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Fossil raw materials: billions in subsidies instead of turning away from oil and gas

Although the global community decided to move away from fossil fuels at the last climate conference, companies continue to invest tens of billions in the search for new oil and gas fields. Government subsidies for fossil fuels have shot up to well over one trillion US dollars following the war in Ukraine. One positive sign comes from the financial industry.

By Nico Beckert

COP29: This is Germany's climate footprint for Baku

Because his government has failed, Chancellor Olaf Scholz will not be attending COP29 in Baku. Germany traditionally pushes for more climate ambition internationally. However, the German traffic light coalition has fallen short of its own ambitions and failed to implement many reforms.

By Bernhard Pötter

Ten questions that will dominate COP29

The official agenda for COP29 includes major issues such as financing and new climate targets. But there are also a lot of detailed issues that are controversial and important.

By Bernhard Pötter

COP29: poor attendance

COP29 is expecting significantly fewer participants than last year's conference. Due to the German government crisis, Chancellor Olaf Scholz has also canceled his trip.

By

COP28 pledges: What remains of them

At COP29, many countries and organizations will once again announce non-binding climate pledges. A look at last year shows that the majority of these non-binding pledges were not kept.

By

Hoekstra: Clear messages to the car industry

While EU Climate Commissioner Wopke Hoekstra had to go into extra time at his first hearing a year ago, this time he was waved through without any major background noise. This was also due to some clear announcements by the Dutchman.

By Lukas Knigge

Canada: How the government wants to decarbonize the oil and gas sector

The Canadian government plans to encourage the fossil fuel industry to decarbonize through emissions trading. Specifically, emissions in the sector are to be reduced by 35 percent by 2030 compared to 2019. While the oil and gas industry fears lower production, environmental organizations welcome the draft.

By Lukas Bayer