In brief | 28 March '25
Bloomberg:
While Mercedes and BMW have some flexibility due to factories in the US, Porsche has no plants in North America.
Bloomberg:
The European Union must resist pressure to weaken climate targets in order to aid carmakers after US President Donald Trump said he would slap a 25 percent tariff on auto imports, Germany鈥檚 outgoing environment minister Steffi Lemke said.
Reuters:
French oil major TotalEnergies said it would invest 160 million euros in six new battery storage projects in Germany to be commissioned next year.
FT:
Fusion energy start-up Marvel Fusion has raised 鈧�113mn in new funding as Germany steps up its efforts to compete in the global race.
Reuters:
After publishing a first wave of so-called "simplification omnibus" proposals last month to pare back sustainability reporting rules, the Commission is now assessing ways to simplify EU energy policies, five sources with knowledge of the plans said.
Bloomberg:
France has proposed fine-tuning the design of the European Union鈥檚 carbon markets to avoid high prices and volatility.
Reuters:
The EU's requirement for 6% of the jet fuel used by its airlines to be sustainable by 2030 is impossible to meet because of the cost and scarcity of green fuels, airline CEOs warned, in a statement the European Commission shrugged off.
The Guardian:
Tesla Takedown鈥檚 Global Day of Action will be the largest in a series of demonstrations that began after Trump term 2.0.
