In brief | 4 April '25
NYTimes:
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
E&E News:
New levies on imported goods could exacerbate a shortage of parts used by the energy industry.
Politico:
“Clearly we need a bit more time,” says Climate Commissioner Wopke Hoekstra.
Bloomberg:
The European Union has gone back to the drawing board for its 2040 climate target in a bid to make sure it can secure a majority among the bloc’s 27 member states and parliament.
Reuters:
European Union politicians gave themselves more time to negotiate changes to exempt smaller businesses from sustainability reporting rules that European industry says put it a disadvantage.
Bloomberg:
The UK and the European Union are expected to work toward linking their carbon markets at a summit next month, a move that would underline improving relations five years after Brexit.
Bloomberg:
Austria is drawing up incentives for companies to increase drilling for geothermal heat, as part of efforts to secure clean and long-term energy supplies to replace Russian gas flows.
Bruegel:
An uncoordinated approach threatens EU energy security and the green transition.
Montel News:
A worsening global trade environment and high energy prices posed an “existential” threat to German steel making, the country’s steel industry association said.
Bloomberg:
Germany’s ambitious plans to ramp up defence and infrastructure spending will drive “major pivot” in power demand during the next few years, according to Goldman Sachs Group Inc.
EIB
Project to capture CO2 volumes corresponding to more than the emissions of all of Stockholm's road traffic in one year.
