Tag

Green Energy Transition

All articles tagged with #green energy transition

world1 month ago•4 min saved

Climate summit frames fossil-fuel capitalism as suicidal, ties debt to green transition

Colombia’s president warns that a fossil-fuel–based capitalist system is suicidal and could fuel war and fascism, as Santa Marta hosts a global climate summit to map a transition away from fossil fuels; France sets a timeline to phase out coal and expand renewables, while delegates stress that debt burdens and high interest rates in the Global South must be addressed to fund a just transition, including subsidy reform and debt relief.

via The Guardian|

#climate-summit #colombia #debt-crisis

automotive2 years ago•5 min saved

"Europe's Battle Against Chinese Electric Vehicles: A Love-Hate Relationship"

Chinese automakers are gaining traction in Europe's electric vehicle (EV) market, challenging established European brands. The affordability, features, and stylish design of Chinese EVs are appealing to climate-conscious car buyers in Europe, despite concerns about the threat to local carmakers and jobs. Chinese EV makers are drawn to Europe due to lower import tariffs and the continent's second-largest EV battery market. The surge in Chinese EV sales is stoking fears about Europe's automotive industry staying competitive as it transitions to electric vehicles. The European Union has launched an investigation into Beijing's support for its EV industry, which could result in import duties. European automakers are vowing to fight back against the "Chinese invasion" with new EV models.

via Yahoo Finance|

#automotive #chinese-electric-vehicles #competition