In brief | 27 August '24

Financial Times: Spanish environmentalist poised to take charge of EU’s green agenda

Teresa Ribera likely to become next commissioner for climate and environment, reports the FT.

Bloomberg: Chinese EV maker Xpeng is looking for a manufacturing site in Europe

Move makes company the latest Chinese carmaker seeking to mitigate the impact of EU import tariffs.

IEA: Global investment in renewable power & grids overtook spending on fossil fuels for the first time in 2023

Shift is a sign of the new energy economy that’s emerging, but investments still must grow faster to reach climate goals, the International Energy Agency says.

Politico: Is Germany’s rising superstar so far left she’s far right?

Sahra Wagenknecht’s new party BSW with its brand of “left conservatism” is upending German politics ahead of critical elections in the east, writes Politico.

Euractiv: China’s industrial strategy on "collision course" with top German export industries

"Massive, industry-wide subsidisation" in China's car and machine industries increasingly threatening Europe’s top exporting economy, Euractiv writes.