Due to the large overcapacity, China has suspended the approval process for new steel plants. The Chinese steel sector accounts for around 4.6 percent of annual global carbon emissions. The government has not yet announced any details on the revision of the approval process.
By Nico Beckert
Germany's 2020 national budget distributed around 35.8 billion euros in climate-damaging subsidies. Worldwide, direct and indirect state aid for fossil fuels is around 200 times higher.
By Bernhard Pötter
Following a study on the costs and emissions of climate-damaging emissions, environmental associations are calling for consequences to be drawn and subsidies to be reduced. Neither the BMWK nor the Ministry of Transport feel responsible.
By Malte Kreutzfeldt
In Austria, the CO2 price is rising, and with it the climate bonus: This year, there will be at least €145 per head. Payment is due to start at the beginning of September – and because it is processed digitally in the vast majority of cases, it will take place quickly.
By Alexandra Endres
According to a recent report, current policies such as the IRA will reduce emissions in the USA even further. However, the country is still a long way from a net-zero path.
By
According to the latest data from the World Resources Institute (WRI), wildfires are getting worse. In 2023, flames destroyed almost twice as much tree area as 20 years ago. Global warming is an important driver. These wildfires also endanger important tropical forests, for example, in the Amazon region.
By Alexandra Endres
In an open letter, former heads of state and Nobel Prize winners have called on the United Nations to include fossil fuels in an important UN climate treaty. They have been omitted from the current draft, which has caused great outrage.
By Lukas Bayer
According to a new calculation, the United States would emit around 800 billion tons more CO2 under Donald Trump than if it continued its current climate policy. However, it is still unclear whether the underlying assumption is correct.
By Nico Beckert
The most important climate action technologies are already available and are becoming increasingly efficient and affordable. A recent report shows the enormous innovations in solar, wind and battery technology.
By Nico Beckert
The climate targets of the world's largest banks are too low to meet the 1.5-degree limit. Moreover, most banks are failing to meet their own targets.
By Lukas Bayer
