In brief | 12 November '26

S&P Global: German cabinet approves gas reserve draft law

Germany advances long-running effort to add further buffers safeguarding Europe's largest economy against acute energy security disruptions.

Carbon Pulse: Czech PM calls for comprehensive ETS2 review, clashes with Germany

Czech Prime Minister Andrej Babis has called for a fresh assessment of the EU’s incoming Emissions Trading System for road transport and heating fuels (ETS2), just days after Germany sent a letter to Brussels rejecting any further changes to the scheme.

Euronews: EU household electricity and gas prices fell in the first half of 2026: Who pays the most?

Household electricity and gas prices in the EU fell in the first half of 2026 compared with the same period in 2025. Prices rose in many European capitals in October, and households could face higher bills in early 2027.

Bloomberg: Defunding of weather observation makes planet more unpredictable

Weather and climate observations worth about $10 billion globally are at risk, according to the World Meteorological Organization.

Reuters: COP31 leaders try out new sales pitch for climate action: do it for the economy

Message reflects efforts by organizers to capture the attention of governments wrestling with crises that have pushed global warming down the list of priorities.

Bloomberg: Data-center carbon disclosure gaps make AI boom’s climate impact tough to assess

The biggest US AI companies have yet to publish detailed accounts of their energy or emissions performance, making their contributions to global warming difficult to measure.

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