After weeks of negotiations, the EU Parliament was supposed to vote on its position on the reform of the European Emissions Trading Scheme yesterday. However, the report was rejected and referred back to the committee that will now have to find new compromises and more solid majorities.
By Lukas Knigge
The end of the combustion engine is drawing closer. A majority of the European Parliament backed the EU Commission's proposal. There is criticism from the EPP Group.
By Stephan Israel
Tesla CEO Elon Musk wants to expand Twitter into a universal app in the style of WeChat. He considers the Chinese model to be the best app in the world. With his version, he would benefit from the worldwide skepticism toward the data leech China.
By Frank Sieren
If the global community wants to achieve its climate targets, carbon dioxide that has already been generated must also be recaptured. However, the technology for this is still expensive. China is not deterred by this and is planning huge plants to capture CO2.
By Nico Beckert
Pictures of 25-year-olds driving a new Porsche or wearing the most expensive couture watches were the norm on China's social media platforms for a long time. Showing off what you have and who you are was considered part of the Chinese dream. Consumption in China offered many opportunities to celebrate one's own individuality, but that is now coming to an abrupt end.
By Ning Wang
The Covid crisis has also affected China's airline industry. It is now facing new challenges: High fuel costs, a weak yuan, and image problems following a plane crash are complicating the recovery. A government aid package is intended to provide relief.
By Christian Domke Seidel
The mining sector will also likely be included in the EU taxonomy and thus declared sustainable. This would strengthen European raw material production and force them to adopt higher environmental and social standards. But environmental associations are skeptical.
By Leonie Düngefeld
The EU Parliament will vote today on key elements of the Fit-for-55 package. While some results have long been emerging, there are still no clear compromises on groundbreaking dossiers such as the ETS, CBAM and fleet limits.
By Lukas Knigge
The planned Carbon Border Adjustment Mechanism (CBAM) is intended to ensure that non-European suppliers are subject to comparable rules on CO2 emissions as local producers. So far, it is unclear how the instrument can be designed to ensure that companies from other countries also comply with high climate protection standards. The EU has already solved a similar problem in digital policy.
By Falk Steiner
The combination of good solar and wind energy locations makes Spain an important building block for Europe's hydrogen strategy. Germany also wants to participate in a project in the northwest of the country.
By Isabel Cuesta Camacho
