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Asset managers criticised for cumbersome stewardship efforts

The Net Zero Asset Owners Alliance (NZAOA), which accounts for $11trn (£89trn) of assets worldwide, has released new guidance for asset owners to support no new direct investments in upstream oil and gas infrastructure.

Green industry: Buy less Chinese instead of buy European

Free trade advocates have shown relief over the European Commission’s proposal for a “Net-Zero Industry Act” as it does not contain a provision to favour European manufacturers over foreign ones, but only a much looser provision against dependency on China.

Repower Heat: Industrial Waste Heat Could Power Millions of Homes in Europe

The current crisis represents a historic turning point for the energy system and even more for the future of European industry. Diversification in natural gas supplies as an alternative to Russian ones, renewed use of fossil fuels, a push towards renewables, and storage systems are just some of the topics on top of worldwide agendas.

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