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Frans Timmermans ist Exekutiv-Vizepräsident der EU-Kommission und zuständig für den Green Deal sowie die internationale Klimapolitik.
Feature

Timmermans: New EU climate target 'perhaps at minus 58 percent'

The vice president of the EU Commission wants healthier soils and fewer pesticides in agriculture - and no break for decarbonization. In an exclusive interview with Claire Stam and the French media Contexte, Frans Timmermans defends his proposals for a Nature Restoration Law and the reduction of pesticide use against criticism. For COP28, he sees no other option than to talk to fossil fuel companies. A new EU climate target of minus 58 percent is possible, he says.

By Claire Stam

230524 -- LAGOS, May 24, 2023 -- Guests pose for a group photo at a launch ceremony for Yutong electric buses in Lagos, Nigeria, on May 23, 2023. Chinese bus maker Yutong on Tuesday launched the first electric mass transit buses targeting public transport in Lagos, Nigeria s economic hub, as the country prepares for the gradual shift from internal combustion engine-powered vehicles to sustainable electric vehicles EVs. The project is a collaboration between the Oando Clean Energy Limited, Yutong s partner in Nigeria, and the Lagos Metropolitan Area Transport Authority to start proof-of-concept with two Yutong electric buses on the Bus Rapid Transit road in Lagos. Photo by /Xinhua NIGERIA-LAGOS-CHINESE ELECTRIC BUSES-LAUNCH LixPeng PUBLICATIONxNOTxINxCHN
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Yutong's uncertain partner in Lagos

The Chinese manufacturer Yutong plans to supply 12,000 electric buses to the Nigerian metropolis. However, the deal could come with unpleasant surprises. The Nigerian partner is embroiled in a severe financial scandal.

By Christian Hiller von Gaertringen

April 10, 2022, Brazil: In this photo illustration, a woman s silhouette holds a smartphone with the Taiwan Semiconductor Manufacturing Company Limited TSMC logo in the background. Brazil - ZUMAs197 20220410_zab_s197_032 Copyright: xRafaelxHenriquex
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TSMC Dresden plans take shape

Taiwan's chip giant TSMC is now almost certain to build a factory in Dresden. The government considers the strategic security of the supply chain to be of enormous value and is offering substantial subsidies. The catch: The technology that Germany is attracting with a lot of money is outdated.

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Feature

EU Parliament: Commission's response to IRA insufficient

The EU Commission's response to the multi-billion US Inflation Reduction Act for the promotion of green industries is insufficient, criticizes the lead MEP in the EU Parliament. The EU has no "business case" for decarbonizing the industry. It should promote more technology sectors and grant more subsidies. This is the demand made in the report of the responsible EU rapporteur, which is available to Table.Media in advance.

By Till Hoppe

April 27, 2023, Vilanova de Sau, Spain: An old boat on the dry land is seen at the Sau water reservoir. The water resevoir, one of the main sources of water of the spanish region of Catalonia and in particular for the city of Barcelona, is now at 6% capacity according to Catalan Water Agency data, while the water reservoirs of the region are at 27% capacity, which has forced local governement to take measures against the water shortage, as Spain has entered a period of chronic drought. The record low level has made resurface the town of Sant Romà with its iconic bell tower, which was flooded in the 60s when the dam was built. Vilanova de Sau Spain - ZUMAs197 20230427_zab_s197_079 Copyright: xDavidexBonaldox
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Spain: Drought as an election issue

Spain faces the worst drought since record-keeping began. The drought leads to forest fires, damaged crops and drives up inflation. The government has provided more than two billion euros for a series of measures and the political parties are making climate change an election campaign issue.

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Feature

Retail strategy: Industry disapproves

The ban on commissions for securities transactions was cleared in advance. Pressure from the Federal Ministry of Finance probably helped. But even without the commission ban, the proposal for the retail investor strategy that the Commission is presenting today is unlikely to meet with much approval in the industry.

By Max Mustermann

TM_ESG_Globale Wertschoepfungsketten_EN02_Zeichenfläche 1 Kopie
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SMEs criticize implementation of German Supply Chain Act

According to a survey conducted by the Hamburger Stiftung für Wirtschaftsethik (Hamburg Foundation for Business Ethics), German SMEs consider protecting human rights along the supply chain important. The focus is currently primarily on supply chains in China. However, companies are not satisfied with the implementation of the law in Germany – and do not always feel adequately represented by their own associations in this regard.

By Caspar Dohmen

Blick auf Chinas Great Wall Station in der Antarktis, vor einem verschneiten Berg
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China's ambitions in Antarctica

Satellite images show that China is building a fifth research station in Antarctica. While Beijing stresses that it wants to cooperate in the region with other states, Western observers warn of espionage. The US military reports about dual-use technology and suspicious antennas at China's stations.

By Jörn Petring