• Green Bloodbath: After $5 Billion in Losses, China’s Tesla Fights For Survival

    • Date: 23/09/19
    • Bloomberg

    It took Tesla Inc. about 15 years to rack up $5 billion in losses. The company known as China’s Tesla did it in four. The bleeding continues. Shanghai-based NIO Inc. is poised to report Tuesday that it lost another 2.6 billion yuan ($369 million) — around $4 million a day — during the second quarter, according to the average of two […]

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  • Majority of Irish Voters Oppose Doubling Of Carbon Tax, Poll Reveals

    • Date: 22/09/19
    • The Sunday Times

    Almost three-quarters of Irish voters would oppose an increase in carbon tax to €40 per ton in next month’s budget, according to a Behaviour & Attitudes (B&A) poll for The Sunday Times. Asked if they would support a doubling of the tax on petrol, diesel, coal and briquettes to discourage their use, 72% of respondents […]

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  • EU Deeply Divided Over New Climate Taxes

    • Date: 20/09/19
    • EurActiv

    Germany expects tough negotiations on the introduction of new energy taxes in the European Union, a senior official said on Thursday (19 September), as the bloc considers higher prices for carbon emissions as a way to achieve its climate protection targets. Over the last decade, EU countries have led a global shift towards renewable energy […]

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  • The New Coal Boom: China Plans 200 New Coal Power Plants

    • Date: 19/09/19
    • Reuters

    China’s total planned coal-fired power projects now stand at 226.2 gigawatts (GW), the highest in the world and more than twice the amount of new capacity on the books in India, according to data published by environmental groups on Thursday (Sept 19). The projects approved by China amount to nearly 40 per cent of the […]

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  • China & India Demand $100 Billion For Climate Action On Eve Of UN Summit

    • Date: 18/09/19
    • Climate Home News

    Asian superpowers demand billions in climate cash and claim that Western nations are historically responsible for climate change China and India demanded rich countries provide financial support for them to increase their climate plans, as leaders prepared to meet at a UN summit in New York. The summit has been personally convened by UN secretary […]

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  • Politicians Are Going Cold On Climate, Despite The Hype

    • Date: 17/09/19
    • Graham Lloyd, The Australian

    Despite a global push for more action on climate change, momentum has drained away. This month was supposed to be the one in which a global push for higher ambition on climate change took flight. Child prophet Greta Thunberg set sail for New York by luxury yacht to save petrol, a climate emergency was declared […]

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  • Future Of Frankfurt Motor Show In Doubt After Climate Protests

    • Date: 16/09/19
    • Financial Times

    The future of the world’s biggest motor show in Frankfurt has been thrown into doubt after a weekend of environmental protests disrupted the industry’s gala event. Bernhard Mattes, the outgoing chief of the German car lobby the VDA, which organises the gathering, refused to commit to a return to the city, which has hosted the […]

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  • Germany’s Green Suicide: Another $60 Billion To Weaken Its Struggling Economy

    • Date: 15/09/19
    • Reuters

    BERLIN (REUTERS) – Climate protection measures that Chancellor Angela Merkel’s conservatives and their Social Democrat coalition partners want to unveil next week will cost at least 40 billion euros (S$61 billion) until 2023, a person briefed on the talks told Reuters on Saturday (Sept 14). “We agree that something needs to be done but it […]

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