In brief | 3 December '24
Nature: Why the EU must reset its Green Deal – or be left behind - comment
The world has changed since Europe’s ambitious climate package was designed. Here’s how the agreement should evolve.
Reuters: Dutch power grid group TenneT to spin off German business
Dutch-owned power grid group TenneT said on Tuesday (3 December) it will separate its businesses in the Netherlands and Germany in order to facilitate growth and a potential sale of its German arm.
Reuters: Switzerland's Feintool plans cuts in Germany, cites EV market weakness
Automotive supplier Feintool will close one of its sites in Germany and cut its workforce by as many as 200 people due to weakness in demand for electric vehicles and uncertainty over the shift to renewable energy, the Swiss firm said.
Bloomberg: Norway carbon-capture plant hits longship project milestone
The German company said its plant southwest of Oslo will now enter a commissioning phase with the aim to capture about 400,000 tons of carbon dioxide a year.
Reuters: France at turning point ahead of no-confidence vote, minister says
France is at a critical juncture due to uncertainty over the country's budget and the future of the government, finance minister Antoine Armand said.
The Guardian: Top UN court to begin hearings on landmark climate change case
Countries and organisations will make submissions before the International Court of Justice (ICJ) in The Hague on the legal obligations of countries to fight climate change.
EU Commission and EIB announce new partnership to support investments in the European battery manufacturing value chain
This partnership will see a €200 million top-up (loan guarantee) to the InvestEU programme from the EU Innovation Fund. It comes in addition to €1 billion in grants to support electric vehicle battery cell manufacturing projects via the Innovation Fund, also announced today.
Amid increased and devastating impacts of climate change and continuing degradation of our nature, the European Union must redouble its efforts to stay the course on its climate and environment policies and ambitions, said EEA executive director Leena Ylä-Mononen.
