In brief | 11 December '24

France24: Germany's Scholz calls for European EV subsidy plan

Chancellor's call comes as country's flagship auto industry struggles with the transition to battery-powered cars.

WEF: The Cost of Inaction: A CEO Guide to Navigating Climate Risk

Transition risks such as rising carbon pricing and physical risks such as extreme weather transform markets and reshape business models.

DW: "How a Chinese firm ran a billion-euro carbon credit scam"

German authorities approved dozens of likely fake climate projects that allowed firms to receive carbon credits.

Techem: Germans are paying more attention to their energy consumption - survey

84% actively concerned with their energy consumption, but see little scope for further savings.

ESS News: "Why battery energy storage is essential for Germany’s solar targets"

Lower power price outlook and increasing prevalence of negative prices mean difficult conditions for investors.