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04 Nov 2024, 13:17
CLEW Team
|
EU

In brief | 4 November '24

Bloomberg: Germany’s shaky coalition heads for a €75 billion budget reckoning

Top judges to scrutinize levy on high earners and businesses. The ruling could bring the fragile coalition to the brink of collapse.

S&P Global: Germany posts 2nd consecutive y-o-y drop in gas consumption

Gas use remains 20% below pre-crisis levels, gas storage sites filled to 98% of capacity.

Transport & Environment: What investments are needed to green Europe's transport sector?

Europe needs to shift its public investments from fossil fuel subsidies and road building to green fuels.

Politico: Twenty six European commissioner hopefuls' credentials are being put to the test in European Parliament grillings over the next weeks

From November 4-12, all 26 nominees for European commissioner will face a three-hour public grilling to prove their credentials.

Euractiv: Brussels bubble divided by ‘technology neutrality’ principle

“Our engineers will know better than some green and left politicians in Brussels how to reach climate neutrality,” says German MEP and ‘technology neutrality’ defender Jens Gieseke.

IRENA: Green hydrogen auctions: A guide to design

Based on lessons learned from renewable power auctions, this report represents a guide for policymakers concerned with the design of auctions for green hydrogen deployment.

Bloomberg: The world promised to tame methane. Emissions are still rising

About 160 countries and 140 companies pledged to combat the potent greenhouse gas, yet releases from the fossil fuels sector remain near record highs.

Financial Times: World's largest transformer maker warns of supply crunch

AI data centre demands and renewable energy's dispersed nature are driving equipment orders for power grid upgrades.

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