In brief | 11 November '24

Guardian: The collapse of Germany’s government will delight Trump – and his European friends

The German dream of centrist, stable government has been dashed by geopolitical forces and the cult of balanced budgets, writes Paul Taylor.

Stephen Stapczynski (Bloomberg): Europe taps winter gas storage due to cold weather and weak wind generation

Gas stockpile withdrawals have been faster than normal in November, and more cold is forecast for this month. Gas prices are poised to rise in 2025 if winter ends with below-normal storage levels.

Politico: Britain’s heading for a nuclear power crunch. Blame the French

A once proud fleet of power plants is about to be reduced to one last, lonely nuke.

World Meteorological Organization: State of the Climate 2024 Update for COP29

2024 is on track to be the warmest year on record after an extended streak of exceptionally high monthly global mean temperatures.

KfW: PIK and KfW launch a financing concept for carbon removals

Economic costs of the climate crisis are overwhelming and carbon removal is a central pillar for achieving global climate goals. PIK and KfW call for rapid development of the market for carbon removals within emissions trading.