A new study underscores how targeted deployment of wind, solar, electrification, and green hydrogen can significantly cut EU natural gas consumption by 2050, boosting both climate goals and energy resilience amid geopolitical tensions. The war in Ukraine exposed a structural vulnerability in Europe’s energy system: heavy reliance on imported natural gas that can be weaponised by geopolitics. A new modelling study led by researchers at Cornell University argues that targeted deployment of wind, solar, electrification and green hydrogen could cut more than half of the European Union’s natural gas consumption by 2050, while advancing climate goals and strengthening energy security.…

The International Chamber of Commerce and Carbon Measures establish a technical expert panel to design a verifiable digital ledger system aimed at improving accuracy, transparency, and harmonisation in product-level carbon emissions data across global industries. The International Chamber of Commerce and Carbon Measures have convened a global Technical Expert Panel to design a ledger-based framework for product-level carbon accounting, a move intended to bring financial-accounting rigour to emissions measurement across value chains. According to the ICC and Carbon Measures, the panel’s mandate is to develop principles and implementation steps for a system that provides timely, accurate and comparable company- and…

The European Commission unveils a comprehensive plan to revitalise heavy industries such as steel and cement, emphasising decarbonisation, strategic autonomy, and increasing manufacturing share amid global overcapacity and trade tensions. The European Commission is banking on a dramatic rebound in heavy industry to reshape the bloc’s economic and strategic trajectory, projecting that steel and cement , alongside related energy‑intensive sectors such as aluminium , will account for at least 20% of EU economic output by 2030, according to a Commission document seen by Euronews. The plan forms part of a wider push to reverse a long-term erosion of manufacturing share,…

Wales’ new hydrogen strategy emphasises low-carbon production aligned with UK standards, fostering innovation, industry support, and a just transition amidst evolving energy and climate policies. The Welsh Government has published a strategic hydrogen policy that frames low‑carbon hydrogen as a pillar of industrial decarbonisation and regional economic renewal, while emphasising alignment with UK support mechanisms and the need to avoid entrenching fossil fuel dependence. According to the Welsh Government statement, Wales’ abundant renewable resources present a “tremendous opportunity” for low‑carbon hydrogen production. The policy, finalised after a public consultation that closed in May 2025 and which attracted 62 responses from…

Germany has launched a €3 billion EV subsidy programme that loosens support restrictions by including Chinese manufacturers, aiming to revitalise its EV market and accelerate climate goals amid strategic industry challenges. Germany has unveiled a €3 billion electric vehicle (EV) subsidy programme that for the first time in its recent stimulus cycle explicitly opens support to all manufacturers, including Chinese brands. Announced in early 2026, the scheme is intended to revive a market that has struggled since the withdrawal of earlier incentives, with industry data cited by multiple outlets showing a roughly 27% fall in EV sales after subsidies ended…

China is implementing mandatory digital identities for new-energy vehicle batteries to improve lifecycle traceability, regulate recycling, and align with international standards amid a surge in EV production and retiring batteries. China has moved to impose mandatory “digital identities” on new-energy vehicle (NEV) power batteries, aiming to trace units from manufacture through installation, end‑of‑life and recycling as Beijing prepares for a large wave of retired cells. According to the interim measures jointly issued by the Ministry of Industry and Information Technology (MIIT) and five other departments, each power battery will be assigned a digital ID linked to a unique code that…

Allianz Global Investors has secured a $690 million first close for its Allianz Credit Emerging Markets strategy, aiming to mobilise private capital towards low‑carbon sectors in developing regions and reach a $1 billion final target amid growing investor interest in sustainable emerging market projects. Allianz Global Investors has completed a $690 million first close of a new blended‑finance vehicle, the Allianz Credit Emerging Markets (ACE) strategy, as it targets a $1 billion final close to channel private capital into climate and development projects across emerging markets. According to AllianzGI, ACE will invest a diversified portfolio of private debt instruments in…

China is set to scale up its zero‑carbon factory development across key industries, aiming to lead global manufacturing decarbonisation and meet its climate commitments by 2060. China is moving to scale up “zero‑carbon” factory development across strategic industrial and information sectors, positioning pilot sites as catalysts for a broader decarbonisation of its manufacturing base. According to guidelines issued by five government departments including the Ministry of Industry and Information Technology (MIIT), Beijing will select a first cohort of pilot zero‑carbon factories from 2026 to serve as benchmarks for nationwide adoption. The programme defines zero‑carbon factories as facilities that continuously reduce…

Despite resilient demand, Europe’s air cargo sector is navigating a complex landscape marked by shifting trade routes, stricter environmental regulations, and rapid digital transformation, prompting strategic adaptations across the industry. Europe’s air freight market has shown resilient demand growth amid rising regulatory and cost pressures, but beneath headline figures the industry is being reshaped by shifting trade patterns, tightened environmental rules and rapid digitalisation. By October 2025 Europe’s air cargo demand had climbed 4.3% year‑on‑year, driven largely by a pronounced reorientation of traffic toward Asia, particularly the Europe‑Asia corridor which recorded double‑digit expansion in several monthly reports. According to IATA,…

Germany unveils a comprehensive tender strategy for up to 12.5 GW of hydrogen-compatible gas-fired power plants, signalling a pivotal move to transition from natural gas to green hydrogen and secure a resilient, low-carbon power system. Germany has moved from word to blueprint in its bid to anchor a renewables-dominant power system with dispatchable, low‑carbon backup. The Federal Ministry for Economic Affairs and Climate Action (BMWK) has launched an EU‑approved tender strategy for up to about 12–12.5 GW of “hydrogen‑ready” gas‑fired power plants, together with long‑duration storage, signalling an explicit pathway from gas today to green hydrogen tomorrow for industry and…