In brief | 11 February '26
Reuters: German auto industry in 'crisis' as investments, jobs move abroad, lobby says
"Germany is experiencing a huge crisis as a business location," says car industry association VDA.
Politico: European chemical giants plot to weaken EU's flagship climate policy
The ultra-polluting sector says the EU's carbon price is putting it out of business.
Bloomberg: EU should soften caps in emissions market, key lawmaker says
ETS reform should involve slower pace of emissions reductions for industries, said EPP environmental lead Peter Liese.
AFP: Solar, wind capacity growth slowed last year, Global Energy Monitor analysis shows
Announcements and construction starts grew 11 percent, following an increase of 22 percent in 2024, casting doubts on the goal of tripling renewable capacity by decade-end.
Reuters: Britain secures record amount of solar in renewable power auction
A total of 6.2 gigawatt (GW) of onshore wind, solar and tidal power projects won contracts, with the bulk, some 4.9 GW, going to solar.
Reuters: France to invest €50 mln in Imerys lithium project
Investment in country's flagship project for the battery metal will help cover feasibility studies before final investment decision.
Times of India: Reducing China dependence: India eyes critical minerals deals with France, Brazil, Canada, says report
According to sources, India is looking to replicate elements of an agreement it signed with Germany in January.
Bloomberg: Banks backing green steel fund ‘false solutions,’ report says
Almost all major banks that have pledged to finance low-carbon steel are backing initiatives that will lead to additional emissions, says nonprofit BankTrack.
Bloomberg: Trump to direct Pentagon to buy coal power to revive industry
Trump plans to use government funding and Pentagon contracts to sustain US coal-fired power plants.
The Guardian: Some of world’s oldest trees hit by climate-fuelled wildfires in Patagonia
Wildfires that left 23 people dead were made about three times more likely by global heating, researchers say.