India was one of the advocates for holding a global stocktake exercise and has offered to host the second global stocktake, COP33. In the preparation of next Nationally Determined Contributions 2025-2030, India should conduct a national stocktake and go granular in its planning for meeting its own renewable and energy efficiency goals. State-level commitments are…
Having independently resumed operations of its major maritime ports on the Black Sea, Ukraine is forecast to increase grain exports for the remainder of the 2023-24 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. FAS’ Global Agricultural Information Network shows that, after an initial dip…
China announced it will establish a backup coal production system by 2027 to stabilise prices and secure coal supply, and aims to have 300 million metric tons of “dispatchable” coal production on hand by 2030. As China produces over 4 billion tons of coal each year, the direct operational impact…
Almost everyone – environmentalists, policymakers, financial institutions, and fossil fuel magnates alike – agree on one thing: it’s time to ditch coal. And that’s a list of people who don’t agree on pretty much anything at all. It’s clear that coal needs to go. The fossil fuel is infamously dirty and emits the highest amount…
Multinational corporations have warned that new migration regulations and fiscal reforms could force them to relocate their operations to other countries. The Netherlands has been a popular base for such companies, but many are now considering leaving. The technology firm ASML, which is valued at €360 billion and is the most highly-valued technology company in…
More than 300,000 euros in a crowdfunding campaign, funding from the state development bank and a very big promise: The Viennese startup Fontus, which made a name for itself with an allegedly self-filling water bottle for on the go, is insolvent. This emerges from an entry by the Alpine Accounts…
The European Union (EU) has “no interest” in extending the transit agreement for Russian natural gas supply to EU countries via Ukraine, EU Energy Commissioner Kadri Simson said on Thursday. The gas transit deal, with which EU members including Austria and Slovakia receive Russian gas via a route crossing Ukraine, expires at the end of…
1.55 million small investors in Hong Kong had pumped HK$1.3 trillion (US$167.7 billion) into the initial public offering in a bid to get a slice of the shares of Ant Group. The retail investors had oversubscribed 389 times for the IPO, according to people familiar with the matter. The development…
Coal is still a glowing part of global commodities markets even if prices for the energy source are sliding. Despite widespread perceptions that the coal industry is under threat, output is actually hitting new records — at least outside the U.S. and EU. The WSJ’s Megha Mandavia reports in a…
Tensions between Poland and Ukraine over grain imports have worsened. Polish farmers frustrated by the influx of Ukrainian grain staged protests, dumping grain from a train. Ukrainian President Zelensky criticized Poland’s actions as unhelpful. During a video presentation on Monday, the President of Ukraine characterized the blockade imposed by Polish farmers as nonsensical, particularly amidst…