In brief | 21 January '25
AP: Trump signs executive order directing US withdrawal from the Paris climate agreement — again
Move is blow to worldwide efforts to combat global warming and once again distancing the U.S. from its closest allies.
Ursula von der Leyen: Europe "will stay the course" on Paris Climate Agreement
European Commission president says EU will keep working with all nations that want to stop global warming.
Reuters: Germany should stay on green energy path despite Trump, minister says
Economy minister Habeck describes U.S. exit from Paris accord as 'fatal', stresses energy self-reliance.
Bloomberg: Trump again calls for EU to buy more U.S. energy to avoid tariffs
New U.S. president has lifted a ban on new LNG export projects.
Bloomberg: Trump orders agencies to halt spending from Biden’s climate law
U.S. president orders review of Inflation Reduction Act payments on first day in office.
FT: Oil majors brace for falls in LNG revenues as prices stabilise
Profits expected to take hit as volatility drops in market that surged following Ukraine war outbreak.
Montel: Europe to import 16% more LNG in 2025 – IEA
International Energy Agency assumes continued cessation of Russian pipeline exports through Ukraine.
ACEA: Battery-electric car sales declined by 10% in Europe in December 2024
Total registration rose 5 percent, pushed by surge in hybrid engine cars, car industry figures show.
