The G20 finance ministers want to tax the super-rich more heavily. However, the global minimum tax for billionaires proposed by Brazil was not adopted. According to US Treasury Secretary Janet Yellen, states need to invest more in the green transformation of their economies.
By Nico Beckert
European forests should be supplemented with trees from other regions in the future, according to a recent study. Without better-adapted trees, climate change threatens the carbon sinks of forests.
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China has successfully tested its own large-scale plant for filtering CO2 from the atmosphere for the first time. The so-called CarbonBox is said to be able to filter 600 tons of the greenhouse gas from the air every year. China is not yet one of the market leaders in this new technology.
By Nico Beckert
A new Chinese action plan aims to reduce carbon emissions in the aluminum sector. The sector will replace coal with renewable energies and recycle more aluminum.
By Nico Beckert
The EU Commission intends to impose punitive tariffs on Chinese biodiesel. The background to this is a sharp rise in cheap imports as well as allegations of fraud. The fuels in question are believed to have been advertised as more sustainable than they actually are.
By Carsten Hübner
While the EU, the USA, Japan and Korea are reducing their dependence on coal, demand in China and India is increasing – albeit slower than in 2023. Overall, the IEA expects demand to remain constant until 2025.
By Alexandra Endres
In its second letter, the COP Troika calls on the UN member states to submit their national climate plans to the UN earlier than planned. The idea is to send a signal for compliance with the 1.5-degree limit. The Troika countries want to lead by example.
By Lukas Bayer
After tough negotiations, South Africa has passed a new climate law. It is seen as an indication that the new government is pursuing a more ambitious climate policy than its predecessor.
By Lukas Bayer
US climate envoy John Podesta plans to visit China and negotiate the reduction of industrial nitrous oxide emissions. The USA plans to halve emissions of this greenhouse gas by 2025.
By Nico Beckert
Germany recently adopted a hydrogen import strategy. A new study shows which corridors could be used to bring hydrogen to Europe and Germany. However, this will require additional efforts.
By Nico Beckert
