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A methane hunter finds leaking gas that threatens Europe s climate goals
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The EU s proposed carbon tariff gets a mixed reaction from industry
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By Vanessa Dezem and William Wilkes
(Bloomberg Markets) Angela Merkel’s slow-motion departure from the German political stage took an ironic turn in April as the chancellor tripped over a climate law she herself had drawn up. In a shock decision, judges on the country’s highest court ruled that Merkel’s faltering attempts to rewire the energy system away from fossil fuels would saddle future generations with the burden of cutting emissions. Merkel–once hailed as a climate leader, now denounced as a straggler–was ordered to speed things up.
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Concerns over price of electricity from powerships
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DUBAI: Two new Saudi initiatives are generating buzz and enthusiasm for environmental protection and climate-change mitigation far beyond the Kingdom’s borders. Unveiled by Crown Prince Mohammed bin Salman on March 27, the Saudi Green and Middle East Green initiatives call for regional cooperation to tackle the environmental challenges facing the Kingdom and the region as a whole.
From conflict and hunger to energy and diplomacy, Saudi Arabia has traditionally been a leading force in shaping the GCC region’s policies and coordinating responses to crises. The “green” initiatives, which are part of the Vision 2030 reform strategy, will place Saudi Arabia at the center of regional efforts to meet international targets on climate change mitigation, as well as help it achieve its own goals.