The starting credit quantity in the new emissions trading system (ETS II) for transport and buildings was determined on Tuesday. Around one billion credits will be issued once trading commences in 2027. Experts expect carbon prices to be significantly higher than in ETS I.
By Lukas Bayer
Oil companies are betting that the rising demand for plastics and other petrochemical products will compensate for the decline in the transport sector. A new report concludes that they are taking high risks in doing so.
By Alexandra Endres
Europe risks missing its climate targets for 2030 – with a CO2 gap of up to 29 percent. Slow electrification, low investment and technological gaps slow progress, jeopardizing the net zero target for 2050.
By Lukas Knigge
According to the World Bank, developing countries spent more capital on servicing their debt last year than what they were promised in climate payments for 2035 at COP29. South Africa wants to make debt a focus of its G20 presidency.
By Bernhard Pötter
There have recently been suggestions that Trump could bring the EU closer to China. The EU ambassador in Beijing does not expect an immediate change in relations.
By Manuel Liu
US car manufacturer General Motors (GM) has prepared its shareholders for charges of more than five billion US dollars in the China business. This relates to restructuring costs for the joint venture with SAIC Motors.
By
Nepal has been a member of the Belt and Road Initiative since 2017, but few collaborations have emerged since then. Now the new prime minister is seeking proximity to China and the New Silk Road.
By Manuel Liu
This year, around four billion low-value parcels arrived in the EU from online stores such as Temu and Shein. The EU Commission is now preparing to tighten regulation.
By Manuel Liu
The Council of Europe has lowered the wolf's protection status, which is a prerequisite for the EU to adapt the species protection law in the Habitats Directive.
By Markus Grabitz
Now that Ursula von der Leyen has revised the mission letters for the College, the Greens are claiming key changes for themselves. Meanwhile, the Commission plans to present its Clean Industrial Deal on Feb. 26.
By Manuel Berkel
