In brief | 5 September ‘25
Reuters: German budget committee approves investment-heavy 2025 budget
Germany's budget committee finalised the budget for 2025 with record investments to revive the economy and a strong commitment to defence spending.
Reuters: EU grants 645 mln euros for Bornholm offshore energy hub, German economy ministry
The European Commission is providing a 645 million euro grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany's economy ministry said, a major step towards the creation of a cross-border offshore hub.
Electrive: New Tesla development centre planned in Berlin
The site will focus on material research as well as vehicle and drive development – plans that have long been in the pipeline.
Bloomberg: How Europe lost an area the size of Cyprus to wildfires this year
A record summer of blazes on the continent shows how governments and local communities can’t keep up with brutal fire conditions exacerbated by climate change.
Bloomberg: Poland argues for more imported carbon credits under green drive
Poland is pushing the European Union to allow bigger imports of cheaper international carbon credits under a proposed 90 percent emissions reduction target for 2040, arguing that currently projected levels won’t be enough to avoid price shocks.
Earth's Future: How thawing permafrost is shrinking the remaining carbon budget
Researchers quantified how estimates of the remaining carbon budget for 2°C and 3°C warming are reduced when carbon released from thawing permafrost is taken into account.
ACER: Meeting 70% grid capacity rule could have avoided electricity price spikes in South-East Europe
This ACER report highlights the importance of implementing the ’70 percent rule’ to facilitate more cross-zonal electricity trade.