In brief | 19 May '25
FT:
Berlin has signalled to Paris it will no longer block French efforts to ensure nuclear power is treated on par with renewable energy in EU legislation, according to French and German officials.
Bloomberg:
The UK and European Union are expected to signal a new era of climate cooperation by pledging to link their carbon markets to avoid trade levies and reset post-Brexit relations.
Politico:
Britain and the European Union agreed to work towards deals in energy, agrifood rules, climate, migration and policing, and mobility of people.
The Guardian:
Swiss startup Climeworks, which has led the way in sucking carbon out of the air, has announced plans to cut its workforce by more than 10% amid economic uncertainty and “reduced momentum” for climate tech.
FT:
Gas prices likely to rise in the summer as countries rush to meet EU target.
EEB:
Investing just one-third of the Social Climate Fund, the EU could subsidise up to 20 million heat pumps across the EU by 2032.
Ifo institute:
At the EU level, underinsurance is widespread and poses fiscal risks. The debate in Germany reflects a broader need for insurance-based climate adaptation mechanisms.
University of applied Sciences BFI Vienna:
In their statement, the economists emphasise that the EU must defend both the Corporate Sustainability Due Diligence Directive (CSDDD) and the Green Deal, saying that weakening the legislation would create uncertainty for companies and shift the social and environmental costs onto the general public.
