So far, climate lawsuits have mainly targeted governments. However, more and more companies are also being sued, although they have neglected this risk so far.
By Alexandra Endres
Europe wants to build up its own solar industry and reduce its dependence on China. However, major companies are threatening to relocate their plants. They require billions in subsidies, which would significantly drive up the costs of the energy transition. However, there are other proposals.
By Nico Beckert
The EU Parliament and Council have reached a provisional agreement on the ban on products from forced labor. The regulation deals in particular with cases of state-imposed forced labor. However, compensation for victims will not initially be enshrined in the law.
By Leonie Düngefeld
A qualified majority for the trilogue result on the EU Supply Chain Act was again not achieved in the Council today. The vote was postponed again. Rapporteur Lara Wolters sharply criticized the behavior of the Member States.
By Leonie Düngefeld
The German government aims to enable CO2 storage in the North Sea and to subsidize this technology. However, a CCS business model is not foreseeable worldwide. Instead, long subsidy periods and costs in the billions are looming.
By Nico Beckert
Amidst economic woes, China's middle class suffers another setback: wages have fallen significantly over the past year. This is also bad news for consumption.
By Jörn Petring
The electric car manufacturer Li Auto has set its sights on German manufacturers in the premium segment. The sales figures needed to achieve this are far beyond the forecast for the entire market. However, the rapid development of recent years seems to bring the ambitious goals within reach – despite a technology that is frowned upon in Europe.
By Christian Domke Seidel
In a final, 16-hour trilogue negotiation, the Belgian Council Presidency and the negotiators from the EU Parliament reached an agreement on the reform of EU debt rules. Although the outcome largely aligns with the Council's position, it is intended to create minor additional leeways for investments.
By Table.Briefings
Offshore wind turbine developer Ørsted plans to cut 800 jobs and withdraws from key markets. Turbine manufacturer Vestas, on the other hand, is optimistic about the new fiscal year.
By Nico Beckert
China's provinces have declared their growth targets for the current year. What is striking is that almost all provinces have lowered their targets. This indicates that they are not expecting any significant growth stimulus from Beijing. However, their own economic strength is also weakened.
By Jörn Petring
