In brief | 30 October '24
IEA analysis shows complex interplay between energy, industrial and trade policies as countries seek to secure supply chains and economic opportunities.
Reuters: EU slaps tariffs on Chinese EVs, risking Beijing backlash
- EU tariffs on Chinese-made EVs take effect on 30 October
- Brussels, Beijing to continue negotiating possible alternative
Reuters: Europe will pay a 'big price,' Trump warns on tariffs
Republican U.S. presidential candidate Donald Trump said the European Union would have to "pay a big price" for not buying enough American exports if he won the Nov. 5 election.
Reuters: German car industry transformation could cost 186,000 jobs by 2035, report finds
The transformation of the German car industry could lead to 186,000 jobs losses by 2035, of which roughly a quarter have already occurred, a report commissioned by the VDA auto industry association showed.
Eurostat: EU Rail passenger transport reaches new peak in 2023, as rail freight transport sees small decline
In 2023, 429 billion passenger-kilometres (pkm) were registered via rail in the EU, up from 386 billion in 2022 (+11.2%). This is the highest number reported by main rail undertakings since the start of the data collection in 2004.
Reuters: Volkswagen third-quarter profit slumps as major overhaul looms
Volkswagen said its third-quarter operating profit plunged 42 percent as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker.
Electrive: Lilium officially files for insolvency
The German electric flying taxi developer filed for insolvency for its two most important subsidiaries.
PIK: Multiple pathways towards sustainable development goals and climate targets
Sustainable lifestyles, green technology innovations and policy-led transformation each offer promising ways to make significant progress towards the UN Sustainable Development Goals (SDGs).
Helmholtz-Zentrum Hereon: Trawls reduce carbon storage
Flatfish and shrimp are caught in the North Sea by using trawls that are dragged across the seabed. This releases carbon into the water and CO2 into the atmosphere.
Universities of Mainz and Siegen: New approach paves the way for harvesting and storing solar energy efficiently
Molecular solar energy storage systems store solar energy in the form of chemical bonds, allowing it to be preserved for several weeks or even months.
