Europe, for some time, has been facing the wrath of the weather gods, it seems, as it has seen everything from heatwaves to wildfires all at once in a single calendar year, causing epic financial losses as well.
The impending implementation of the European Union s Carbon Border Adjustment Mechanism (CBAM) is poised to have a considerable effect on Vietnamese exporters, especially those operating within the steel, cement, aluminium, and fertiliser sectors.
(Bloomberg) Europe’s demand for gas is driving $223 billion in new investment to produce the fuel globally during the next decade, according to a new study that casts a spotlight on the region’s broad carbon footprint even as it tries to rein in emissions. Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetThree US Troops Killed in Attack Tied to Iran-Backed GroupsHouthi Hit on Russian Fuel Has Oil Traders Recalculating RisksSingapore’s $200,000 Toyotas Fue
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