In brief | 6 August ‘26

Reuters: Record low gas stocks expose Europe to risk of price spikes

Europe's natural gas stocks have fallen to a record low after the US-Israeli war on Iran squeezed global supply, reviving memories of the 2022 energy crisis that ​drove inflation and sapped industry profits.

Bloomberg: As the Danube hits record lows, every centimetre of river counts

Nuclear plants in Romania and Hungary are under threat of being shut down because there’s not enough water to cool them.

Reuters: Austria hits record temperature, Hungary curbs power use as Europe feels the heat

The temperature in Austria climbed to a record high on Wednesday (5 August), while Hungarians ​curbed power use as the latest heatwave and drought took their toll on central and southern Europe.

FT: European green bonds rebound to take share from ‘greenhushed’ US

The amount of green bonds issued in Europe is set to rebound to record levels this year, taking global issuance to an all-time high.

Technical University Munich: Unprecedented biomass loss in Europe's forests since 2018

Europe’s carbon sinks are under pressure, with forests in Central Europe, which have been heavily affected by drought and bark beetle outbreaks, particularly impacted.