In brief | 9 July '24
Carbon Brief:
Recent warming has led to around whether the world might pass the 1.5C Paris Agreement limit sooner previously estimated.
Financial Times:
Second-largest EV maker expands EU production as bloc clamps down on access for China imports.
Carbon Brief:
New UK prime minister Keir Starmer ran for office on a manifesto that promised big changes to the country’s climate, energy and nature policies.
Bloomberg:
The tech giant, which has seen its planet-warming emissions rise because of artificial intelligence, has stopped buying cheap offsets behind the neutrality claim. The company now aims to reach net-zero carbon by 2030.
Euractiv:
Portugal and Spain have agreed to participate jointly in meetings with France on energy interconnections, arguing that the issue is a European one and not just one between the Iberian peninsula and France.
Bruegel:
A cost-efficient, managed transition will require European coordination of electricity supply, demand and network investments.
Financial Times:
Europe’s nascent battery industry is reeling from the global slowdown in electric car sales, forcing companies to cancel or postpone projects that would have powered more than 2mn EVs for a year.
The Telegraph:
EDF's exit comes after announcing it would halt work on new small modular reactor designs and switch to using existing technologies.
Climate Home News:
As global competition hots up to secure lithium supplies for batteries, China is boosting its investments in Argentina while the US courts President Javier Milei.
Bloomberg:
Rising temperatures are killing a growing number of people around the world. Academics, doctors and government officials are struggling to keep track.
Ember:
Strategy comes with risks like volatile energy costs, stranded assets and undermining climate goals, think tank says.