The new British Labour government is providing 8.6 billion euros for the decarbonization of heavy industry with the national wealth fund. Five sectors will be prioritized.
By Lukas Bayer
China did not approve any CO2-intensive steel plants in the first half of 2024. Analysts see this as a potential turnaround. The sector's slow decarbonization could gain momentum.
By Nico Beckert
Microsoft wants to offset its carbon emissions with credits from a direct air capture (DAC) plant located in Texas and has concluded the largest agreement to date. The catch: The DAC plant is still under construction.
By Nico Beckert
Get to know the "Top of the Table": 100 pivotal figures in the international climate scene. Selected by the Climate.Table editorial team across ten categories, from politics to administration, consulting, think tanks, foundations, and NGOs. Today: the most important personalities from politics.
By Lukas Bayer
Iran is the world's sixth-largest carbon emitter due to its dependence on oil and gas and energy waste. Climate targets are outdated, sanctions hinder investment. The new president could change that.
By Michael Liebert
The new Labour government aims to remove two hurdles hindering the expansion of onshore wind power. Planning regulations introduced under David Cameron in 2015 significantly slowed down the growth of wind power.
By Nico Beckert
In 2028, Germany plans to introduce a capacity market for power plants to secure electricity generation against potential issues. As a first step towards this goal, the government has now presented plans to tender new hydrogen-ready gas power plants.
By Bernhard Pötter
According to Oxfam's calculations, only a fraction of climate finance can be considered genuine support for poorer countries. The high proportion of loans at market rates, as noted by the NGO, dilutes official OECD figures. Oxfam calls for reforms in reporting requirements.
By Nico Beckert
Despite an increase in registered vehicles, fewer cars are traveling on German highways compared to pre-pandemic levels. Concurrently, the traffic volume of long-distance trains has risen, according to a recent study.
By
Institutional investors from the USA account for 65 percent of investments in companies engaged in fossil energy operations. Deutsche Bank and Allianz are leading among German institutional investors.
By Alex Veit
