The decision to create a Europe-wide carbon price was right but creates significant political risk. The good news is it can still be fixed. Energy costs and taxes are political dynamite, easily exploited by populist parties. And yet, the EU is set to introduce an economy-wide carbon price (ETS2) on … [continued]
Recently, I stood — virtually — before an audience of global institutional investors, invited by Jefferies investment bank to speak alongside six other experts on the deepening geopolitical tensions between the U.S. and China and their implications. Amid this intense discussion, one of the central themes was the rapid return … [continued]
On April 28, 2025, the Iberian Peninsula experienced a significant and sudden blackout, plunging large portions of Spain and Portugal into darkness and disrupting critical infrastructure for millions of people. The outage occurred at around midday, severing approximately 60% of the region’s electricity supply in seconds. The initial cause remains … [continued]
Emissions from European aviation have almost bounced back to 2019 levels, with flights within Europe even exceeding these, a new T&E study shows. The EU’s carbon market (EU ETS) is currently failing to address the true cost of these emissions, amid signs of climate backtracking from airlines. Aviation emissions and … [continued]
The Copernicus Climate Change Service (C3S), implemented by the European Centre for Medium-Range Weather Forecasts on behalf of the European Commission with funding from the EU, routinely publishes monthly climate bulletins reporting on the changes observed in global surface air and sea temperatures, sea ice cover, and hydrological variables. Most of the reported findings … [continued]
Ukraine has rapidly emerged as one of the world’s unexpected drone innovation hubs, driven by the brutal necessities of wartime. Thousands of sophisticated drones now soar above Ukrainian battlefields, ranging from compact FPV (first-person-view) attack drones to advanced reconnaissance platforms capable of extended missions deep into contested areas. Remarkably, this … [continued]
China’s equivalent to Boeing and Airbus, COMAC, faces a critical strategic inflection point, driven by intensifying geopolitical tensions and a trade war that the second Trump presidency intentionally added significant accelerant to. While China’s intent to compete with Boeing and Airbus through the C919 narrow body and the upcoming C929 … [continued]
The tax incentives in Germany to steer companies towards electric cars are amongst the weakest in Europe and three times lower than in France. Poland, Spain and Italy also perform worse than their neighboring countries in designing a green fiscal system. Germany offers one of the smallest ‘tax gaps’ in … [continued]
Austria’s recent announcement that it would shutter its entire network of hydrogen fueling stations caught many industry observers off guard. But for those closely tracking the economics, Austria’s exit wasn’t surprising at all. The stations faced persistently low vehicle numbers, low throughput, and mounting operating losses. This stark withdrawal illustrates … [continued]
China’s heavy vehicle sector took major strides toward electrification in 2024, underscoring the country’s continued leadership in the global transition toward zero-emission commercial transportation. Heavy road vehicles, including trucks, buses, construction equipment, and special-purpose vehicles, have traditionally lagged passenger cars in the electrification race, mainly due to operational challenges and … [continued]
