In brief | 23 May '25
Financial Times: Merz backs Nord Stream ban to prevent US and Russia restarting gas link
German chancellor is worried about reigniting domestic row over Russian gas imports.
Reuters: German Q1 GDP upgraded as orders rush to beat tariffs
The German economy grew significantly more in the first quarter than previously estimated due to export and industry frontloading ahead of US tariffs, according to a second estimate.
Euractiv: EU Parliament agrees to exempt 90% of importers from CO2 tariff
Just 10 percent of importers will face paperwork under the EU’s new carbon tariff — but 99 percent of emissions will still be covered.
Financial Times: BYD sells more electric vehicles in Europe than Tesla for first time
Chinese car group has been pushing to expand into overseas markets for past few years.
Bloomberg: Northvolt to stop production in June with no buyers in sight
Northvolt AB will stop making cells at its last remaining factory in northern Sweden at the end of June, marking the demise of what was once Europe’s best hope of a homegrown battery champion.
Electrive: Port of Antwerp-Bruges introduces electric tugboat
The Port of Antwerp-Bruges has unveiled the Volta 1, Europe’s first fully electric tugboat.
European Commission: Emergency support of €15 million to farmers in Czechia, Slovenia and Germany
Member States endorsed the Commission's proposal to mobilise 15 million euros from the agricultural reserve to support farmers in Czechia, Slovenia and Germany affected by adverse weather events and a recent animal disease outbreak.
European Commission: Recommendations for Member States to help tackle transport poverty and promote fair, sustainable mobility
The European Commission today adopted recommendations to Member States how to address the complex challenges of transport poverty across the EU notably in the context of the upcoming Social Climate Plans.
ERCST: 2025 State of the EU ETS Report
The Report is intended as a “snapshot”, providing policymakers and stakeholders with an overview of how the EU ETS is doing by April of each year, based on the previous year’s data.
