Table.Briefings

News

Ireland: Why the country could be hit by climate fines of up to five percent of GDP

Should Ireland miss its EU climate targets, it would have to pay significantly more money to EU member states than previously assumed. A joint report by the Irish Climate Council and the Fiscal Council shows that targeted investments could more than halve the climate fines – and would only cost half as much as the looming penalty.

By Lukas Bayer

Kohlekraftwerk in der südafrikanischen Limpopo Provinz

Reports: USA plans to withdraw from JETPs

According to informed sources, the United States is withdrawing from the coal phase-out partnerships with South Africa, Indonesia and Vietnam. This would leave the JETPs short of four billion US dollars in financial commitments and loans, as reported by Reuters with reference to sources in the three countries.

By Nico Beckert

Automotive Action Plan: Review of emission standards finalized by December

E-fuels and battery-electric solutions are to be approved in order to ensure zero grams of CO2 per new car by 2035. Commissioner for Transport Tzitzikostas made it clear that this is what the review of the CO₂ fleet legislation is all about. The Commission is also looking at other technologies.

By Markus Grabitz

Finance Watch: Financial sector needs liability rules for AI

The non-governmental organization Finance Watch warns of the risks for consumers and the stability of the financial sector if the rules for AI in this area are not revised. Without accountability, liability and transparency, trust will be lost.

By Corinna Visser