar industry, which enjoys strong support from the state, makes eight of every 10 solar panels in the world (AFP)
AnalysisBusinessClimate FinanceEconomyElectricityIndustryInfrastructureManufacturingPoliticsRegulationsSolarTrade

China’s solar goes from supremacy to oversupply

China's solar industry, bolstered by state support, faces challenges from foreign tariffs and intense domestic price competition.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
EconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsTrade

China-EU team to continue talks after bloc’s ruling on Chinese EVs, state media reports

China has recently engaged in "intensive communications" with the US and the EU on electric vehicle trade issues, state news agency Xinhua reported...

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