Saturday, 19 April 2025

Focus on Govt of EU

FILE PHOTO: A labourer works inside a steel factory in the northern Indian city of Kanpur July 20, 2009. REUTERS/Pawan Kumar (INDIA BUSINESS)/File Photo
BusinessClimateEmissionsEmissions MarketsGreen SteelIndustryNews

Analysis: New green steel firms could reap rewards as EU carbon tariffs loom

New and strengthened rules in the EU against supply chain carbon emissions provide an opportunity for green steel producers.

FILE PHOTO: A fish carcass is seen on a sandbank that emerged in the middle of the Solimoes River in the Amazon Basin, which is suffering from the worst drought on record, near Manacapuru, Amazonas state, Brazil September 20, 2024. REUTERS/Jorge Silva/File Photo
AnalysisClimateClimate FinanceEmissionsEnvironmentReportsWeather

2024 will be world’s hottest on record, EU scientists say

2024 is set to become the hottest year on record, intensifying calls for stronger climate action at COP29 in Azerbaijan.

FILE PHOTO: Smoke and steam billows from Belchatow Power Station, Europe's largest coal-fired power plant operated by PGE Group, near Belchatow, Poland November 28, 2018. Picture taken November 28, 2018. REUTERS/Kacper Pempel/File Photo
AnalysisCarbon ManagementEconomyEmissionsEmissions MarketsEnvironmentReports

Decarbonising by 2050 could boost Poland’s economy by 4%, World Bank says

Poland's $450B decarbonization goal for 2050 could boost GDP by four per cent, reduce pollution, and improve health, per World Bank report.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
Carbon ManagementClimateClimate FinanceEmissionsNewsPoliticsRegulationsTrade

China wants talks on trade measures at COP29 climate summit, document shows

China has called for talks on carbon border taxes and other restrictive trade measures at next week's COP29 climate summit.

FILE - European Executive Vice President and Commissioner for Economy and Trade Valdis Dombrovskis speaks during a news conference at the Delegation of the European Union to China after he concluded the 10th China-EU High-level Economic and Trade Dialogue with Chinese Vice Premier He Lifeng in Beijing, Sept. 26, 2023. (AP Photo/Andy Wong, File)
EconomyElectric Vehicles (EVs)LegislationManufacturingNewsPoliticsRegulationsTrade

Beijing files complaint at WTO over EU tariffs on Chinese electric vehicles

Beijing has filed a WTO complaint against the EU, challenging anti-subsidy tariffs of up to 35 per cent on Chinese-made EVs, citing protectionism.

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China EV price deal needs be as effective as tariffs, says EU official

EU seeks enforceable minimum prices for Chinese EVs as alternative to 45.3% tariffs, says trade chief nominee Sefcovic.

Employees work on the production line at a factory for Chery's electric vehicles (EV) in Wuhu, Anhui province, China July 29, 2024. China Daily via REUTERS/File Photo
EconomyElectric Vehicles (EVs)LegislationManufacturingNewsPoliticsRegulationsTrade

China urges palatable EV trade solution from EU as France defends bloc

China urges France to mediate with the EU over EV tariffs, while France stands firm on fair competition and opposes China’s brandy tariff.

A view of the closing session at the United Nations COP16 nature summit in Cali, Colombia, November 1, 2024. REUTERS/Camilo Rodriguez/File Photo
AnalysisBiodiversityClimateClimate FinanceEnvironment

Public funding for nature conservation stalls at COP16, eyes on private investment

At COP16, wealthy nations pulled back on conservation funding, leaving private capital to help bridge the $200 billion gap.

Skoda Auto cars are seen at the production line as the carmaker launches production of MEB battery systems in Mlada Boleslav, Czech Republic, May 17, 2022.  REUTERS/David W Cerny/File Photo
AutomotiveEconomyEmissionsLegislationNewsPoliticsRegulations

Czech Republic joining Italy to fight carmakers’ CO2 fines

Czech Republic will join Italy in seeking to prevent carmakers from facing penalties when tougher CO2 emission rules take effect in the EU.

Net greenhouse gas emissions in the EU last year were 37 percent below 1990 levels, even though GDP grew by 68 percent over the same period, data showed (AFP)
ClimateCoalEmissionsEnvironmentNewsSolarWind

EU greenhouse gas emissions saw ‘huge’ drop in 2023

The EU saw an eight per cent drop in GHG emissions in 2023 due to rising renewables, but urgent action is needed to...

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