In brief | 7 March '25
Politico:
Losing faith in Washington as a military ally, Berlin wants to rip up the old fiscal orthodoxy. But it’s now a race against the clock.
DW:
Saul Luciano Lliuya wants one of the world's major polluters to help offset the cost climate change will have on his village. Energy giant RWE has said it doesn't understand why it is being singled out.
Reuters:
- German state may invest in TenneT amid €200 billion spending plan
- TenneT seeks private investors or IPO for German operations
- Concerns over waning support for grid infrastructure due to high energy costs
Bloomberg:
German bonds extended their rout, with debt markets around the world sliding in the wake of Berlin’s historic plan to unlock hundreds of billions of euros for defence and infrastructure.
E.ON:
Europe can become climate neutral by 2050 through optimised resource use and targeted measures, saving around 1.5 trillion euros.
dpa:
The German government will retain control over the local units of the Russian state-owned company Rosneft, including a major oil refinery in the north-eastern German town of Schwedt.
S&P Global:
Even under a medium climate change scenario, major companies face trillions of dollars in climate-related financial costs. Yet relatively few are creating climate adaptation plans to soften the blow.
BloombergNEF:
µþ±ô´Ç´Ç³¾²ú±ð°ù²µ±··¡¹ó’s EU ETS II Market Outlook forecasts that carbon prices could surge to €149 per metric ton by 2030 as a result of the introduction of the ETS 2 for transport and buildings.Â