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EV boom: China hit oil consumption peak

According to new figures from the country's largest oil company, China's consumption of refined oil has peaked. In 2024, 1.3 percent less was consumed, mainly due to the boom in EVs.

By Nico Beckert

Wärmepumpe an einem Einfamilienhaus in Düsseldorf Düsseldorf Nordrhein-Westfalen Deutschland *** Heat pump on a single family house in Düsseldorf North Rhine Westphalia Germany

Heat pumps: Number of funding applications skyrockets

In the last two weeks, the number of applications for subsidies for eco-friendly heating systems has risen significantly. The BMWK believes the main reason for this is uncertainty about future funding opportunities.

By Malte Kreutzfeldt

Arctic tundra: Why the region becomes a CO2 source

The Arctic tundra has changed from a carbon sink to a carbon source for the first time. A NOAA report warns of a "warmer, wetter and unsafe world" for the local population and many animal and plant species.

By Lukas Bayer

World Bank: USD 100 billion for the poorest countries

Donor countries have pledged a record 100 billion US dollars for a three-year replenishment of the World Bank's fund for the poorest countries, providing a vital lifeline in their fight against crushing debt, climate catastrophe, inflation, and conflict.

By Redaktion Table