US President Joe Biden wants to support domestic green industries with billions. In Europe, many now smell protectionism and a disadvantage for their economy. Trade experts and companies are more relaxed than politicians.
By Nico Beckert
The German government relies on the controversial CCS technology faster and on a larger scale than previously thought to reach its climate targets. An internal government report shows that millions of metric tons of carbon dioxide are to be exported and dumped in storage facilities as early as 2030.
By Bernhard Pötter
Emissions from maritime shipping will be covered by European emissions trading in the future - a historic step. The EU Commission also presents first proposals on how it intends to certify carbon dioxide emissions from the atmosphere. This has been met with some considerable criticism.
By Lukas Knigge
Despite the renaissance of fossil fuels at COP27, IEA chief Fatih Birol sees strong momentum for the global energy transition. Birol predicts a peak in gas consumption soon. But the 1.5-degree target will require trillions in investment. He advises Germany not to venture into fracking.
By Alexandra Endres
